May 30, 2023
The Global Real Estate Fund Index (GREFI) delivered a total return of 1.80% in Q4 2020, close to the pre-pandemic levels of 2019.
Key highlights include:
- The GREFI All Funds Index showed an improvement in Q4 2020 performance, delivering a total return of 1.80%, up from 1.08% posted in Q3
- The Q4 2020 total returns stood at 3.05% for Asia Pacific funds, 1.70% for European funds and 1.51% for US strategy funds. However, with 2.14%, European funds outperformed on a 1 year rolling basis
- GREFI Core and GREFI Non-Core segments delivered quarterly returns of 1.64% and 2.73%, respectively
Download the report, Excel and snapshots below for detailed GREFI data.
Global Real Estate Fund Index (GREFI) Quarterly
Published on 21 Mar 2023
The Global Real Estate Fund Index (GREFI) is jointly produced by INREV, ANREV and NCREIF and measures the performance of non-listed real estate vehicles on a global scale.
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The GREFI is an index showing the performance of non-listed real estate funds on a global scale. The GREFI is updated on a quarterly basis and is published 12 weeks following the quarter end.
The aims of the GREFI are to improve transparency of real estate as an asset class and to help our members make better informed investment decisions. As an industry, it is vital that we work towards being able to make robust global and intra-regional comparisons.
This initiative represents the integration of three member-driven non-profit organisations to meet the data collection and information needs of their expanding global activities, and to serve as the basis for further collaboration in the future.