Library

The European non-listed property funds industry is laying the groundwork for an improved focus on sustainability. This report takes GRESB's data on non-listed real estate funds and analyses their sustainability performance, with a particular focus on European funds, to provide more tailored information and guidance to our members on this topic.

As part of its commitment to supporting its members to improve their sustainability efforts, INREV is a partner in the Global Real Estate Sustainability Benchmark (GRESB), a global consortium of institutional investors and real estate industry associations committed to assessing the sustainability performance of real estate portfolios. One of GRESB’s main initiatives is its annual survey, which provides focus and direction for the real estate sector by benchmarking sustainability performance. The results provide an overview of sustainability activities and trends in global real estate for both the public and private sector.

This report aims to provide insight into current market practices in investor reporting across non-listed real estate vehicles investing in Europe, and specifically the extent to which reporting complies with the requirements and recommendations of the INREV Guidelines.

In later years, this report has been titled 'Review or Reporting Best Practice'.

Since 2009 the European real estate market has witnessed the launch of a number of non-listed real estate debt funds from large and small fund managers with more expected to follow. INREV conducted this study in 2012 to provide its members with an insight into the debt funds segment. The snapshot is publicly available while the full report is for members only, please login if you cannot view all of the downloads below.

This paper re-evaluates the case for investing in non-listed real estate funds in the aftermath of the financial crisis and synchronised downturn in real estate markets. The research addresses the performance of the sector relative to other real estate investing options and re-visits the key components underlying the rationale for investing in the sector. This document is for members only, please login if you cannot view all of the downloads below.

This paper focuses on identifying expected changes to the volume and source of real estate debt and equity capital over the short term. Using survey analysis, the research explores the implications of such changes in the supply of capital for the non-listed real estate funds industry over the near term. This document is for members only, please login if you cannot view all of the downloads below.

This report considers the legacy of the financial crisis on the structure of the non-listed real estate industry. Adopting a medium-term horizon to 2015, existing and expected trends for four principal drivers of non-listed real estate are assessed, namely: economic prospects, regulatory change, equity capital and debt capital. This document is for members only, please login if you cannot view all of the downloads.

INREV's prospects for German open end funds report was written in 2012 and looks in the histroical development of German Open End Funds as well as at the impact of the new legistlation (AnsFug) on future allocation to these funds. The snapshot summarises the findings of the report, while the full report is for members only, please login if you cannot view all of the downloads below.

INREV's guide to non-listed report was prepared in 2012 and explores what the industry currently understands are the definitions and characteristics of each of the non-listed real estate products available in the market. The snapshot summarises the findings of the report, while the full report is for members only, please login if you cannot view all of the downloads below.

INREV's liquidity provisions study was conducted in 2009 and analyses the liquidity provisions of non-listed real estate funds including investors’ possibilities to redeem and/or trade shares in those funds, any limitations on these provisions as well as levels of redemptions/trading seen recently. This document is for members only, please login if you cannot view all of the downloads below.