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Speaker's
Biographies |
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| IPF
Module |
Module
Leader |
Speakers |
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Introduction to Investment |
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Valuation and Portfolio
Theory |
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| Financial
Instruments and Investment Markets |
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| Advanced
Property Investment Appraisal |
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| Property Finance & Funding |
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| Portfolio Management |
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International Property Investment |
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| Indirect Property Investment |
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Indirect Property
Investment
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Joint
Module Leader: Xavier Jongen |
| Rabo
Bouwfonds REIM |
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| Xavier
Jongen (Las Palmas, 1970) graduated at a
the IEP de Paris, followed by a post-graduate
Master at the College of Europe (graduated
with honors) and a post-graduate RICS diploma
in Property and Business at the Cambridge
International Land Institute.
Xavier has been working in the European
property industry since 1996. He firstly
joined ECORYS, an international research
and consulting organization, after which
he joined ING Real Estate as a Senior Analyst
and later as the Associate Acquisitions
for continental Europe. Xavier currently
works for Rabo Bouwfonds REIM as the Manager
New Markets. From 1995 until May 2005, Xavier
also worked as an external public speaker
for the European Commission in Brussels.
Xavier is a Governor of the Cambridge International
Land Institute.
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Joint
Module Leader: Andrew Appleyard - Aviva Investors
Andrew
joined Aviva Investors in October 2003 as fund manager of the Aviva Life funds
out of town retail &leisure portfolio,moving to his present position of
Head of UK Specialist Funds (Real Estate) in November 2007.He manages a team of
9 sector specialist funds with a gross property value of approximately
£5.6bn(as at end of March 2009).Previously ,he worked at Henderson Global
Investors specialising in property fund management and investment for client
funds.He was heavily involved in the establishment of the HGI Retail warehouse
fund and the Covent Garden Partnership with Scottish widows. Andrew
holds a BSc (hons) in Land Management from Reading University and has completed
the UKSIP Investment Management Certificate.He is a member of the Royal
Institution for Chartered Surveyors and was the Chairman of Accessible
Retail.He sits on the Investment Property Forum property indirects committee
and the AREF indices committee.
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Introduction
to Investment Valuation and Portfolio
Theory
Module
Leader: Eva Steiner
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Eva
is an analyst in the European Strategy & Research team of LaSalle
Investment Management in London where she focuses on the analysis
of the UK and continental European real estate markets. Previously, she
worked as a consultant at Christie + Co in Munich specialising in the
valuation of hotel property across Europe as well as transaction advice.
She holds
a BA degree in Business Administration from University of Heilbronn,
Germany, as well as an MPhil degree in Real Estate Finance from
University of Cambridge, UK.
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Charles Follows BSc BSc MBA FRICS
Charles is the Director of UK Research and Strategy at ING REIM (UK)
Ltd. Charles has over 30 years of practical experience of the UK
property investment market. He qualified as a chartered surveyor after
gaining a BSc in Estate Management. Charles also holds an MBA, a BSc in
Mathematical Sciences, a Diploma in Statistics and has completed the
Investment Management Programme at the London Business School. He holds
the IMC and is a member of UKSIP, and is an FSA approved person.
Prior to joining ING REIM Charles was the first Research Director of
the Investment Property Forum for three years. He developed a
structured, rigorous and effective research programme for the IPF,
which achieved international recognition.
Previously, Charles was a Director of Investment Research of CB Richard
Ellis, leading the Forecasting and Investment Strategy Team. He advised
a number of large investors on strategic and tactical investment
issues, and led a property forecasting service. In previous
appointments, he was the fund manager for a number of direct property
investment portfolios, was a Director of a property subsidiary of an
investment bank and was Head of Research at Healey & Baker (now
Cushman & Wakefield).
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Financial Instruments
and Investment Markets
Module
Leader: Philip Booth BA FIA FSS |
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Professor of Real Estate
Finance at City University Business School,
Philip Booth has a wide experience teaching
and researching investment and asset markets.
He has also recently worked on secondment
at the Bank of England where he is currently
a consultant adviser. He has previously
worked for AXA Equity & Law. His teaching
and research interests include institutional
investment, asset allocation, real estate
investment analysis and social insurance
reform. Philip is Associate Editor of
the British Acturial Journal and co-authored
with George Matysiak The Pensions Act
1995 and Property Investment prepared
for the Investment Property Forum. He
has also co-authored the books "Investment
Mathematics and Statistics" and "Modern
Actuarial Theory & Practice" |
Tony Key
Joined Cass Business School as Professor
of Real Estate Economics in January 2003.
