Listen to past recordings
Continuation Funds for Real Estate Fund Managers
Published on 25 May 2023
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.
INREV | GRESB ESG Insights in Non-listed Fund Performance
Published on 17 May 2023
Tax & Regulations Guide 2023
Published on 26 Apr 2023
Updated Country-by-Country Guide
Lilian Palliser, Senior Tax Associate at PwC in Amsterdam presented an overview of the most significant changes in the Country-by-Country Tax and Regulations Guide.
ESG Mapping Report
Published on 11 Apr 2023
INREV, PRI and ULI have embarked on a journey to map and compare the most important global ESG regulations, standards and certifications and to assess each of them in relation to the E, S and G components. Join us to find out more about the results of this project, the ESG Mapping Report.
Pratical Implementation of the INREV Guidelines
Published on 31 Mar 2023
European developments in beneficial ownership
Published on 23 Feb 2023
Tijmen Cabollet, Senior Manager, Real Estate & Investment Fund taxation at PwC presented on the European developments in beneficial ownership court decisions and their impact on the real estate investment.
ELTIF - Objectives and Current State of Play
Published on 27 Jan 2023
Francisco Da Cunha, Partner, Real Estate Tax Leader and Benoit Sauvage, Director, RegWatch, Risk Advisory at Deloitte Tax & Consulting in Luxembourg presented the most recent ELTIF updates and how they might affect the non-listed real estate investment industry.
INREV Public Affairs Overview 2022
Published on 23 Dec 2022
Federica Miano, Public Affairs Manager at INREV, gave an overview of the Public Affairs achievements in 2022 and a preview of next year’s priorities.
Real Estate: Helping to meet Europe’s pension needs
Published on 02 Dec 2022
A joint INREV-EPRA event that featured academic and investor perspectives on how pension funds’ and insurers’ investments in real estate deliver long-term stable income streams that match their pension liabilities. Real estate’s benefits as long-term investments, the diversification value it adds for better risk-adjusted returns and its contribution to the built environment supporting the needs of older citizens were also discussed.
How will SDR affect Real Estate?
Published on 28 Nov 2022
A joint INREV, AREF, BPF, CREFC Europe and IPF briefing where Louisa Chender, head of the Sustainable Finance team at the UK’s FCA discussed the SDR proposals and their implications for real estate.
Update on SDR in the UK Briefing
Published on 27 Oct 2022
Aleksandra Njagulj, Global Head of ESG for Real Estate for DWS in London gave an update on the just released Sustainability Disclosure Regulation proposal in the UK and the expected implications for the non-listed real estate investment industry.
Update on DEBRA, the EU tax incentive to equity finance Briefing
Published on 07 Sep 2022
To encourage more sustainable and less risky growth the EU commission issued a proposal to address the disparity in tax treatment between debt and equity financing (DEBRA). Antoine Dupuis, Partner at Atoz presented on the debt-equity bias reduction allowance (DEBRA) consultation and INREV response. The briefing was moderated by Richard van der Linden, Tax Partner Real Estate at PwC.
EU and UK Solvency II Reviews Briefing
Published on 22 Aug 2022
Jeff Rupp, Public Affairs Director at INREV, gave an update on the EU and UK reviews of Solvency II and the real estate industry’s efforts to introduce more appropriate regulation of insurers’ real estate investments.
Cross-border marketing rules – “mind the gaps” Briefing
Published on 28 Jun 2022
Emily Harmsworth, Counsel at Linklaters LLP in London and Claire Prospert, Partner in the firm’s Luxembourg team, presented on the Cross-border marketing package and ESMA’s Marketing Communications Guidelines
Country-by-Country Tax and Regulations Guide Briefing
Published on 02 May 2022
The Country-by-Country Tax and Regulations Guide has been updated and is available on the INREV website. Lilian Palliser, Senior Tax Associate at PWC in Amsterdam presented an overview of the most significant changes in the past year.
Charting the course of tax changes for real estate investment Briefing
Published on 01 Apr 2022
Antoine Badot, Partner at KPMG Luxembourg presented on the evolving tax landscape for real estate investment in Europe.
UK Funds Regime Review: Implications for the real estate funds sector Briefing
Published on 08 Mar 2022
A joint INREV/AREF/IPF briefing where we looked at the UK government's progress with significant legislative improvements for the real estate funds sector that includes LTAF, QAHC, REIT and the PIF contractual scheme.
SFDR challenges for real estate investment Briefing
Published on 24 Feb 2022
Abigail Dean, Global Head of Strategic Insights, Real Estate at Nuveen presented on recent insights from regulators that can inform our industry’s approach to implementing SFDR.
European Commission Minimum Tax and Fighting the use of shell entities Briefing
Published on 27 Jan 2022
Richard van der Linden, Tax Partner Real Estate at PwC in Amsterdam, presented on the European Commission’s legislative proposal adopting the OECD agreement on minimum tax along with measures for fighting the use of shell entities for tax avoidance explained in the August briefing. Referred to as ‘ATAD 3’, the proposal if adopted could impact tax-related aspects of fund structuring and operation.
UK Long Term Asset Fund Briefing
Published on 24 Nov 2021
Melville Rodrigues, Head – Real Estate Advisory for Apex Group in London, presented on recent developments related to the LTAF.
