Home / INREV / Henley Certificate in European Non-Listed Real Estate Investment

INREV / Henley Certificate in European Non-Listed Real Estate Investment

The INREV Academy is dedicated to the development of the next generation of non-listed real estate professionals. As a result, INREV and Henley Business School have come together to offer the INREV / Henley Certificate in European Non-Listed Real Estate Investment.

About the certificate

The INREV Academy is setting the educational standards for the industry.

INREV and Henley Business School have come together to offer the INREV / Henley Certificate in European Non-Listed Real Estate Investment. Non-listed real estate professionals who wish to take their studies further can sign up as a Certificate holder and obtain an exemption towards the Henley Business School MSc in Real Estate Investment and Finance. 

The Certificate will be issued by Henley Business School (University of Reading) to students who attend five of the relevant existing INREV Academy training courses and successfully pass an assessment in the form of a written report.

To obtain the Certificate, participants will need to enrol in one of the two curricula (learning paths) on offer: either Portfolio Management or Corporate Finance. Each curriculum consists of three mandatory courses and a number of elective courses. Participants will need to attend a total of five courses: three mandatory, and two from any of the other courses from the offering.

The INREV Academy conducts over 30 expert-led courses each year. The courses are available in a variety of formats, from classroom learning to online Zoom sessions, so you can access expert-led training from anywhere in Europe.

Kindly note that courses offered in the eLearning format (INREV Foundation Course, ESG Essentials and Real Estate Essentials: Unlocking Best Practices) are excluded from the INREV/Henley Certificate programme.

A participant who decides to obtain certificates for both the Corporate Finance and Portfolio Management curricula will need to attend a total of 10 courses, as no course can contribute towards both curricula.

Annual curriculum review

The Certificate is supervised by a Certificate Board, comprising representatives from INREV and Henley Business School, to ensure the education programme is regularly monitored and assessed. Every year the Certificate Board will meet to discuss and consider any potential changes or updates to the Certificate programme. An updated Corporate Finance track was launched in early 2023.

Assessment

After completing the five courses, each participant must take an assessment in the form of a written report within three months.

Henley Business School will assess the written report and provide feedback within a month of receiving it.

In order to obtain the Certificate, participants must obtain a pass mark in the assessment. If they fail the assessment in the first instance, it may be re-taken within two months.

Attendees will be expected to analyse a case study using real data, showing their ability to combine the application of notions and analytical/qualitative tools to solve a real problem.

Henley University of Reading

Curriculum

HENLEY building blocks

 

Portfolio Management Curriculum

The certificate holder will gain an understanding of the assessment of return and risk, and develop skills in portfolio construction and management. This curriculum is particularly useful for participants who want to further their knowledge relating to the non-listed real estate industry, through a better understanding of the analytical and qualitative tools that can help improve the risk-adjusted performance of non-listed real estate vehicles.

Corporate Finance Curriculum

The Corporate Finance curriculum allows you to gain an understanding of (debt) financing, valuations and reporting for non-listed real estate, and how to evaluate investment opportunities across different products. This curriculum is particularly useful for participants who want to further their knowledge of investment analysis and fund reporting, thus enhancing their ability to add value in finance-oriented roles within the fund management industry.

View courses

Henley University of Reading

Admission and prerequisites

Participants need to have a Bachelor’s degree or equivalent in order to enrol in the Certificate programme. Exemptions will be considered on an ad-hoc basis, if the participant has relevant work experience in the field.

The five courses must be taken within 36 months of the date of the first course undertaken, and participants can apply to enrol for the Certificate at any time during this period.

Exemptions for MSc Real Estate Investment & Finance

If Certificate holders apply for and are admitted to the MSc Real Estate Investment and Finance at Henley Business School (University of Reading), they can obtain an exemption of 20 credits for each curriculum towards the relevant module in the MSc programmes Corporate Finance and/or Portfolio Management. The MSc title will then be awarded on the basis of the average mark achieved in the remaining eight (or seven) modules necessary to complete the programme (normally consisting of nine modules for a total of 180 credits).

If you need more information about the exemption for the MSc programme at Henley Business School (University of Reading), please contact PG-REP-Admin@reading.ac.uk.

Henley University of Reading

Registration and fees

Certificate Fees

Participants who wish to enrol for the Certificate must pay INREV an administration fee of €175 and in addition, students will pay an examination fee of €300 before submitting their assessment. The fee for reassessment is reduced to €150.  Besides this, there is a course fee for each course, these fees are published on our website.

 

Registration

To register for the Certificate, please complete the registration form below and share it with academy@inrev.org

Participants must also register individually for each mandatory or elective course via the INREV website. 

View courses

Henley University of Reading

Related downloads

FAQ

What qualifications do I need to be able to study for the Certificate?

Participants need to have a Bachelor’s degree or equivalent. However, exemptions will be treated on an ad-hoc basis, if the participant has relevant work experience in the field.

Grandfathering rule

Those who have already attended any of the qualifying courses in the past 3 years will be able to include them in the certificate, as long as all five courses are taken within three years.

Can the Certificate be used to contribute to any other qualifications?

Yes, Certificate holders who apply for and are admitted to the MSc Real Estate Investment and Finance at Henley Business School (University of Reading) can obtain an exemption of 20 credits for each curriculum towards the relevant modules in the MSc programmes Corporate Finance and/or Portfolio Management.

What are the current fees for enrolling in the Certificate?

Participants pay INREV an administration fee of €175 and the fee for each individual course. In addition, they will pay an examination fee of €300. See details under 'Fees' in the side menu.

How do I register for the Certificate?

To register for the Certificate, please complete the registration form below and share it with academy@inrev.org

Participants must also register individually for each mandatory or elective course here.

Contacts

For information on the INREV/ Henley Certificate and training courses contact academy@inrev.org. T +31 (0)20 235 8615

For information on the assessment and exam, contact Gianluca Marcato, Professor of Finance and Real Estate at g.marcato@henley.reading.ac.uk, T  +44 (0) 118 378 8178

Henley University of Reading

Alumni

To date, there are around 50 industry professionals who are working towards the certificate and over 70 graduates who have already received their certification, with more set to graduate throughout the course of the year. Below you’ll find the latest list of alumni:

2024

namecompany
Alexandros GratsiasBank J. Safra Sarasin
Antonia HöpfnerEY
Catherina PaulBayerische Versorgungskammer
Christoph DitzenBayerische Versorgungskammer
Dolf van WijngaardeMN Services Vermogensbeheer
Frank XuInvesco Real Estate Europe
Lara MarksCBRE Investment Management
Mari Maisuradzea.s.r real assets investment partners
Lucia Vázquez EchevesteCBRE Investment Management
Rene LorrierStichting Pensioenfonds ING
Vanessa BenladjColony
Wouter DuimSyntrus Achmea Real Estate & Finance (FoF)

 

2023

namecompany
Stephane CamporiAlter Domus
Idriss Wahangni NanaDeloitte
Beate LyhsDWS
Thibault VlietinckPGIM Real Estate
Nicola FranceschiniUBS Asset Management
Daniel SchusterZürich Beteiligungs-AG
Robert FairfaxBarings
Steven EvansSavills Investment Management
Matthijs van der Vaarta.s.r. Real Estate
Benjamin LaunayAmundi
Stuart HopeGrosvenor
Roland van der SchootVesteda
Mike Hasselgren Urban Partners

 

2022

namecompany
Tatiana Hickmanabrdn
Oscar FuscoAPG Asset Management
Yasmina El JahiriAXA Investment Managers
Isabell SteurerBayerische Versorgungskammer
Dion van KempenBouwinvest Real Estate Investors
Iiro NurkkalaCatella
Stefan SieliasCBRE
Florian ParcheInvesco Real Estate
Ultan CarrollIPUT 
Alexander HeinPGIM Real Estate
Denise EnglschallPGIM Real Estate
Emilie WalkerPradera
Doortje Polen Savills Investment Management
Alex van der SchildenShieldCapital
Hugo van GinkelMN Services

