Business
Welcome to the eleventh episode in this series of IPSX podcasts exploring some of the major trends, changes, and innovations which are affecting the world of commercial real estate (CRE). In this episode we are bringing you a conversation between Paul Shearer, Rob Bould (IPSX), Melville Rodrigues (Ocorian), and Ben Sanderson (Federated Hermes). The group discuss onshore and offshore funds, and the current state of the market in the midst of Covid - as well as the future of CRE investment in the UK. Topics covered in this episode: Rob provides an overview of the state of property funds in 2020. Reuben takes us through the need for an onshore Professional Investors Fund for real estate, and what that entails. What is the difference between IPSX Prime and Wholesale, and how do these markets benefit onshore properties? The new choices and opportunities for fund managers in commercial real estate. The difference between the liquidity of offshore funds and onshore funds. How do we encourage investment into new large-scale CRE projects in the wake of Covid-19? What does the future, including an upcoming Brexit deadline, look like for CRE? Rob Bould Rob Bould is the former CEO of leading International property agents and advisory firm GVA Bilfinger. Currently Rob runs his own consultancy business and is Chairman of both LandAid and of Coyote Group, as well as holding various senior advisory and Non Executive Director roles, including being a Non Executive Director of IPSX - the world's first securities exchange dedicated to commercial real estate. https://www.ipsx.com Melville Rodrigues Melville practised as a law firm partner in London for over 25 years and has a particular expertise in funds related matters. Melville will be growing our funds practice and is spearheading industry thought leadership initiatives. Current initiatives include the Professional Investor Fund, a proposed unauthorised contractual scheme for pension funds and other professional investors, which has the support of industry organisations and many fund management houses. In addition, Melville leads initiatives to attract pension fund and other institutional capital in social impact investment fund projects https://www.ocorian.com/ Ben Sanderson Ben joined the international business of Federated Hermes in September 2008. As Director of Fund Management, he oversaw the establishment of the VISTA UK Residential Real Estate Fund and is a member of the Real Estate Investment Executive and the HREIM Board. Ben has significant experience of investing in global real estate equity and debt instruments. Prior to this, he was fund manager of the M&G Global Real Estate Securities Fund and managed UK Prudential’s global real estate securities exposure. From 1998 to 2003, Ben worked in London and Tokyo for Jones Lang LaSalle. He holds BA and MA degrees in economics, and is a member of the CFA. https://www.hermes-investment.com/ Paul Shearer Paul Shearer has worked extensively in both Television and Radio in front of and behind the camera as an actor, writer and presenter and script editor. He has also worked for over thirty years in the corporate communications sector for many of the UK’s blue chip companies producing internal videos on a wide variety of subjects. As a journalist he has written for both The Times and The Financial Times on residential property. http://www.paulshearer.com/