RREF Newsletter - Henley Business School
RREF Newsletter - Henley Business School
RREF Newsletter - Henley Business School
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<strong>RREF</strong> <strong>Newsletter</strong><br />
June 2011<br />
Welcome<br />
Bryan Laxton (Trustee)<br />
CEO UK<br />
Cushman & Wakefield LLP<br />
Welcome to the June edition of the <strong>RREF</strong> <strong>Newsletter</strong> which focuses on the generosity of donors<br />
and the principle of giving something back. <strong>RREF</strong> is enormously grateful to all the individuals and<br />
companies who provide much needed financial support. This newsletter includes a case study on<br />
a recent bursary recipient, Sarah Hughes, a note on a new Pioneer, Mark Ridley of Savills, details<br />
of Donor Pin week and the recent <strong>RREF</strong> Supporters event.<br />
There are also details of the ever popular Annual Dinner in November, a summary of the<br />
Inaugural Annual Lecture and the announcement of the winners of the new Mentoring Awards.<br />
<strong>RREF</strong> Inaugural Annual Lecture<br />
On Monday 9 May 2011 speakers Paul Clark, Director of Investment and<br />
Asset Management, The Crown Estate, Mark Preston, Group Chief<br />
Executive, Grosvenor, and Toby Shannon, Chief Executive, The Howard<br />
de Walden Estate discussed the topic of 'Central London Estates -<br />
Diversification or Focus, which is the most appropriate strategy'<br />
Mark Preston explained to a sold-out audience why he favours<br />
diversification, showing how Grosvenor has benefitted from investing<br />
across a variety of sectors and international locations. Whereas Toby<br />
Shannon, whose business owns 90 acres of prime in central London,<br />
argued the case for remaining focussed in a market they have known<br />
for hundreds of years, using sector diversification, not location.<br />
Paul Clark then discussed the rationale for diversification within the UK<br />
as well as reviewing the merits and constraints of the Crown Estate's<br />
unique set-up and a property portfolio encompassing many of the UK's<br />
cityscapes, ancient forests, farms, parkland, coastline and communities.<br />
The evening was well received by a high calibre of guests from across<br />
the industry.<br />
The Chair of the<br />
evening, Bryan<br />
Laxton, CEO UK,<br />
Cushman &<br />
Wakefield LLP,<br />
commented: "Even<br />
on the global stage<br />
only London can<br />
boast around 600<br />
acres of truly prime<br />
city centre land<br />
owned by three<br />
major landlords for hundreds of years with a current value around £6<br />
billion yet with quite different strategies. We were very fortunate to<br />
Our Next Event:<br />
RG10 Summer Drinks<br />
Evening<br />
Thursday 16 June from<br />
6pm<br />
Venue: Market Place Bar, 11-<br />
13 Marketplace, London, W1<br />
8AH<br />
Informal drinks for any<br />
Reading graduates of the<br />
past decade.<br />
Any queries please contact<br />
Oliver Sprackling -<br />
Oliver.sprackling@cbre.com<br />
or 07903 057 341<br />
Upcoming Events:<br />
<strong>Henley</strong> Regatta Day<br />
Friday 1 July from<br />
12.30pm - 5.30pm<br />
Venue: <strong>Henley</strong> <strong>Business</strong><br />
<strong>School</strong>, Greenlands Campus,<br />
<strong>Henley</strong>-on-Thames<br />
Tickets: Corporate table of 8<br />
£1,200, individual alumni<br />
tickets £125pp<br />
Enjoy a Champagne and<br />
Pimms reception, a
have the heads of the Crown, Grosvenor and Howard de Walden estates<br />
speak at the inaugural <strong>RREF</strong> Annual Lecture and explain the reasons for<br />
their different strategies over a number of years.<br />
Each put forward compelling cases for their own strategies and each has<br />
undoubtedly performed in the long run. All three recognised that they<br />
were fortunate to have such prime real estate in the heart of London as<br />
a starting point for their long term investments."<br />
Nick Pemberton, Partner at Colliers International commented: "The<br />
evening was very interesting and the speakers gave us a real insight<br />
into their organisations and the issues they face".<br />
<strong>RREF</strong> Supporters Event<br />
On Tuesday 24 May, 50 donors, including Founder Members and<br />
