Welcome - July 2019
At the INREV Annual Conference almost half of the delegates attended for the first time. This statistic reflects both INREV’s growing membership and the coming-of-age of a new generation of leaders in our industry.
This rise of new leaders and the rapid evolution of our members’ business models, strategies and data needs mean that INREV also needs to evolve to meet their changing demands. In this issue of the IQ, we highlight some of the areas where INREV is supporting the development of our industry.
One of the most important of these is market data. In April, we achieved two milestones with the launch the Asset Level Index, which provides access to deeper, richer more granular data, and the INREV ODCE index, which provides new insights into pan-European open- end core funds. These are the ninth and tenth INREV indices. Together, they significantly increase the data available to members and, as a result, market transparency.
We’re also making strides in executing the INREV IT roadmap, combining the adoption of modern technology and strengthening the security and connectivity between the collected data and our membership. With more than 16 years of data in some indices and increasingly global data comparability, we’re both widening and deepening the data pool.
Our Public Affairs team in Brussels are ready to tackle the challenge of educating the new generation of policy makers about the non-listed real estate industry.
While the tech and digital revolution continues unabated, INREV’s Technology and Innovation Committee is focusing on how best to support members in navigating, not only the challenges on the horizon, but the abundance of opportunities that the new era of technology and digitalisation brings with it as well. We’ll tell you more about this exciting development this autumn.
Social and political developments are also shaping our environment. The recent EU elections ushered in new political leadership that will set European policy in the years ahead. Our Public Affairs team in Brussels are ready to tackle the challenge of educating the new generation of policy makers about the non-listed real estate industry.
Many of the up-coming generation have grown up with INREV and have experienced the value of the Young Professionals programme, including social get-togethers, training and events. As they move up and take their place in the senior ranks of the industry, they should take advantage of membership to grow and develop in preparation to become the industry leaders of tomorrow.