EPRA

What EPRA does

EPRA - The European Public Real Estate Association is a Brussels-registered, not-for-profit industry association founded in 1999 to promote, develop and represent the European publicly listed real estate sector. It serves more than 280 members - publicly traded real estate companies, institutional investors (pension funds, asset managers, sovereign wealth funds), and service providers - and claims representation of over EUR 890 billion of real estate assets, equivalent to 95% of the market capitalisation of the FTSE EPRA Nareit Europe Index. Its core product surface is standards and benchmark infrastructure rather than commercial technology: (i) the FTSE EPRA Nareit Index Series (Global, Emerging, North America, Europe Developed, Asia Pacific, Developed), distributed globally through a partnership with FTSE Russell/LSEG; (ii) the EPRA Best Practices Recommendations (BPR) Guidelines, the cornerstone non-GAAP financial reporting framework for the sector, complemented by the Sustainability BPR (sBPR) Guidelines and Financial/sBPR databases; (iii) the EPRA Loan-to-Value (LTV) metric introduced in April 2022; (iv) research including the EPRA Developers Research Benchmark (EDRB) and alternative-sector benchmarks covering data centres, healthcare, self-storage and alternative housing; (v) the EPRA-Bayes Business School online programme and EPRA-INSEAD executive programme; and (vi) the annual EPRA Conference Re-Think plus webinars and Myth Buster media.

EPRA's commercial engine is membership-based rather than transactional: it operates as a member-governed association funded by member dues, partnership and sponsorship income (notably FTSE Russell for index distribution and UNEP FI / Laudes Foundation / APG / PGGM / Norges Bank Investment Management for sustainability initiatives), events such as the annual conference, and education programme fees. Pricing is not publicly disclosed. Go-to-market is primarily direct, relationship-driven engagement with European listed real estate issuers, supplemented by the global index-distribution channel via FTSE Russell, and policy advocacy with EU institutions and standard-setters (IASB, ESMA, EFRAG, IFRIC). Offices are located in Brussels (headquarters, Square de Meeûs 23, 1000 Brussels) and London. Headcount is reported at 11-50 employees; senior leadership includes CEO Dominique Moerenhout, Finance and ESG Director Hassan Sabir, Communications Manager Kasia Jasik-Caínzos, and (per available leadership signals) Chairman Pere Viñolas Serra of Colonial, who succeeded Méka Brunel of Gecina.

Name

EPRA

Legal name

The European Public Real Estate Association

Website

https://epra.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

11–50 employees

Short description

EPRA is a Brussels-registered, not-for-profit industry association founded in 1999 that develops benchmark indices, BPR/sBPR reporting standards, research and education programmes for the European publicly listed real estate sector, serving 280+ members representing over EUR 890 billion of assets.

Ownership category

akta.pro rank

Product category

Real Estate Industry Association Services

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Values-Based/ESG & Impact-Focused RIAs (FSAAACAK)

akta.pro secondary industry

Product Sustainability & LCA/EPD (Eco-design, PCF) (EUAHAJAF)

Keywords

• Real estate indices
• REIT benchmarks
• Financial reporting guidelines
• Sustainability reporting standards
• Industry association

Headquarters

HQ city

Brussels

HQ country

Belgium

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Distribution channels1 record

Marketing channels7 records

Core offering

EPRA is a not-for-profit industry association that promotes, develops, and represents the European public (listed) real estate sector. It provides the FTSE EPRA Nareit Index Series for benchmarking, the EPRA Best Practices Recommendations (BPR) Guidelines for financial reporting (including EPRA Earnings, NAV, and the EPRA LTV metric), and the sBPR Guidelines for sustainability/ESG reporting, alongside market research, professional education, conferences, regulatory advocacy, and member networking.

Product overview

EPRA operates as a membership-based industry association for the European publicly listed real estate sector. Its product portfolio centers on benchmarking indices (FTSE EPRA Nareit Index Series), financial reporting standards (BPR Guidelines including the EPRA LTV metric), and sustainability reporting frameworks (sBPR Guidelines). The organization complements these core offerings with research publications (market reports, EDRB benchmarks, EPRA Magazine), professional education programmes (EPRA-Bayes and EPRA-INSEAD), industry conferences (EPRA Conference Re-Think), and regulatory advocacy. EPRA functions as an industry standards body and information provider rather than a technology product company.

