INREV Due Diligence Questionnaires (DDQ)

In today’s market, investors need to perform due diligence efficiently and effectively. Standardised instruments are becoming more necessary to keep pace with the current market, cope with multiple investors and understand global settings. The INREV Due Diligence Questionnaire (DDQ) is a framework that allows investors to assess deals within a limited time frame while managing risks properly.

To encourage the standardisation of investor due diligence in non-listed real estate vehicles, the Due Diligence Committee continually reviews the DDQ. New versions reflect the feedback from INREV members during a two-month consultation period.

An enhanced Debt DDQ and Funds of Funds and Multi Manager DDQ were published in November 2023. This was in alignment with the changes made to the standard DDQ, which was updated in January 2023.

The INREV DDQ provides a standardised and well-adopted framework, helping investors achieve a high level of scrutiny when entering a vehicle for the first time.

An enhanced Debt DDQ and Funds of Funds and Multi Manager DDQ were published in November 2023. This was in alignment with the changes made to the standard DDQ, which was updated in January 2023. Below are the latest versions of each DDQ template.

INREV DDQ 2023

INREV DDQ 2023 – Debt Vehicle – new!​

INREV DDQ 2023 – Funds of Funds and Multi Manager – new!

INREV DDQ Change Log 2023

INREV DDQ - FoF and MM - Change Log 2023

INREV DDQ - Debt Vehicles – Change Log 2023

INREV DDQ 2023 - ESG Appendix

INREV DDQ 2020 - Impact Investing Appendix

INREV DDQ 2020 - Debt Vehicles – Tax Appendix

INREV DDQ 2019 - Tax Appendix

INREV DDQ Implementation Kit 2023

INREV Due Diligence Data Room Guidelines 2023

INREV Customer Due Diligence Guidance 2023