Griffin Capital Co. announced that, in the second quarter of 2021, Griffin Institutional Access Real Estate Fund generated its highest quarterly return since inception.
The fund’s Class I shares (NASDAQ: GRIFX) delivered a 5.1 percent total return in the second quarter, bringing the fund’s trailing one-year total return to 13.39 percent, as of June 30, 2021.
“We believe the fund’s strong performance during the quarter demonstrated the efficacy of our diversified real estate strategy which allocates across equity and debt investments within both private and public real estate securities,” said Randy Anderson, CEO of Griffin Capital Asset Management Co. “We are pleased with the fund’s performance, and believe real estate remains a compelling opportunity for investors seeking to participate in the continued economic recovery.”
Since inception seven years ago, the fund has generated positive returns in 26 of 28 quarters, with an annualized volatility