Save The Date – Join us at the next Property Directors Forum on 7th June 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The Property Directors Forum has just announced the dates of its 2018/19 programme.

  • Thursday, 7th June 2018
  • Thursday, 15th November 2018
  • Thursday, 13th June 2019

In the Works…

We are working on forum presentations on the following topics:-

  • Spend less time in the office – co-working trends, the Office 4.0
  • Emerging Technologies – impact on employment; real estate; corporate culture
  • Space utilisation – giving people what they want or what they need!!
  • Property update – what’s happening in law and accounting that will hit your business’s performance.

The Property Directors Forum is YOURS and we wish to ensure your VOICE is heard, so please share with us your thoughts on topics for future forums.

Please call, or email, Gail on 020 7041 9991 / gail.wickes@propertydirectorsforum.com to BOOK YOUR PLACE an our next Property Directors Forum on Thursday, 7th June 2018. 


Property Directors concerned over Landlords’ lack of property innovation

Lack of proactivity from landlords could be holding back UK productivity

The UK’s productivity is lagging behind other G7 countries and property directors are concerned that landlord’s lack of proactivity around property innovation may hamper efforts to move the UK up the productivity league table, according to a survey carried out at the Property Directors Forum, hosted by Avison Young.

Attendees at the event held at The Royal Society of Chemistry, Piccadilly, were asked to provide their thoughts on property innovation and the role that landlords have in leading the way.

The survey revealed that not one of the property directors have been approached by their landlord(s), proactively, to discuss property innovation and, in fact, 40% of directors reported their landlord as being reluctant to innovate.

Results from the survey also suggest that property directors could do more to lead innovation, as over half (53%) of property directors have not yet approached their landlord to discuss property innovation, and one in 33 (3%) are not looking to innovate at all.

Only 7% of property directors believe innovation is one of the company’s core objectives, two in ten organisations do not have a property innovation strategy and 27% of organisations have not yet secured a budget for innovation.

With innovation considered essential to growth and increased productivity, 77% of the respondents confirmed they will be investing in property innovation in the next 12 months and over eight in ten property directors have carried out innovation initiatives in the last 12 months.

The survey also revealed that 62% of the respondents have invested in energy efficiency improvements and 17% in renewable energy. Sustainable initiatives took priority in property innovation efforts, and this is likely to continue to be the case. Property Directors discussed rental growth in 2018 and predict an increasing pressure on cash and the need to have more flexible space, with 80% in agreement that the space per person will decrease.

Jason Sibthorpe, Avison Young’s Principal and UK Managing Director, said: “What is prevalent from this survey is the importance of innovation and collaboration in moving the UK up the productivity league table. Property Directors are in agreement that property innovation must be prioritized in order to move the industry forward, as property will be expected to deliver more from less as the market toughens.

“Many Property Directors have implemented innovation initiatives in the last year, with sustainability and energy efficiency as a core focus. The innovation challenges exist in energy management, lighting and emergency lighting and metering and monitoring – these should be the focus of the following year’s innovation strategies.

“In order to move property innovation up the strategy list the benefits needs to be sold to boards, alongside cross-industry collaboration. Sharing best practice is key among the occupier community, to identify the best innovation and to access its benefits at a much quicker pace.”

– end –

You can download the results of the survey in a pdf Infographic format here.

Or to download the full Survey Report please click here.


‘Sustainability, Innovation, Collaboration and Productivity’ – The main themes of the 2017 Property Directors Forums and what 2018 has in store for occupiers?

Our biannual events in June and November 2017 once again proved to be a huge success, attracting Property Directors from a variety of industries and organisations. The insightful presentations, panel debates and animated round-table debates, uncovered some important issues that impacted occupiers throughout 2017. The November event also identified interesting trends and challenges that are likely to have an impact on the commercial real estate sector in 2018.

 

Current drivers and initiatives in sustainability – Property Directors Forum on 8th June 2017

The events of 2017 gave a new meaning to the notion and importance of sustainability for commercial real estate.  Climate change, new environmental legislation, increasing rental and other costs, rising access to alternative energy sources, and so on – all contributed to moving the need for a sustainability strategy from “nice to have” to essential.

