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Consistency in reporting and transparency of performance metrics have become increasingly important for both institutional investors and fund managers as the industry strives for greater comparability.

To help the industry create a greater global alignment for fund managers, INREV has developed the new Performance Measurement module.

In this webinar Katie Smith, Head of Analytics at CBRE Global Investment Partners and Stafford Biddulph, Associate Partner at Rockspring presents the new INREV Guidelines module, its benefits and the practical implications.

The webinar will cover:

• An overview of the Performance Measurement module.
• Guidance on implementation.
• Comparison with GIPS.
• Practical examples.
• Potential impacts on the industry.

This research explores whether there is evidence of persistent performance among core open end European non-listed real estate funds.

In line with INREV Guidelines, this one hour webinar introduces the key building blocks to support best practice in the area of adjusted NAV calculation.

It includes a high level examination of using INREV Net Asset Value (NAV), including short explanation of the calculation examples.

The webinar includes the following topics:

• INREV NAV principles.
• Calculation example.
• How to report on INREV NAV and the level of disclosure according to INREV Guidelines.
• Q&A.

The webinar is led by Jef Holland partner at Deloitte.

Investors will commit a minimum of €48 billion to real estate in 2016 globally – an increase of almost 13% compared with last year’s €42.5 billion – according to the Investment Intentions Survey 2016, published today by INREV, ANREV and PREA.

Trends in Investor Reporting aims to provide insight into current market practices in investor reporting across non-listed real estate vehicles investing in Europe, and specifically the extent to which reporting complies with the requirements and recommendations of the INREV Guidelines.

In previous years, this report has been titled 'Review or Reporting Best Practice'.

What can be measured, can be improved.

An assessment of the transposition of the Energy Efficiency Directive into Member State legislation.

According to the EU Energy Efficiency Directive of 2012, companies are required to regularly undergo mandatory energy audits or implement energy management systems by the December 2015 deadline. At the same time, EU Member States must develop programmes to promote voluntary energy checks to SMEs, including through financial incentives.

Delayed transposition in eight Member States and missing secondary legislation in additional countries has created considerable legal uncertainty for businesses. Large companies are generally aware of the December 2015 deadline for conducting mandatory audits, though the conditions under which these audits have to be performed are, in many Member States, still unclear. Additionally about half of EU Member States are behind schedule in the provision of support programmes for SMEs to undergo energy audits and to implement identified energy saving measures. 

Prepared by EUROCHAMBRES – The Association of European Chambers of Commerce and Industry

The Young Professionals Seminar Rotterdam 2015 was held on 11 and 12 June. While investors and fund managers are implementing their real estate strategies against a generally positive economic backdrop, the current geopolitical and macro economic conditions make for interesting times. This year’s seminar looked at how the real estate industry may evolve in the future and how young professionals can get involved. View highlights from the Young Professionals Seminar 2015

INREV asked members how satisfied they are with their membership. The survey covers general satisfaction and all areas of INREV activities: Professional Standards, Research  and Industry Data, Public Affairs, Training and Education and Communications and Events.