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AREF Annual Awards

Click below to view Winners, Nominees and photos from:
2018 Awards 2017 Awards 2016 Awards 2015 Awards
2014 Awards 2013 Awards  2012 Awards 2011 Awards

The AREF Annual Awards 2019 will take place at the Annual Dinner on Tuesday 24th September 2019 at 8 Northumberland Avenue.  For more information and to book a table, click here.

The Association has made a small number of awards since 2011 to recognise achievement and contribution, by our members and others who support the work of AREF.

The purpose, selection criteria and selection process for the awards are set out below:

Investor Award for Outstanding Achievement

New for 2019, AREF is launching this new Award, open to all AREF Fund Members, to be judged by a panel of key fund investors.

Members are invited to nominate their fund by stating, in no more than 500 words, how their fund excels and why it should be considered for this award. There are three areas to focus on for the award this year: 

  • Governance (candidates should consider more than the AREF Code of Practice);
  • Environmental & Social Impact; and
  • Investor Communication. 

Fund members can make their submission based on any one of these focus areas. Click here for full details on this new award.

Performance: 5-year, risk-adjusted, relative return

Independently calculated by MSCI, this award is for the Fund that has produced the best risk-adjusted return over a 5-year period to the end of the second quarter, relative to the AREF/IPD UK Quarterly Property Fund Index (UK PFI).

Performance: 5-year, risk-adjusted, absolute return

To recognise an increasing cohort of Funds that participate in the UK PFI but have a return objective that is independent of it. Again independently calculated by MSCI, this award is for the Fund that has produced the best risk-adjusted return over a 5-year period to the end of the second quarter, in absolute terms.

Reporting Transparency

A central tenet of AREF’s philosophy, and a key element of our Code of Practice, is a requirement for transparency of reporting. This award is based upon Code compliance reviews carried out by the AREF secretariat during the year. These reviews cover both new member funds and a varied sample of existing funds. The final selection of the nominees and winner is carried out with the support of members of our Investor Committee to whom we extend our grateful thanks.

Affiliate of the Year

This award recognises the invaluable support many of our Affiliate member firms provide to the association in a variety of ways. Although this is often manifest through the efforts of one or two individuals, the award is to the firm as a whole, recognising the background support that the individual representatives can draw on. The award is judged on a number of measures, such as significant activity in a key area, hosting of events, or consistent contribution to our affairs over a long period. The selection of nominees and winner is done with input from our Management Committee, the Chairs of specialist committees and working groups, and from our Secretariat.

Outstanding Individual Contribution

This is a discretionary award, decided by the Board, which is not necessarily made each year, but is awarded to an individual who has gone the extra mile in terms of their personal involvement in our affairs and their commitment to the evolution of the association and the industry.


For further information on the AREF Awards please email: