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Management Fees and Terms Study

Research highlights regional differences in total expense ratios

3 December 2019, Amsterdam – New research reveals a divergence of non-listed real estate total expense ratios (TER) between Asia Pacific and Europe. According to the INREV / ANREV Management Fees and Terms Comparison Study 2019, the average TER for non-listed real estate funds in Asia Pacific is 1.04% on a gross asset value basis (GAV) before performance fees, compared to 0.86% in Europe. The disparity also exists when TER is calculated on a net asset value (NAV) basis.

Final call – TGER and management fees and terms

Tick tock, there’s just over a week left to have your say on the first total global expense ratio (TGER) and to provide your data for the management fees and terms study. 

The new proposed global standard measures the fees and costs related to participation in a real estate investment vehicle and enables comparison across products, regardless of the vehicle domicile, structure and management activities.

Please provide your feedback to Constantin Sorelscu by 21 June. 

Provide data now for Management Fees and Terms Study and Q1 2018

INREV Market Information

INREV is requesting managers to please submit data via the Vehicle Data Input Tool for two upcoming publications.
Management Fees and Terms Study 2018
This study provides an overview of the fees, costs and total expense ratios (TERs) of European non-listed real estate funds, and includes a European and a global comparison study.

Deadline: Friday 22 June
Enquiries: mats.raitanen@inrev.org

Provide data for Management Fees and Terms Study

Provide data

INREV has started data collection for the Management Fees and Terms Study. This study is conducted every 2 years and is ranked by INREV members as the second most used research report. 

The  questionnaire is integrated into the online INREV Vehicle Data Input Tool. For funds that have participated in previous years, a significant part of the data is prefilled.

Data can also be provided using an excel-based questionnaire.