Current policy discussions
Real estate associations produced a focused response to the FCA's Discussion paper 23/1 on Finance for positive sustainable change: governance, initiatives and competence in regulated firms. Guidance model response INREV
ESG
The property sector has a critical role to play in tackling climate change and the UK will not become net zero by 2050 unless we accelerate the decarbonisation of our homes and buildings. This report sets out the challenges and barriers faced by the property sector in the transition to net zero carbon, and sets out a series of policy recommendations. Download report
ESG
A research paper exploring the implications of SFDR for the non-listed real estate investment industry sheds light on the challenges of complying with SFDR and how it may distort investment needed for real carbon reduction. Key insights of the paper include: SFDR's ambitions to direct capital towards more sustainable investment through increasing transparency are welcomed by real estate FMPs and FMAs and viewed as a push in the right direction to accelerate decarbonisation Many real estate [...]
Current policy discussions
The ESAs Call for evidence sought input on potential greenwashing practices in the EU financial sector, including banking, insurance and financial markets, and which may be relevant to various segments of the sustainable investment value chain and of the financial product lifecycle. Several industry associations took this opportunity to contribute to the survey. INREV
Current policy discussions
Industry associations filed a joint response to the UK FCA's consultation paper on SDR and investment labels. The response and accopanying proposed metrics for real estate support the FCA's aim to provide consistent, transparent and comparable reporting and disclosure for real estate portfolios. Guidance draft response INREV
Current policy discussions
Industry associations developed a proposed ESG metrics for real estate in response to the UK FCA’s consultation paper on Sustainability Disclosure Requirements (SDR) and investment labels. These metrics aim to facilitate consistency of disclosures for real estate investments across the EU and UK as well as internationally where applicable. Download paper
News
As part of European Retirement Week, INREV and EPRA held a virtual event on “Real Estate: Helping to meet Europe’s pension needs” on Thursday, 1 December 2022. The event featured academic and investor perspectives on how pension funds’ and insurers’ investments in real estate deliver long-term stable income streams that match their pension liabilities. Real estate’s benefits as long-term investments, the diversification value it adds for better risk-adjusted returns and its contribution to the built environment [...]
News
Commercial real estate plays a fundamentally important role in the real economy of Europe. It contributed EUR 427 billion to the EU economy in 2021, totalling 2.8% of the total European economy, and directly employs 4.2 million people. This updated (2022) report commissioned by INREV and EPRA explores real estate's role in the European economy. Download the report Download the infographic
News
On 29 October, 12 industry associations representing real estate, private equity and venture capital sent a joint letter to the European Commission regarding the recent shell entities consultation. We argue that recently adopted measures targeting tax avoidance should be allowed to work before new measures are introduced. Download the joint industry position
News
On 6 May, 18 leading international and national real estate investment associations issued a joint statement highlighting the critically important role our industry plays in society and the economy in Europe and supporting government measures to recover from the financial impacts of the Covid-19 crisis. Click here to learn more.
