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INREV Guidelines consultation closed: next steps

The INREV Guidelines consultation has now closed. Thank you to everyone who took part and shared their views on the proposed updates to the INREV NAV, Operational Real Estate (OpRE) Guidelines and Due Diligence Questionnaire (DDQ).

Throughout the consultation, members had the opportunity to share their feedback through the online consultation, one on one conversations, and roundtables held in Amsterdam, Luxembourg and London.

The review covers three key areas: modernising the INREV NAV module, introducing a dedicated OpRE module to address the specific governance, risk and operational considerations of operational real estate, and streamlining the INREV DDQ to make it clearer, more efficient and relevant to current investor due diligence.

Thank you to all members and industry stakeholders who contributed their time, experience and feedback. The input received is being reviewed with the relevant INREV committees and expert groups and will be reflected, where appropriate, in the final versions.

Following final review and approval, the updated DDQ is planned for publication in January 2027, while the updated INREV NAV and OpRE Guidelines are expected to be published in April 2027.