 

2021

namecompany
Olle Overboscha.s.r real estate
Annemiek KleinheerenbrinkAlmazara I Real Assets Advisory
Torben Dunkel Aviva Investors Real Assets
Jan-Thijs Koster Bouwinvest Real Estate Investors
Jorrit SennemaBouwinvest Real Estate Investors
Tessa TeuwenBouwinvest Real Estate Investors
Scott WalkerCBRE Global Investment Partners
Eduard BossauerEY
Natalie BeckEY
Charlotte WoodsGrosvenor Europe
Bastian LiebscherInvesco Real Estate Europe
Carolin Schwindling Invesco Real Estate Europe
Monika BednarzLAGRANGE
Ramon DijkstraRussell Investment Group
Luc Toren Wealth Management Partners
Savaş Yigit Gencer 7R SA

2020

namecompany
Jochen PelzArt-Invest Real Estate Funds 
Lars BollharderAsga Pensionskasse
Ricardo Roodea.s.r real estate
Vinoo Khandekara.s.r real estate 
Karsten HassDWS Real Estate
Athina SchacherHines
Peter MegyeriLGT Capital Partners
Luke WilliamsPatrizia
René Otto PoulsenPwC
Sebastian Eggert Signa Financial Services
Júlio GomesSonae Sierra
Zachary GaugeUBS Asset Management 

2019

namecompany
Joep ArtsBouwinvest 
Laura MeindlCOREN Land Management
Ji Won DaunisPIMCO Prime Real Estate
Florian KurthHIH Real Estate
Asher GarnettLegal & General Investment Management
Joni SekulaPatrizia
Sebastiaan BlomPGGM
Uday Vartak Prudential Portfolio Management Group 
Gijsbert Riemsdijk UBS Asset Management 

2018

namecompany
Robert WagenaarBouwinvest   
Axel von SchwanebachDWS Real Estate
Manfredi CampoOptimum Asset Management 
Rudo Mulder Patrizia
Victoria HoldomBentall GreenOak

 

What members say

INREV training recommended

 

 

 

 

We’re proud to say that according to our annual member survey for the second year running, 100% of members surveyed said they’d recommend an INREV Academy training course. Are you interested in working towards achieving your INREV / Henley Certificate? Read the reviews from those who have put forward their employees for the certificate and those who have graduated or are still working toward the certificate on the benefits and their experiences.

 
'This certificate allows members to
stand out as they move forward in their
career. It gives you the upper hand in an
increasingly competitive world.‘
 ‘It was a pleasure to set up the INREV/Henley Certificate and every year we enjoy engaging with attendees in the delivery of key courses.' ‘The courses are easily accessible, either online or at different locations in Europe. I can smoothly complete my professional training alongside my regular work.'
MARTIN LEMKE, AM ALPHA
KAPITALVERWALTUNGSGESELLSSCHAFT
 GIANLUCA MARCATO, HENLEY BUSINESS SCHOOL ISABEL SCHELLENBERG, HB REAVIS
     
‘‘At GARBE Institutional Capital we want to make sure that our colleagues have the room to learn and grow - both on the job and through training. The INREV/Henley Certificate is one of the cornerstone initiatives for this training - because it provides a good grasp of the “big picture” of our industry and the relevant technical knowledge to successfully manage institutional funds.  ‘The fusion of learning and networking within the most important non-listed real estate industry organisation is a great addition to your career. I thoroughly enjoyed completing my certificate and gained competitive knowledge that allows me to stand out in the industry.' With this certificate you are able to demonstrate your knowledge and added value on the subject. All of the courses emphasise practical knowledge and hands-on learning, using real world examples and case studies. The combination with the business school adds a helpful academic component.’
THOMAS KALLENBRUNNEN, GARBE INSTITUTIONAL CAPITAL STEFAN SIELIAS, CBRE STAN BERTRAM, PGGM

Related downloads

Questions about INREV Academy?

Please don't hesitate to contact us.