The Global Investor Real Estate Performance Index launched by INREV at its annual conference in Vienna on 20 April is designed to give investors something that they have not had before — an index that tracks investor performance and not just fund performance. Initial findings reveal an average real estate performance of 8.75 percent per year between 2005 and 2014, against 4.9 percent per year for investment-grade bonds and 6.2 percent per year for global equities.

The new index enables investors across the world to track and benchmark their performance against their peers. It covers the four main routes to real estate investment — listed, non-listed, direct and commercial real estate debt — and the principal real estate sectors of office, retail, industrial/logistics and residential. It also covers the key geographic regions of Europe, Asia Pacific, North America, South America and Africa.

The first release of the index features data from 19 investors across eigh