Chapter 5

Association
Structure

Back to overview

INREV is a not for profit organisation governed by a Management Board. An office team in Amsterdam and Brussels, headed by a CEO, carries out the daily management of the Association.

The Annual General Meeting (AGM) is composed of all full members of the association. Every full member is entitled to one vote. Academic members have no voting rights.

The Management Board is elected by the AGM. The Management Board, chaired by the Chairman of INREV, is responsible for setting INREV’s strategic direction and overseeing all bodies, activities and affairs within INREV.

INREV Association Structure at year end 2018

 

General Meeting
 

Committees
  • Corporate Governance
  • Due Diligence
  • Performance Measurement
  • Public Affairs
  • Reporting
  • Research
  • Secondary Markets and Liquidity
  • Sustainability
  • Tax
  • Technology and Innovation
  • Training and Education
 
Management Board
Executive Staff
Fund Manager Advisory Council
Investor Platform *
 
Investor Advisory Council *

* The Investor Platform will be replaced by the Investor Advisory Council from April 2019.

Management Board

As at year-end 2018, the Management Board comprised the following members:


Marieke van Kamp (Chair)

NN Group

The Netherlands
Wenzel Hoberg (Vice-Chair) Germany
Guido Verhoef (Secretary) PGGM The Netherlands
Allan Mikkelsen (Treasurer) ATP Real Estate Denmark
Catherine Martougin Baker McKenzie Luxembourg
Catriona Allen LaSalle Global Partner Solutions United Kingdom
Ilkka Tomperi Varma Finland
Isabelle Scemama AXA IM-Real Assets France
James Raynor Grosvenor Europe United Kingdom
Martin Lemke AM alpha Germany
Michael Clarke CBRE Global Investors United Kingdom
Michael Hornsby EY Luxembourg Luxembourg
Thomas Brown LGT Capital Partners USA

Investor Advisory Council

The Investor Advisory Council (IAC) is a group within the Investor Platform (IP) that advises the CEO on current issues affecting the industry in Europe. It helps improve the quality and standards of non-listed real estate vehicles, making them more attractive to global investors.

The Investor Advisory Council convened 4 times in 2018, with 3 meetings held via conference call and one as a live meeting together with the Fund Manager Advisory Council.

The IAC provided valuable input on the Vision Project, the Investor Only Seminar programme, the Business Plan 2019-2021, the Asset Level Index, global collaboration, the Investor Platform and IAC Governance and Investor Definition as well as well as the membership structure and fee discussion.

The IAC nominated Martin Lemke as Chair of the IAC and nominated Guido Verhoef as Co-Chair of the Global Standards Steering Committee.

Membership of the Investor Advisory Council is by invitation only and at the end of 2018 comprised of the following members:


Martin Lemke (Chair)

AM alpha

Germany
Catriona Allen LaSalle Global Partner Solutions United Kingdom
Guido Verhoef PGGM The Netherlands
Ian Gleeson CBRE Global Investment Partners United Kingdom
Ilkka Tomperi Varma Finland
Marco Plazzotta Italy
Marieke van Kamp NN Group The Netherlands
Raymond Jacobs Franklin Real Asset Advisors USA
Patrick Kanters APG Asset Management The Netherlands

Fund Manager Advisory Council

The Fund Manager Advisory Council’s (FMAC) role is to act as a sounding board for the CEO and to provide fund manager input on future initiatives. The FMAC provides INREV with ideas and thoughts from fund managers, as well as feedback on existing and upcoming initiatives. The group met four times in 2017 via three conference calls and one live meeting together with the Investor Only Advisory Council.

The FMAC provided valuable input on the Vision Project, the Business plan 2019-2021, the Asset Level Index, global collaboration, the Management Fees and Terms Study as well as the membership structure and fee discussion.

Membership of the Fund Manager Advisory Committee is by invitation only and at the end of 2018 comprised the following members:


James Raynor (Chair)

Grosvenor Europe

United Kingdom
Antoine de Broglie STAM Europe France
Bernhard Berg Corpus Sireo Germany
Jeff Jacobson LaSalle Investment Management USA
Jo Allen Frogmore Real Estate Partners Investment Managers Limited United Kingdom
John Barakat M&G Investments United Kingdom
Leif Andersson AREIM Sweden
Michael Morgenroth CAERUS Debt Investments AG Germany
Rob Wilkinson AEW Europe United Kingdom
Stein Berge Monsen DNB Real Estate Investment Management Norway