Press Releases

03 April, Venice – The first pan-European quarterly Asset Level Index was launched today at the INREV Annual Conference. Hugely anticipated by the industry, the index already covers over 7,000 assets with a total AUM of over €150 billion, with the potential to become much larger and to provide even greater depth of insight.

03 April 2019, Venice – Ray Adderley from Nuveen Real Estate has joined the INREV Management Board. The appointment was confirmed at INREV’s Annual General Meeting in Venice and is effective immediately.

03 April, Venice – A record €161.7 billion of capital was raised for investment into real estate around the world in 2018, according to the Capital Raising Survey 2019, published by ANREV, INREV and NCREIF today.

Investors still set to hike commitments, in defiance of late cycle 10 January, London – Current average allocations to real estate increased to 10.0% from 8.9% in 2018, against an increase in target allocations from 10.2% to 10.4%, significantly narrowing the gap between the two for the first time, according to the global Investment Intentions Survey 2019, published today by INREV, ANREV and PREA. However, global institutional investors remain bullish about real estate indicating their intention to place a minimum...

12 December 2018, Amsterdam – INREV’s German Vehicles Quarterly Index for Q3 2018 recorded a slowdown in performance of German vehicles. Overall returns fell to 0.74% compared to 1.06% the previous quarter, bringing the 12-month rolling return to 4.02%. The downturn was largely driven by slower capital growth at 0.37%, dropping off from 0.50% in Q2 and 1.01% in Q1 2018. Spezialfonds still robust The Spezialfonds sector has tripled in size over the past eight years and has persistently outperformed...

The 2018 INREV Debt Funds Universe report, reveals the continuing strength of real estate debt funds. The full Universe of 67 vehicles – eight more than last year – recorded a total target gross asset value of €33.0 billion – up from €30.2 billion in 2017. The Universe results reflect investors’ stated appetite for debt funds as highlighted in INREV’s Investment Intentions Survey 2018, which showed that 23.6% of investors planned to increase their allocations to debt funds. Though the increase in the number of debt funds in the Universe is relatively low at 11%, this is likely to increase. The Investment Intentions Survey suggests that interest is likely to come from US investors hunting for opportunities to gain greater exposure to European non-listed real estate.

The Nick Tyrrell Research Prize recognises the best in real estate investment research 1 October 2018, London – Industry associations and the sponsors, the European Association for Investors in Non-listed Real Estate Vehicles (INREV), the Investment Property Forum (IPF) and the Society of Property Researchers (SPR), have awarded the 2018 Nick Tyrrell Research Prize to joint authors Dr Frank Ametefe and Dr Steven Devaney, both of the Henley Business School, University of Reading, with Professor Simon Stevenson of the University...

20 September 2018, Amsterdam – The 2018 INREV Management Fees & Terms Study highlights the non-listed real estate industry’s dramatic leap in transparency, achieving a record response rate from INREV members. A total of 418 vehicles provided data to the study – marking a ten-year high. Of this number, 155 funds delivered data on their total expense ratio (TER), compared with 42 in the previous study, and 111 vehicles provided details of their real estate expense ratios (REER). The study...

3 September 2018, Amsterdam – Ninety-two European closed end non-listed real estate funds are set to terminate over the next 10 years, releasing a potential €20.9 billion of assets back into the market, according to the INREV Funds Termination Study 2018. Between 2018 and 2020, 44 funds with a combined AUM of €9.6 billion are due to close. The peak of activity is anticipated in 2022, when 22 funds could be wound up. Funds with a retail strategy outnumber those...