A new real estate index on the block
Published: October 15, 2012
The new PREA/IPD U.S. Property Fund index not only tracks performance of open-end real estate funds, but also allows investors to examine various performance drivers.
With the exception of self-storage, the composition of the new index by property type is similar to that of the NCREIF Property index, the longtime industry standard for private real estate. Composition by region is virtually the same for both indexes.
*Data totals more than 100% due to rounding. Sources: Pension Real Estate Association and IPD Group Ltd.