ANREV and INREV aim to improve transparency and promote best practice and professionalism in the non-listed real estate industry. INREV has developed an integrated set of principles and recommendations including tools and examples for governance and information provision for fund managers and investors of non-listed real estate vehicles.

ANREV endorses the INREV Guidelines in the Asia Pacific region and work to promote and encourage their practice.


  • The INREV Due Diligence Questionnaire (DDQ) for debt vehicles provides a standardised framework, helping investors to achieve a high level of scrutiny when entering a vehicle for the first time. To help us shape the Debt Vehicle DDQ and further improve your workflow we present an updated version for member consultation. 

    This updated version has been aligned with the generic INREV DDQ issued in 2018 and resembles the same phased approach consisting of three stages: Preliminary, Advanced and Supplementary. 

    It has also been aligned with the terms in the Global Definitions Database to improve its usability across the globe. 

    This consultation period is open for eight weeks, members are invited to provide feedback before 28 October. 

    Please provide your comments to [email protected]

    INREV DDQ Debt Vehicles 2020 - Consultation PaperDOCX
    INREV DDQ Debt Vehicles 2020 Tax Appendix - Consultation PaperDOCX

Do you have a question?

For further information, please don't hesitate to contact us.

Amélie Delaunay
Research and Professional Standards

Professional Standards Committee

The Professional Standards Committee is focused on promoting best practice and professionalism by encouraging more consistency and greater transparency in fund reporting for the Asian non-listed property funds sector.