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Global Standards

As part of INREV’s efforts to align the non-listed real estate industry globally, INREV, ANREV, NCREIF and PREA are working together to create global standards.

Together we have launched the Global Definitions Database and the Fee and Expense Metrics Phase I, including terminology and definitions for Total Expense Ratio (TER) and Real Estate Expense Ratio (REER).

The current focus is on continuing to nail down global definitions, creating a global Net Asset Value metric, and further developing reporting standards.

Global Standards Steering Committee

The Global Steering Committee brings together members of the European, Asian and North American non-listed real estate community to develop common standards that can be used across the globe, whether you’re an investor or a fund manager.

The steering committee is made up of members from INREV, ANREV, NCREIF and PREA, who have joined forces to identify gaps and best practice, create global definitions, and work together towards Global Standards for the industry.

Related Downloads

Total Global Expense Ratio (TGER) 2019  

Last updated on 16 Nov 2020

The Total Global Expense Ratio (TGER)  facilitates comparison of fees and costs between real estate investment vehicles that operate across different regions of the globe.

Total Global Expense Ration 2019
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