This was clearly reflected in the sustainability trends and issues uncovered by the June Forum:

  • Technology has a big role to play in turning inefficient buildings into sustainable buildings 91% of the Forum’s members introduced LED lighting to their property portfolios. Other key improvements undertaken, included A/C plant upgrades, introduction of smart meters and Building Management Systems.  As a result, 38% have seen their energy bills and overall building costs reduce.
  • Budget issues could be driving a decline in activity 88% carried out sustainability work in the last 12 months but only further 56% were planning to invest in sustainability in the next 12 months.
  • 62% of businesses were not ready for The Minimum Energy Efficiency Standard (MEES) and thought that Government had a role to play in helping occupiers get up to speed with the new requirements – Property Directors thought that Government should intervene by providing financial incentives, forcing landlords to make buildings MEES compliant and introduce fines for non-compliance.
  • Poor quality building stock is possibly being left unsustainable – While 68% prefer to improve a building to hit sustainability targets, a quarter (24%) would rather dispose of the building.
  • Lack of employee training and involvement may be a problem in waiting 55% of Property Directors do not currently train employees on how they can make the building they work in more sustainable.

You can download the results of the survey in a pdf Infographic format here.

Or to download the full Survey Report please click here.

 

The complete line-up of speakers and panellists:

  • Alastair Mant, Head of Industry Engagement at the UK Green Building Council – Keynote speaker and panellist
  • James Thackrah, Hospitality & Workplace Lead at Schneider Electric– also a speaker and panellist
  • Jason Sibthorpe, UK Managing Director at Avison Young – Chair
  • Richard Jackson, Sustainability Director at UCL – panellist
  • Martin Rymer, Director of Building Consultancy & Project Management at Avison Young – panellist.

 

The presentations and discussions were summarised in a form of an Executive Summary – download here.

 

The Innovation Savvy Business and what 2018 has in store for Occupiers? Property Directors Forum on 16th November

The U.K. is on course to leave the European Union on March 29, 2019.  Brexit negotiations are in full swing now but there’s still a lot of ground to cover.  While the full impact of Brexit on UK commercial real-estate is still an unknown, one thing is certain, businesses will need to prepare to deliver “more with less”.  To do this, many are turning towards high-impact innovation to reduce the operational costs and environmental impact of their properties.  But innovation alone won’t be enough.  More focus needs to be given to employee engagement and wellbeing initiatives to help them embrace the change.  This and increased collaboration within the occupiers’ community should help move the UK up the productivity league table, as long as landlords’ lack of proactivity doesn’t cause delays.

The November forum uncovered some interesting issues and trends that affected occupiers in 2017 and could impact occupiers in 2018:

  • 2017 was not as bad as expected for 53% of Property Directors but Brexit will have some impact in the future 40% thought Brexit will cause a decrease in demand for commercial property in the UK.  Increasing costs, and other economic factors, will put pressure on cash and the need to have more flexible space in 2018.  In fact, 80% of Property Directors thought the space per person will continue to decrease.
  • Innovation initiatives will be essential to help property deliver more from less 83% of Property Directors have carried out property innovation initiatives throughout 2017 and a similar number (77%) is looking to invest in innovation in 2018.
  • Sustainability initiatives lead the way – Energy efficiency and wellbeing dominated the 2017, with 62% investing in energy efficiency improvements and 52% in innovations relating to the health, safety and wellbeing of employees.

    This has also brought to light some innovation challenges.

  • The benefits of property innovation will need to be sold to Boards to move it up the strategy list – Only 7% of Property Directors said that innovation was one of the companys core objectives and two in 10 organisations do not have a property innovation strategy. 27% of organisations have also not yet secured a budget for innovation.
  • “We can achieve more together than we can apart” seems to be the innovation motto – 50% of Property Directors are thinking of collaborating with other organisations to enable innovation in their portfolios.
  • Property innovation and collaboration could help move the UK up the productivity league table, but landlords are slow to embrace it – Only 3% of Property Directors think their buildings are innovative enough, while none (0%) have had their landlord approach them first to discuss property innovation. Almost half (40%) reported their landlord being reluctant to innovate. 

As the UK’s productivity rate has returned to its pre-crisis level, and since occupiers see innovation as a productivity facilitator, landlords’ lack of proactivity may further hamper moving the UK up the productivity league table.

