Global Definitions

Earlier this year, INREV members participated in the first Global Real Estate DEI Survey – a collaboration with Ferguson Partners and six other industry associations (ANREV, NAREIM, NCREIF, PREA, REALPAC and ULI) to track global real estate diversity, equity and inclusion (DEI) data around corporate practices. 

Answering your most asked questions

21 March 2018, Amsterdam – INREV, ANREV, NCREIF and PREA are pleased to jointly release for industry consultation the first globally comparable measure of fees and costs named Total Global Expense Ratio (TGER). 

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.

INREV, ANREV, NCREIF and PREA are pleased to jointly unveil the Global Definitions Database (GDD). The GDD represents one unique depository of definitions comprising of real estate market related terms. A common glossary of terms is a critical step towards convergence of reporting standards for institutional real estate investment vehicles and creates a one-stop resource that has not existed until now.