23.08.2012 - Launch of a new global real estate fund index
The Asian and European Associations for Investors in Non-listed Real Estate (ANREV and INREV) and the National Council for Real Estate Fiduciaries (NCREIF) have agreed to co-operate to create a new Global Fund Index which will measure real estate investment performance of non-listed real estate vehicles on a global basis for the first time. The new index will reflect a substantial investment universe and allow the non-listed real estate sector to be analysed and compared against other asset classes globally in addition to offering valuable new insights for investors and asset allocation. The combined Global Index will have a potential of around 670 funds with a total estimated Gross Asset Value of 519 billion...............................................Full Article: Source
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