INREV appoints Lucy Fletcher as new Chair

INREV, the European Association for Investors in Non-Listed Real Estate, has named Lucy Fletcher as its new Chair. 

Lucy Fletcher - new chair of INREV

Fletcher, who has been on the INREV board since 2021, brings extensive global real estate experience.
As a fund manager at CBRE Investment Management, Fletcher oversees fund strategy and performance. Her prior experience includes leadership roles at QuadReal, Bank of America Merrill Lynch, and JLL.
Joining Lucy Fletcher on the INREV Management Board are three new members: Robert-Jan Foortse (APG Asset Management), Dennis Lopez (QuadReal), and Mahdi Mokrane (PATRIZIA). Rainer Komenda (Bayerische Versorgungskammer) has also been reappointed for another three-year term.
Commenting on her appointment, Lucy Fletcher said: “It has been a pleasure to serve on the INREV board over the past five years, and I’m thrilled to now take on the role of Chair. I look forward to working closely with the INREV Board, the team, and the wider community as we continue to drive transparency, a priority that’s more critical than ever in today’s evolving real estate landscape”
Commenting on the appointments, INREV CEO Casper Hesp said: “Lucy has been a dedicated and valued member of the Management Board, and we’re delighted to see her now taking on the position as Chair. The real estate sector is becoming increasingly globalised, diversified, and cross-sectoral. Against this backdrop, we are tasked with providing support to our members that reflects this change, from offering access to global indices and standards to providing insights beyond traditional fund strategies, such as on operational and direct investment.”
INREV represents investors in non-listed real estate, comprising 504 members whose investments contribute €385 bn to Europe's economy. Its membership includes major institutional investors, investment managers, banks, and advisors, representing a €3.7 tn industry.