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FT Property Summit

Description

The FT Property Summit, now in its 12th year, takes place at a time of significant change. Investors, occupiers, lenders and developers will debate the key trends shaping the commercial and residential markets in an economic and technological environment that is creating major challenges for the industry while also presenting opportunities for growth.

From the political and economic uncertainty of Brexit, to the changes taking place in the retail and residential landscape, as well as the ever-increasing demands of the consumer and the crucial need for more housing, experts will discuss the forces defining the market, and whether traditional business models are still relevant. Who is winning amid this disruption? And will the UK remain an attractive location for international investors?

Featuring keynotes from renowned thought leaders, expert panellists and interactive discussions with our senior audience, the FT Property Summit is a leading forum for debate on a rapidly changing industry that remains a key barometer for the overall economy.

Speakers

Sir Terry Farrell CBE

Awarded the Royal Town Planning Institute’s Gold Medal in 2017, Sir Terry Farrell CBE is considered to be one of the world’s most influential architects, planners and urban designers.

During 50 years in practice he has completed many award winning buildings and masterplans including Embankment Place and The Home Office Headquarters as well as millennium projects such as The Deep in Hull and Centre for Life in Newcastle. UK Masterplans include Greenwich Peninsula, Paddington Basin and Newcastle Quayside.

In East Asia, notable projects include Incheon airport in Seoul, Beijing Station and Guangzhou Station in China (the largest in the world). In Hong Kong he has designed the Peak Tower, Kowloon Station development and the British Consulate. Throughout his career, he has championed urban planning and helped shape government policy on key issues. As recognition of this, in 2013 he was voted the individual who made the Greatest Contribution to London’s Planning and Development over the last 10 years. In London, he is the Mayor’s Design Advisor and advises the Department for Transport on high speed rail. He is Design Champion for the Thames Gateway, Europe’s largest regeneration project and masterplanner for the transformation of Holborn and Earls Court.

Sir Terry is a prominent voice in British architecture and planning. In 2014, at invitation of Ed Vaizey, the Minister for Culture, Communications and Creative Industries, Terry and his firm commenced the Farrell Review of Architecture and the Built Environment, to offer expert guidance on the direction of British architecture.

Martin Wolf CBE

Martin Wolf is Chief Economics Commentator and an Associate Editor at the Financial Times. He was awarded the CBE (Commander of the British Empire) in 2000 “for services to financial journalism”. He was a member of the UK government’s Independent Commission on Banking between June 2010 and September 2011. His book The Shifts and the Shocks: What We’ve Learned—and Have Still to Learn—from the Financial Crisis was published by Penguin in 2014.

Mr Wolf is an honorary fellow of Nuffield College, Oxford University, Corpus Christi College, Oxford University and King’s College, London. In 2014, he was made a University Global Fellow of Columbia University, New York and a Senior Fellow in Global Economic Policy at its School of International Public Affairs. He is a member of the International Media Council of the World Economic Forum.

Mr Wolf was joint winner of the Wincott Foundation senior prize for excellence in financial journalism for 1989 and again for 1997. He won the RTZ David Watt memorial prize for 1994 and the “Commentator of the Year” award at the Business Journalist of the Year Awards of 2008. He was placed 15th in Foreign Policy’s list of the “Top 100 Global Thinkers” in December 2009 and the “Ludwig Erhard Prize for economic commentary” for 2009. He won “Commentariat of the Year 2009” at the Comment Awards, the 33rd Ischia International Journalism Prize in 2012 and the Overseas Press Club of America’s prize for “best commentary on international news in any medium” for 2013.

Mr Wolf is also the author of Why Globalization Works (Yale University Press, 2004) and Fixing Global Finance (Washington D.C: Johns Hopkins University Press, and London: Yale University Press, 2008 and 2010). China Business News named Fixing Global Finance its “Financial Book of the Year” for 2009.

Mr Wolf was educated at Oxford University.

Melanie Leech

Melanie Leech joined the British Property Federation as Chief Executive in January 2015, following nine years as Director General of the Food and Drink Federation. Her role is to champion UK real estate and to promote a long-term, sustainable partnership between governments and the sector to deliver a high quality built environment, and to create wealth.

She previously held roles in the Department for Culture, Media and Sport, the Office of the Rail Regulator and the Cabinet Office having joined the civil service (HM Customs) in 1988. She began her working life as a Police Constable in the Metropolitan Police Service.

