ANREV makes three appointments

The Asian Association for Investors in Non-listed Real Estate Vehicles (ANREV) has appointed Alan Dalgleish as its new chief executive, as incumbent Jeremy Stewardson moves to a strategic consulting role with the non-profit organization, according to a statement.

Stewardson has served as the executive director of ANREV for four years, during which time the organization grew from 27 members to its current 187. Dalgleish joined ANREV in January 2012 as director of research and professional standards, when he took responsibility for growing the organization’s research output.

Replacing Dalgleish at ANREV is Amélie Delaunay, who joins ANREV from real estate advisory firm CASP-R. She has worked in Asian real estate for eight years, holding positions at consultancies like Ernst & Young, and has started informally at ANREV. All three appointments will be effective from January 1.

“The association has grown from strength to strength under Jeremy’s leadership,” ANREV chairman Nick Loup said in the statement. “His new role will reinforce our relationships with our European members and our sister organization in Europe while extending our reach into our Asian membership base, especially within the institutional investor communities of Japan, Korea and Australia.”

Dalgleish’s primary responsibilities as the new chief executive will be to continue to grow ANREV’s membership base and “ensure the association remains the leading voice for the non-listed real estate industry in the Asia-Pacific region.”

“The association’s business plan for the next two years calls for an increasingly global approach to our output and services,” ANREV deputy chairman Willem de Geus said in the statement. “I am confident that Jeremy and Alan together will deliver additional benefits for members of the association as it enters a new and exciting growth phase.”

At the annual ANREV conference, the organization announced the initial results of the Global Fund Index it is compiling jointly with INREV and the National Council for Real Estate Investment Fiduciaries, showing that returns have improved for core vehicles over 2013 so far. The index officially will be released in April.

“It is through these efforts that the association can benefit the entire industry,” de Geus added. “By improving transparency and best practices, we can attract more capital to the industry.”