Best-in-class investors, investment managers and service providers need transparency and best practices to be successful professionals and excel in the non-listed real estate industry. The nine modules of the INREV Guidelines are the key to this success. Through this new online course "Nine pillars of real estate best practice: building advantage through the INREV Guidelines" you will gain a deeper appreciation of all aspects of structuring and managing vehicles – from governance through reporting and exit.
Under the guidance of course leader Michael Hornsby, you will learn through videos by industry experts, interactive exercises and homework assignments. During the course you’ll also join three virtual live sessions with an opportunity to hear from, and question, our guest industry experts. You’ll also meet and work with your fellow learners for case studies and discussions. All is spread out into manageable chunks of approximately 3-5 hours of content per week.
This course is ideal for those who have a couple of years of working experience in the non-listed real estate industry from investors, investment managers, asset managers and advisors. By joining the course, participants will learn about how the INREV Guidelines can support you in your day-to-day role including:
- How to organise and structure a vehicle according to the latest best practice;
- How to calculate performance of a vehicle in a consistent way;
- What it means to have a transparent and fair valuation process;
- And how to conduct and/or assess an annual report.
The INREV Guidelines course is a mix of on-demand and live elements meaning you can take the course at your own pace, to fit in with your schedule as well as live sessions enabling real time interaction and the opportunity to network with industry expert presenters and course peers to maximise the course experience.
Each week will cover one or more modules of the INREV Guidelines and related practical insights:
- Module 1: Introduction to the INREV Guidelines
- Module 2: Property Valuation
- Module 3: Liquidity
- Module 4: INREV NAV
- Module 5: Performance Measurement
- Module 6: Fees and Expense Metrics
- Module 7: Reporting
- Module 8: Code of Tax Conduct
- Module 9: Governance
INREV Guidelines Reviews
In 2021, we embarked on a review of the INREV Guidelines to see if additional guidance or changes were needed for the future of our industry. The first updates were rolled out in January 2022 and have been worked into the course. We are in the process of updating the second phase of changes, which will be rolled out in January 2023. This includes an update to the property valuation and reporting module and the addition of a sustainability module.
This does not impact the learning objectives of the nine pillars course, the content still remains very relevant. All course participants will be informed about the potential changes as part of the course. However, it is recommended that participants take time to become familiar with the updates when they become available in January 2023.