IPSX Podcasts IPSX

In this episode, guest host Sivan Pliskov (Associate Director, Carbon Intelligence) is joined by a panel featuring Oliver Light (Carbon Intelligence), David Delaney (IPSX), Alex Green (British Property Federation) and Paul Gehres (British Land). The panel discuss the race to zero carbon and how it will affect the real estate industry.

Topics covered in this episode:


How will net zero affect investment in real estate?
How will net zero impact valuations?
What is the role of occupiers in an asset’s net zero journey?
How will regulation drive greater transparency around net zero?
What are the immediate next steps to net zero?
How can IPSX help investors on the reporting of net zero targets?

David Delaney

David Delaney is the Group Chief Executive at IPSX and is responsible for leading the business and developing the Group strategy. David served as a Non-Executive Director on the IPSX Group Board between February 2019 - July 2019, and joined from fintech communications company VoxSmart, where he was Chief Commercial Officer for two years focused on customer engagement and driving sales. Prior to that, he was Head of Strategic Clients and Solutions, EMEA at Thomson Reuters for just over three years, managing a $1 billion book of business. Before Thomson Reuters he spent more than 25 years at Credit Suisse – latterly as Global Head of Fixed Income Sales for interest rate products – and Barclays Bank Plc.

https://www.ipsx.com/

Oliver Light

Oliver leads on Real Estate at Carbon Intelligence, with over eight years of experience delivering ESG services to real estate investors and large corporate occupiers. Oliver is focused on accelerating a zero-carbon economy and has helped to implement several net-zero strategies over the past year. Decarbonisation programmes have included initiating a smart building programme that won over 15 awards in 24 months. Oliver also recently joined the BBP REEB Benchmark and AREF ESG Committee and will participate in several collaborations this year with IPSX, the UK-GBC, and GRESB. Oliver has several ESG qualifications, including the RESET air quality certification.

https://carbon.ci/

Alex Green

Alex is an Assistant Director at the British Property Federation (BPF) and has experience of working in the real estate industry for over 6 years. Alex joining the BPF’s policy team in January 2018 to lead on sustainability, development, and healthcare policy, engaging closely with government departments including BEIS, MHCLG, and HMT. He has previously worked in communications, community consultation, and political engagement for a broad range of property industry clients, working as part of project teams delivering mixed-use, residential, commercial, healthcare, and retail developments.

https://bpf.org.uk/

Paul Gehres

Paul Gehres is the Sustainability Programme Manager at British Land and is responsible for ESG reporting. Paul has worked in corporate sustainability for the last nine years (after a detour through transport planning) and holds an MSc in Environmental Policy from the London School of Economics.

https://www.britishland.com/

Welcome back to this, the twelfth episode of the IPSX podcast. In this episode, guests Roger Clarke (IPSX), Chris Hardie (WH Ireland) and Richard Werner (Bryan Cave Leighton Paisner) join host Paul Shearer to discuss the journey to successful submission on a public market.

Topics covered in this episode:


What do we mean by a public market?
What is the IPSX model
What should a prospective issuer be focussed on ahead of an admission?
How is the process of admission different to a private real estate sale?
What is the difference between an admission document and a prospectus?
Who are the targets for placements and IPO’s?
Has anything changed recently with investor appetite?
What has been the biggest learning point from the Mailbox REIT admission?
What makes IPSX unique to other stock exchanges?
When is the right time for asset owners to consider their holding options?
How can investors trade in IPSX securities?

Roger Clarke

Roger is the Managing Director and Head of Capital Markets at IPSX. He has spent 30 years working in European capital markets including investment banking roles at NM Rothschild, Dresdner Kleinwort Wasserstein, JP Morgan Cazenove and Stifel Nicolaus, as well as undertaking a secondment to the UK Takeover Panel. He has also been Head of UK Capital Markets for ING Real Estate, and more recently he was Head of Corporate Finance at M7 Real Estate where he set up and ran the alternative lending platform, Tunstall Real Estate. He qualified as a Chartered Accountant with Arthur Andersen. And Roger is our IPSX host for this podcast.

https://www.ipsx.com

Chris Hardie

Chris is a Corporate Financier with over thirty years’ experience in the Corporate Finance Departments of integrated banks Kleinwort Benson and Charterhouse and Head of Corporate Finance at Teather & Greenwood. Chris was a Director at Arden Partners for 13 years before joining WH Ireland in November 2018.

https://www.whirelandplc.com/

Richard Werner

Richard is a partner at Bryan Cave Leighton Paisner. Richard is a corporate finance partner who specialises in advising listed companies in the property sector.

https://www.bclplaw.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/

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/

In this episode, we are bringing you a conversation between Paul Shearer and Roger Clarke, managing director at IPSX. The two discuss the new IPSX Wholesale market - who it’s for, how it works and why, now more than ever, it’s needed.



Topics covered in this episode:


How IPSX has navigated the turbulent times of Brexit and Covid.

What problems does IPSX Wholesale solve?

What makes IPSX Wholesale different to the traditional selling of commercial real estate?

The clarity and transparency of using IPSX, as opposed to offshore markets.

How the process of admission to the IPSX Wholesale market, and how it differs from IPSX Prime.

The entities and structures that will benefit from using this new Wholesale market.

Investor appetite for properties listed through IPSX Wholesale.

