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Strong performance among younger funds across vintages

Closed end funds launched in the most recent vintage groups showed higher performance, according to the IRR Annual Index 2020.

Key highlights of the Annual IRR Index include:

  • This IRR Annual Index release includes 218 funds, comprised of 111 core and 107 non-core strategy
  • Vintages with a year of first closing between 2014 and 2016, delivered the highest pooled IRR
  • Non-core funds continue to outperform core strategy funds

Download the report, Excel, and Snapshots below.

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Internal Rate of Return (IRR) Annual Index  

Last updated on 26 Jul 2023

The IRR Index measures the since inception internal rate of return performance of European closed end non-listed real estate vehicles. Performance is measured net of fees and costs, and is computed on both a pooled return basis and an equally weighted basis.