The INREV European Quarterly Asset Level Index recorded a total return of 1.67% in Q1 2026, higher than the 1.28% recorded in Q4 2025. This Index release includes 6,911 assets, valued at € 200.8 billion as of the end of the quarter.
- Capital growth surged from 0.26% in Q4 2025 to 0.64% in Q1 2026, while its one-year rolling equivalent reached 1.94%.
- Among the main markets, the highest returns were once again delivered by Dutch assets at 2.90%, marking their eleventh consecutive quarter leading the ranking. The UK followed, albeit more moderately, delivering a total return of 1.05%, supported by retail assets which returned 1.60% this quarter.
- French assets posted a return of 0.86% in Q1, with capital growth at -0.14%. Within the market, industrial/logistics recorded the strongest return, at 1.06%. German assets returned to positive territory at the start of the year, delivering 0.69%.
- At the sector level, residential claimed back its top spot among the main sectors. It delivered 2.85%, its highest performance since Q3 2024. Retail followed at 1.47%, while industrial/logistics returned 1.43%. Office once more remained in the positive, returning 0.85%, led by Dutch and UK assets.
INREV is calling for members to join this important initiative.
In Q1 2026, INREV is pleased to welcome its newest Asset Level Index participants, NORDIKA and Round Hill Capital, totalling 40 companies.
If you would like to schedule a demo of the Asset Level Index Analysis tool or have questions about this index, contact Jeanne Besner or visit the Asset Level Index page.
INREV Asset Level Quarterly Index
Published on 02 Jun 2026
The INREV Asset Level Index is a quarterly pan-European index measuring real estate market performance on an asset level across Europe.