Press Releases

20 November 2024, Amsterdam – Europe’s broken housing market requires around €11.8 trillion to address not just the chronic undersupply of appropriate housing, but affordability and energy efficiency of these homes, according to new research published today by INREV. The paper, entitled ‘Solving Europe’s housing challenge: Aligning institutional capital to public policy ambitions through an industrial housing strategy’, bases its estimate on stated housing policy requirements over the next ten years, alongside the cost of delivery per housing unit reported...

18 September 2024, Amsterdam – With a headline reading of 55.8, the latest INREV Consensus Indicator , confirms the much-anticipated recovery for the European non-listed real estate investment market. This represents the third consecutive quarterly improvement since the indicator first exceeded 50 in March 2024. Four of the five subindicators show positive improvement. At 59.5, the investment liquidity subindicator registered the most significant uptick for the second consecutive quarter, rising sharply from 32.0 a year ago. The only reading just...

20 July 2024, Amsterdam – INREV has announced the appointment of Casper Hesp as its new CEO. Casper joins INREV from Achmea Real Estate, where he was Director, Investment Management. He was responsible for Achmea’s investment management team and has extensive experience of the efficient management of funds, separate accounts and international investments. Casper brings a wealth of expertise of the non-listed real estate industry gained over 17 years. Before joining Achmea Real Estate, Casper was with INREV between 2007...

26 June 2024, Amsterdam – In 2023 institutional investment in residential real estate hit 22.7% as a share of total assets under management (AUM) within the INREV Annual Fund Index, up from 6.6% in 2013, according to new research published by INREV. It has moved from being the smallest to the largest major sector across single sector funds while office and retail have contracted. At the same time residential allocations in the multi sector funds have also notably increased. The...

19 June 2024, Amsterdam – The latest INREV Consensus Indicator, designed to capture market sentiment and turning points, showed a second consecutive improvement with a headline reading of 53.6. This is a notable increase from the 50.2 reported in March 2024 and suggests that the European non-listed real estate market may be close to the start of a recovery. Four of the five sub-indicators now exceed 50, with the economic sub-indicator increasing to 56.1. New development was the only exception...

06 June 2024, Amsterdam – INREV’s Management Board has appointed two new members, following approval from the association’s membership at its Annual General Meeting on 30th May. They will join four re-elected board members. Joining the Management Board for the first time are Minna Merilainen, CNP Assurances SA, and Jessica Hardman, DWS. Minna Merilainen is responsible for real estate and infrastructure debt investments at CNP Assurances SA. She has also held various senior positions within other large European insurance companies...

Top 10 managers globally reached €1.9 trillion AUM (€1.8 trillion in 2022) 29 May 2024, Amsterdam – Total global real estate assets under management (AUM) fell to €3.7 trillion [1] in 2023, a 3.8% decline from the €3.9 trillion reported at the end of 2022, according to the Fund Manager Survey 2024, published today by ANREV, INREV and NCREIF. The decrease marks a second consecutive year of contraction for the global non-listed real estate industry, following the peak of €4.1...

24 April 2024, Berlin – Fund managers raised a minimum of just €117 billion for non-listed real estate globally in 2023, according to the Capital Raising Survey 2024, published today by ANREV, INREV and NCREIF. This is the lowest volume of capital raised since 2015, with activity falling across all global regions. It represents a decline of more than 50% from the minimum of €246 billion raised in 2022. This lacklustre performance was most likely driven by a combination of...

26 March 2024, Amsterdam – INREV has today announced that CEO, Lonneke Löwik, will be stepping down this August. During her six plus years at the helm, Löwik has driven the expansion of INREV, growing its membership base by 23%, now encompassing over 125 institutional investors, and evolving the scale, quality and scope of its services. She pioneered the integration of data and research providing members with better quality and more granular analysis capabilities. Löwik has also driven the revision...