- March 1, 2015: Vol. 27, Number 3

To read this full article you need to be subscribed to Institutional Real Estate Americas

The elusive benchmark: Real estate investors are still in search of the most appropriate benchmark

by Claude Angeloz and Pieter Nelissen

Regardless of the asset class, the ability to generate superior investment performance is the measurement that separates good investors from great investors. In most asset classes, performance is easily compared and contrasted against a commonly agreed upon investment universe or an appropriate index of investment opportunities. But in private real estate, investors face the dilemma of attempting to evaluate performance without the benefit of a commonly agreed upon benchmark, as globally comprehensive real estate return comparisons still remain elusive.

This article, based on a larger Partners Group research piece, examines the indices available to today’s global real estate investor and aims to give an overview of their origins, comprehensiveness, and strengths and weaknesses. However, it is our belief that despite greater real estate index availability today than ever before absolute returns comparisons often provide investors with the most pragmatic solution to benchmark

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy