Message from the CEO
As the industry gets back to business after the summer break, I’m pleased to report that we have gained momentum on a number of important priorities for the Association. Just before the summer, we held our first training course as well as a seminar at New York’s Harvard Club. The positive feedback we received from our North Americanbased members and guests reinforces the role that INREV can play in promoting the non-listed industry outside of Europe.
The trip to New York also provided an opportunity for collaboration with the REIS standards, which were developed by NCREIF and PREA and play a similar role to the INREV Guidelines in North America. We’ve worked together with them to compare the two sets of guidelines to take the next step in providing continuity for investors as they move between the two regions.
However, our larger Professional Standards project is the release of the INREV Guidelines White Paper this month. This follows more than 18 months of work by our various committees, working groups and project groups to review and revise the Guidelines to ensure they continue to be fit for purpose in this changing market.
We now need your help during this consultation period to provide feedback so we can finalise and publish the new Guidelines at the Annual Conference next year. I would encourage you to join one of a series of workshops that are being held in London, Stockholm, Amsterdam, Frankfurt and Munich in November. Alternatively, we also welcome individual feedback.
It is also good to report that membership continues to grow. We are now at 354 members, which is a record number for the Association. Importantly, we have maintained the same ratio of investors to fund managers through this growth, which ensures the balance of representation of these member groups.
I’m very pleased with the progress INREV has made so far this year. I hope you feel the same, and with the annual membership survey being distributed to members this month, I would encourage you to let us know your views on INREV’s activities and achievements.
