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Cost Transparency Study – Consultation Launch

AREF hosted
Thursday 8 December 2016

08:00 Registration and coffee

08:30 Welcome by INREV and AREF

08:40 Presentation Cost Transparency Study - John Forbes, Consultant, John Forbes Consulting

08:55 Panel discussion - Moderated by Neil Harris, SVP, GIC Real Estate (Europe)

• John Forbes, Consultant, John Forbes Consulting
• Oliver Hamilton, Principal Research Consultant, Aon Hewitt
• Jamie Lyon, European CFO/COO, LaSalle Investment Management
• Anthony Shayle, Global Real Estate Head of UK Debt Managing Director, UBS Global Asset Management

09:45 Conclusions and wrap-up

10:00 End

Cost transparency is an important issue within the real estate sector.
Given its importance and complexity, this study (which is jointly commissioned by AREF and INREV) aims to provide a better understanding of the composition and calculation of selected fee and expense metrics for non-listed vehicles and listed vehicles, with a focus on total expense ratios (TERs).
It is hoped that the findings of the study will increase the information flow in this area and provide greater clarity and transparency for market participants.
Registration and breakfast will be from 8.00am and the seminar will begin at 8.30am.
To book your place, please email:

Arthur J Gallagher
The Walbrook Building, 25 Walbrook