PREDEX is an interval fund designed to offer access to private core real estate through investment in flagship U.S. core property funds managed by leading institutional real estate sponsors. Most of the targeted institutional private funds are included in the NCREIF Fund Index – Open End Diversified Core Equity (“NFI-ODCE”)1 . The underlying institutional funds own high-quality office, industrial, retail and apartment properties primarily located across the top 25 U.S. metropolitan areas. Income from these properties (after expenses) is passed through the funds to PREDEX, which provides quarterly distributions to its shareholders.
How PREDEX Works