Industry Reporting Standards

Mission and Purpose is to Establish, manage, and enhance transparent and consistent reporting standards for the real estate industry fostering comparability and informed investment decision-making.

Reporting Standards (RS)

  • The NCREIF PREA Reporting Standards (Reporting Standards) is an industry initiative developed and co-sponsored by the National Council of Real Estate Investment Fiduciaries (NCREIF) and the Pension Real Estate Association (PREA) with a mission to establish and implement information standards for the real estate industry which will facilitate transparency, consistency and informed decision-making. While established standard-setting bodies like the Financial Accounting Standards Board (FASB) and the CFA Institute (creators of the Global Investment Performance Standards – GIPS®) provide broad financial reporting frameworks, they do not fully address the unique needs of institutional real estate investment reporting. The Reporting Standards were developed to fill this critical gap. NCREIF Standing Committees and the Reporting Standards Council actively maintain and update the Discipline-Specific Manuals and supplemental materials. Found in Handbook Volume II are:

Visit the RS Website

Quick Resource Links:

Global definitions database (GDD)
A centralized, interactive glossary of key terms used in the non-listed real estate industry. This tool promotes consistency and clarity across global markets. Access the GDD
standards and guidance
The Reporting Standards website offers a variety of valuable tools and discipline-specific manuals and guidance. Access this Information
foundational standards
In simplified terms, the RS offers guidance in areas that other industry (foundational) standards have not covered. Access the Foundational Standards
global standards
NCREIF and PREA, in collaboration with ANREV (Asia) and INREV (Europe), have embarked on several global initiatives to work toward being able to provide consistent information on a global basis. Access Global Information

Volunteer Opportunities!

Please consider joining us in this important industry mission! As a member of the RS Council or a taskforce, you will help develop and promote standards for the real estate industry in areas such as: Accounting Compliance Education Global Standards Investor Relations Performance and Risk Information Reporting Standards Development Valuation Whether you are new to real estate and want to learn more about the industry or have developed a special expertise and skill set learned from many years as an industry practitioner, there is a place for you. We encourage you to volunteer and make a difference! For more information on the Reporting Standards and volunteering opportunities, please contact us!
Volunteer Inquiry
contact
312-819-5890 info@ncreif.org
Address
105 W. Madison, Suite 1313 Chicago, IL 60602 US
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