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Global Standards

Regional real estate industry bodies sign Global Alliance MoU

New Memorandum of Understanding will enhance collaboration and harmonisation across the non-listed real estate industry globally. 

12 May 2020, Amsterdam – INREV, ANREV and NCREIF have signed a Global Alliance Memorandum of Understanding (MoU) to advance the global agenda of transparency, accessibility and professionalism and increase harmonisation across the non-listed real estate industry. The alliance brings together the major industry bodies of Europe, Asia Pacific and the US. 

A step closer to global alignment

Over 40 companies took the time to have their say and provide a detailed response to the Total Global Expense Ratio (TGER) industry consultation, which ran between March and June 2018. 

Thanks, your feedback is greatly appreciated and will allow us to conclude on the first globally comparable measurement of fees and costs.  

Your insights will ensure that we can successfully design a global standard that is simple, practical and facilitates comparison and consistent reporting of fees and costs. 

Join us in New York this fall

On September 26 and 27, INREV will bring hands-on expertise to New York with three events for our North American members. 

Join our global standards open committee meeting on the morning of 26 September to gain new insights into our global standards initiative, its progress and recent releases. INREV and its partner organisations ANREV, NCREIF and PREA are creating global standards to provide the industry with one unique set of standards that will help increase transparency and align the industry globally. 

Final call – TGER and management fees and terms

Tick tock, there’s just over a week left to have your say on the first total global expense ratio (TGER) and to provide your data for the management fees and terms study. 

TGER
The new proposed global standard measures the fees and costs related to participation in a real estate investment vehicle and enables comparison across products, regardless of the vehicle domicile, structure and management activities.

Please provide your feedback to Constantin Sorelscu by 21 June.