INREV strives to achieve its goals with the support of the committees and focus groups. Projects for the year are driven by a set of priorities and value drivers. An overview of our key achievements under the value drivers are set out below.
Strategic value drivers
Key achievements
Provide the highest quality European and global insights and indices
Eleven quarterly indices published
European ODCE index reaches €41.5 billion in GAV
Asset Level Index grew to 6499 assets valued at €205 billion
Debt Vehicles Universe Study published
Market Insights report and sentiment survey published over four quarters
Two fundamental-for-the-industry research papers published: ‘Characteristics of non-listed real estate in the investment portfolio’ and a second paper on the productisation of Real Estate, ‘Real Estate as a Commodity, Product and Service’
Joined a study on ESG trends in real estate with IEIF and Green Soluce
Study conducted on the impact of potential tax changes and paper published, ‘Charting the course of tax changes in Europe’
First Global DEI survey published with Ferguson Partners and 6 other leading industry associations
Global Fund Management Survey published with Ferguson Partners and NAREIM
Return of monthly Research and Market Information briefings on the first Thursday of every month
189 pieces of press coverage spanning Research, ESG and Technology.
Increase awareness and adoption of INREV Standards globally
First INREV Standards Month held in October
Guidelines Review project initiated
Phase one of two completed of Guidelines Review – Performance Measurement and Corporate Governance Modules
Fund of Funds DDQ and Social Aspects appendix launched
Q&A published on treatment of assumptions for INREV NAV and TGER calculations
Global AUM paper and basis for calculation tool published in IQ magazine, trade press and NCREIF/PREA podcast
DDQ and GDD promoted to North American members at ‘Europe in Focus’ briefing
31 new definitions added to Global Definitions Database
Response submitted to RICS review of Real Estate Investment Valuations
Represent the industry in European policy making
Engaged with OECD in developing BEPS Pillar II recommendations
Fifteen responses submitted to various industry consultations including EU Merger Control, AIFMD, UK Funds Review and ELTIF consultation
SFDR briefing paper published in collaboration with Standards
Round Tables held focused on Brexit related challenges for compliance officer and for legal and tax counsel
Country-by Country Tax and Regulatory Guide updated
Four IQ articles updating the industry on insights from Brussels
Hosted six virtual European Real Estate Forum (EREF) meetings
Inspire, educate and inform
55 events organised
Autumn Conference in Copenhagen
‘Europe in Focus’ briefings launched for North American members to update on European market
ESG main theme across 2021 event programmes
ESG Trends event co-organised with IEIF, Green Soluce and EPRA
17 Training courses delivered
First course on Impact investing launched
ESG and Foundation course offered twice to meet increasing demand
16 Graduates of the INREV/Henley Certificate
University outreach programme delivered at 9 institutions
39 IQ articles published over 4 editions
Young Professionals summer newsletter launched
Ensure an innovative, accessible and secure online platform
All data collected via the new INREV/ ANREV Data Platform
All Vehicle and Asset Level data migrated to Data Warehouse
At survey level, Capital Raising and Fund Manager Data migrated to Data Warehouse
Progression of ISO27001 international standard implementation and certification
Website review initiated
Grow and strengthen the non-listed real estate community
INREV membership net growth of 12 to a total of 478 by year end
24% investor representation (1% increase on 2020)
4480 registrations for INREV events
606 attendees joined an INREV Course
New functionality to Member Directory as well as ability for members to add a corporate description