He had been since 1988 Director of Research
at Investment Property Databank, undertaking
the development real estate research and
information services including a forecasts,
market analysis, tenant risk assessment.
He produced many commissioned reports and
conference papers on issues such as property
cycles and investor performance. He also
led the introduction of new real estate
index and benchmarking services in Scandinavia
and Canada. Through the 1970s and 1980s,
Tony worked on urban and regional development
projects in government, at the Centre for
Environmental Studies, and was a Partner
of Property Market Analysis. |
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| Property Investment Appraisal
Module
Leader: Dr. Albert Cao BSc, Msc, PhD
Robert Couchman BSc FRICS MISM
Robert
Couchman is a Visiting Professor and Director
of International Studies at the Royal Agricultural
College. He was formally the Managing Director
of the Peer Group an investment/development
company with a gross asset value of £200
million and now runs his own property and
academic consultancy business SGT International
while acting as Senior Consultant for Peer.
He has previously been a full time academic
for 16 years in UK, Singapore, Malaysia
and Hong Kong where he was the Head of Department
of Building and Surveying at the Hong Kong
Polytechnic University. In 1989 he became
a partner of Levett and Bailey and then
a founding partner of Brooke Hillier Parker
in Hong Kong before moving down to run the
BHP office in Jakarta. He returned to the
UK in 1994 to take up his position with
the Peer Group. He is currently working
on a series of investment and development
projects both in the UK and overseas.
Judy Smith - Kingston University
Judy spent several years practising as a Chartered Surveyor in the
public sector with the Inland Revenue and in a consultancy capacity
before becoming a lecturer at Kingston University. Judy’s specialism is
property investment, valuations and IT applications and she has carried
out some analytical research for King Sturge and the RICS. She is a
member of the Investment Property Forum’s academic faculty, has
published in academic journals and is co-author of Property and
Construction Economics published by Thomson International Business and
Real Estate Appraisal from Value to Worth published by Blackwell
Publishing. Judy is currently involved in researching a sustainable
calculation of worth model and a peer mentoring approach to support
year one
undergraduate studies.
Tony
Key
Joined Cass Business School as Professor
of Real Estate Economics in January 2003.
He had been since 1988 Director of Research
at Investment Property Databank, undertaking
the development real estate research and
information services including a forecasts,
market analysis, tenant risk assessment.
He produced many commissioned reports and
conference papers on issues such as property
cycles and investor performance. He also
led the introduction of new real estate
index and benchmarking services in Scandinavia
and Canada. Through the 1970s and 1980s,
Tony worked on urban and regional development
projects in government, at the Centre for
Environmental Studies, and was a Partner
of Property Market Analysis.
Graham
Chase
Graham Chase was RICS President for the
2006/2007 session. He also led the RICS
Code of Practice for Commercial Leases team
which was successful in persuading Government
not to legislate on market based issues.
He has been involved in the commercial property
sector for the last 30 years. Specialising
in retail and leisure property, he set up
his own practice, Chase & Partners of
which he is Chairman, in 1995, having been
previously Chairman of the Retail Division
of Colliers Erdman Lewis and prior to that
a Partner at Clive Lewis and Partners.
Other recent activities include advising
on the acquisition of the Iceland Group
and Booker Group and the sale and leasebacks
with a value in excess of £350m.
He receives a number of appointments as
an Independent Expert and Arbitrator on
disputes between parties on rent reviews,
service charges, development agreements
and other issues in the retail and leisure
property sectors and is a member of the
President’s Arbitrator and Independent
Expert Panels. He is the executive author
of the Lease Renewal Handbook by RICS Books.
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| Property Finance & Funding
Module
leader: Werner Bäumker, Grosvenor
Werner
works at Grosvenor as Group Projects & Investments Manager,
reporting directly to the Group CEO and Group Projects Director, and is
responsible for business development and strategic planning in
achieving better practice across the Grosvenor Group. Previously, he
worked at Deutsche Bank AG in Frankfurt am Main, Germany in the areas
of fund management and real estate investment banking.
Werner
holds a BSc International Business (Hons) from Warwick Business School,
University of Warwick, an MPhil in Real Estate Finance (Distinction)
from Cambridge University, and is currently pursuing a part-time PhD in
Real Estate Finance at Cambridge University.
Patrick Harnan
BSc (Hons, Dip Prop Inv, MRICS)
Rob Cutts is the Intermediary Development Manager, Property Finance at the
Nationwide Building Society
Colin Humphries – Canada Life
Qualifying as a Chartered Surveyor in 1987, Colin has worked in
valuation, investment, fund management and then banking in the UK,
Belgium, the Netherlands and Germany and is now responsible for
extending the property lending capabilities of the Canada Life
investment team in the UK and mainland Europe.
