INREV, the European Association for Investors in Non-Listed Real Estate Vehicles, was established in May 2003 as a new voice for unlisted property funds. Located in Amsterdam, the representative body’s aims are threefold: (a) to increase transparency and accessibility; (b) to promote professionalism and best practice; and (c) to share and spread knowledge. Editor Richard Fleming recently talked with Lisette van Doorn, INREV’s CEO, about the association’s achievements in the five years since formation and about the challenges now facing the unlisted fund sector.

How has the organisation arrived at its present position?

The first step toward greater market transparency was the creation of the INREV Database. Since we started it, in August 2003, coverage of the INREV Database has more than doubl