A strong end to the year for European real estate assets 

The INREV pan-European quarterly Asset Level Index recorded a total return of 1.92% in Q4 2020, its strongest performance since the outbreak of the COVID-19 pandemic.

Key highlights:

• Strong Q4 2020 performance was primarily driven by capital growth, which increased by 73 bps since Q3 to 1.00%. The Q4 income return stood at 0.91%, a slight fall from the 0.94% registered in the previous quarter.  
• The industrial/logistics sector remained resilient, delivering the strongest quarterly total return of 5.70% of all sectors. In contrast, the Q4 performance of retail assets deteriorated further to deliver a total return of -1.81%, despite the strong performance of supermarkets/superstores (3.36%). The Q4 total returns for the residential and office sectors were reported at 1.88% and 1.84% respectively. 
• Notwithstanding a significant improvement in performance, the UK still lagged its country peers with a total return of 1.52%. Germany delivered the strongest quarterly results, with a total return of 4.27%. 

The results of the INREV Annual Asset Level Index 2020 have also been published, and can be found on the website here

INREV is calling for members to join this important initiative. Those who sign up now and contribute their data will benefit from a fee-free first year. 

If you would like to schedule a demo of the Asset Level Index Analysis tool or have questions about this index, contact Connor van Leeuwen (connor.vanleeuwen@inrev.org) or visit the Asset Level Index page.