INREV works towards its goals through several committees and focus groups, each with a clearly defined purpose. INREV’s work for the year is driven by a set of priorities/value drivers. An update on the key achievements under the 2019 priorities are set out below.
Priorities 2019
Key achievements
Expand and improve European and global insights and indices
Published 34 index publications
INREV ODCE Index launched as consultation in
INREV Asset Level Index launched as consultation during the Annual Conference
8 research papers published: 6 evergreens and 2 ad-hoc
Three global studies: Investment Intentions, Capital Raising and Fund Manager reached record participation numbers
Investor Universe series published – 7 country studies and 1 comparison report
Coming of Age paper marks how far the industry has come and will continue to evolve
11 Research and Analytics Monthly Briefings delivered
Snapshots and excel supplements launched to complement all index publications
Robust national and international press coverage
Increase awareness and adoption of INREV standards globally
NAV – first regional gap analysis published
Global Definition Database enriched with 100 new definitions
TGER, first globally comparable measure of fees and costs final, ready for Guideline inclusion in Q1 2020
Global ESG library expanded
Compliance with reporting guidelines reached record levels
Open end fund pricing discussion with AREF
Various articles published in IQ and trade media
Represent the industry at European policy level
Engaged with many MEPs and organisations including the Chairman of EIOPA in discussion about Solvency II Capital requirements
Focus on implications of Brexit for members through events, briefings and snapshots
Held successful event for MEPS on role of real estate investing in Brussels as well as a Sustainability event with GRESB and RICS
Provided input for review of AIFMD by the European Commission which was well reflected in their report
4 consultations/industry responses including ESMA consultation on integrating sustainability risks
11 Tax and Regulatory Briefing calls on a wider range of issues
Continued to play a leading role in the European Real Estate Forum
10 press interviews and articles including an interview with Bloomberg
Inspire, educate and inform
33 events delivered
3 highly successful flagship conferences delivered: Annual, Autumn and Young Professionals
Link and Learn series of events for Young Professionals held
17 training courses held
INREV educational activities were attended by 796 delegates in 2019
Invitation only Executive course on enabling innovation and digital transformation tested the waters for a new course in 2020
Henley Certificate – 9 new students achieved the certification with 22 new enrolments
First eLearning module launched on NAV, with Due Diligence to follow
Scope and frequency of online monthly briefings expanded, covering research, analytics and professional standard topics
Robust press coverage – 128 articles in national and international press
Shone a light on ESG related activities through dedicated ESG month in September including a Climate Risk Round table
IQ Magazine went online with 28% more readers in 2019
Ensure a comprehensive, accessible and secure online information platform
Continuation of the IT Roadmap
Ensure INREV adheres to the highest standards in Data Collection standards
Reduction in Reporting Burden for members
Solid Governance and robust security of data
Increased accessibility to all historically collected information
Data platform launched
Grow and strengthen the non-listed real estate community
42 new members joined in 2019
Increased focus on member relationships
Management Board and Advisory Council members rotated
Corporate Governance committee and Sustainability committee merged into ESG Committee
DDQ eLearning module
INREV events were attended by 2,635 delegates in 2019, up 11% from 2018
Twitter followers grew by 18% in 2019
LinkedIn community grew by 38% in 2019
Focus on Young Professionals increased
Presentations on European non-listed real estate given to 10 leading universities