The NCREIF Fund Index – Open-end Diversified Core Equity (NFI-ODCE) saw a total return of 1.16% in the fourth quarter of 2024, an improvement from the previous quarter’s 0.25% and a significant increase from -4.83% one year ago, according to the National Council of Real Estate Investment Fiduciaries (NCREIF). The NPI also ended on a positive note for 2024.
In terms of income return, the NFI-ODCE saw a slight decrease to 1.02%, compared to Q3’s rate of 1.04%. However, its appreciation return was at an impressive rate of 0.14%, surpassing Q3’s -0.79% and last year’s -5