Pioneers, plus key alumni and industry contacts gathered in the new<br />
<strong>Henley</strong> <strong>Business</strong> <strong>School</strong> at the University of Reading for the first<br />
annual <strong>RREF</strong> Supporters event. The event aimed to recognise those<br />
who have helped <strong>RREF</strong> to grow and who have supported the <strong>School</strong><br />
of Real Estate & Planning and its students over the past decade.<br />
Throughout the evening, guests were able to learn a little about the<br />
current work and recent achievements of <strong>RREF</strong> and also to listen to<br />
a talk on "The Future of Higher Education: Challenges for the<br />
Education of the Next Generation of Real Estate and Planning<br />
Professionals" by Prof. Ginny Gibson & Roger Gibbard. A networking<br />
drinks and canapé reception followed and a number of people took<br />
the opportunity to enjoy a guided tour around the impressive<br />
<strong>Business</strong> <strong>School</strong> building, which was partly funded by a number of<br />
the guests in attendance.<br />
sumptuous three course lunch<br />
with wine, a boat trip on the<br />
River Thames to view the<br />
races and afternoon tea on<br />
the lawn.<br />
<strong>RREF</strong> Regional Receptions<br />
Birmingham: GVA,<br />
Brindleyplace<br />
Date: Wednesday 14<br />
September<br />
Manchester: Allied London,<br />
Spinningfields<br />
Date: Wednesday<br />
28 September<br />
The evenings will offer a short<br />
presentation with the<br />
opportunity to network at an<br />
informal drinks reception with<br />
fellow Alumni and other<br />
industry professionals based<br />
in the area.<br />
8th Breakfast Forum<br />
'What should you own in<br />
the next five years'<br />
Tuesday 11 October,<br />
7.45am-9.45am<br />
Speakers: Mike Slade, Chief<br />
Executive, Helical Bar, Toby<br />
Gibbon, Partner, GM Real, Bill<br />
Hughes, Managing Director,<br />
Legal & General Property<br />
Chair: Bryan Laxton, CEO UK,<br />
Cushman & Wakefield<br />
Venue: Hogan Lovells, London<br />
Tickets: £40 / Concession:<br />
£20<br />
The event, kindly sponsored by Savills, was also an opportunity for<br />
<strong>RREF</strong> to thank their Corporate Patrons who generously donate<br />
£5,000 per year to support <strong>RREF</strong>'s core activities and projects. Each<br />
were presented with a plaque and certificate from the charity's<br />
Chairman, Prof. Tony Downes, Deputy Vice-Chancellor University of<br />
Reading, which it is hoped will be displayed proudly at their<br />
respective offices.<br />
Nicole Gillham, Executive Director of <strong>RREF</strong> commented: "This was a<br />
great opportunity to bring together those alumni and industry<br />
partners who have helped make <strong>RREF</strong> the successful educational<br />
charity and alumni association it is today. From a small group of<br />
Founder donors to over 6,000 alumni members and sixteen<br />
Corporate Patrons and many other firms which so generously<br />
support us. The students that we are able to help either financially<br />
or through our mentoring programme and internship scheme are a<br />
credit to <strong>RREF</strong> and Reading."<br />
<strong>RREF</strong> Bursaries - Make a difference today<br />
So far this academic year, <strong>RREF</strong> has awarded 22 undergraduate and<br />
postgraduate students bursaries totalling £49,300. A recent recipient<br />
from the hardship fund is Sarah Hughes who is studying the Flexible<br />
Masters in Real Estate Investment and Finance and was awarded a <strong>RREF</strong><br />
Bursary and the Clayton Bursary which is generously sponsored by<br />
alumna Sue Clayton.<br />
RG10 Charity Rugby Match,<br />
Reading V Oxford Brookes<br />
Thursday 20 October 2011<br />
from 7.30pm<br />
Venue: Richmond Athletic<br />
Ground, TW9 2SS<br />
Players and spectators<br />
welcome!<br />
To register your interest<br />
contact<br />
Gavin.kamara@cbre.com<br />
<strong>RREF</strong> 10th Annual Dinner<br />
Wednesday 2 November<br />
2011 from 6.45pm - 1am<br />
Venue: Grange St. Paul's<br />
Hotel, London<br />
Tickets:<br />
£95 - Alumni Ticket*<br />
£1,000 - Corporate table of<br />
10
Sarah commented: "My current financial circumstances mean that I<br />
