Chapter 6
INREV
Committees
The INREV Committees are the driving force behind the ideas, projects and publications that the association generates to improve the transparency, governance and education of the European non-listed real estate industry. At the end of 2019, INREV had 10 committees.
Each committee and focus group has a clearly defined purpose, and members are selected based on their experience and expertise. INREV’s committees are made up of a rotating membership of INREV members.
Goal: To encourage the standardisation of investor due diligence in non-listed real estate vehicles.
 Jaap van der Bijl (Chair) |
 Altera Vastgoed |
 Netherlands |
| Richard Swart (Vice-Chair) | The Netherlands | |
| Adrian Bamert | Pensimo Management | Switzerland |
| Amilcar Grot | Blue Sky Group (KLM) | The Netherlands |
| Austin Mitchell | Nuveen Real Estate | United Kingdom |
| Chris Goodeve-Ballard | Aon Hewitt | United Kingdom |
| Dirk Bootsma | PATRIZIA Immobilien | The Netherlands |
| Maximilian Brauers | DWS Alternatives GmbH | Germany |
| Sophie Chateu | LBO France | France |
Goal: To encourage the standardisation of investor due diligence in non-listed real estate vehicles.
|
Jaap van der Bijl (Chair) |
Altera Vastgoed |
Netherlands |
| Remco Rothkrantz (Vice Chair) | Kempen & Co | The Netherlands |
| Adrian Bamert | Pensimo Management | Switzerland |
| Austin Mitchell | TH Real Estate | United Kingdom |
| Chris Goodeve-Ballard | Aon Hewitt | United Kingdom |
| Dirk Bootsma* | PATRIZIA Immobilien | The Netherlands |
| John Harding | BlackRock | United Kingdom |
| Richard Swart | PGGM | The Netherlands |
| Sophie Chateu* | LBO France | France |
| Thomas Gsaenger | Allianz Real Estate | Germany |
Goal: The aim of the committee is to establish a unified view of ESG, increasing understanding of all three aspects, environmental, social and governance, and to promote robust standards of corporate governance that integrate all these aspects for non-listed real estate vehicles. This will help the industry more effectively integrate ESG factors into the real estate investment decision-making process.
|
Christopher Wright (Chair) |
Norges Bank Real Estate Management |
Norway |
| Abigail Dean | Nuveen Real Estate | United Kingdom |
| Anne Niemi | Varma Mutual Pension Insurance Company | Finland |
| Barbara Maltha-Koppelman | CBRE B.V. | The Netherlands |
| David Ironside | LaSalle Investment Management | Germany |
| Derk Welling | APG Asset Management | The Netherlands |
| Douglas Crawshaw | Willis Towers Watson | United Kingdom |
| Joep Ottervanger | Loyens & Loeff | The Netherlands |
| Klaus-Dieter Schmidt | Jamestown US-Immobilien GmbH | Germany |
| Maaike Hof | MN Services Vermogensbeheer | The Netherlands |
| Nicole Braun | Catella AB | Germany |
Goal: To define standards of performance measurement for non-listed real estate vehicles, to support the creation of suitable indices for peer-to-peer and market comparison and to further increase transparency and accessibility to non-listed real estate industry.
|
Rob Courtens (Chair) |
Blue Sky Group |
Netherlands |
| Boris Kuzmin | ATP Real Estate | Denmark |
| Casper Hesp | Syntrus Achmea Real Estate & Finance | The Netherlands |
| David Baskeyfield | LaSalle Investment Management | United Kingdom |
| David Hedalen | Aberdeen Standard Investments | United Kingdom |
| Douglas Rowlands | AEW Europe LLP | United Kingdom |
| Katie Smith | CBRE Global Investors | United Kingdom |
| Nick Blakemore | M&G Real Estate | United Kingdom |
| Robert Wagenaar | Bouwinvest | The Netherlands |
| Stafford Biddulph | Rockspring Property Investment Managers | United Kingdom |
Goal: To guide the development and implementation of a public affairs programme that ensures European regulators and policy makers are aware of the contribution and importance of non-listed real estate investment to economic growth and job creation in Europe. The committee also actively supports the engagement of the INREV public affairs team in Brussels with stakeholders to promote the interests of the industry in regulatory consultations and policy initiatives.
|
Catherine Martougin (Chair) |
Baker McKenzie |
Luxembourg |
| Oliver Krieg (Vice Chair) | Allianz Real Estate GmbH | Germany |
| Claude Niedner | Arendt & Medernach | Luxembourg |
| Friedrike Werner | DWS Alternatives GmbH | United Kingdom |
| Julia Martin | JLL | United Kingdom |
| Niels Kokkeel | CBRE Global Investors | The Netherlands |
| Paolo Alonzi | Aberdeen Standard Investments | United Kingdom |
| Robert White | EY | Luxembourg |
| Ursula Federsel | Invester United Benefits | Austria |
| Veronica Sommerfeld | AREIM AB | Sweden |
Goal: To improve the consistency and presentation of information and encourage greater transparency in reporting to investors and the market in general.