AML and ATF Requirements for Real Estate Investments Briefing
Published on 28 Oct 2021
Jennifer Burton, Managing Associate in Addleshaw Goddard's Global Investigations team in London provided an update on Anti-Money Laundering (AML) and Anti-Terrorist Financing (ATF) requirements for real estate investments.
Making sense out of the new fund marketing landscape Briefing
Published on 30 Sep 2021
Claire Prospert from Linklaters’ Luxembourg office and Richard Cole from the firm’s London office present on navigating the practical challenges of cross-border distribution of real estate funds under EU Cross-Border Distribution rules and evolving NPPR and MiFID practices.
EC and the fight against the use of shell entities Briefing
Published on 26 Aug 2021
Richard van der Linden, Tax Partner at PwC in Amsterdam, presented on the current European Commission consultation on fighting the use of shell entities and arrangements for tax purposes.
Merger Control Procedures Review Briefing
Published on 24 Jun 2021
Matt Evans, Partner at DLA Piper and John Went, General Counsel at CBRE Global Investment Partners, present on the current Commission review of procedural rules for obtaining clearance and the opportunity it presents for some relief.
Funds Finance Trends and Considerations Briefing
Published on 27 May 2021
Greg Brown and Paul Sampson, partners in Allen & Overy’s London office, presents on trends and considerations in fund financing.
Updated Country-by-Country Guide Briefing
Published on 29 Apr 2021
The Country-by-Country Tax and Regulations Guide has just been updated and is available on the INREV website. Anne-Jet Klaver, Senior Associate Tax at PwC in Amsterdam presents an overview of the most significant changes in the past year.
Opportunities in the UK Funds Review Briefing
Published on 23 Mar 2021
A joint INREV/AREF/IPF briefing where we looked at the details of the proposed new PIF (CS) and LTAF fund structures and the implications they could have for the real estate funds sector, as well other aspects of the call for important input on this consultation.
Cross-Border Marketing Developments Briefing
Published on 23 Feb 2021
Richard Cole from Linklaters’ London office and Claire Prospert from the firm’s Luxembourg office present on the cross-border distribution of collective investment undertakings directive and regulation (CBDF) which apply from 2 August, and also discuss post-Brexit distribution options.
INREV responses to ELTIF and AIFMD Reviews Briefing
Published on 28 Jan 2021
Jeff Rupp, INREV Public Affairs Director, presented on the recent INREV responses to European Commission consultations on AIFMD and ELTIF.
AIFMD Review Consultation Briefing
Published on 19 Nov 2020
Jeff Rupp, INREV Public Affairs Director, presented on the recently launched European Commission consultation on AIFMD.
ESG-related regulatory and policy initiatives Briefing
Published on 15 Oct 2020
Kate Binedell and Matthew Baker, Partners at Bryan Cave Leighton Paisner in London, who presented an update on recent ESG-related regulatory requirements impacting non-listed real estate investment. They were joined by Abigail Dean, Head of Sustainability, Real Estate at Nuveen in London, who discussed some of the practical issues implementing the new regulations present for fund managers.
Proposed Code of Tax Conduct Briefing
Published on 30 Sep 2020
Francisco Da Cuhna (Deloitte) and Keith O’Donnell (Atoz) discussed the structure and substance of the proposed code, and the contribution recommendations and best practices on tax-related matters.
Host AIFMs Briefing
Published on 25 Jun 2020
Rodrigo Delcourt from Arendt & Medernach and Michael Daemgen from Arendt Regulatory & Consulting in Luxembourg present on host AIFMs, including their operating models, services provided to the real estate industry and regulatory parameters.
Open End Fund Pricing 2020 Briefing
Published on 19 Jun 2020
Constantin Sorlescu, INREV, John Ravoisin, PwC, Nick Brown, M&G Real Estate, Robert White, EY and John Forbes, John Forbes Consulting, discussed the recently launched Open End Fund Pricing consultation paper, including a highly relevant section in today’s uncertain times related to pricing policy during exceptional market circumstances.
Emerging Trends in Real Estate Fund Terms Briefing
Published on 28 May 2020
Jan Gruter, Legal Director and Jonathan Powling, Partner (Investment Management Team) and Zoe Connor, Partner at (Banking Team) Addleshaw Goddard present on emerging trends in real estate fund terms.
Total Global Expense Ratio (TGER) 2020 Briefing
Published on 09 Apr 2020
Constantin Sorlescu, Director of Professional Standards at INREV joined by Renaud Breyer, Partner at EY Luxembourg, and Andrew Muscat, COO/CFO at LaSalle Global Partner Solutions, shows you how to calculate TGER, including treatment and allocation of its main components, and how to make the transition from TER to TGER to ensure compliance with the INREV Guidelines.
Liquidity and Pricing in Current Market Circumstances 2020 Briefing
Published on 02 Apr 2020
During the briefing, Constantin Sorlescu, INREV together with Thomas Kallenbrunnen, PGIM Real Estate, Nick Brown, M&G Real Estate, John Ravoisin, PwC and Robert White, EY discuss:
- Liquidity requirements and secondary markets
- Terms and rights of redemptions
- Transparency and disclosures regarding pricing policy
Reporting During Exceptional Circumstances 2020 Briefing
Published on 31 Mar 2020
Constantin Sorlescu, INREV will be joined by John Ravoisin, PwC and Renaud Breyer, EY provide guidance and considerations that may be appropriate for investment managers when reporting to investors in these uncertain times. Also read a short paper filled with reporting considerations related to COVID-19 and which are based on the INREV Guidelines.