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.
On 7 May, INREV, together with AREF and BPF submitted a joint proposal to the UK Financial Conduct Authority on UK AIFMD External Valuer Liability. The submission proposed raising the threshold for unlimited liability of external valuers from “negligence” to “serious error”.
The INREV German Vehicles Annual Index covers the performance of non-listed real estate vehicles domiciled in Germany on an annual basis.
The 2020 version covers the full year 2019.
This paper focuses primarily on how blockchain and tokenisation can impact nonlisted real estate investments, be it when making investments into funds or individual assets.
The Index is wholly comprised of open end core commingled equity real estate funds that have a strategy to invest across pan Europe and across multiple sectors. Funds must comply with a strict eligibility criteria for four consecutive quarters in a row to be included in the index.