A composite measure of commercial real estate investment performance, based on data submitted by institutional investors, tracks market trends across various property types, including office, industrial, retail, and apartments. This aggregated data provides valuable insight into capital flows, valuation changes, and overall market health within the institutional real estate sector. For example, a rising index might indicate increasing property values and strong investor confidence.
This benchmark serves as a crucial tool for institutional investors, portfolio managers, and researchers to gauge market performance, compare investment strategies, and analyze historical trends. It provides a standardized framework for evaluating the success of real estate portfolios and informing investment decisions. Historical data from this index offers a valuable perspective on long-term market cycles and the impact of economic events on commercial real estate.