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European ODCE Index turns negative for the first time since Q2 2020

The Q3 2022 European ODCE Index delivered a -1.28% total return, the weakest performance since the inception of the Index.

Key highlights:

  •  The Q3 2022 total return stood at -1.28%, a sharp decline compared to the 2.47% posted in Q2 2022. Capital growth plummeted to -1.77%, driving the overall decline in performance.
  • The European ODCE Fund Quarterly Index is growing. The gross asset value (GAV) reached €46.6 billion across the 16 participating funds at the end of Q3 2022.

Download the report, Excel, snapshot and the ODCE Management Fees and Terms report below.
 

European ODCE Quarterly Index

European ODCE Quarterly Index  

Published on 22 Nov 2022

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.