Estates Gazette Property Podcasts

EG Not Just Another Property Event: M7's Croft remembers a string of bad decisions during time of Northern Rock collapse

Richard Croft, chief executive and co-founder of M7 Real Estate, told a rapt audience at EG's Not Just Another Property Event his sobering experience of running European real estate fund management business Halverton at the time of the financial crash of 2007. He acknowledged a string of bad decisions continues to inform the choices he makes today.

He was speaking on a panel called Challenging Stereotypes and Being Richer for it, as part of EG's Not Just Another Property Event.

The panel brought together property figures who span the industry to share insights into their career journeys and business ambitions, speaking candidly about the highs, the lows, the times they had to be resilient, and the lessons they have learnt.

Panellists

Antonia Swinson, chief executive, Ethical Property Foundation

Justin Carty, senior director, CBRE

Richard Croft, chief executive, M7

Alison Nimmo, chief executive, The Crown Estate

 Co-chaired by Damian Wild, Editor, EG and Savannah de Savary, Founder and Chief Executive, Built-ID

EG Finance & Investment Summit: If you had £1bn to start a new property business what would you do?

Key real estate players were asked where they would invest £1bn if they could start a new property business.

Speaking on the panel at EG’s Finance & Investment Summit were:

Tony Gibbon, Consultant, GM Real Estate
Derek Jacobson, Co-Chief Investment Officer, Madison International
Teresa Gilchrist, Director & Head of Investor Relations, M7 Real Estate
Lars Huber, Senior Managing Director, CEO, Europe Region/London, UK, Hines

Chairing: David Hatcher, Head of News & Finance, EG

Read more: https://www.egi.co.uk/news/where-would-key-players-put-1bn/

EG Finance & Investment Summit: Brookfield looks to London's West End, South Bank, Shoreditch for investment opportunities

Canadian giant Brookfield will be looking to move out of the city of London for new investment opportunities, according to newly installed chief executive Neil Thompson.

Listen to his interview with David Hatcher, EG’s Head of News & Finance, at EG’s Finance & Investment Summit.

Read more: https://www.egi.co.uk/news/brookfield-to-spread-beyond-city-and-wont-be-shy-of-mixed-use-schemes/

EG Finance & Investment Summit: regional PRS housing difficult to fund

Some of the UK’s biggest lenders spoke about the challenges and opportunities in the current lending environment, at EG’s Finance & Investment Summit.

Catherine Webster, Quintain’s strategic finance and investment director, said the private rented sector in the regions is difficult to fund because of unproven gross-to-net and low cap rates.

The panel:

Catherine Webster, Strategic Finance & Investment Director, Quintain
Roman Kogan, Managing Director, Deutsche Bank AG London
Amy Klein Aznar, Head of Debt Investments and Special Situations, LaSalle Investment Management
Stephen Bullock, Head of Large Corporates, Real Estate Structuring and Analysis, NatWest and RBS Real Estate Finance 

Chairing: David Hatcher, Head of News & Finance, EG

Read more:

https://www.egi.co.uk/news/lenders-caution-on-regional-prs/

EG Finance & Investment Summit: How to work with the property industry's biggest pension funds

Decision-makers at some of the world’s biggest pension funds discuss opportunities to work alongside them in a panel entitled:  WALKING AMONG GIANTS - HOW TO WORK WITH THE INDUSTRY’S BIGGEST PENSION FUNDS

They discuss:

What returns and opportunities are sovereign and giant pension funds targeting?

What is the best way to work alongside them as operational or advisory partners? 

How is the low yielding environment impacting investment strategies?

The panel:

Stéphane Jalbert, Managing Director, Real Estate Investment, PSP
Alex Jeffrey, Chief Executive, M&G Real Estate
Tom Jackson, Director, Real Estate Investments, Canada Pension Plan Investment Board

Chairing: David Hatcher, Head of News & Finance, EG

Read More: https://www.egi.co.uk/news/how-to-work-with-the-industrys-biggest-pension-funds/

 

EG Finance & Investment Summit: overseas investors unlikely to see value in taking listed companies private

Sue-Lin Heng, managing director at Eastdil Secured, said that overseas investors were unlikely to see value in taking listed companies private, despite market chatter about the current discounts at which property companies are trading.

She was among industry experts who discussed the topic of mergers and acquisitions in the property industry.

They answered the questions:

Is the market ripe for m&a activity?

What is the prospect of a listed propco being taken private?

What sectors are most likely to see activity?

 The panel:

Patrick Long, Managing Director, Lazard
Angus Dodd, CEO, Quintain
Sandy Gumm, COO, Prestbury (and Non-Executive Director at Secure Income)
Sue-Lin Heng, Managing Director, Eastdil Secured

Chaired by David Hatcher, Head of News & Finance, EG

 Read more: https://www.egi.co.uk/news/eastdil-current-take-private-chatter-is-overstated/

EG's Finance & Investment Summit: Where in the UK and Europe are we seeing early signs of distress?

Property and investment giants discuss the panel topic: WHAT’S THE WORST THAT COULD HAPPEN? - DISTRESS

Discussion topics include:

Where in the UK and Europe are we seeing early signs of distress?

Does this mean there are good opportunities?

How will lenders react?

Panel:

Cameron Spry, Senior Partner, Tristan Capital Partners
Aref Lahham, Managing Director, Orion Capital
Andy Pyle, Partner, KPMG
Cyril Courbage, Head of European CRE, Fortress Investment Group
Roger Orf, Partner & Head of Real Estate, Europe, Apollo

Chaired by: David Hatcher, Head of News & Finance, EG

 

 Read more: https://www.egi.co.uk/news/orf-in-equity-warning-to-prime-london-resi-developers/

EG's Finance & Investment Summit: technology means banks will no longer make money being the middle man

Trevor Williams, visiting professor at the University of Derby, and chief economist at the IEA Shadow Monetary Policy Committee explains how we should prepare for the economic shockwaves to come.

Mark Williams, vice president, Revo, on the strategy behind its new strategic board

The new stategic board will advise the government on supporting investment in the UK’s towns and cities.

Members have been drawn from a range of backgrounds including residential, leisure, urban design, retail property, local authorities and occupiers.

Mark Williams, vice president of Revo, said: “The make-up of the board ensures Revo’s activities moving forward, including our work with government, will be shaped by insights from not only from private sector investors and developers, but also local authorities and retail and leisure operators, which have such a bearing on the look, feel – and success – of a place.”

Henry Dimbleby, co-founder of Leon restaurants, on why insolvencies are good for the F&B sector

Dimbleby, the co-founder of fast food chain Leon restaurants and street food markets London Union, will sit alongside landlords, developers and local authorities on Revo’s new strategic board which will aim to support all businesses in the retail property and place making-sectors.

While his roots are in the restaurant trade, his experience in the industry since founding Leon in 2004 means Dimbleby has some clear cut ideas on what the real estate sector needs to do to evolve in the face of challenging headwinds.