INREV works towards its goals through several committees and focus groups, each with a clearly defined purpose. INREV’s work for the year is driven by a set of priorities/value drivers. An update on the key achievements under the 2018 priorities are set out below.
Priorities 2018
Key achievements
Expand and improve European and global indices
Published 24 index publications
Launched an IRR index
Increased the INREV Quarterly Index coverage back to Q2 2000
At the end of 2018 the Asset Level Index surpassed €100 billion target with support of 32 founding members
Launched intuitive asset level tool for seamless data collection and analysis
Snapshots and excel supplements launched to complement all index publications
Further develop standards and increase adoption globally
Introduced TGER, the first globally comparable measure of fees and costs
Launched a revamped DDQ with German and Japanese version
Global ESG library made available
Advanced global standards
Tailored guidelines for multiple vehicle types accessed by the introduction of online filters
Advance research programme
Record numbers achieved for all evergreens, with Management Fees and Terms most outstanding improvement
Started revision of Investor Universe studies
9 research papers published: 6 evergreens and 3 ad-hoc
Presentations on European non-listed real estate given to 8 leading universities
Robust national and international press coverage
Influence the discussion with European policy makers
Published a revised version of ‘Real Estate in the Real Economy’
Engaged with many MEPs and organisations including the Chairman of EIOPA in discussion about Solvency II Capital requirements
3 consultations/industry responses including statement on guiding principles for future EU-UK relations
A strong Brexit theme in discussions with members at events, trainings, courses and briefings
11 Tax and Regulatory Briefing calls on a wider range of issues
Continued to play a leading role in the European Real Estate Forum
9 press interviews and articles including an interview with Bloomberg
Inspire, educate and inform
24 events organised, 10 young professional events and several Brussels events
INREV events were attended by 2374 delegates in 2018
Another highly successful Autumn Conference
15 training courses held
INREV educational activities were attended by 989 delegates in 2018
Increased social community – 28% more followers in 2018 on Twitter
Robust press coverage – 147 articles in national and international press
Social media presence increased with 28% more followers and interaction on Twitter
Focus on organisational and operational efficiencies to ensure sustainable growth of INREV
2018 – the year of the Vision Project. We paused to listen, learn and formulate a robust plan of action
Increased focus on member relationships – over 170 one-to-one meetings held
Refresh to committee structure and members rotated
Management Board and Advisory Council members rotated
Ensure a comprehensive, accessible and secure online information platform
Further development of IT infrastructure
IT Roadmap – Phase one initiated with development of dashboard
Improved website security with addition of single sign-on functionality
Continuity of ‘INREV in Control’
Update to policies and procedures to be fully GDPR compliant