would struggle to afford to continue studying the Masters degree I<br />
started last year. With the support of these bursaries I am now able to<br />
carry on with my degree and undertake two more modules without an<br />
unwieldy financial burden. Education is something I value very highly,<br />
and I find it heartwarming that <strong>RREF</strong> contribute so actively and<br />
positively to people's lives in this way by removing financial barriers to<br />
studying. I can't thank enough the donors whose generosity enabled the<br />
bursary to be awarded - their kindness means so much to me."<br />
It is thanks to all <strong>RREF</strong> donors - Pioneers, Friends and Corporate<br />
Patrons that <strong>RREF</strong> is able to support students like Sarah who, without<br />
financial help from <strong>RREF</strong>, may not be able to continue studying. There is<br />
little financial support available to Masters students from other sources<br />
such as the University, banks or the Government.<br />
If you would like to support a Bursary and/or the Hardship Fund please<br />
contact Nicole Gillham n.gillham@rref.reading.ac.uk or 0118 378 4193.<br />
*£65 - Concession - 2011<br />
graduates<br />
*£75 - Concession - 2007,<br />
2008, 2009, 2010 graduates<br />
To book a place at any of<br />
the above events please<br />
contact Laura Coates<br />
l.coates@rref.reading.ac.uk<br />
or 0118 378 4191<br />
Forward the email<br />
to a colleague<br />
Alumni News<br />
Celebrating Universities Week and Donor<br />
Pin Week 13- 19 June<br />
Today is the first day of Universities Week, a<br />
national campaign which aims to highlight the<br />
essential contribution and impact of our country's<br />
universities. The University of Reading will be<br />
running a number of events during the Week,<br />
including the opening of the new Enterprise<br />
Centre.<br />
We would like to thank all our donors for supporting <strong>RREF</strong> and the<br />
University of Reading, and have encouraged all our Pioneers, Founders<br />
and Friends to wear their donor pins during Donor Pin Week. This is a<br />
celebration of the generosity of our donors and a national initiative<br />
aimed at raising awareness of philanthropic support for higher<br />
education.<br />
If you would like to donate, there is no better time to make a gift,<br />
because until 31 July 2011, it could be worth up to 58% more at no<br />
extra cost to you. The Government Matched Giving Scheme means that<br />
every donation is matched 1:3, adding 33% to your donation. With Gift<br />
Aid the value of your gift will therefore be increased significantly,<br />
enabling us to support more students through their academic and extracurricular<br />
experiences.<br />
New Pioneer - Mark Ridley, Chairman and Chief Executive<br />
- Savills UK Commercial<br />
Aged 49 Mark joined Savills in July 1996<br />
and was appointed to the Group Executive<br />
Board when it was formed in February<br />
2008. He was appointed Chairman and<br />
Chief Executive of Savills Commercial<br />
Limited in January 2008 and prior to this<br />
appointment was head of the Manchester<br />
office, which he set up in 1996.<br />
Have your<br />
details changed<br />
Login/Register<br />
Donate now<br />
<strong>School</strong> of<br />
Real Estate<br />
& Planning<br />
<strong>Henley</strong> <strong>Business</strong> <strong>School</strong><br />
University of Reading Alumni<br />
Join Us Online<br />
It is now even easier to keep in<br />
touch with us and find out about<br />
our upcoming events and<br />
activities.<br />
We are now on Twitter! Click<br />
here to follow us.<br />
group of students'.<br />
Mark attended the University of Reading<br />
and studied BSc Land Management from<br />
1981 to 1984. He recently came back to<br />
campus to see the new <strong>Henley</strong> <strong>Business</strong><br />
<strong>School</strong> building and give a talk to students<br />
about life at Savills, saying: 'I was<br />
delighted to help - they were a very good<br />
Click here to join us on Facebook
RG10 Update<br />
Fresh from the <strong>RREF</strong> Supporters Event,<br />
it remains a timely reminder of <strong>RREF</strong>'s<br />
phenomenal success that it has grown<br />
