The European ODCE Index returned 1.50% in Q1 2025, up from 0.92% a quarter earlier. The total gross asset value (GAV) of the European ODCE Quarterly Fund Index stood at €41.4 billion at the end of Q1 2025.
Key highlights:
- Q1 2025 marks the second consecutive quarter of positive capital growth after nine quarters of value declines, up by 68 bps to 0.75%.
- The ODCE Index outperformed the main INREV Fund Index for the first time since Q4 2022 with a 46 bps difference.
- The industrial / logistics sector now represents the largest sector within the ODCE Index, accounting for 31.0% of the total GAV.
- Net flows turned slightly positive again in Q1 2025. The index level net flows stood at €27.2 million, up from -€ 25.5 million in the previous quarter.
Download the report, Excel Supplement and snapshot below.
European ODCE Quarterly Index
Published on 18 Feb 2025
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.