The European ODCE Index returned -0.56% in Q1 2024, the best quarterly performance since Q2 2022.
Key highlights include:
- The capital growth increased by 390 bps to -1.20% compared to -5.10% recorded in Q4 2023.
- At the end of Q4 2023, the gross asset value (GAV) of the index stood at €42.2 billion across the 16 participating funds, €0.4 billion above the previous quarter.
- The share of industrial logistics assets in the index fell for the first time in four quarters to 30.3%.
- The net capital flows reached €212 million at the index level, by the end of the quarter. This represents a slight drop compared to the €281 million equivalent posted in Q4 2023.
Download the report, Excel, snapshot and the ODCE Management Fees and Terms report below.
European ODCE Quarterly Index
Last updated on 21 May 2024
The Index is wholly comprised of open end core commingled equity real estate funds that have a strategy to invest across pan Europe and across multiple sectors. Funds must comply with a strict eligibility criteria for four consecutive quarters in a row to be included in the index.
ODCE Management Fees and Terms 2023
Last updated on 15 Nov 2023