At the beginning of 2020, we launched the Total Global Expense Ratio (TGER) to globally harmonise the approach for measuring the total fees and costs of real estate investment vehicles.
Today, we are delighted to announce that the Fee and Expense metrics module of the INREV Guidelines has been updated with the TGER. A transition period will enable members to gradually adopt the global ratio while phasing out the current TER. In January 2021, the TGER will become a required element of the INREV Guidelines and the transition period will end.
If you’re interested to learn more about this transition, dial in on 9 April to the briefing call especially focused on this topic.
The Total Global Expense Ratio (TGER) facilitates comparison of fees and costs between real estate investment vehicles that operate across different regions of the globe.