To encourage the standardisation of investor due diligence in non-listed real estate vehicles.
- 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
|Amilcar Grot (Chair)||Achmea Investment Management BV||The Netherlands|
|Alexander Tilson||Threadmark||United Kingdom|
|Bryony Tomlinson||Lazard & Co Limited||United Kingdom|
|Clement Lasnier||Aviva Investors Real Assets||United Kingdom|
|Hidde Frequin||MN Service Vermogensbeheer||The Netherlands|
|Marsha Sinninghe||a.s.r real estate||The Netherlands|
|Oscar Cuidad Apoliner||Prologis Management Services||The Netherlands|
|Norbert Bol||Blue Sky Group||The Netherlands|
|Sylvia Slaughter||GLP Pte Ltd||Luxembourg|
|Vanessa Cruz-Galarza||AREIM AB||Sweden|
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 2022 - ESG Social Aspects Appendix
INREV DDQ 2022 - Funds of Funds and Multi Manager
INREV DDQ 2020 - Climate Risk Appendix
INREV DDQ 2020 - Impact Investing Appendix
INREV DDQ 2020 - Debt Vehicles
INREV DDQ 2020 - Debt Vehicles – Tax Appendix
INREV DDQ 2019 - Tax Appendix
INREV DDQ 2018
INREV DDQ 2014 - Fund of Funds and Multi Managers
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.
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.