24 Jul 2020

A high level summary of what's being discussed in recent committee meetings:

  • The committee are incorporating the Guiding Principles into the Code of Practice for 2020. This will be available shortly.
  • The committee are drafting guidance on the Code of Practice compliance reviews

Short Term Objectives

To ensure members were aware of the new Guiding Principles and the related changes to the Code of Practice for 2020.

Long Term Objectives

To ensure the Code of Practice was relevant to a wider arrange of fund members

Next meeting: 8th July 2020

View more on the committee here.


Adrian Benedict

Adrian Benedict

Investment Director, European Real Estate, Fidelity

Adrian is the current Chair of the Association of Real Estate Funds, and previously Chaired the AREF Corporate Governance Committee.

Adrian currently holds the position of Head of Real Estate Solutions at Fidelity International. He is responsible for delivering new client solutions, innovation and overall business development activities. Adrian has been advising and working within the real estate industry for more than two decades.

Having originally trained as a Civil Engineer he qualified as a Chartered Accountant with PWC before joining UBS Investment Bank. During this latter role he specialised in providing M&A, IPO and debt advice for listed property companies across the globe. For the latter half of his career, Adrian has worked in real estate asset management roles covering capital raising, fund structuring and debt financing. He is a passionate advocate for real assets and the important role it can play as part of a long term savings solution but also how the industry can improve to deliver its benefits to a wider client audience