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Latest News
2022 DEI Survey results
The Global Real Estate DEI Survey 2022 results have been released showing that in North America, the representation of women and people of color has increased year-over-year by almost 4% and 8% respectively.
According to the results of the DEI Survey 2022, which represents 357,041 full-time employees, $2.34 trillion of AUM, and a cross section of the commercial real estate industry in terms of size, region and business classification, the gender balance in North America moved in favor of more female representation between 2021 and 2022 - increasing to 42.5% of the workforce in 2022, up year-over-year from 41%.
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In North America, representation by people of color also increased year-over-year by almost 8%, increasing from 29% in 2021 to 31.3% in 2022.
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Europe & APAC: Among organizations reporting for Europe, female representation increased by almost 4% in 2022 — rising to 39.5% up from 38% in 2021. In Asia-Pacific, participants reported that women represented 50% of the workforce, up from 47% in 2021 — a 6.4% increase year-over-year.
Scale of the data: The Survey brings together participation from 192 unique organizations which provided 210 submissions detailing their DEI practices in North America (81.4% of respondents), Europe (12.4%) and Asia-Pacific (6.2%). Data was collected between July 28 and October 7, 2022. It was produced by ANREV, INREV, Ferguson Partners, NAREIM, NCREIF, PREA, REALPAC and ULI.
"There is no other organization like NAREIM that focuses on managing an investment management business and these insights are needed now more than ever through these turbulent market conditions."
Ryan Krauch, Executive managing director, USAA Real estate
latest news
63% of managers are asked about the DEI of vendors; 50% still don't collect the data
Capital Raising
June 6, 2023
More than 60% of managers are being asked by LPs if DEI is a consideration when choosing vendors and service providers. Yet almost half of managers aren’t collecting data on the issue yet. Download the NAREIM Member Survey on vendor DEI due diligence & DDQs questions.
57% of managers have Article 6 funds - most will upgrade within next year to Article 8
Sustainability
May 26, 2023
57% of managers said their US core real estate funds were being classed as Article 6 funds under the EU's SFDR rules, compared to 13% for Article 8. But most said they planned to upgrade their disclosures within a year. "You have to pick a lane," one member said during the NAREIM Sustainability virtual meeting this week.