Publications

In this section you will find EPRA public affairs related publications, articles, surveys, reports, infographics and other downloadable PDFs on overarching issues. Advocacy materials on specific regulatory and legislative issues can be found in the Policy Areas section.

LATEST NEWS IN PUBLIC AFFAIRS

EPRA research project with Amsterdam School of Real Estate (ASRE) on the impact of REITs
 
A research project commissioned by ASRE about the impact of REIT regimes has been finalised. The outcome, an academic report as well as a customised report for policymakers, demonstrates the impact along three layers: how the design of REITs has influenced market growth and performance, the evolution of REITs in Europe over time and their impact on financial markets, as well as the role how REITs, through their activities, contribute to UN Sustainable Development Goals.


Impact of European REITs 2023

Impact of European REITs 2023 - Full Report

Listed REITs in Europe 

Fourteen European countries have already recognised a public benefit to incentivise real estate investment through public markets and have introduced REIT legislation to maximise returns through an effective tax pass-through. These 14 countries now represent 78% of the entire listed real estate market in the EU and 85% of the bloc’s GDP. Thus the question that arises next is how can the EU Capital Market Union further increase the benefits that the growth of listed REITs have brought to the EU?

 


Leaflet 2023

EPRA & WGBC Factsheets on EU Taxonomy 

Showcased at our webinar ‘Implementing EU Taxonomy across the European built environment’ on 12 October 2023, hosted in partnership with World Green Building Council, the factsheets focus on the key energy efficiency criteria. 

 

 

 


EU Taxonomy Factsheets

Real Estate in the Real Economy

EPRA and INREV have joined their forces again to release this report. Supporting growth, jobs and sustainability Real estate, as a general term, describes the built environment, which plays a vital role in every aspect of the European economy, society and environment.

 


Report 2022

Infographic 2022

OECD - Organisation for Economic Co-Operation and Development

Letter of 11 trade associations representing the countries and regions globally that have enacted REIT legislation, accounting for 85% of global GDP with a combined population of nearly 5 billion people. 

 

 


OECD

Real Estate Investment Structure Taxation Review

EPRA and Chiometri collaborated on the new "Real Estate Investment Structure Taxation Review" which is a useful guide for those investors willing to invest in real estate properties located in Europe. It provides a comparative illustration of the possible alternatives for the establishment of investment platforms in Europe and investment vehicles at a local level. Each country-specific chapter provides insights from leading experts on key tax considerations and investment opportunities based on the relevant national legislation.

 


Taxation Review

Structural Overview of the Real Estate Investment Industry

Real estate plays a critical role in all aspects of our everyday lives. Yet the term ‘real estate’ is not a uniform concept within the European Union. This report, prepared in parternship with PwC, aims to bring clarity to the complexity of the industry. It sets out to elicit an understanding of the various actors in the property investment market, be that listed property companies, REITs, or funds, and to debunk some of the perceived complexities, in order to allow the industry to reach its full potential and build a stronger Europe.

 


Report 2022

Building Blocks for a Prosperous Future

To unlock capital, face global challenges such as climate change, and build the cities of tomorrow, the European Union needs to encourage more stable and cross-border investments aligned with its long-term objectives. EPRA believes that the listed real estate sector is part of the solution to empower the EU to deliver on its ambitions internally and elevate its leadership externally and proposes a set of recommendations for policymakers in order to address these challenges.

 


Summary

Full paper

Real estate in the Real Economy 

Once again, EPRA and INREV have joined their forces to release this report and infographic that highlight the impact of the real estate industry on the real economy. 

 


Report 2020

Infographic 2020

Total Tax Contribution of REITs in Europe

EPRA is delighted to release the first-ever total tax contribution (TTC) study of listed real estate investment trusts (REITs) in Europe. Produced in collaboration with PwC, and thanks to the strong participation of 48 European REITs from 11 countries, this report provides an overview of the tax effort and contribution of REITs to the European public finance. We believe this study will provide a useful and objective source of evidence to improve awareness of the benefits of REIT regimes and to constructively participate to the public debate.

 


TTC Report

TTC leaflet

Real estate industry and the Covid-19 crisis

The Covid-19 pandemic is a human tragedy that is unprecedented in modern times. While protecting health and security is paramount, it is also essential to keep vitally important economic sectors functioning during the crisis, making it easier to restart the economy as people are able to return to work. The commercial real estate sector in Europe is a major contributor to these efforts. As a partner to municipalities, local and national governments all across the continent, we have done our utmost to support our communities, tenants, public authorities and health services during the Covid-19 crisis and we stand ready to live up to our significant social and economic responsibility as society re-opens.

 


Joint statement

Building a Stronger Europe

Stock exchange listed property companies play a unique role in delivering, enhancing and operating the built environment says a new EPRA report targeted at policymakers. It highlights the unique contributions listed property companies make to the health, vibrancy, efficiency and accessibility of the European property market and the opportunity that growth in this sector can play in building a stronger Europe. The sectors’ main benefits and characteristics, ranging from regulation and accountability to transparency, sustainability, liquidity and investment performance are laid out in easy to use chapters.

 


Report

Listed real estate - a large contributor to the EU economy

EPRA has mandated PwC to estimate for the first time the total jobs footprint of the listed real estate sector for the EU28. It includes direct, indirect and induced jobs as well as jobs hosted by retail surfaces and demonstrates that listed real estate is a key sector for the European economy providing and securing a significant amount of jobs and investments. 

 


Infographic

Real estate sector’s contribution to society, growth and sustainability in the EU

This factsheet has been developed by 30 associations representing stakeholders operating in the real estate and built environment sector. Collectively we firmly believe that it is time to give the real estate sector coordinated attention as a matter of priority at European level and promote a holistic approach to decision-making which includes the various sectors in the real estate and built environment life cycle.

 


Factsheet

Guiding principles for future EU-UK relations: the real estate investment perspective

A broad range of organisations and businesses active in the European real estate market have an interest in minimising the disruption of the UK decision. Real estate investment makes a significant enabling contribution to economic activity, growth and job creation and helps create vital, liveable towns and cities. We urge policymakers to respect the following principles as they pursue the negotiations for the UK’s departure from the EU.

 


Guiding principles