LPs launch investor-led real estate data model to standardize reporting
by Andrea Zander
A group of large LPs and consultants has developed an investor-led real estate data model called the Real Estate Data Initiative (REDI) to address long-standing challenges with inconsistent, fragmented and largely PDF-based reporting from GPs. The initiative aims to provide a common data model, delivered as an Excel-based template, that standardizes core fund-, asset- and portfolio-level data fields used by most global real estate investors.