Jelle Bas Boon (Tax Partner) and Maartje Vaandrager (Tax Manager) of Deloitte in Amsterdam, presented on recently announced Dutch tax rules that impact the qualification of real estate investment funds and partnerships.
On 16 August, INREV filed its response to the ESMA consultation on draft RTS under the revised ELTIF Regulation advocating for more clarification in relation to its redemption policy and liquidity management tools, among others
INREV Response to the ESMA consultation on draft RTS under the revised ELTIF Regulation
Heike Schmitz, Partner at Herbert Smith Freehills presented how policymakers’ evolving pragmatic approach is creating opportunities for real estate transition funds with carbon reduction strategies to disclose under SFDR Article 9.
On 3 July, INREV filed its response to the joint ESAs consultation on SFDR Delegated Regulation urging the ESAs to recommend the adoption of sector-specific environmental and social metrics for real estate.
Melville Rodrigues, Head of Advisory Real Assets at Apex Group, explained the proposed UK Reserved Investor Fund (RIF) and the opportunities it presents for real estate investment. Melville was joined by Victoria Wolf, partner in EY’s International Tax and Transaction Services, Real Estate, and Michael Newell, partner in Cadwalader’s Financial Services Group.
INREV and other industry associations developed a position paper for solving challenges arising from SFDR for real estate investments.
Download INREV's latest snapshot on a new closed end Reserved Investor Fund (RIF) for institutional investors.
On 1 June, INREV submitted its response to HMT and HMRC consultation on Reserved Investor Fund (RIF). We urged priority being given to deliverables including the government assessing the Consultation responses and issuing a formal response. We also asked for more clarity as to when RIFs can be launched.
Matt Huggett and Emma Danforth, partners at Allen & Overy in London, presented considerations related to the extension or roll-over of closed-ended real estate funds and creation of continuation funds for existing portfolios or assets.