To improve the consistency and presentation of information and encourage greater transparency in reporting to investors and the market in general.
- Ensure the continuous development of the INREV Guidelines for Reporting, Property Valuation, INREV NAV, and Fee & Expense Metrics by discussing current industry topics and providing guidance via tools, best practice examples, templates and QAs.
- Improve understanding, acceptance and adoption rate of the INREV Guidelines.
- Promote INREV Reporting by contributing to and facilitating specific training courses and events.
|Renaud Breyer (Chair)||EY||Luxembourg|
|Bobbi Jean Breboneria||KPMG||Luxembourg|
|Hugo Monster||CBRE Global Investment Administration B.V.||The Netherlands|
|Lucy Fletcher||Quadreal Property Group||Canada|
|Mark Reid||LaSalle Investment Management||United Kingdom|
|Martijn Heerschop||Deloitte||The Netherlands|
|Matthias Pilz||Allianz Real Estate GmbH||Germany|
|Pascal Brayeur||BNP Paribas REIM||Luxembourg|
|Pierre Semont||AXA IM - Real Assets||France|
|Sébastien Degrandi||Prologis Management Services S.a.r.l.||Luxembourg|
The reporting requirements represent a comprehensive and complete reporting framework to be easily set up for any type of investment vehicle, creating the transparency that today's investors insist on.
The Property Valuation Guidelines increase comparability of valuation across countries by determining an estimate of market value and fair value.
The INREV NAV improves transparency and comparability of performance across different types of investment vehicles by providing a standard for calculating NAV.
The Fee & Expense Metrics help investors and managers to compare fees and cost structures and explain the calculation of TER and REER.