Introduction
The Asian Association for Investors in Non-Listed Real Estate Vehicles (ANREV), the European Association for Investors in Non-Listed Real Estate
Vehicles (INREV), the National Association of Real Estate Investment Managers (NAREIM), and Ferguson Partners (FP) and are pleased to present
the results from the 2022 Global Management Benchmarking Survey (GMBS). This initiative, the most comprehensive global study of management
practices in the industry, is designed to provide real estate investment managers (REIMs) and private equity firms with current information regarding strategic, organizational, financial and operational best practices. In particular, this report provides an in-depth view of practices across a variety of topics including capital raising, organizational structure, staffing, roles and responsibilities, financial performance, and governance.
This survey is designed to provide up-to-date information on management trends in light of both the current state of the economy and the real estate industry. Please let us know of any changes that you would find helpful for next year’s edition.
We extend our sincere appreciation to all participating organizations for providing valuable information.
Survey methodology
In the first quarter of 2022, Ferguson Partners sent out a survey questionnaire for the purpose of gathering relevant market data on strategic, financial and organizational design practices for real estate investment managers and private equity firms. The survey was composed of the following six sections: General Company Information, Fund Raising Data, Assets Under Management Data, Financial Metrics, Organization Design, and Governance Practices. In 2021, we introduced a Global Supplement section to the survey allowing for regional data cuts for members of ANREV, INREV, and NAREIM.
For the 2022 survey, 60 companies provided thorough responses. Participants vary in size, strategy, and location and represent a cross section of the real estate investment management/private equity industry (see Participant Demographics for more details). FP gathered the responses, clarified information with participants as needed, and then analyzed the data to develop this summary report.
To read the full survey summary including key findings, download a PDF of the full 2022 Global Management Benchmarking Survey 2o22 Executive Summary.
For additional information, please contact Scott McIntosh.