By Catherine MARTOUGIN and Amélie WOLTRAGER, Baker McKenzie Luxembourg
The fund industry has absorbed many regulatory reforms in a decade, most notably with the AIFMD first and the increased level of risk management, monitoring and reporting required from both legislators and professional investors. From a very liberal world of real estate private equity investment in the 2000s to the highly regulated fund industry as we know it today, a number of reorganisation steps have been undertaken and new standards have been set when it comes to the expectations of investors. The 2020s are starting with a massive change of paradigm for the real estate fund industry — not only because of the current pandemic, which will no doubt redefine economies and the globalised...
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