Monthly Newsletter 2020

 

Welcome to the AREF Newsletter, this gives you a snapshot of the work we have been doing throughout July.

This month we welcome our new Chair, Adrian Benedict, Head of Real Estate Solutions at Fidelity International. We would like to extend our thanks to Deborah Lloyd, our former Chair, for her service to AREF and we are delighted to retain the benefit of her counsel as a Board member.

We are also pleased to announce a new board member, Anne Breen, Head of Investment Strategy at Aberdeen Standard. View the extended article below for more information.

We hope you are all keeping safe and healthy and enjoy a bit of sunshine over the school holidays. 

Many of our news items are for members only so please create a loginThis will also allow you to book on our events. 

 

The first hundred days (give or take a hundred)

Paul Richards, MD takes stock on the the first 200 days since he joined AREF.

Read more...

Interview with Adrian Benedict, the new Chair of AREF

Watch an interview with Adrian, discussing his plans and the vision for AREF

Click to view

Brexit Update

The FCA and ESMA confirm the status of Memoranda of Understanding in the case of a no-deal Brexit.

Read more...

PFI Performance data for Q2 2020 released

View the Q2 results of the MSCI/AREF UK Quarterly Property Fund Index

Click to view

Join the FutureGen Network

AREF is committed to investing in our future! We have over 400 future generation members in our Network. If you would like to join and receive updates on events and industry news, click below.

Join today!

Join our LinkedIn Member Forum

Keep up with all the latest news through our secure LinkedIn Member Forum. This Forum is exclusively for AREF members and is a great way of keeping up-to-date with news and events. Follow the link and click ‘Join’.

Join today

News

30 Jul 2020
CREFCE Young Leaders are holding a Women In Leadership event

CREFCE Young Leaders are holding a Women In Leadership event which they have kindly invited the AREF FutureGen Network to attend.

News Article
30 Jul 2020
Post-event materials: Implications on financing real estate holding structures in a post COVID world

Listen to a recording of the discussion and view audience poll results.

Post-event Materials
29 Jul 2020
FCA rules and fund suspensions due to material valuation uncertainty

Click to read which type of funds are affected by new FCA rules on fund suspensions due to material uncertainty.

News Article
29 Jul 2020
EU consultation on ESG disclosure 

This will directly affect managers regulated under the EU AIFMD and indirectly affect EU insurance companies and occupational pension schemes that are major investors into ...

News Article
29 Jul 2020
AREF CTI & Expense Ratio Working Group

Click to view an update on the CTI template which can now be used for closed-ended real estate funds and real estate debt funds.

News Article
24 Jul 2020
Liquidity Management Contingency Plans

AREF has produced a template which AFMs can use as a basis for their requests for information from intermediate holders.

News Article
23 Jul 2020
Request for final comments - AREF’s response to HMT/UK Statistics Authority’s RPI Reforms Consultation

Deadline for final comments is Monday 17 August

Active Consultation
16 Jul 2020
Post-event materials: Member Discussion on Industry Consultation ‘ESA’s ESG Disclosure'

View post-event material from this member discussion, including slides and recording

Post-event Materials
14 Jul 2020
Post-event Materials: COVID-19 – Real Estate Experiences from across the Globe - 14th July 2020

Click to view the recording of this event.

Post-event Materials
09 Jul 2020
FCA to consult on open-ended daily dealt property funds

Chris Woolard, Interim Chief Executive at the FCA gave a speech announcing the FCA’s intention to openly consult on potential policy options to better manage the liquidity ...

News Article
02 Jul 2020
Blog: The Professional Investor Fund (PIF) - A fund management perspective

A fascinating insight into the PIF from Emma Cullen, Chief Operating Officer at Fiera Real Estate

Blog
02 Jul 2020
Post-event materials - AREF/IPF Webinar: PIF Proposal Explained

View the post-event materials for this event, including slides and recording.

Post-event Materials

Our online events!

Gain some valuable hours of CPD whilst working from home! View our selection of previously filmed events which cover a range of subjects that remain highly topical, including the very popular Social Impact Investing events

View online events

 

Upcoming Events

24 Sep 2020 London
Investor Webinar - in association with Real Estate Investors' Forum and PropertyMatch
Webinar
30 Sep 2020 London
AREF FutureGen Network Educational Series - Event 1: Investment Management sponsored by Carey Olsen
FutureGen event

 

 

Committee Updates

24 Jul 2020
Corporate Governance Committee - Update

The committee is working on: Incorporating Guiding Principles into the AREF Code of Practice for 2020. Click for more info.

Committee Update
23 Jul 2020
Education & Training Committee - Update

The committee is working on: Delivering an events programme for 2020/ 2021. Click for more info.

Committee Update
24 Jul 2020
ESG & Impact Investing Committee - Update

The committee is working on ESG metrics reporting. Updates to AREF's Code. Social Impact Investing events. TCFD reporting requirements. Click for more info.

Committee Update
23 Jul 2020
FutureGen Committee - Update

The committee has written a whitepaper looking at young professionals' views about working remotely during and after the crisis. The Committee are working on the Educationa...

Committee Update
24 Jul 2020
Investor Committee - Update

Currently looking at: LGPS Pooling; ESG metrics; BREXIT; and secondary market trading. Also assisting AREF on a paper for investors. Click for more info.

Committee Update
24 Jul 2020
Public Affairs Committee - Update

The Committee is looking at fund liquidity management, Brexit, and the Professional Investor Fund. Click for more info.

Committee Update
24 Jul 2020
Research & Information - Update

The Committee is assessing MSCI’s proposal to change the methodology for index calculations. Also it is commissioning a research project for 2020. Click for more info.

Committee Update
24 Jul 2020
Retail Funds Committee - Update

The Committee is considering the impact of FCA PS19/24, fund liquidity, retail funds index and availability of PAIFs on platforms. Click for more info.

Committee Update
23 Jul 2020
Tax Committee - Update

The Committee is liaising with HMRC on draft guidance on NRCGT, and requirements the 'Making Tax Digital' initiative, as well as tax measures in the Spring Budget. Click ...

Committee Update

 

The Association of Real Estate Funds (AREF) is the body that represents the interests of its fund managers, those firms that advise and support them and the end-investors. For further information, please visit our website.