Ms Leech is Chair of the CBI Trade Association Council and a Fellow of the RSA. In 2015 she was awarded a CBE for services to the food and drink industry.

Catherine Cook

Catherine Cook is a Partner in Clifford Chance's UK Real Estate team. She has significant experience in commercial and corporate real estate matters advising both domestic and international clients having worked both in the UK and the Middle East. Her work includes direct and indirect investments, joint ventures, portfolio sales and acquisitions, re-structuring transactions, sale and leasebacks, new HQ lettings for corporate occupiers and developments.

Catherine's client base includes institutional investors, funds (including sovereign wealth funds and fund managers), private equity houses, joint venture parties, property companies, corporate occupiers and financiers. She is well versed in advising clients on their portfolios of inbound and outbound investments and the potential risks and rewards that these present to their business. She is dual qualified having practised in both Scotland and England & Wales.

Catherine's client base includes both large global occupiers and investors who invest worldwide. She is conversant with the challenges that real estate investors and occupiers face. As someone who finds solutions to these challenges Catherine will bring an interesting and informed perspective to the Brexit panel discussion.

James Seppala

James Seppala is a Senior Managing Director in the Real Estate Group and the Head of Real Estate Europe, based in London. Since joining Blackstone in 2011, Mr Seppala has been involved in a number of Blackstone’s investments across Europe, including Logicor, OfficeFirst, Sponda, the Banco Popular REO & Loan Portfolio, and Multi Corporation.

Prior to joining Blackstone, Mr Seppala was a Vice President at Goldman Sachs & Co, where he spent 10 years focused on equity and debt investment opportunities in Europe and the United States on behalf of Goldman Sachs’s real estate private equity group.

M. Seppala graduated magna cum laude from Harvard College in 2001. M. Seppala currently serves as chairman of D. Carnegie & Co. (publ.) and as a board member of Sponda and The Office Group.

Ruth Cooke

Ruth Cooke joined Clarion Housing Group in April 2018 as Group Chief Executive of the country’s largest landlord with 125,000 homes nationwide.

She joined Clarion from Midland Heart where she served as Chief Executive Officer since 2012, having previously been the organisation’s Finance Director. While at Midland Heart, she transformed the organisation’s financial and operational performance. Ruth is a qualified accountant and corporate treasurer and her previous senior executive roles include Group Director of Resources at Knightstone Housing Association and Chief Finance Officer at Anchor Trust.

Lee Wainwright

Lee Wainwright joined Purplebricks in March 2017 as Operations Director before being promoted to COO and then UK CEO. A trainee estate agent direct from school, Mr Wainwright had a 26 year career at Countrywide, where he was responsible for brands like Bairstow Eves, Dixon’s Estate Agents, Abbott’s and RA Bennett’s & Partners. Latterly he was Managing Director for the London region.

Judith Evans

Judith Evans covers commercial and residential property for the Financial Times in London. She has previously covered investments at the FT and worked in Hong Kong, London and the Maldives for the newswires Agence France-Presse and Reuters.

Claer Barrett

Claer Barrett is the Financial Times' Personal Finance Editor as well as the editor of FT Money. She has worked for the FT group for over a decade, joining the Investors Chronicle magazine as the financial crisis took hold, specialising in property and buy-to-let investment. She became the FT's retail correspondent in 2011, then served as deputy UK news editor before being appointed to her current role. Her weekly Serious Money column won the Headline Money commentator of the year award in 2016 and 2017. A frequent contributor to TV and radio debates on personal finance and investing, she is an expert on the BBC1 series Right on the Money.

Edwin Heathcote

Edwin Heathcote is the FT's Architecture and Design Critic. He is an architect and designer and the author of around a dozen books including, most recently, The Meaning of Home. He writes a monthly column for GQ Magazine and is a regular contributor for magazines including Icon, Apollo and l'Architecture d'Aujord Hui. He is currently establishing an online archive of design writing.

Schedule Overview

Date Number of Sessions First Session Starts Last Session Ends
Wednesday 7th 2018 21 08:00 AM 05:35 PM

Schedule Details

Day Time Session Details
Day 1 08:00 AM09:00 AM
Session

Registration and breakfast

Day 1 09:00 AM09:05 AM
Session

FT Chair's opening remarks

Day 1 09:05 AM09:35 AM
Session

Opening keynote - The economic outlook

Day 1 09:35 AM10:00 AM
Session

Keynote address: Building London's future

Day 1 10:00 AM10:45 AM
Session

How is the property sector faring in the political climate?

