Classification

Maintained by LAREV Standards Working Group · Next Review
Q4 2027

In a region as diverse and dynamic as Latin America, establishing a shared language for the real estate sector is not just beneficial—it’s essential. Differences in terminology, classification systems, and reporting structures across countries have long created barriers to collaboration, investment, and data transparency.

Classification
Standar
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2.0

Why

Classification

Matters

The lack of a standardized classification system has long limited comparability in Latin America’s real estate sector. By establishing a unified framework, LAREV enables consistent terminology, better data quality, and smoother communication between investors, managers, and policymakers — aligning the region with global standards.

Core Objectives

Standard Terminology

Defines consistent terms for assets, structures, and investment vehicles — reducing confusion and improving communication.

Market Transparency

Enables comparable data and reliable benchmarking across markets.

Regional Alignment

Mirrors global frameworks while reflecting local market realities, enhancing Latin America’s attractiveness to international investors.

Who Benefits

01

Standard Terminology

Gain clarity on portfolio comparability across markets.

02

Developers

Enables comparable data and reliable benchmarking across markets.

03

Analysts

Work with consistent data sets and improved reporting reliability.

04

Regulators

Base policies on standardized definitions and frameworks.

current & Past Versions of This Standard

LAREV maintains all previous versions of each standard to ensure transparency and traceability.

Name
Date Modified
Status
Example - Version 1.0
v
–
Jun 2026
Archived
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Example - Version 1.1
v
–
Jun 2026
Archived
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Example - Version 1.2
v
–
Jun 2026
Archived
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Example - Version 2.1
v
–
Jun 2026
Draft
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Example - Version 2.0
v
2.0
–
Jul 2026
Current
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Indicators & Metrics
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Indicators & Metrics

We develop and promote key performance indicators that reflect the real value, risks, and returns of real estate investments across Latin America.

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Reporting & Accounting
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Reporting & Accounting

We promote uniform financial reporting and accounting practices to enhance investor confidence and ensure consistent, comparable information across the region.

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