Regulatory and Tax

One of ANREV's main objectives is to improve the level of knowledge within the membership and the broader industry in Asia on regulatory, legal and tax aspects related to the non-listed real estate industry. In order to help meet this objective, ANREV established a Regulatory Working Group, in 2012, under the auspices of the Professional Standards Committee.

The group monitors and prioritises the main regulatory, legal and tax developments affecting non-listed real estate vehicles in the main relevant Asian jurisdictions (including, to the extent possible, Hong Kong, Singapore, Australia, Japan, China, India and Korea).

The group works with experts from within, and outside, the ANREV memebrship to prepare regular regulatory updates for members and to offer training and workshops on specific regulatory, legal and tax topics.

From time to time, ANREV enters into dialogue with the various relevant regulatory bodies in Asia for the purpose of providing views and industry information and as a means to improve the regulatory and tax environment for non-listed real estate vehicles, As part of this initiative, the Regulatory Working Group has developed a list of priority issues that affect the industry with a view to helping determine ANREV's position and action points.

Working Group members include:

Matthias Feldmann (Chair) Clifford Chance
Ben Brandon-King (D-Chair) Aberdeen Asset Management Asia Limited
Teresa Ao Citic Capital
Ivor Morris KPMG
John Moutsopoulos Norton Rose Fulbright
Pui Ming Lai PGIM Real Estate

To download the latest regulatory and tax newsletter, please click here

The working group welcomes feedback and questions from ANREV members. If you have any questions for or about this working group, or have a topic that you would like the group to address at one of its regular meetings, please contact Amélie Delaunay at