Michael Molloy – Westbrook Partners
Michael Molloy gained property surveying experience at Cushman &
Wakefield (New York and London); Analyst experience in real estate debt
origination within Deutsche Bank’s CMBS group; and switched to client
side in 2004. As an Associate for Sam Zell’s Chicago-based Equity
International fund, he gained an understanding of private equity
approaches to real estate operating platforms across Latin
America. Michael is currently Vice President at Westbrook
Partners, a private equity real estate fund focused on global gateway
cities across a broad range of sectors.
Melville Rodrigues – Partner – Mayer Brown Rowe and Maw
Experience
Property Law: considerable experience working with a range of property developers, investors, financiers and operators.
Employment
Mayer, Brown, Rowe & Maw LLP, London, 2000 to date.
Education
Cambridge University, Law degree, 1979 • Open University, MBA, 2000
Rupert Sheldon - Director - PCP
Rupert is a Chartered Surveyor and qualified in 1994. He started his
career at Gooch & Wagstaff Colliers CRE, focusing firstly on
occupational agency and then commercial investment. Rupert joined AMP
Asset Management in 1996 which then became Henderson Global Investors.
He was appointed fund manager of the £250m Henderson UK Property Fund
in 2001and became a director of Henderson in 2003. Rupert joined PCP in
2005 and oversees the Active Value Funds. Hans Vrenson is at Barclays Capital and heads research into commercial mortgage backed securities.
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| Portfolio Management
Module
Leader: Shaun Bond |
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Dr
Shaun Bond is an Associate Professor of Real Estate at the
School of Business, University of Cincinnati. Prior
to taking up the appointment Shaun was a senior lecturer at the
University of Cambridge. Before coming to Cambridge, Shaun gained
considerable experience in economic analysis having been employed as a
senior economist in the Macro-economics branch of the Queensland
Treasury Department (Australia). His time at Queensland Treasury also
included extensive experience in econometric modelling and data
analysis, having served in the econometric modelling unit and the
Government Statistician’s Office.
Shaun’s current research
interests are centred on the application of quantitative
techniques to decision making in real estate and
more generally in other areas of finance. Recent
research papers have been published in leading
real estate journals and presented at a number
of international conferences. Topics include asset
pricing, liquidity risk, the time series properties
of securitised real estate returns and the development
of dynamic models of downside risk in financial
markets. Real estate finance, financial econometrics,
risk measurement Carl Bacon - StatPro Group plc
Carl
Bacon CIPM, joined StatPro Group plc as Chairman in April 2000. StatPro
provides sophisticated data and software solutions to the asset
management industry. Carl also runs his own consultancy business
providing advice to asset managers on various risk and performance
measurement issues.
Prior
to joining StatPro Carl was Director of Risk Control and Performance at
Foreign & Colonial Management Ltd, Vice President Head of
Performance (Europe) for J P Morgan Investment Management Inc., and
Head of Performance for Royal Insurance Asset Management.
Carl
holds a B.Sc. Hons. in Mathematics from Manchester University and is an
executive committee member of Investment-Performance.com, and an
associate tutor for 7city Learning. A founder member of both the
Investment Performance Council and GIPS®, Carl is a member of the GIPS®
Executive Committee, chair of the Verification/ Practitioner
sub-committee and a member of the Advisory Board of the Journal of
Performance Measurement.
Carl
is also the author of “Practical Portfolio Performance Measurement
& Attribution” part of the Wiley Finance Series, numerous articles
and papers and editor of “Advanced Portfolio Attribution
Analysis”
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| International
Property Investment
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Module Leader: Dhananjai Dhananjai, ING REIM
Dhananjai
joined ING REIM Select (Fund of Funds business) as a Global Funds Analyst to
focus on global strategies, financial analysis, portfolio management and
investment activities. Prior to joining ING he worked for English Partnerships
as a Senior Manager where he was responsible for portfolio acquisitions and
investments, involved in structuring joint venture partnerships and developing
new programmes.
Dhananjai
has considerable experience in real estate economics and regional development
pursuing his academic interests as a part-time lecturer in Urban Finance at
University College London. Dhananjai holds post graduate degrees in Urban
Economics, and Finance from University of London followed by a Masters in Real
Estate Investment from Cass Business School. He is a member of the Royal
Institute of Chartered Surveyors.
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