Providing key expertise, educational resources, and industry insights

This industry guideline offers guidance to management teams, advisors and boards of directors of non-listed REITs on how to calculate and report investment performance on a per-share basis, applicable to operational non-listed REITs and those that have undergone a liquidity event.

This industry guideline provides direction to management teams, advisors and boards of publicly registered, non-listed REITs on valuing their securities. It aims to enhance uniformity, consistency, and transparency in financial reporting by detailing valuation procedures, ensuring independence in valuation processes and outlining the timing and reporting of valuations.

This industry guideline offers direction to management teams, advisors and boards on evaluating operating performance using a supplemental measure known as Modified Funds From Operations (MFFO). It seeks to improve consistency, transparency and uniformity in financial reporting across the non-listed REIT sector.