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Global Standards

As part of INREV’s efforts to align the non-listed real estate industry globally, INREV, ANREV, NCREIF and PREA are working together to create global standards.

Together we have launched the Global Definitions Database and the Fee and Expense Metrics Phase I, including terminology and definitions for Total Expense Ratio (TER) and Real Estate Expense Ratio (REER).

The current focus is on continuing to nail down global definitions, creating a global Net Asset Value metric, and further developing reporting standards.

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Total Global Expense Ratio (TGER) 2019  

Last updated on 16 Nov 2020

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.