This year marks a major milestone for INREV’s Global Initiatives – celebrating ten years of collaboration between INREV, ANREV, NCREIF and PREA. What began as a shared vision for harmonised reporting standards has grown into a global framework that enhances transparency and comparability across regions.
In our latest IQ blog, we speak with Constantin Sorlescu, INREV Director of Professional Standards, and industry leaders including Dan Dierking (NCREIF), Zoe Hughes (PREA) and Charles Haase (ANREV), who reflect on the journey from fragmented regional standards to the creation of key tools like the Total Global Expense Ratio (TGER).
Their insights highlight how these joint efforts have strengthened investor confidence, improved operational efficiency, and laid the groundwork for the next phase of standardisation — from asset-level data to operational real estate.
As the initiative enters its second decade, one thing is clear: global collaboration remains the key to shaping a more transparent and connected non-listed real estate industry.