Since the start of 2021, the Total Global Expense Ratio (TGER) has been a required metric for all those using the INREV Guidelines.
This ratio which was developed by INREV, ANREV, NCREIF and PREA to globally harmonise the approach for measuring the total fees and costs of real estate investment vehicles is being used more and more.
The UK Association of Real Estate Funds (AREF) has brought its guidance on Expense Ratios in line with the TGER.
Constantin Sorlescu, INREV’s Director of Professional Standards will be participating in AREF's webinar on Wednesday 8 June to discuss the TGER and the benefits this brings to the real estate industry.