The National Council of Real Estate Investment Fiduciaries (NCREIF) and the Pension Real Estate Association (PREA) Reporting Standards are reshaping how institutional real estate firms approach financial reporting. Co-sponsored by NCREIF and PREA, the standards are designed to enhance transparency, consistency and comparability—fostering investor confidence and more informed decision making.
With the release of the 2025 Adopting Release in Handbook Volume II, firms now have clearer guidance on expanded requirements, including asset- and investment-level reporting. Highlights from the session:
- Expanded scope: Move beyond fund-level data with asset and investment-level reporting to meet growing transparency demands.
- Closed-end fund reporting: Increase clarity in fee and expense reporting and improve performance metrics.
- Strategic benefits: Compliance isn’t just a checkbox—it builds investor confidence, enhances benchmarking, and positions your firm for alignment.
- Operational efficiency: Streamline reporting processes, reduce manual work, and improve data quality.
