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INREV position paper on the European Commission targeted consultation on macroprudential policies for non-bank financial intermediaries INREV. 

On 11 December, INREV filled its response to the UK HMT Call for Evidence on Financial Services Growth & Competitiveness Strategy welcoming the Government’s efforts to create a regulatory and market environment that fosters growth, competitiveness, and sustainability.

Download INREV, EPRA and RICS paper presenting a detailed timeline for the implementation of the Energy Performance of Building Directive (EPBD), outlining key milestones, deadlines, and the responsibilities of the European Commission and member states in enforcing and transposing the directive.

Susan van de Koppel-Nagelmaeker, Portfoliomanager at Amvest, presented De Trappenberg – Living and Care Fund: a case study of developing sustainable and impactful senior housing. Susan was followed by Anna Olink, Director, Real Estate Engagement – EMEA at GRESB, who provided insights into 2024 GRESB Annual Survey results on investment in senior housing.
The briefing, held in collaboration with EPRA, was part of European Retirement Week, a flagship platform to debate the future of pensions.

In response to the European Commission targeted consultation on macroprudential policies for non-bank financial intermediaries INREV highlighted the nuances of the LMTs usage to manage redemptions, supported the diversification of CRE debt sources and stressed the importance of better data in policy making. 

The consolidated text of AIFMD Level 1 and 2, as amended by the AIFMD II and other EU legislation prepared by A&O Shearman includes changes from the Securitisation Regulation, Cross Border Funds Directive and SFDR.

Amendments introduced by AIFMD II at Level 1 are highlighted in green (for additions) and red (for deletions), thus precisely indicating AIFMD II's impact and providing a steer for practitioners to navigate the text. Level 2 AIFMD and other Level 2 applicable EU legislation are included in textboxes or are annexed as exhibits.

Rasmus Steiness, Transfer Pricing Senior Director, Nick Crama, Senior Director Tax, and Alistair McLaren, Transfer Pricing Director, from Alvarez & Marsal Tax, presented developments in the interest rates and financial covenants applied by lenders and its interactions with updated guidance on transfer pricing requirements and domestic changes to earning stripping rules.

INREV’s position paper on ESMA Draft RTS and Guidelines on Liquidity Management Tools for funds

Chris Brown, Managing Director, Climatise and co-founder of the London Doughnut Economy Coalition, Lianne Hulsebosch, Sustainable Urban Development Strategist, City of Amsterdam, and Alice Teboul, ESG Manager Property Investments, Columbia Threadneedle explored how Doughnut Economics and the principles of the circular economy can be integrated into the built environment, fostering cities that respect both social and planetary boundaries. 
This event was organised in cooperation with AREF, BBP, BPF, IPF and REIF.