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Sign in Sign up for a FREE subscriptionINREV: Pan-European Quarterly Asset Index sees total returns hit 3.01 percent
Results from the latest pan-European INREV Quarterly Asset Level Index reveal the strong performance of European non-listed real estate. Total returns hit 3.01 percent in second quarter 2021, driven largely by capital growth of 2.10 percent (up from 0.42 percent the previous quarter) and marking the fourth consecutive quarter of positive performance, and the best quarterly result in three and a half years.
At a fund level, total return increased to 2.57 percent compared with 1.19 percent in first quarter 2021 according to the INREV Quarterly Fund Index. Capital growth spurred performance reaching 1.82 percent – the highest level since fourth quarter 2006. Core funds delivered a total return of 2.62 percent in second quarter 2021 and continued to outperform value added strategies, which nonetheless rose to 1.75 percent over the same period.
Momentum builds for the U.K. and the Dutch market rebounds
The INREV Quarterly Asset Level Index recorded