 

 

 

 

 

You can download the results of the survey in a pdf Infographic format here.

Or to download the full Survey Report please click here.

The complete line-up of speakers and panellists:

  • George Bromfield, Investment Director at Brooks Macdonald – Speaker
  • Henry Majed, Director, Partnerships, Innovation Gateway – Speaker and Panellist
  • Tim Golding, UK Property Director, Tesco Plc – Panellist
  • Jo Saunders, Innovation Project Manager, RBS – Panellist
  • James Tiernan, Group Energy & Environment Manager, Unite Students – Panellist
  • Piers Leigh, Principal, Avison Young – Chair

 

 

The presentations and discussions were summarised in a form of an Executive Summary – download here.

 

The Property Directors Forum – helping you collaborate to innovate

The Property Directors Forum (PDF) is an exclusive, invitation-only community that was created to provide Occupier Property Directors with a stronger VOICE in the market. Since 2013 we have run several successful and well attended events with industry leading speakers and experts on the most current topics affecting the occupier community. Each event has used participants’ contributions to create value-add content on the topics concerned.

The Property Directors Forum provides Occupiers with: 

  • A collective VOICE
  • FORESIGHT to identify current trends and challenges
  • NETWORKING, COLLABORATION and KNOWLEDGE SHARING opportunities
  • Access to INDUSTRY LEADING EXPERTS

 

“I find the Property Directors Forum really well organised, with topical issues on the agenda supported by well-informed external presenters. This coupled with the presence of Property Directors across various sectors leads to good insights and debate.”

David Fry, Head of Property, Vodafone Limited

 

The Property Directors Forum is sponsored by Avison Young (www.avisonyoung.com), the world’s fastest-growing commercial real estate services firm. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its principals. Founded in 1978, the company comprises 2,600 real estate professionals in 82 offices, providing value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial, multi-family and hospitality properties. Avison Young has 5 UK offices located in the West End, City of London, Thames Valley, Midlands and Manchester.

 

The next Property Directors Forum will be on Thursday, 7th June 2018.

For more information about – or to join – the Property Directors Forum please contact Gail on

01494 540 010 or gail.wickes@propertydirectorsforum.com.


The Forum’s survey uncovers what 2018 holds in store for Property Directors

Dear Property Directors,

Please see the results of the Survey completed by the attendees of the November 2017 Property Directors Forum and the group’s membership.

The Survey Report uncovers some interesting issues that will impact occupiers in 2018. These include:

  • 2017 was not as bad expected but it’s going to get tougher
  • Innovation will be key as property is expected to deliver “more from less”
  • Property innovation and collaboration could help move the UK up the productivity league table but landlords are slow to embrace it.

You can download the results in a pdf Infographic format here.

Or to download the full Survey Report please click here.

 

Property Directors Forum_The 2018 Property Outlook-final-jpeg-highres


What does 2018 hold in store for property directors?

Dear Property Directors Forum Members

We are delighted that so many of you were able to attended our Property Directors Forum on 16th November and debate on the 2018 property outlook and innovation initiatives.

As promised, we have created an Executive Summary of the discussions and presentations for you to download. Just click on the links below:

Download Executive Summary

 

The Forum’s main conclusions are as follow:

  • 2017 has not been as bad as predicted but businesses will need to continue to ‘do more with less’ in 2018.
  • To minimise uncertainty, occupiers should work together with peers to avoid the more hazardous pitfalls of Brexit and other risks and challenges.
  • In 2018, occupiers will be looking to innovation to improve the performance of their portfolios. This will include ways to reduce costs and make people work smarter and more efficiently.
  • Increased cross-industry collaboration and sharing best practice among the occupier community is required to source the best innovation, and access its benefits more quickly.

Download our executive summary to find out more and see examples of innovation used by Tesco, RBS and Students Unite. We would like to thank you again for your lively contribution on the day.

See the press release What does 2018 hold in store for property directors? issued by the sponsor of the event – Avison Young UK.

Kind Regards
The Property Directors Forum Team

Panel discussions with: Tim Golding, UK Property Director, Tesco Plc; Jo Saunders, Innovation Project Manager, RBS; James Tiernan, Group Energy & Environment Manager, Unite Students; moderated by Henry Majed, Innovation Gateway and chaired by Piers Leigh, Avison Young.

