To support the development of the next generation of non-listed real estate professionals and to set educational standards for the industry, INREV and Henley Business School have come together to offer the INREV / Henley Certificate in European Non-Listed Real Estate Investment.

Should they wish to take their studies further, Certificate holders will be able to obtain an exemption towards the Henley Business School MSc in Real Estate Investment and Finance.

About the Certificate

The Certificate will be issued by Henley Business School (University of Reading) to students who attend five of the relevant existing INREV courses and successfully pass an assessment in the form of a written report.

To obtain the Certificate, participants will need to enrol in one of the two curricula (learning paths) on offer: either Portfolio Management or Corporate Finance. Each curriculum consists of three mandatory courses and a number of elective courses. Participants will need to attend a total of five courses: three mandatory, one related elective, and one from any of the other courses from the offering below.

The courses will take place across Europe. Their dates and locations can be found in the INREV training calendar.

A participant who decides to obtain certificates for both the Corporate Finance and Portfolio Management curricula will need to attend a total of 10 courses, as no course can contribute towards both curricula.

Annual curriculum review

The Certificate is supervised by a Review Board, comprising representatives from INREV and Henley Business School, as well as an independent chair, to ensure the education programme is regularly monitored and assessed.

Every year the Review Board will meet to discuss INREV’s course offerings and to consider any potential changes or updates to the Certificate.


After completing the five courses, each participant must take an assessment, in the form of a written report, within three months.

Henley Business School will assess the written report and provide feedback within a month of receiving it.

In order to obtain the Certificate, participants must obtain a pass mark in the assessment. If they fail the assessment in the first instance, it may be re-taken within two months.

Attendees will be expected to analyse a case study using real data, showing their ability to combine the application of notions and analytical/qualitative tools to solve a real problem.