The European Public Real Estate Association (EPRA), is a non-profit association representing Europe's publicly listed property companies. It is run by an independent Board of Directors[1] chaired by Pere Viñolas Serra.
 | |
| Company type | Real estate Association |
|---|---|
| Industry | Real estate |
| Founded | 1999 |
| Headquarters | Brussels, Belgium |
Key people | Pere Viñolas Serra (Chairman), Dominique Moerenhout (Chief Executive) |
| Website | www.epra.com |
History
editFrom its formation in Amsterdam in 1999, partnering initially with Euronext and later with FTSE[2] and NAREIT,[3] the three bodies established the FTSE EPRA/NAREIT Global Index series[4] which is now used as the global indices platform from which to benchmark the performance of stock exchange-quoted property companies and real estate investment trusts. The association has been located in Brussels since 2009.
Activities
editRaising the understanding of real estate in relation to investments and its role in society in general is a core activity for EPRA. Property company data and statistics derived from the indices form the basis of wide-ranging academic research on the listed sector (both commissioned by EPRA and independently conducted).[5]
On a financial reporting level, EPRA's aim is to establish consistent reporting across the real estate sector. The Association encourages the adoption of an industry-wide set of financial reporting KPIs, and Gold, Silver, Bronze and Most Improved Best Practice Recommendations (BPR[6]) Awards are delivered to companies based on the analysis of annual reports by auditor Deloitte.
References
edit- ^ "EPRA corporate governance" (PDF). Archived from the original (PDF) on 2016-10-25.
- ^ "FTSE Partnerships".
- ^ "NAREIT Partnerships".
- ^ "FTSE EPRA/NAREIT Global Index series".
- ^ "Wayback Machine" (PDF). 2013-09-21. Archived from the original (PDF) on 2013-09-21. Retrieved 2022-11-08.
- ^ "Methodology for the EPRA BPR Awards" (PDF). EPRA.
External links
edit- Official site
- 'Ready for growth: A guide to the future of the European listed real estate'
- 'Real estate in the real economy' - 2016 report and infographic
- EPRA Annual Report 2015