PREA and IPD to start co-sponsorship a U.S. Property Fund Index

The Pension Real Estate Association (PREA) and Investment Property Databank (IPD) have agreed to co-sponsor a U.S. Property Fund Index that will measure real estate investment performance for open-end, commingled funds. The new index will encompass the entire risk spectrum of core, value-add and opportunistic strategies, as well as both…