Home / News / INREV News / Performance of the youngest closed end fund vintage improves further in Q3 2021

Performance of the youngest closed end fund vintage improves further in Q3 2021

Funds that had the first closing between 2017 and 2019 recorded a since inception IRR of 8.9% on a pooled basis, up from 7.5% in Q2 2021

Key highlights

  • On an equally weighted basis, funds launched between 2014 and 2016 show the strongest performance, posting an IRR of 9.8%
  • Recently launched non-core funds power ahead of their core peers this quarter, with pooled IRRs of 9.1% and 8.5%, respectively
  • Younger multi sector funds outperformed single sector funds on both a pooled and an equally weighted basis

Download the report, Excel, Snapshot and Supplements 

downloads

INREV Internal Rate of Return (IRR) Quarterly Index  

Last updated on 13 Mar 2024

The IRR Index measures the since inception internal rate of return performance of European closed end non-listed real estate vehicles. Performance is measured net of fees and costs, and is computed on both a pooled return basis and an equally weighted basis.