INREV's annual conference in Barcelona has heard that the introduction of regional sub-indices and a global index will foster more transparency in the non-listed real estate fund industry.
INREV's annual conference in Barcelona has heard that the introduction of regional sub-indices and a global index will foster more transparency in the non-listed real estate fund industry.
The fund performance indices will help investors compare asset classes, according to INREV, the European Association for Investors in Non-listed Real Estate Vehicles.
INREV has over time increased the number of regional sub-indices it publishes, which now include Continental Europe, the Nordics, Central & Eastern Europe, Western Europe and Southern Europe. The number of funds participating in the Index has also increased from 285 to 294.
The addition of the global index will improve transparency and investor knowledge enabling them to accurately compare non-listed real estate funds with other real estate investments as well as with other asset classes such as private equity, bonds and equities, INREV said.
'Investors and fund managers need trustworthy relevant information which is why we’ve honed the Annual Index and developed the sub-indices over time. Add this to the Global Index and ANREV's Asian Index and the industry can now benefit from a much more comprehensive picture of fund performance,' said Casper Hesp, director research and market information at INREV.
'Crucially, this will help them to properly compare non-listed real estate fund performance with other competing asset classes on a global level which should encourage capital flows into the sector.'
