INREV appoints its first CEO, launches website and moves into own office

INREV, the European Association for Investors in Non-listed Real Estate Vehicles, has announced the appointment of Judy Hill as its first Chief Executive. The appointment follows INREV’s rapid growth since its formal launch in May this year, and reflects INREV’s commitment to improving liquidity in the non-listed real estate vehicle market.

Commenting on her appointment, Judy Hill said: “I am delighted to be joining INREV, a truly pan-European organisation. INREV’s members have already demonstrated their commitment to the association: now it’s time to start rewarding their good faith by delivering on our objectives.”

Michiel Olland, Chairman of INREV, and Executive Vice President European and Asian Real Estate ABP Investments, one of the world’s largest pension funds, said: “INREV’s growth to date has exceeded my expectations. Judy’s appointment means we can continue to build on our excellent start.”

Judy Hill will be based mostly at INREV’s Amsterdam office. Until recently she consulted for Oxford Property Consultants (OPC) in the UK; before that she was head of research and business development at Chartwell Land, the property arm of European retailer Kingfisher plc.

INREV website goes live
INREV’s website went live this week, at www.inrev.org. The website includes a members only area, with the INREV database of unlisted real estate vehicles. Currently the database covers nearly 200 vehicles; the target for next Spring is around 400. The data is drawn from the Property Vehicles Database, a joint venture between Oxford Property Consultants and Investment Property Databank.

INREV moves to new office
INREV has moved into its own office, in the WTC (World Trade Center) in Amsterdam; previously EPRA (the European Public Real Estate Association) provided office space for the association. Van Dijk & Ten Cate advised INREV in its office search and lease.

Source: INREV

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