12 Sep 2022

AREF's Paul Richards recently attended a call of AIFA, which includes associations from Australia, Canada, France, the UK and the USA.  We covered hot topics in each of our jurisdictions and there was a useful discussion on how other jurisdictions handle getting DC savings into illiquids and what lessons the UK can learn.  We also discussed the idea of a jointly-sponsored MSCI global property index.  In early 2023 we are planning a face-to-face meeting, possibly in London. 

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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.

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