Inrev, the European Association for Investors in Non-Listed Real Estate Vehicles, said on Thursday that it has made three new appointments to its management board. The new members further align the board with Inrev's membership by both increasing its UK representation and also including the first adviser member on the board.

Inrev, the European Association for Investors in Non-Listed Real Estate Vehicles, said on Thursday that it has made three new appointments to its management board. The new members further align the board with Inrev's membership by both increasing its UK representation and also including the first adviser member on the board.

The new appointments are: Michael Morgenroth, Management Board Member, Gothaer Asset Management, Germany; Jeff Jacobson, Chief Executive Officer, LaSalle Investment Management, UK; and Deborah Lloyd, Partner, Nabarro LLP, UK.

The appointments also ensure continuity within the board, as many of the original members will have served their maximum term over the next few years and so must step down, Inrev said.

Jan-Willem de Geus, managing director of Morgan Stanley and founding member of Inrev, has stepped down from the board following his relocation to Singapore.