Press Releases

34 funds expect to terminate between 2022 and 2024 Liquidation replaces extension as preferred termination option 30 August 2022, Amsterdam – According to the INREV Funds Termination Study 2022, 34 European closed end, non-listed real estate funds will terminate between 2022 and 2024. As a result, €9.61 billion of gross asset value (GAV) could be pumped back into the market. This compares with just over €10 billion identified for 2021 to 2023, in last year’s study. By 2031, 90 funds...

Funds of funds rose to record high €52.6 billion AUM in 2021, delivering a positive net return for nine consecutive years 13 July 2022, Amsterdam – According to the ANREV / INREV Funds of Funds Study 2022, published today, funds of funds achieved the highest returns since the study began in 2007, following a year of strong performance. Similarly, the ANREV / INREV / NCREIF Fund Manager Survey 2022 demonstrates a year of increased investor appetite for the segment, with assets under management (AUM) by funds of funds surging to a record high of €52.6 billion. Both studies showcase the benefits of scale and diversification that funds of funds offer.

INREV and ULI Europe have today published a short paper focusing on DEI challenges, progress and initiatives of market participants across Europe. The paper combines data from a joint global survey on DEI undertaken by seven leading industry associations (ANREV, INREV, NAREIM, NCREIF, PREA, REALPAC and ULI) together with Ferguson Partners in December 2021, alongside additional interviews with leading DEI professionals, including senior fund managers, leading HR practitioners, dedicated DEI experts and CEOs. Below are the key takeaways and themes...

High capital growth drives strong performance for fourth consecutive quarter, geopolitical and macro-economic uncertainty shift investor sentiment

18 May 2022, Amsterdam – Total global real estate assets under management (AUM) hit a new record high of €4.1 trillion in 2021, surpassing the figure achieved at the end of 2020 when AUM reached €3.3 trillion.

The Capital Raising Survey 2022, published today by ANREV, INREV and NCREIF, reveals a 107% increase on the €123 billion capital raised in 2020, demonstrating an exceptional recovery following the height of the Covid-19 pandemic. And the signs are that this upward trajectory will continue, with 76% of respondents expecting an increase in capital raising activity over the next two years – although the timing of the survey makes it difficult to assess the extent to which participants took the invasion of Ukraine into account.

Capital growth significantly outstripped previous quarterly postings Geopolitical uncertainty and rising global inflation signal shift in investor sentiment 16 March 2022, Amsterdam – European non-listed real estate delivered a record-breaking performance in Q4 2021. The INREV pan-European Quarterly Asset Level Index posted record high quarterly total returns of 4.85%, driven by exceptional capital growth of 3.99%, which accounts for over 80% of the total performance. This represents a one-year rolling total return of 12.89% – well above the annualised three-year...

Significant allocations planned for non-listed funds; ESG gains momentum in investment decisions 12 January 2022, Amsterdam – Institutional investors plan to invest at least €60.1 billion* into global real estate this year, according to the 2022 Investment Intentions Survey published today by ANREV, INREV and PREA. The majority of this new capital comes from European investors (61%*), whilst their counterparts from North America and Asia Pacific account for 14%* and 25%* respectively. Funds of funds expect to commit a further...

ANREV, INREV, NAREIM, NCREIF, PREA, REALPAC and ULI joined forces with Ferguson Partners in 2021 to track global real estate diversity, equity and inclusion (DEI) data around corporate practices. According to the results of the 2021 DEI Survey, 92% of commercial real estate firms globally have a DEI program or initiatives highlighting a clear mandate and momentum for DEI to be a priority within the industry. The Survey also reveals the gender composition of the CRE industry, with men representing...