Differentiator

Problem solved

Functional benefit

Products and services

• FTSE EPRA Nareit Index Series
• EPRA Best Practices Recommendations (BPR) Guidelines
• sBPR Guidelines (Sustainability Best Practices Recommendations)
• EPRA Loan-to-Value (LTV) Metric A standardized financial KPI introduced in April 2022 to provide consistent and comparable leverage assessment of shareholder equity within listed real estate companies, added to the BPR Guidelines 2022.
• EPRA Research Reports Market research publications including sector reports, alternative property sector analysis, developer benchmarks, and academic research initiatives for the European listed real estate sector, providing market intelligence to investors and member companies.
• EPRA Developers Research Benchmark (EDRB) Research benchmark tracking the performance of European real estate developers and homebuilders, giving investors visibility into this specialized sub-sector.
• EPRA Education Programme Professional education offerings including the EPRA-Bayes Business School Online Programme and the EPRA-INSEAD Executive Programme, designed for real estate professionals seeking continuing education.
• EPRA Conference Re-Think Annual industry conference bringing together European listed real estate professionals for networking, knowledge sharing, and discussion of sector trends and developments, with editions including 2022, 2023, 2024, 2025, and 2026.
• EPRA Magazine Annual publication featuring articles, analysis, and insights on European listed real estate trends, best practices, and industry developments; 2025 edition referenced.
• Financial BPR Database Database providing access to EPRA BPR financial data from listed real estate companies, enabling research, peer comparison, and analysis.
• sBPR Database Database of sustainability BPR reports from listed real estate companies enabling ESG performance comparison and analysis across the sector.
• EPRA Global REIT Survey Annual survey providing insights into global REIT regulations and market structures across different jurisdictions, used by investors and policymakers.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered core and minor.

• CRREM (Carbon Risk Real Estate Monitor)coreStrategic or Co-development PartnerEPRA and CRREM entered a partnership to educate EPRA members on the application of CRREM resources for setting science-based decarbonization targets aligned with 1.5°C climate goals. CRREM provides pathways for operational carbon emissions consistent with Paris Agreement ambitions.
• FTSE Russell (LSEG)coreTechnology or IntegrationIndex partner providing the FTSE EPRA Nareit Global Real Estate Index Series, the leading global benchmark for listed real estate.
• INREVcoreStrategic or Co-development PartnerJoint paper 'One Real Estate Universe' bringing together listed and non-listed perspectives on European real estate investment landscape.
• NAREITminorOthersPeer association representing publicly traded real estate in the US.
• UNEP FIcoreStrategic or Co-development PartnerUNEP Finance Initiative partnership supporting the CRREM Green Governance Report and sustainable finance initiatives.
• KPMGminorImplementation/ SI/ Consulting PartnerPartnership on non-financial performance studies focusing on energy intensity, water intensity, and greenhouse gas emissions of listed real estate companies.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Regional players

• RealPac: Real Property Association of Canada represents institutional owners, investors and developers of investment real estate in Canada. It mirrors EPRA's industry-association role at a smaller scale and in a different geography.
• APREA: Asia Pacific Real Estate Association is the regional industry body for listed real estate covering Asia Pacific markets. It is a direct functional parallel to EPRA but operates in a different geographic footprint, making it a regional rather than direct competitor.

Direct peers

• NAREIT: The US National Association of Real Estate Investment Trusts is EPRA's closest peer in role — an industry association for listed REITs and the historical co-branding partner of the FTSE EPRA Nareit index series. Both organizations provide sector advocacy, standards and benchmarks for listed real estate.
• INREV: European association for non-listed real estate investment vehicles, and a co-author with EPRA of the 'One Real Estate Universe' joint paper. INREV directly complements EPRA's listed-focused mandate by covering the non-listed institutional real estate universe in Europe.

Others

• AFIRE: Association of Foreign Investors in Real Estate is a membership-driven organisation representing cross-border investors in US real estate. Its investor-focus overlaps thematically with EPRA's investor outreach but is not directly competitive.

Broad incumbents

• Urban Land Institute (ULI): ULI is a global research and education organisation covering the full real estate and land use spectrum. It overlaps with EPRA on policy research and education but is not focused specifically on listed real estate, making it a broader incumbent rather than direct peer.
• Royal Institution of Chartered Surveyors (RICS): RICS is a global professional body for real estate surveying, valuation and related disciplines. Its Red Book valuation standards and professional credentials overlap tangentially with EPRA's reporting frameworks, but its remit is much broader than listed real estate.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/EPRA_realestate
• YouTubeyoutube.com/playlist?list=PLRhiO_G_vq3bXy4A0AV9RnrbeYhbu8H0q
• LinkedInlinkedin.com/company/epra

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EPRA