Press release
Baar-Zug, 10 June 2013
The latest results of the Partners Group Thomson Reuters Private Real Estate Index confirm global private real estate's sustained recovery, as the Partners Group Thomson Reuters Index posted its third consecutive calendar year of positive performance. On a three-year annualized basis, the surveyed private real estate strategies generated total returns of 9.5% per annum and were able to outperform both traditional stock and bond portfolios. The index is based on data contributed by 299 fund partnerships as of fourth quarter 2012, with data collected primarily through direct surveys.
Claude Angéloz, Partner and Co-Head Private Real Estate at Partners Group, commented, “The latest performance data from the Partners Group Thomson Reuters Private Real Estate Index continues to support the findings of our recent research flash ‘Private real estate: why a global approach outperforms.' The study found that in addition to geographic diversification, global approaches offer considerable long-term performance benefits. This belief is shared by many institutional investors as evidenced by their efforts to increase their exposure to global private real estate.”
Fund type | 1 yr | 3 yr | 10 yr |
Value-added | 8.0% | 13.0% | 0.1% |
Opportunistic | 5.3% | 7.5% | 6.4% |
All real estate | 6.3% | 9.5% | 3.7% |
Source: Partners Group Thomson Reuters Private Real Estate Index
1 yr horizon by fund type | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 |
Value-added | 8.0% | 16.1% | 27.4% | -38.5% | -33.0% |
Opportunistic | 5.3% | 6.3% | 13.5% | -13.3% | -30.4% |
All real estate | 6.3% | 9.4% | 17.8% | -23.0% | -31.1% |
Source: Partners Group Thomson Reuters Private Real Estate Index