The European association for investors in non-listed real estate vehicles (Inrev) has appointed Johan van der Ende as its new chairman. Van der Ende (48) is chief investment officer for strategy and structured investments at Dutch pension fund PGGM, which has real estate assets under management of about EUR 12 bn.
The European association for investors in non-listed real estate vehicles (Inrev) has appointed Johan van der Ende as its new chairman. Van der Ende (48) is chief investment officer for strategy and structured investments at Dutch pension fund PGGM, which has real estate assets under management of about EUR 12 bn.
'The Inrev funds database and index are the anchors of what the association is trying to achieve in terms of market benchmarking and comparability between funds. I intend to make the development and quality of the database and the Inrev Index a key focus of my work,' Van der Ende said at Inrev's annual conference in Madrid. He added that the implementation of Inrev's professional standards and guidelines - and their adoption by the industry - together with the roll-out of a training and education programme, are two other areas of strategic focus in 2007.
Van der Ende succeeds Michiel Olland who has been Inrev chairman since its inception in May 2003. Olland was formerly executive vice-president for real estate in Europe and Asia-Pacific at Dutch pension fund ABP, which currently has property assets under management of over EUR 25 bn. Since February 2006, he has been director Southern Europe/new markets at SNS Property Finance in the Netherlands.
