Goal
To encourage the standardisation of investor due diligence in non-listed real estate vehicles.
Key objectives
- Ongoing review and update of the INREV due diligence questionnaires to meet the evolving information needs of the sector and discusses other issues related to the due diligence process. This includes the sharp rise in demand for information on issues such as a fund managers’ expertise in risk management and compliance.
- Promotion of the DDQ, support implementation and help the questionnaires becoming industry standard
Committee members
| Name | Company | Country |
|---|---|---|
| Austin Mitchell (Chair) | Nuveen Real Estate | United Kingdom |
| Amilcar Grot (Vice-Chair) | Blue Sky Group (KLM) | The Netherlands |
| Clement Lasnier | Aviva Investors Real Assets | United Kingdom |
| Dirk Bootsma | PATRIZIA Immobilien | The Netherlands |
| Maximilian Brauers | DWS Alternatives GmbH | Germany |
| Norbert Bol | SWECO Capital Consultants | The Netherlands |
| Sophie Chateau |
LBO France |
France |
| Sylvia Slaughter | GLP Europe Management | The Netherlands |
RELATED DOWNLOADS
INREV Due Diligence Questionnaires (DDQ)
Published on 21 Jul 2020
The INREV Due Diligence Questionnaire (DDQ) assists investors and consultants in the due diligence process to understand a fund manager’s structure, strategy and non-listed real estate business. It also gives insight in a specific vehicle’s strategy, risk processes, management, terms and projected performance. With it, investors can determine, in principle, whether a proposal fits their investment objectives.
DDQ was updated in July 2018. New version reflects the feedback received from INREV members during a two-month consultation period.
INREV DDQ 2018
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DownloadINREV DDQ 2020 - Impact Investing Appendix
DownloadINREV DDQ 2019 - Tax Appendix
DownloadINREV DDQ 2020 - Debt Vehicles
DownloadINREV DDQ 2020 - Debt Vehicles – Tax Appendix
DownloadINREV DDQ 2014 - Fund of Funds and Multi Managers
DownloadDue Diligence Data Room Guidelines
Published on 16 Jul 2019
The Due Diligence Data Room Guidelines is an additional tool prepared by INREV to make the due diligence process more effective. This framework aims to provide guidance under the form of a table of contents and not to impose a rigid structure.
IQ Article
IQ Article: A see-through asset class
2018 marked the tenth anniversary of the Great Financial Crash. So disastrous for so many, the crash demonstrated the global systematic problems across all asset classes at the time, with the real estate industry being no exception.