The INREV Quarterly Fund Index delivered a 1.30% total return in Q1, up from 1.18% a quarter earlier. The Q1 2026 release includes a record 322 funds with a combined GAV of €307.5 billion.
Key highlights:
- The INREV Quarterly Fund Index delivered the highest total return and capital growth since Q2 2022
- At 3.14%, the Dutch-focused funds delivered their ninth quarter of positive performance and their highest performance in four years
- All single sectors delivered a positive performance in Q1, with the residential specialists outperforming and delivering the highest performance since Q2 2022
- At 0.57%, office-focused funds’ one year rolling return turned positive for the first time since Q4 2022
View detailed analysis via the Index Analysis Tool or download the report, Excel and snapshots below.
INREV Quarterly Fund Index
Published on 19 May 2026
The INREV Fund Index is a performance index for European non-listed real estate funds investing 90% or more in Europe. The information for the quarterly goes back to Q2 2000. The Quarterly Index is published 8 weeks after the end of the quarter, and reports are available in PDF format. The reports cover the performance of non-listed funds in Euro, USD, GBP, JPY, AUD and in Local Currency and are available for members only, please login to download.