to become the sector's largest alumni<br />
body in just ten years. Perhaps taken<br />
for granted, the reality is that <strong>RREF</strong>'s<br />
model is enviously admired by rival academic disciplines and institutions<br />
alike.<br />
Click here to join us on Linkedin<br />
At the Annual Lecture in May, members were treated to a rare debate<br />
between the Grosvenor, Crown and Howard de Walden Estates. The<br />
significance of the occasion was not lost on a packed audience. Again<br />
this demonstrated <strong>RREF</strong>'s ability in attracting some of the biggest<br />
names in the industry to share their experiences.<br />
Going forwards the RG10 committee are looking at exciting new events<br />
to add to the calendar. We will continue to keep you updated and<br />
encourage anyone to share with us suggestions and ideas for the future.<br />
Next up we have our quarterly drinks on the 16th June at Market Bar<br />
and we hope to see many of you there - all 2011 graduates welcome!<br />
Oliver Sprackling (2009 graduate), CBRE<br />
<strong>RREF</strong> Update<br />
Mentoring Awards 2011 - THE WINNERS!<br />
Thank you to all of those Mentors and Mentees who nominated their<br />
respective partner for the new Mentoring Awards launched at the<br />
Mentoring reception in February. It was a difficult decision with some<br />
very strong contenders, but we are pleased to announce the following<br />
winners:<br />
Mentor of the Year - Nick Pemberton, Colliers International<br />
Mentee of the Year - Georgina Botterill, BSc Real Estate - Part 3<br />
Georgina was nominated by her mentor Holly Franklin<br />
(MSc Real Estate 2006) for her professionalism,<br />
maturity and commitment to the Programme among<br />
many other reasons and is without a doubt a model<br />
mentee who has worked hard to make her mentoring<br />
relationship a resounding success.<br />
Georgina remarked: "I am delighted to have won this<br />
award, having greatly enjoyed the regular contact with<br />
my mentor throughout my university career. The <strong>RREF</strong><br />
Mentoring scheme works well to improve students'<br />
understanding of the surveying industry by enabling interaction with<br />
experienced professionals. The opportunity to take part in such a<br />
scheme sets the University of Reading apart as a leading provider of<br />
commercially aware graduates."<br />
Nick's nomination stemmed from his dedication to the Programme with<br />
time and expertise and his pure determination to help his mentee<br />
Graham Sloan (BSc Real Estate) succeed, going above and beyond the<br />
call of duty as a mentor.<br />
Nick commented: "I have found the mentoring process<br />
hugely rewarding and would encourage other Land<br />
Management alumni to become involved. It has been<br />
made easier by having a hard-working and dedicated<br />
mentee, who has secured a graduate position with one<br />
of the main advisory firms."<br />
Both recipients will receive a prize and an award,<br />
along with a VIP ticket to the 10th Annual Dinner in<br />
November where they will be saying a few words<br />
about winning and their participation.<br />
If you would like to offer your time as a mentor to a student, please
contact Emma Pryke 0118 378 4192 e.pryke@rref.reading.ac.uk<br />
Agents, clients and old friends battle it out at the <strong>RREF</strong><br />
8th Annual Golf Day<br />
On Thursday 19 May <strong>RREF</strong> hosted 50 alumni and industry figures for<br />
a competitive 18 holes of golf at Mill Ride, the championship course<br />
based in Ascot.<br />
Players arrived to glorious sunshine and enjoyed a BBQ lunch on the<br />
terrace overlooking the 18th hole. Whilst on the course business<br />
strategy was put aside as teams of University friends, colleagues<br />
and clients focused on keeping out of the six water features and<br />
winning one of the prizes on offer. There were competitions for the<br />
'Longest Drive' and 'Nearest the Pin' along with Player of the Year<br />
and as it was they all went to Neil Yeomans, part of 'Team 1979'.<br />
Golfing veterans were quick to warn Neil that he would need to keep<br />
practicing to hang on to the title next year!<br />
James Abrahams, Partner at Allsop, the event sponsor, helped to<br />
