The performance of the INREV Quarterly Fund Index rose to 0.00% in Q1, up from -1.90% a quarter earlier.
The Q1 2024 release includes 294 funds with a combined GAV of €288.1 billion.
Key highlights include:
- Core funds’ performance turned positive in Q1, delivering a total return of 0.13%, after six consecutive quarters of negative performance
- Retail displays the strongest performance among single-sector specialists, recording a 1.00% total return
- At -0.05%, German-focused funds report first negative total return since Q4 2012
- Nordic funds’ total return (-2.67%) increased by 308 bps quarter-on-quarter. The one-year rolling return is now -11.91% and was the lowest among the European regions
View detailed analysis via the Index Analysis Tool or download the report, Excel and snapshots below.
INREV Quarterly Index
Last updated on 20 Aug 2024
The INREV Index is a performance index for European non-listed real estate funds investing 90% or more in Europe. The information for the quarterly goes back to Q2 2000. The Quarterly Index is published 8 weeks after the end of the quarter, and reports are available in PDF format. The reports cover the performance of non-listed funds in Euro, USD, GBP, JPY, AUD and in Local Currency and are available for members only, please login to download.