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 in this section.
Strategic value drivers
Key achievements
Provide the highest quality European and global insights and indices
Eleven quarterly indices published
European ODCE and Asset Level move out of consultation
European ODCE index moves to NAV reporting and reaches €44.7 billion in GAV
ESG Asset Level Index pilot launched with 5 environmental KPIs and results presented at Annual Conference and ESG Seminar
Enhanced INREV Debt Vehicles Universe Study
Market Insights report and sentiment survey published over four quarters
Framework designed and completed for launch of Consensus Indicator in 2023
Global Fund Manager Survey (ANREV/INREV/ NCREIF) launched with participation from 143 contributors, covering an AUM of €4.1 trillion
Investment Intentions report read by 34% more members in 2022
Two technology short papers published: Data driven investment: An introduction, and Smart contract adoption in the real estate industry
Second edition of Global DEI survey published with Ferguson Partners and 6 other associations
DEI in Europe paper published with ULI
Second Global Fund Management Benchmark published with Ferguson Partners and NAREIM
Delivered 8 monthly Research and Market Information briefings on the first Thursday of every month to further promote indices and research
Global Performance and Global Research Committee established
184 pieces of press coverage spanning Covid, Brexit, Russia / Ukraine conflict, ESG, rise of non- listed real estate debt
Increase awareness and adoption of INREV Standards globally
INREV Guidelines Review Completed
Self Assessment updated to reflect new Governance and Performance Measurement modules (including calculation example)
INREV DDQ updated with dedicated ESG section
INREV NAV Q&A on forward funding released
INREV NDA update published
INREV Guidelines eLearning Course, ‘Nine Pillars of best practice’ launched to the industry and second edition scheduled
10 definitions added to the Global Definitions Database
Wide variety of bylines, 3 IQ articles and video published to reinforce the Guidelines story
Represent the industry in European policy making
Update to Real Estate in the Real Economy published
Updated Tax and Regulatory Country by Country Guide published
EU Cross-border Marketing: Mind the gaps paper published
Joint event organised with EPRA on Real Estate: Help to meet Europe’s pension needs as part of European Reitrement Week
Participation in Urban Intergroup event on Europe’s green transition and investment industry intergroup conference on investments in clean energy infrastructures
Thirteen responses filed to regulatory consultations
Ten monthly tax and regulatory briefings
Nine snapshots / papers were developed
Active dialogue with EU officials to continue highlighting importance of real estate in the transition to net zero
ESG regulations focus group initiated with experts from both ESG and PA committee
Inspire, educate and inform
49 events organised
Blended offering of online versus on location events and training as return to normal
Online events promoted among non-European members to encourage participation
ESG focus on day two of Annual Conference and DEI focus at the Young Professionals Conference
ESG Seminar held in Amsterdam in June and an online DEI Seminar hosted in July
INREV/Henley Certificate format redesigned to refresh offering and better meet needs of course participants resulted in uptick in participation
INREV Mentorship programme launched successfully at YP Conference
44 IQ Articles published and promoted online
Launched Guidelines eLearning course
CPD Certification in place for many training courses
Ensure an innovative, accessible and secure online platform
INREV Fund, German index analysis tools migrated and enhanced
Investment Intentions data migrated to Data Warehouse
The Vehicles Universe and ODCE Index launched into the Data Platform
Management Fees and Terms data structure was revised and added to the Data Platform
Website navigation restructured
Grow and strengthen the non-listed real estate community
INREV membership net growth of 24 to a total of 502 by year end
24% investor representation
Online Investor invitation only sessions held in Italy and Finland
650 training course participants
4367 members registered for events
INREV Henley Day organised bringing together alumni, academics and current students to network and hear a presentation on current issues affecting the industry