Reporting Standards 2020 is now available and includes a comparable measure of global fee and expense load as well as enhancements to the reporting of time-weighted returns, IRRs and valuations for closed-end funds.

The Reporting Standards Board and the Reporting Standards Council work to provide greater transparency in reporting for investors and managers across all private real estate funds and separately managed accounts.

The highlights for the 2020 edition include:

  • Introduction of the Total Global Expense Ratio which compares fee and expense load, evidencing greater global harmonization in reporting across U.S., Europe, and Asia, thanks to our close working relationship with INREV and ANREV
  • Updates to closed-end fund metrics and disclosures which:
  • Balance the reporting objectives for investors and investment managements through changes to IRR and time-weighted return reporting
  • Correlate valuation policies and procedures to align with fund structure
  • Synchronize with the newly redesigned NCREIF Fund Index – Closed-end Value-Add (NFI-CEVA)

For more information on the Reporting Standards and accessing the latest reporting updates, please visit www.reportingstandards.info or email administrator@reportingstandards.info.

The Reporting Standards contain required and recommended elements of reporting (Volume I) as well as best practices, methodologies, checklists and other guidance (Volume II).