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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 />

This message was sent to e.pryke@rref.reading.ac.uk by Reading Real Estate Foundation using newzapp email<br />

marketing. Follow this link to Unsubscribe.

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