2014-09-17-德勤-德勤房地产行业联同ANREV发布亚洲汇报最佳作业审查报告2011_35页_555kb

The report, "Review of Reporting best Practice Asia," published by ANREV in March 2012, analyzes compliance with INREV reporting guidelines in Asian non-listed real estate funds. Key findings include a 76% adoption rate of INREV guidelines in 2010, with improvements in General Information and Property Report sections but persistent gaps in disclosures of INREV Net Asset Value (NAV) and fee metrics. Fund managers use primarily IFRS, and reporting frequency mainly annual, with some quarterly reports. Compliance was higher among recurring participants compared to new ones, and factors like fund style, vintage, and geography show variations. Recommendations include enhancing disclosures for valuation methods, improving NAV calculations, and increasing awareness through ANREV's guide released in 2011. Despite progress, areas like valuer's statement and fee metrics need further improvement to align with global standards.

This study highlights the ongoing efforts to standardize reporting in Asian real estate funds, reflecting increased transparency and investor focus. future steps involve continued education and feedback mechanisms to drive broader adoption.