Chapter 5
Association
Structure
INREV is a not for profit organisation governed by a Management Board. An office team in Amsterdam and Brussels, headed by a CEO, carry 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 Chair of INREV, is responsible for setting INREV’s strategic direction and overseeing all bodies, activities and affairs within INREV.
As at end of 2019, the office management team comprised the following:
| Chief Executive Officer: Lonneke Löwik |
| Head of Finance and Administration: Paul Boske |
| Member Relationship Manager: Claudia Kapp |
| Director of Public Affairs: Jeff Rupp |
| Director of Professional Standards: Constantin Sorlescu |
| Director of Research and Market Information: Henri Vuong |
| Director of Events and Education: Hedda Hollander |
| Digital Product Manager: Rui Mendes |
| Director of Marketing and Communications: Johlyn Da Prato |
As at year-end 2019, the Management Board comprised the following members:
 Marieke van Kamp (Chair) |
 NN Group |
 The Netherlands |
| Isabelle Scemama (Vice-Chair) | AXA IM Real Assets | France |
| Michael Hornsby (Treasurer) | EY Luxembourg | Luxembourg |
| Guido Verhoef (Secretary) | PGGM | The Netherlands |
| Catherine Martougin | Baker McKenzie | Luxembourg |
| Catriona Allen | LaSalle Global Partner Solutions | United Kingdom |
| Ilkka Tomperi | Varma | Finland |
| James Raynor | Grosvenor Europe | United Kingdom |
| Martin Lemke | AM alpha | Germany |
| Michael Clarke | United Kingdom | |
| Ray Adderley | Nuveen Real Estate | United Kingdom |
| Thomas Brown | LGT Capital Partners | USA |
The Investor Advisory Council (IAC) advises the CEO on current issues affecting the industry in Europe. The IAC helps to improve the quality and standards of non-listed real estate vehicles, increasing their appeal to global investors.
The Investor Advisory Council convened 4 times in 2019, 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 for the Investor Only Seminar and Autumn Conference programme in Venice, the Business Plan 2020-2022, the Asset Level Index and the Global Investor Index and the revised Investor Definition.
Membership of the Investor Advisory Council is by invitation only and at the end of 2019 comprised of the following members:
|
Martin Lemke (Chair) |
AM alpha |
Germany |
| Catriona Allen | LaSalle Global Partner Solutions | United Kingdom |
| Ian Gleeson | CBRE Global Investment Partners | United Kingdom |
| Ilkka Tomperi | Varma | Finland |
| Lucy Fletcher | Quadreal | Canada |
| Mathieu Elshout | PGGM | The Netherlands |
| Patrick Kanters | APG Asset Management | The Netherlands |
The Fund Manager Advisory Council’s (FMAC) role is to act as a sounding board for the CEO and to provide investment manager input on future initiatives. The FMAC provides INREV with ideas and thoughts from investment managers, as well as feedback on existing and upcoming initiatives. The group met four times in 2019 via three conference calls and one live meeting together with the Investor Only Advisory Council.
The FMAC discussed several research projects and provided valuable input the Business plan 2020-2022, the Asset Level Index and the European ODCE index and to the Autumn conference.
Membership of the Fund Manager Advisory Committee is by invitation only and at the end of 2019 comprised the following members:
|
James Raynor (Chair) |
Grosvenor Europe |
United Kingdom |
| Antoine de Broglie | STAM Europe | France |
| Jeff Jacobson | LaSalle Investment Management | USA |
| Jo Allen | Frogmore Real Estate Partners | United Kingdom |
| John Barakat | M&G Investments | United Kingdom |
| Michael Morgenroth | CAERUS Debt Investments AG | Germany |
| Mikkel Bulow | NREP | Denmark |
| Thomas Kallenbrunnen | PGIM | United Kingdom |
| Rob Wilkinson | AEW Europe | United Kingdom |
| Stein Berge Monsen | DNB Real Estate Investment Management | Norway |
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