26 Sep 2022

AREF's Paul Richards and Jacqui Bungay recently attended one of the regular meetings of the European Real Estate Forum, which brings together 20 national and international real estate associations from across Europe. 

 

Topics discussed at the meeting included:

  • Reviews of Solvency II in the UK and the EU
  • Commission reviews of AIFMD and the ELTIF
  • The UK Funds Review, notably the LTAF
  • Tax issues affecting real estate
    • UK HMT review of sovereign immunity
    • Commission proposal on shell entities
  • Sustainability
  • UK SDR
  • SFDR and taxonomy update
  • Housing

The next meeting for EREF is on 22nd November. 

Read more about the European Real Estate Forum here.

Author

Paul Richards

Paul Richards

CEO, AREF

Paul is the CEO of AREF.  Before joining AREF in 2020, Paul was Head of the European Real Estate Boutique within Mercer’s investment consulting business for almost 10 years, previously he was Head of Indirect Real Estate Investment and Global Managed Accounts at LaSalle Investment Management, where he was responsible for managing global portfolios of unlisted real estate funds for clients from Europe and Asia Pacific.

He has over 25 years of real estate experience in investment, corporate finance and research, and has advised investors, occupiers and venture capital companies on property portfolio strategy and on financial structuring, including PFI, senior and mezzanine debt and joint venture arrangements. His employers have included LaSalle Investment Management, Cushman & Wakefield and Henderson Investors.

Before coming into the world of real estate, Paul worked in marketing and market research. He originally studied Physiological Sciences at Lincoln College, Oxford and has a Master of Science in Real Estate from City University Business School, London, now Cass Business School.