Earlier this year, INREV members participated in the first Global Real Estate DEI Survey – a collaboration with Ferguson Partners and six other industry associations (ANREV, NAREIM, NCREIF, PREA, REALPAC and ULI) to track global real estate diversity, equity and inclusion (DEI) data around corporate practices.
According to the results, there is a clear mandate and momentum for DEI to be a priority, with 92% of firms adopting a DEI program or initiative to improve DEI in the workplace. In Europe, we have some catching up to do to be on par with our regional peers, specifically in terms of gender balance.
Key highlights of the report include:
- In Europe, men represent 62% of all full time employees 9FTEs) compared to 41% of women. In the Asia Pacific region, men represent 53% of all full-time employees (FTEs) compared to 47% women. In North America, men represent 59% compared to 41% for women.
- 25% of firms globally employed professionals solely dedicated to DEI. In Europe, that figure is 43% in Asia-Pacific it’s 33% and in North America it’s 21%.
- DEI committees are predominantly used by firms in North America (67%) and by larger organisations globally.
- Of the firms with at least one dedicated DEI employee, the DEI employee is usually at the senior level. DEI committees also typically report to the C-suite executive or directly to the CEO or other senior leadership.
This initiative marks an important move in facilitating a shift toward becoming a more diverse, equitable and inclusive industry that is fit for the future. A huge thank you is extended to those who have contributed to this year’s Survey, you will exclusively receive the full report directly from Ferguson Partners.
Please download the executive summary below.
INREV in collaboration with Ferguson partners and six other industry associations, ANREV, NAREIM, NCREIF, PREA, REALPAC and ULI joined forces in 2021 to track global real estate diversity, equity and inclusion (DEI) data around corporate practices.