The first Global IRR Index has arrived, providing data on the performance of value added and opportunity strategy closed end non-listed real estate funds in Asia Pacific, Europe and the US.
This index will bring greater comparability with other asset classes that use since inception IRR as the predominant way to measure their performance.
Since-inception IRR, or money weighted returns, is the most common metric for closed end funds.
This consultation index adds to the suite of INREV global indices, builds on the European IRR Index and marks an extension of the ongoing collaboration between ANREV, INREV and NCREIF to provide a suite of global products, including indices, research and standards which further transparency of the non-listed real estate investment industry.
Don’t forget you can get deeper insights into the Global IRR Index by joining the briefing on Thursday 30 April at 9:30 CET.
Highlights of the first index release show:
- The first consultation release of the Global IRR features 294 closed end non-core strategy funds
- Asia Pacific region is represented by 62 funds, European region by 102 and US – by 130 funds
- Funds launched between 2011 and 2013 posted the highest average IRRs across the time series of the index, while those launched between 2004 and 2008 – the lowest
Download the excel and overview
The first Global IRR Index provides data on the performance of value added and opportunity strategy closed end non-listed real estate funds in Asia Pacific, Europe and the US.