organise the day and commented: 'A fantastic day where we were<br />
delighted to lend our support as sponsor to <strong>RREF</strong>. I suspect the<br />
members will be finding Allsop logoed balls around Mill Ride Golf<br />
Club for many years to come!"<br />
The day raised over £3,500 for the charity which will support the<br />
<strong>RREF</strong> Hardship Fund for students currently studying at Reading.<br />
To play next year contact Laura l.coates@rref.reading.ac.uk<br />
What's happening at Reading<br />
Women in Property Student Awards 2011<br />
Erica Macheriotou, a Part 2 student on the BSc Real Estate programme<br />
and winner of the CoreNet Global UK Essay Prize in 2010, was one of<br />
the few students shortlisted in the South East region for the Women in<br />
Property National Student Awards this year.<br />
The Awards were launched in 2007 to mark the 20th Birthday of the<br />
Association of Women in Property. Their aspiration, as an organisation,<br />
is to recognise excellence, encourage up-and-coming talent and nurture<br />
the role models of tomorrow. Erica's nomination was based on her<br />
impressive academic abilities (gaining one of the highest overall marks<br />
in the first year of the BSc Real Estate course), management of personal<br />
development, commitment to the industry and more.<br />
Roger Gibbard, Head of <strong>School</strong> commented, "It was great to see the<br />
<strong>School</strong> of Real Estate & Planning justifiably represented in a group of<br />
such promising talented young women. Unfortunately her presentation<br />
was not selected to go forward to the National Awards, just losing out to<br />
another Reading student from the <strong>School</strong> of Construction Management.<br />
However, Erica was able to demonstrate her skills and passion for<br />
property in her display at this week's regional award ceremony, and was
able to discuss her project with key people from the industry."<br />
Students visit the Blade<br />
As part of the restructured undergraduate<br />
programme, the first year Real Estate and<br />
Planning undergraduates have undertaken<br />
a series of projects throughout the year<br />
which are designed to develop their<br />
research skills as well as making<br />
connections between the various elements<br />
of their studies.<br />
These projects are based on real-world<br />
scenarios and are all focused on Reading<br />
and so they now know the Reading<br />
property market almost as well as they<br />
know the bars!<br />
Ed Jones of PMB Holdings (BSc Land Management 1988), offered to<br />
show the students around The Blade (Reading's new iconic office<br />
building) and it seemed like a fitting end to the projects. Indeed it<br />
was; Ed gave the students a valuable insight into the many aspects<br />
of the development process through the story of this building and of<br />
course, the view from the top floor was amazing despite the rain.<br />
Cathy Hughes, Undergraduate Admissions Tutor, commented "It was<br />
a great visit - good to have a new landmark building in Reading and<br />
also to have alumni like Ed Jones who give so much back to the<br />
current students."<br />
Support us - become a Friend of <strong>RREF</strong><br />
All gifts to the Reading Real Estate Foundation will be directed to support<br />
education at the <strong>School</strong> of Real Estate & Planning within <strong>Henley</strong> <strong>Business</strong><br />
<strong>School</strong>, helping to provide student bursaries, career development activities,<br />
outreach projects, advisory boards and an Alumni Association.<br />
Just £10 per month makes a difference. There are over 5,500 alumni and<br />
we no longer have a membership fee, but as a charity we do rely on your<br />
generosity as alumni to support us. 100% of your donation is used to<br />
develop and sustain our core educational activities and bursaries, making a<br />
difference to the next generation of Real Estate and Planning professionals.<br />
To give to <strong>RREF</strong> please click on 'Donate Now'(right-hand side of this email)<br />
or visit http://www.rref.net/<br />
Registered in England Company No: 4347140 Charity No: 1092627<br />
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