Peer to peer: NCREIF develops a new tool for plan sponsors
The National Council of Real Estate Investment Fiduciaries serves the commercial real estate investment community by providing data and analytical tools to measure performance, bringing multiple disciplines together at working meetings to expand and enhance industry information, and supporting continued education and academic research. It was through NCREIF’s role of bringing the community together that a new tool emerged for investors to gauge relative performance.
Institutional investor members of NCREIF use the Plan Sponsor Committee to build a peer community of investors and create a forum for discussion of factors affecting their portfolios. Two years ago, this committee was discussing information available to its members to understand their portfolio performance and research optimal diversification strategies. Plan sponsors invest across a wide range of styles, geographies and property types and, thus, have access to substantial property and performance data. Informat