The European Public Real Estate Association (EPRA)
The European Public Real Estate Association (EPRA) was founded in 1999 and is a non-profit association representing Europe’s publicly listed property companies. The EPRA’s objective is to foster trust for and encourage greater investment in listed real estate in Europe, therefore the EPRA strives to establish best practices in accounting, reporting and corporate governance, to provide high-quality information to investors and to create a framework for debate and decision-making on the issues that determine the future of the sector. The association encourages the adoption of an industry-wide set of financial reporting KPIs, and Gold, Silver & Bronze Best Practices Reporting accreditations are issued to companies based on the analysis of accounts by an auditor.
Over 275 company members of EPRA represent more than €450bn worth of real estate assets and influence the efficiency and quality of the European built environment. Along with the FTSE group and the National Association of Real Estate Investment Trusts (NAREIT) the FTSE EPRA/NAREIT Global Index series has been established, which is the global indices platform from which to benchmark the performance of stock exchange-quoted property companies and real estate investment trusts.
VICTORIAPARTNERS has been a member of EPRA since 2014 and actively participates in the Regulatory and Taxation Committee.