The ANREV Quarterly Index has attracted the participation of 100 funds for the first time since its inception back in 2012, with 40 investment managers contributing to it. This represents $133.3 billion of the gross asset value (GAV) of non-listed real estate funds in the Asia Pacific market, highlighting the growing size of the investment universe in the region.
This milestone follows the decision to extend the history of the ANREV Quarterly Index back to first quarter 2005, starting from the first quarter 2019 index, allowing the industry to view nearly 15 years of performance. This has also been extended to the Global Real Estate Fund Index (GREFI), which now shows the historical performance of returns since first quarter 2005, increasing the relevance of non-listed funds as an asset class globally.
It was also recently announced at the ANREV Annual conference in Beijing in October that the Pan Asia Core Open End Fund Index will be renamed as the ANREV Open End Dive
