As most of you know, Gail Haynes is retiring as the president of the Pension Real Estate Association (PREA) at the end of this year, after nearly 31 years at the helm. (Zoe Hughes, CEO of PREA since March 2025 and the former CEO of NAREIM, is in the process of stepping into her shoes.)
PREA was founded in 1979, in large measure to advocate for the clarification of ERISA’s plan asset rules.
Since then, PREA’s mission has evolved to include:
Educating members through conferences, webinars and workshops
Conducting and sponsoring research on market trends, investment performance and economic impacts
Advocating for policies and practices that benefit institutional real estate investors
Promoting diversity, equity and inclusion within the industry through the PREA Foundation
Many of you probably can’t recall a time when Gail wasn’t leading the industry association; she’s been the leader of PREA for more than hal