The latest update: July 2016
The module has been updated to clarify the calculation and disclosure of key fee and expense metrics: the Total Expense Ratio (TER) and the Real Estate Expense Ratio (REER). Improvements include further clarity to the components of TER and REER together with a detailed list of allocation of fees and costs. This update is based on the joint efforts of INREV, ANREV, NCREIF and PREA towards producing global reporting standards.
We will update you as soon as we have new plans for the Fees and Expense Metrics Module.