Chris Taylor, the Chief Executive of Hermes Real Estate and Head of Private Markets at Hermes Investment Management, will today become the President of the British Property Federation (BPF).
Taylor will succeed Legal & General’s Bill Hughes, who will stand down at the BPF’s Annual Reception, held this evening at the Corinthia London.The BPF has appointed Paul Brundage, Executive Vice President and Senior Managing Director - Europe at Oxford Properties, as its new Junior Vice President.Brundage will take over the Junior Vice President position from SEGRO’s David Sleath, who is now the BPF’s Vice President.
Melanie Leech, Chief Executive of the British Property Federation, commented: “I am delighted to announce the new BPF Presidential Team.“
The coming year will be an interesting one, as we settle in to the new government and contend with potentially enormous constitutional changes as we move towards an EU Referendum and work on delivering devolution across the UK. We look forward to working with Chris over the next 12 months to tackle these challenges head-on.
“Paul’s range of experience within the real estate industry and his valuable contributions to the BPF policy committee over the years mean that he will be an excellent addition to the presidential team. In particular, his international experience and expertise will be an enormous asset. As the UK looks to promote itself and compete on an increasingly globalised stage, Paul’s knowledge in this area will be invaluable to tackling future challenges that the industry might face.”
Chris Taylor added: “It is a great honour to take on the role of BPF President at this crucial time. With a new Government now in place, it is vital that we now promote a proper context for the real estate industry setting out clearly how it contributes to overall economic growth, the country’s infrastructure (including accessible housing) and great places for people to live, work and enjoy.“
Within this wider context, I believe we will then be able to better engage with Government and be perceived as a thoughtful, responsible and long-term industry body. This will enable us to tackle key issues, including devolution to our regions to ensure a balanced economy and address the chronic housing shortage.
“We have an excellent executive team and together with the BPF Committees are well positioned to proactively tackle these issues to the wider benefit of our members and society at large.”
Paul Brundage said: “The world is changing faster than ever and it is imperative that the government understands the role that real estate industry has to play in keeping up with the challenges of growing globalisation, urbanisation and digitisation. The BPF has a proven track record of engaging productively with government and outlining the contribution our sector makes to society, and this will become more and more important over the coming years.“
It is an honour to have been asked to be Junior Vice President of the BPF and I very much look forward to working alongside Chris Taylor and David Sleath in this position to build on past successes and ensure that government is aware of the partnership that we are offering.”