The rapid emergence and growth of listed property and REIT regimes around the world, and the more general impact of globalisation, present unique challenges for EPRA. They underline the need for an effective, coherent and well resourced voice for the European listed real estate industry.
EPRA activities reflect its mission to promote, develop and represent the European public real estate sector.
Our underlying objective is to foster trust for and encourage greater investment in listed real estate in Europe. This is achieved by a full commitment to transparency, from EPRA and its members alike.
Our company members represent EUR 250 billion worth of real estate assets. These companies influence the efficiency and quality of the European built environment and provide an opportunity for the full spectrum of shareholders to own a stake in a range of property businesses.
Our members therefore have a direct impact on the European economy and its citizens. The majority of EPRA's members are property companies who are listed on the public stock exchanges. They own, manage, develop and refurbish commercial and residential property. Many of our members are structured as REITs.
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.
And on many issues we work in unison globally with sister associations.
As a member of REESA (The Real Estate Equity Securitization Alliance), EPRA works in close coordination with NAREIT in the US, APREA (the Asia equivalent) and other industry organisations to promote common interests in this dynamic international industry.
Founded in 1999, EPRA is a not-for-profit association registered in Belgium. The association is governed by an Advisory Board, which delegates some of its functions to a Board of Directors.
EPRA’s success is based on its working committees, which develop and drive the agenda of the association. Each committee brings together experts from different countries and sectors of the real estate industry to provide the insight and expertise needed to meet the challenges facing the listed real estate sector in Europe.
The working committees are the Research Committee, Global Index Advisory Committee, Reporting & Accounting Committee, Tax Committee, Sustainability Reporting Committee, Regulatory Committee and the Investor Relations Committee.
Together they enable EPRA to provide high quality services to its members and fulfil its mission and objectives.