Business
Our Moderator Paul Shearer is joined by the sponsor of this episode Rob Bould (IPSX) as we take a look at asset management in real estate, best practices, and how IPSX factors into the future of this discipline. Paul and Rob are joined by Huw Stephens (Patrizia), and John Jones (Tandem Asset Management). Topics covered in this episode: Rob Bould sets out the lay of the land for asset management from the view of IPSX. Huw discusses the investor’s point of view when considering the benefits of using IPSX to invest in a single asset property. What new asset management strategies can be used when the investor can choose to invest in single assets. The opportunity for investors to effect change on individual buildings and keep tenants happy and ensure consistent income from the asset. How companies like WeWork serve as examples of ‘space as a service’ and illustrate the increasingly customer facing nature of asset management. The changing state of lease contracts, their length, responsibilities of tenants and owners, and costs. The power of using management techniques as a brand across properties, and the benefits that can bring to valuation. The explosion of available and transparent data that will come from assets listed on IPSX. Best practices for asset management. 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/ 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. As a journalist he has written for both The Times and The Financial Times on residential property. http://www.paulshearer.com/ Huw Stephens Huw Stephens joined Patrizia’s pan-European transactions team with a focus on central London. Previously Huw worked at AXA for 24 years, where he was head of UK transactions. Huw and his team have pioneering proponents of putting together JVs and club deals, such as at 22 Bishopsgate, Ropemaker Place, and the Google HQ at Kings Cross, where compatible capital is stitched together to buy an asset and execute a specific business plan. https://www.patrizia.ag/en/ John Jones John has worked in the property sector since graduation from Reading University in 1982. No gap years and no sabbaticals mean he has worked through all the property cycles and economic events of the last 30+ years. John completed his APC training with the Greater London Council in the Red Ken era followed by several years in Asset Management with Investment Bank, Morgan Grenfell and agents Morgan Grenfell Laurie and Vigers. Following a merger in 1990 John settled as a Partner in the property management team at Grimley JR Eve and was at the heart of what became the GVA business for over 25 years. In this period John worked with a wonderful range of loyal and leading clients and an array of complex property assets from portfolios to major mixed-use assets and developments. He has worked for investors, developers, occupiers and major public -sector organisations. https://www.tandem-property.com/