|
Renaud Breyer (Chair) |
EY |
Luxembourg |
| Bobbi Jean Breboneria | KPMG | Luxembourg |
| Hugo Monster | CBRE Global Investment Administration B.V. | The Netherlands |
| John Ravoisin | PwC | Luxembourg |
| Lucy Fletcher | Quadreal Property Group | Canada |
| Mark Reid | LaSalle Investment Management | United Kingdom |
| Martijn Heerschop | Deloitte | The Netherlands |
| Matthias Pilz | Allianz Real Estate | Germany |
| Pascal Brayeur | BNP Paribas REIM | Luxembourg |
| Pierre Semont | AXA IM - Real Assets | France |
| Sebastian Degrandi | Prologis Management Services S.a.r.l. | Luxembourg |
Goal: To stimulate and undertake research in the field of non-listed real estate vehicles, ensuring it is useful to INREV members. INREV research is seen by many as the industry standard in the non-listed real estate funds sector.
|
Maarten Jennen (Chair) |
PGGM N.V. |
The Netherlands |
| Felix Schindler (Vice Chair) | Warburg - HIH Invest Real Estate | Germany |
| Andre Eglitis | Corpus Sireo Real Estate GmbH | Germany |
| Charles Conrath | Quadreal Property Group | United Kingdom |
| Hans Vrensen | AEW Europe LLP | United Kingdom |
| Iryna Pylypchuk | FIL Investments International | Germany |
| Jarek Morawski | Grosvenor Europe Limited | United Kingdom |
| Mark Long | Orchard Street Investment Management LLP | United Kingdom |
| Olafur Margeirsson | Zurich Insurance | Switzerland |
| Rutger van der Lubbe | APG Asset Management | The Netherlands |
| Zoltan Szelyes | Credit Suisse Asset Management | Switzerland |
Goal: The goal of the secondary markets and liquidity committee is to formulate standardised language for use in the documentation of non-listed real estate vehicles. This will help to increase liquidity, which will in turn stimulate the creation of a secondary market.
|
Alistair Dryer (Chair) |
LaSalle Global Partner Solutions |
United Kingdom |
| Thomas Kallenbrunnen (Vice Chair) | PGIM Real Estate | Germany |
| Ashley Marks | Capra Global Partners | United Kingdom |
| Casper van Grieken | CBRE BV | The Netherlands |
| Dimme Lucassen | Aberdeen Asset Management | United Kingdom |
| Kilian Toms | Landmark Partners | United Kingdom |
| Paul Jackson | Accord Group Holdings | United Kingdom |
| Sander Veltman | Syntrus Achmea Real Estate & Finance | The Netherlands |
| Sonia Gonzalez Valverde | Shell Asset Management Co | The Netherlands |
Goal: To increase market knowledge of the tax aspects of European non-listed real estate vehicles, to explore ways to optimise the performance of European real estate funds and other vehicles through the harmonisation of tax structures, and to monitor and provide input on tax-related regulatory developments affecting European non-listed real estate structures.
|
Keith O’Donnell (Chair) |
Atoz SA |
Luxembourg |
| Anna Burchner (Vice Chair) | CMS | United Kingdom |
| Alice Dessart | Colony Capital | Luxembourg |
| Eline van Impe | AG Real Estate | Belgium |
| Gwen Hassert | UBS Asset Management | The Netherlands |
| Henk de Graaf | Deloitte | The Netherlands |
| Nina Grunow | P+ | Denmark |
| Nisha Raghavan | EQT Partners UK Advisors II | United Kingdom |
| Remko van Hijum | Bouwinvest | The Netherlands |
| Ronan O’Donoghue | Heitman Real Estate Investment Management | United Kingdom |
Goal: Continue to refine and perfect the INREV Training and Education programme to meet the specific development needs of the non-listed real estate industry.
|
Matthew Ryal (Chair) |
Accord Group Holdings LLC |
United Kingdom |
| Albert Yang | Harrison Street Real Estate Capital LLC | United Kingdom |
| Alice Wilcox | CBRE GIP Holding BV | United Kingdom |
| Eoin Bastible | UBS Global Asset Management | United Kingdom |
| George Theuvenet | Bouwinvest Real Estate Investors | The Netherlands |
| Harm Zwier Medendorp | TKP Pensioen Real Estate Fonds | The Netherlands |
| James Morrow | DWS | United Kingdom |
| Marcus Cieleback | PATRIZIA Immobilien AG | Germany |
| Simone Pozzato | Hines | United Kingdom |
| Stefan Goebel | Allianz Real Estate GmbH | Germany |
Goal: To further develop INREV’s position on technology in the non-listed real estate industry. Drive the industry forward by investigating the current and future challenges and opportunities for the non-listed real estate industry. Foster a dialogue between investors, advisors, specialists, and fund managers to increase knowledge and market transparency. The committee will investigate what current technologies are available, how are they used, and what their implications are for the industry.
|
Alexander Taft (Chair) |
Invesco Real Estate Europe |
Germany |
| Thijs van Gelder (Vice Chair) | PGGM | The Netherlands |
| Bahram Motamedian | USAA Real Estate Co | United States of America |
| Gerald Kremer | Credit Suisse Asset Management | Switzerland |
| Imran Nasir | LaSalle Investment Management | United Kingdom |
| Jack Sibley | Nuveen Real Estate | United Kingdom |
| Michiel Moll | NN Group | The Netherlands |
| Richard Gerritsen | Yardi Systems BV | The Netherlands |
| Vincent van Gerven | Bouwinvest | The Netherlands |
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