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It has been a busy month again, with several committee meetings, Investor outreach trips across Europe and Asia, meetings with MEP’s and EU officials as well the quarterly FTSE EPRA/NAREIT Index review now just days away, the annual BPR and sBPR surveys have kicked off…..and of course preparation for the 2017 Conference continues pace.
The Sustainability and Tax and Regulation committees each met this month with ESG and Solvency II high on their respective agendas. The Sustainability committee worked on the redrafting of the Sustainability guidelines to increase the scope to cover Social and Corporate Governance impact. Whilst the Regulatory and Tax committee agreed on a preferred advocacy position in relation to Solvency II which will have a major impact on the sector and remains our core advocacy focus for 2017.
I would like to thank Deloitte and JLL for enthusiastically engaging again this years with the BPR and sBPR surveys which kicked off last week with 143 and 134 reports respectively to analyse and we look forward to the awards, with more Gold winners in September!
I had the pleasure to attend the APREA conference in Singapore where I had an opportunity to meet with many Asian stakeholders - investors, property companies and  asset managers. In Europe meanwhile, we have had meetings with Investors in Zurich, Munich, Brussels, Antwerp, London, Helsinki and Stockholm.
The June Index review is always a hectic time for the Index team with over 300 companies reporting globally during the quarter; so the assessment of each one is a time consuming and thorough exercise. We await the review results on 1st June.
Finally, I would like to remind you that you have 48 hours to complete your entries for the Outstanding Contribution to Society award; we have had some truly inspiring entries but it’s still not too late.
Dominique Moerenhout

Listed real estate performance mirrors direct property after 18 months

It takes about 18 months for an investment in listed real estate to shed the influence of the general equities market and to start mirroring the performance of the companies’ underlying portfolio, new research by MSCI for the European Public Real Estate Association (EPRA) concludes. “The matched-sample analysis adds to the evidence that European listed real estate generates the returns of direct property over the long term and confirms that listed real estate should be an integral component of investors overall property portfolio strategy," commented Ali Zaidi, EPRA Director Indices & Research. Read more in the press release

Investor outreach in Europe

As we are refocusing our education activities on more ‘generalist’ institutional investors, we are also turning our attention to other local industry associations, such as pension, insurance and asset management groups, to open access to their membership bases and convince them to consider raising their allocations to property stocks. In the past months, we have had many one-on-one meetings in Germany, Switzerland, Finland, and the UK and we are looking forward to holding many more meetings in among others Ireland and the Benelux. We are increasing our relationship with the Iberian Peninsula and continue our investor outreach programme throughout Europe. On June 20, EPRA will moderate a panel session on ‘Governance, compliance and transparency’, which will bring together representatives from some of the largest Iberian real estate companies.

Have you entered the competition yet?

Is your company involved in promoting social change and development in the community? Or do you know a company that is? Then enter the competition for the EPRA Outstanding Contribution to Society Award!  We want to reward our members' initiatives that aim for a social-environmental positive change in a community. EPRA will award one successful project, following a selection process by the jury. You have three more days to complete the application for the competition before the 31 May deadline and you could be the successful winner awarded during the 2017 EPRA Conference in London. Is YOUR COMPANY the outstanding contributor to our society? 

RE-think real estate – registration open!

Registrations are open for the event to be listed in – EPRA Annual Conference! Our speakers line-up include Hoover Institute, Stanford Professor Niall Ferguson, the Executive Director at Singularity University Salim Ismail, MIT Economics Professor William Wheaton and former UK Deputy Prime Minister Rt. Hon. Nick Clegg MP. Do not forget to join the conversation on Twitter #EPRAconf. We are grateful to all our early sponsors for their support: Unibail-Rodamco, Affine, TLG, Credit Suisse, Green Street Advisors, Cofinimmo, CA Immo, Hispania, PSP Swiss Property, RealFoundations, Derwent, Gecina, alstria and JLL. Want to be in the sponsorship spotlight? Contact us here.
EPRA is the European Public Real Estate Association 

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