How asset ownership works when listing on IPSX Wholesale.


Bios

Roger Clarke

Managing Director and Head of Capital Markets, Roger Clarke, has been a Senior Advisor to IPSX Group since January 2019. He now joins the business full time. Roger has extensive experience in corporate transactions, particularly in equity capital markets but also in M&A and restructuring, with a specific sector focus on Real Estate. Roger joins from M7 Real Estate, where he was Head of Corporate Finance, with responsibility for executing significant corporate transactions. Previously he was Chief Executive of Tunstall, M7’s wholly owned subsidiary focused on alternative lending. Prior to joining M7 Roger spent 20 years working in the European investment banking industry, including roles at NM Rothschild, Dresdner Kleinwort Wasserstein, JP Morgan Cazenove and Stifel Nicolaus, as well as undertaking a secondment to the UK Takeover Panel.

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. 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. He has written and presented video work on commercial property for consulting real estate agents GVA Bilfinger as well as Capita Real Estate.

http://www.paulshearer.com/

In this episode we are looking at whether you should be putting your CRE investments into London, or looking further afield and placing your cash in the regions. Our host Roger Clarke (IPSX), and our moderator Paul Shearer, are joined over the internet by Mat Oakley (Savills) and Neil Sinclair (Palace Capital Plc) to discuss the issue.

Topics covered in this episode:


Mat gives an overview of commercial real estate in London versus the regions, and where the market was at the start of the year.

The differences between real estate in London and outside of Greater London.

The developments in commercial real estate in the regions, and the rise of international interest in the area.

The promising future of investment performance in the regions.

The impact of infrastructure investments on the regions.

What is hampering investment in the regions at the moment?

How can talking to a mayor become a keystone of investing in a city?

Inward versus outward investment in the regions.

How do you introduce people to the regions as places to invest in commercial real estate?



Bios



Roger Clarke

Managing Director and Head of Capital Markets, Roger Clarke, has been a Senior Advisor to IPSX Group since January 2019. He now joins the business full time. Roger has extensive experience in corporate transactions, particularly in equity capital markets but also in M&A and restructuring, with a specific sector focus on 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. 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. He has written and presented video work on commercial property for consulting real estate agents GVA Bilfinger as well as Capita Real Estate.

http://www.paulshearer.com/



Mat Oakley

Mat Oakley is head of UK & European commercial property research at Savills. His primary areas of expertise relate to office, retail and leisure real estate, and he regularly advises investors and developers on opportunities and risks across these and other markets. Mat has been researching, analysing and occasionally correctly forecasting the commercial property market since the late 1980’s.

https://www.savills.co.uk/



Neil Sinclair

Neil has over 50 years’ experience in the property sector. He was a founder of Sinclair Goldsmith Chartered Surveyors which was admitted to the Official List in 1987 and subsequently merged with Conrad Ritblat in 1993, when he became Executive Deputy Chairman. Neil was appointed Non-Executive Chairman of Baker Lorenz, surveyors in 1999 and which was sold to Hercules Property Services plc in 2001. He was appointed a Non-Executive Director of Tops Estates plc, a fully listed company, in 2003 and remained so until it was sold to Land Securities plc in 2005. He was one of the founders of Mission Capital plc, now Watchstone Group plc, which was admitted to AIM in 2005, and was Executive Chairman until February 2008. He was also featured in ‘Top 100 Property People in Property Week’ in 2003. https://www.palacecapitalplc.com/

Paul Shearer is joined by the episode sponsor and host Rob Bould (IPSX) to explore the IPSX wholesale market, and outline what investors and owners can expect when interacting with this new outlet. Alongside Paul and Rob, we are joined by guests Chris Luck (CMS), and Lisa Walker (IPSX).



Topics covered in this episode:


The difference between IPSX prime and wholesale.

Chris looks at What the appetite for IPSX wholesale is.

Lisa looks at the benefit of IPSX to owners of real estate assets.

The types of investors and investor criteria when looking at the wholesale market.

Join ventures and offshore ownership, and how they interact with IPSX

How IPSX will work for investors, and the mechanisms for interacting with properties and their owners/ brokers on IPSX

Who should be looking at investing in real estate using IPSX wholesale?

What the next two to five years will look like for wholesale.



BIOS



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. 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. He has written and presented video work on commercial property for consulting real estate agents GVA Bilfinger as well as Capita Real Estate.

http://www.paulshearer.com/



Chris Luck

Chris Luck is a Partner in the Funds and Indirect Real Estate team. His main focus is in the real estate and financial sectors for UK and International clients. Transactional activity includes M&A, joint ventures and listing real estate companies as well as setting up and acting for investors in real estate funds.

Chris is a member of the British Property Federation Finance Committee and works with the Property Industry Alliance, Property Finance Forum and EPRA on industry matters including REITs and European regulation such as the Alternative Investment Fund Managers' Directive (AIFMD).

https://www.cms.law



Lisa Walker

Lisa is widely experienced in financial services regulation and joins from the Australia and New Zealand Banking Group where she was Head of Compliance for the UK and Europe. Lisa previously occupied a senior associate role with the UK Financial Conduct Authority where she had supervisory responsibility for Recognised Investment Exchanges, including NYSE Liffe, BATS, ISDX and the London Stock Exchange.

https://www.ipsx.com/