Nabarro partner secures appointment by EU commission
25 July 2007
Deborah Lloyd, corporate real estate partner at Nabarro, has been appointed by the European Commission to the Expert Group on Open-Ended Real Estate Funds by the Internal Market and Services Directorate General.
The members of the expert group will analyse the current EU market for open-ended, retail-orientated real estate funds, which provide investors with access to professionally managed investments in commercial and other types of property. The group’s task is to examine the barriers to cross-border development of real estate funds. The purpose is to propose recommendations for a regulatory passporting mechanism for real estate funds, as exists for funds in other asset classes.
In total 19 Experts have been selected on the basis of nominations received from a large number of individual applications, and the final group includes representatives from all key EU Member States.
Deborah Lloyd comments: “This is a much sought after industry appointment, and recognises Nabarro as an industry leader in the real estate funds sector. It is an exciting challenge to be involved with The European Commission and at the heart of policy development in this sector.
The purpose of the expert group is to dig deep to expose the barriers to passporting real estate funds and find ways of implementing effective regulation to make this happen.”
For further information, please contact:
Deborah Lloyd
Partner
Nabarro
020 7524 6000
d.lloyd@nabarro.com
Or
Charlotte Tandy
Lansons Communications
020 7566 9706
charlottet@lansons.com
