This tutorial will inform you about the Corporate Governance Module which includes the Corporate Governance Guidelines as well as the Self Assessment tool. INREV’s objective is to establish common standards of corporate governance for non-listed real estate vehicles with institutional investors. As the corporate governance module belongs to the guideline’s best practice modules compliance is not a simple black-and-white question but an evaluation process based on the 7 INREV principles of corporate governance.
The fee and expense metrics tutorial provides an explanation of the module including the calculation and disclosure of selected fee and expanse metrics for both Total Expense Ratios (TER) and the Real Estate Expense Ratio (REER).
The liquidity self tutorial provides an overview of the liquidity and secondary market trading aspects of the INREV Guidelines 2014.
It examines the different aspects of the liquidity guidelines as well as the objectives and the adoption framework.
Jef Holland presents the INREV NAV module of the INREV Guidelines, including background information, adjustments, computation, disclosure requirements and Q&A.
John Ravoisin presents the valuation module of the INREV Guidelines, including guidance on the independence, qualification of the extranl valuer, valuation fees, the valuation process, external and internal valuations.
Michael Hornsby presents the reporting module of the INREV Guidelines.
This module includes background on the reporting guidelines, a description of whom the reporting guidelines apply to, describes what is included in the reporting guidelines, and explains where to find more info.