Griffin Institutional Access Real Estate Fund (NASDAQ: GIREX, GCREX, GRIFX), a closed-end interval fund sponsored by Griffin Capital Corp., has exceeded $500 million in assets under management.
“We have been extremely pleased with the support that we have received from our investors as well as our distribution partners and will continue to strive to deliver strong risk-adjusted returns,” commented Randy I. Anderson, Ph.D., CRE, portfolio manager, Griffin Institutional Access Real Estate Fund.
Griffin Institutional Access Real Estate Fund is an actively-managed portfolio of private real estate funds and public real estate securities, diversified by property type and geography, offering daily pricing and periodic liquidity at net asset value.
GIREX began reporting on NASDAQ on June 30, 2014 with an initial share price of $25.00 and reported a share price of $26.25 for Class A, $26.16 for Class C, and $26.29 for Class I as of February 16, 2016.
Griffin Capital and its affiliates own, manage, sponsor and/or co-sponsor a portfolio consisting of approximately 36.6 million square feet of space, located in 29 states, and 0.1 million square feet in the United Kingdom, representing approximately $6.3 billion in asset value, based on purchase price.