Description

This session will explore how the property sector is fairing amid continued political volatility and economic uncertainty.

With less than a year to go in the countdown to Brexit, the outlook for March 2019 remains unclear. To what extent has the property sector been affected by Brexit? Has the vote actually been a catalyst for growth?

Will migration controls post-Brexit hinder the property sector?

What effect are geopolitics having on the real estate sector in the UK?

What has the resurgence of populism in Europe taught us and what lessons can be learned?

Day 1 10:45 AM11:00 AM
Session

Interview session

Day 1 11:00 AM11:20 AM
Session

Break

Day 1 11:20 AM12:05 PM
Session

The co-working boom: The umbrella term for change?

Description

The rise of co-working groups across cities globally has been dramatic. The occupier now has more choice within the market as leases are shorter, driving landlords to work harder for their business.

With new entrants regularly joining the market, how are traditional landlords adapting to this change?

Despite the increase in co-working groups they only take up only a fraction of the market. Could it have the potential to dominate it in the future?

Day 1 12:05 PM12:25 PM
Session

Interview session

Day 1 12:25 PM01:00 PM
Session

Diversity and inclusion in the real estate industry

Description

Increasing diversity and inclusion in the real estate sector is an important challenge — one that many other businesses face – even though it is well known that diversity can drive better decision making and enhance employee performance.

Can the industry work to lend a voice to those under-represented, and what are businesses currently doing to increase diversity and inclusion?

What more is needed and what role is the government taking to support these efforts?

Day 1 01:00 PM02:00 PM
Session

Lunch

Day 1 02:00 PM02:30 PM
Session

London's future landscape

Day 1 02:30 PM03:00 PM
Session

Technology and Real Estate

Description

Technology has disrupted every industry and the property sector is no exception. New technologies bring many opportunities and avenues for growth including buying, selling, leasing and investing.

How is real estate benefitting from these new technologies and what are the drawbacks?

With technology comes data, a precious commodity. What measures are being put in place to ensure that this is secure and protected from cyber threats?

With many ‘proptechs’ entering the market, how are traditional companies competing?

What technologies should surveyors be engaging with?

Day 1 03:00 PM03:30 PM
Session

Residential property: To rent or to buy?

Description

Housing across the country is a huge concern for the industry and government, but the key is how the two parties can work together to establish solutions that are mutually beneficial. Rises in residential property prices in central London are slowing but elsewhere help-to-buy and build-to-rent schemes are propping up the market.

What is the risk and reward profile for buy-to-let investors going forward?

Are government policies helping or hindering the residential market?

With property owners struggling to move, do we now need a ‘help-to-sell’ policy as well as ‘help-to-buy’?

Grenfell fallout: How will this affect building regulations and fire safety regulations?

Day 1 03:30 PM03:50 PM
Session

Circular dialogues on residential property

Day 1 03:50 PM03:55 PM
Session

Review of the circular dialogues

Day 1 03:55 PM04:15 PM
Session

Break

Day 1 04:15 PM04:45 PM
Session

Are London and the UK generally still an attractive location for international investors?

Description

As capital controls take hold, several large Chinese companies have pulled out of property deals in Europe, sparking concern for future international investment in the industry. In addition, post-Brexit, more stringent rules on migration and visas could affect foreign investors’ decisions in the capital and regionally in the UK.

How do property agents and landlords deal with the risk of overseas investors using property to launder money?

Will the capital gains tax changes affect the appeal of London to investors overseas?

Some regional cities, such as Manchester and Birmingham, are now seeing more international investment. Will this continue post-Brexit?

Day 1 04:45 PM05:30 PM
Session

Retail property: E-commerce vs the high street

Description

Online sales are increasing year-on-year but the need for physical bricks-and-mortar stores remains strong, as consumers wish to ‘click and collect’, return and view items in store. E-commerce has increased the demand for warehouses required to support online sales, which in turn has become an increasingly attractive area for investors.

How are investors positioning their portfolios, and what opportunities are there for converting retail property to commercial or residential property instead?

How can retailers be more efficient with their current space? Should they look to lease spaces within their stores?

Will the decline in high street stores increase the demand for warehouses out of town?

Day 1 05:30 PM05:35 PM
Session

Closing remarks

Day 1 05:35 PM05:35 PM
Session

Networking drinks

Ticket Price
Super Early Bird £799 (ends 25 May)
Early Bird £899 (ends 27 June)
Standard Ticket £999

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