Keith O’Donnell, partner at ATOZ Tax Advisors in Luxembourg, presents on the implications of the new Luxembourg-France Double Tax Treaty for the non-listed real estate industry.
This session, led by Renaud Breyer, EY, and Barbara Flusk, Citco Fund Services, examines the current market practices in fees and expense metrics and their related disclosures as well as presenting the new Total Global Expense Ratio (TGER) – the first globally consistent measure for real estate investment vehicle fees and costs which INREV, ANREV, NCREIF and PREA jointly developed.
The webinar covers:
- INREV Guidelines for calculation and disclosure of fees and expense metrics
- NCREIF PREA Reporting Standards measure of fund fee load
- Global initiative on Total Global Expense Ratio
- Benefits of implementing these guidelines
The webinar will be of interest for investors, fund managers as well as advisors. It will be of particular interest for investment managers who work in fund reporting and those on the product development side who are interested in trends in fee terms and structures.
The IRR Index measures the since inception internal rate of return performance of European closed end non-listed real estate vehicles. Performance is measured net of fees and costs, and is computed on both a pooled return basis and an equally weighted basis.
The INREV Investors Only Seminar is where investors can share investor insights and expertise, exclusively within the INREV investor community. Around 100 investors come together each year to discuss topics specific to investors’ needs.
The flagship event of the non-listed real estate industry. Over 400 senior industry experts, from across Europe and beyond. Leading institutional real estate insights and thought-provoking global perspectives
The INREV German Vehicles Annual Index covers the performance of non-listed real estate vehicles domiciled in Germany on an annual basis.
The 2018 version covers the full year 2017.
Catherine Martougin, Partner at Baker McKenzie in Luxembourg, presents on the General Data Protection Regulation (GDPR) and Anti-Money Laundering (AML) rules. She explores the interaction between the desire to protect personal data in the first regulation and the requirement for disclosure in the second.