The third release of the INREV Living Fund Index reveals the highest performance since Q2 2022 with a total return of 2.54% in Q1. The composition of the Index expanded by two additional funds compared to the second release. This release includes 50 vehicles with a combined GAV of €65.8 billion as of Q1 2026.
Key highlights:
- The Dutch focused funds, representing 56.1% of the Index by GAV, posted a total return of 3.90% in Q1, outperforming the other geographical strategies and delivering their highest performance since Q1 2022
- Residential funds delivered a total return of 2.71%. They notably exceeded the student housing focused funds’ performance of 0.15% in Q1
- Core funds delivered a total return of 2.68% this quarter and outperformed their value added peer.
View a detailed analysis via the Living Fund Index Analysis Tool or download the report, Excel and snapshots below.
INREV Living Fund Index
Published on 26 May 2026
The INREV Living Fund Index is a quarterly index which measures the net asset value performance of commingled European non-listed Living real estate funds targeting institutional investors.