We've launched a European information paper that more closely defines the duties and responsibilities of real estate professionals operating in European markets and offers descriptions to ensure transparency, fluidity and accountability to those involved.
The paper emphasises:
- the property fund structure (fund vehicle, portfolio/ assets and property revenues and costs)
- the cash flow
- the operational relationship
- the terms "fund", "asset" and "property management" used to describe property investment related activities, which can often give rise to misunderstanding and misinterpretation. Across Europe functions are sometimes different and terms are used in different contexts.
This publication mainly targets commercial property members in capital markets, agency and brokerage, fund managers, asset and property managers, with a focus on property investment related activities.
Please contact us for further information
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