 


The Innovation Savvy Business – 16th November – Agenda announced

 

 

 

 

 

 

 

We are looking forward to seeing you at the Property Directors Forum on Thursday, 16th November – please see the Agenda below.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Event details:
Date: Thursday, 16th November
Time: 9.30am – 2pm
Location: The Royal Society of Chemistry, Burlington House, Piccadilly W1J 0BA (nearest stations: Piccadilly Circus or Green Park)
For directions please click here.


Learn how Tesco, RBS and Unite ‘source and adopt’ innovation to build-in resilience for the unknowns of Brexit

Join us on Thursday 16th November, 9.30am-2pm at The Royal Society of Chemistry, Burlington Place, Piccadilly for our 10th Property Directors Forum.

The Property Directors Forum

 

You will hear from our keynote speakers and panellists who will share their views to give practical ideas to attendees on: Brexit and its implications for occupiers, best practices, performance data and, innovation sources. You’re certain to leave with something that will add value to your organisation.

See the full speaker and panellists line up here.

You will also take part in our round table debates, giving you a great opportunity to meet and collaborate with your peers on a range of current trends and challenges faced by occupiers.

Registration for this event is free. Book your place early to avoid missing out – contact Gail on 020 7041 9991 or gail.wickes@propertydirectorsforum.com. Refreshments and lunch will be provided.


Panellist line-up announced for 16th November Property Directors Forum

We are delighted to announce our panel of experts for the upcoming forum on Thursday 16th November, 9.30-2pm at The Royal Society of Chemistry, Burlington Place, Piccadilly.

Henry Majed, Director, Partnerships, Innovation Gateway  – Henry will present ‘Leading Innovation for Resilience – The Power of Many’.  His talk will lead into the group discussion with the following panellists:

*  Tim Golding, UK Property Director, Tesco Plc – Tim has over 35 years’ experience within a food and general merchandise business, including international retailing across 14 different countries.

 Jo Saunders, Innovation Project Manager, RBS – Over the past 22 years, Jo has gained extensive knowledge in the banking industry from Sustainability and Fraud Strategy to Business Performance and Customer Service delivery.

*  James Tiernan, Group Energy & Environment Manager, Unite Students – James is an energy and sustainability professional with experience of consultancy and in-house roles in the construction, real estate, and student accommodation sectors.

The panellists will be sharing their experience, best practice, performance data, and innovation sources to give useful and practical ideas to the attendees to add value to their organisations.

If you have a topical question for the panel please send through to Gail in advance.

You can register to attend the free forum by contacting Gail on 020 7041 9991 or send her an email at: gail.wickes@propertydirectorsforum.com.


Innovation Gateway presenting at the 16th November Property Directors Forum

We are delighted to confirm that Henry Majed, Innovation Gateway is to present “Leading Innovation for Resilience – The Power of Many” at our forum on Thursday 16th November.

Innovation Gateway is an alliance of leading organisations who are working together to reduce the operational costs and environmental impact of their properties. Partners include Tesco, RBS, Unite, Heathrow Airport and Carillion. Together they share experience, best practice, performance data, and ‘source and adopt’ innovation. Several of the partners will be taking part in a panel discussion to share their experiences so you can gain useful and practical ideas to add value to your organisation.

RBS, Tesco and Unite are confirmed panellists and we will be sending more details shortly.

Book your place now for the 16th November forum by contacting Gail on 020 7041 9991 or send her an email at: gail.wickes@propertydirectorsforum.com.

 


Save the Date! Next Property Directors Forum on Thursday 16th November 2017

We are delighted to announce the date for the next Property Directors Forum on Thursday 16th November 2017, 9.30am – 2.00pm at the Royal Society of Chemistry, Burlington House, Piccadilly W1J 0BA.

Attendees will be able to hear George Bromfield, Investment Director at Brooks Macdonald deliver a follow-up to his November 2016 Forum talk ‘Financial markets post-Brexit and the implications for occupiers’.

Please contact Gail Wickes to reserve your place by ringing 020 7041 9991 or email gail.wickes@propertydirectorsforum.com.