The INREV DDQ provides a standardised and well adopted framework, helping investors achieve a high level of scrutiny when entering an investment vehicle.
INREV Guidelines Modules
Good corporate governance is key to the success and profitability of your business. Corporate governance means the structure, processes, policies and laws that determine how an investment vehicle is managed and controlled.
Clear reporting is essential for maintaining good communications between investors and managers. The Reporting module sets the standard for the transparent investment vehicle and forms the backbone of the INREV Guidelines.
The Property Valuation module promotes best practices for valuation and aims to foster a common approach to the appraisal process. Estimates of market or fair value that follow these guidelines are based on building blocks that allow for clear and full disclosure.
Consistency in performance measurement is essential to achieving greater comparison. The module provides a standardised calculation methodology and allows investors to benchmark investment vehicles.
The INREV NAV improves transparency and comparability of performance across different types of investment vehicles by providing a standard for calculating NAV.
The Fee & Expense Metrics help investors and managers to compare fees and cost structures and explain the calculation of TER and REER.
The Liquidity module promotes best practices and governance in the area of liquidity rights, to make subscription, redemption and pricing mechanisms more transparent.
The GDD provides a common glossary of non-listed real estate terms. Many terms have been agreed to globally, while others are specific to Asian, European and North American standards, guidelines and data products.
Last week we wrapped up a successful series of roundtables on due diligence in real estate. The events, hosted in Amsterdam and London, provided insights into the new structure and content of the proposed INREV Due Diligence Questionnaire (DDQ). The discussions showed positive support for the updates of the questionnaire, including unanimous buy-in from industry participants for the phased restructuring of the DDQ as well as its global expansion. The consultation period is still open and we welcome feedback until...