Our Association

The SPR has been representing property researchers since 1987.  Their seminars debate topical issues and the networking opportunities are unrivalled.  (They also count towards CPD hours.)  Junior analysts are able to rub shoulders with Heads of Research Departments often in informal situations.  SPR often collaborates with other associations to offer events with a wider appeal and is a member of the Property Industrial Alliance group.  Site visits are arranged for members to see 'behind the scenes' of major developments and SPR members also have the opportunity to access discounted rates to attend related courses and conferences organised by similar organisations.

Report on recent SPR event

Joint SPR/ULI European Logistics Seminar, 28th November 2017
Cushman & Wakefield


Logistics still have a long way to go

     


Speakers at this Joint SPR/ULI European Logistics Seminar confirmed that even though logistics has been one of real estate’s strongest sectors in recent years, plenty of potential for future growth still remains.

Speaking first, Alex Lund of M&G Real Estate stressed that although Europe’s logistics real estate is a highly competitive investment sector with limited supply, it promises to provide healthy future performance, driven by strong fundamentals and the growing cohesion of European economies.  Based on the parts of M&G Real Estate’s Digital Economy and Society Index (DESI) that relate most strongly to logistics – connectivity, use of the internet and the integration of digital technology – Denmark, Sweden and the Netherlands are currently in the vanguard.  But based on the speed of change – more important when assessing rental growth potential – Italy, Ireland and Spain stand out. 

Lisa Graham of Cushman & Wakefield then explained that she sees urban logistics – specifically the real estate supporting the last mile of urban deliveries – as a key segment for growth. Cushmans’ research on European cities suggests that London is set to see the biggest space requirement for urban logistics in the medium term, followed by Germany, Warsaw and Spain. Graham stressed that strong performance potential stems from the limited supply of land in major cities, an effect that will not change due to technological innovations like driverless vehicles and drones – as these will remain very much on the drawing board for years to come. In the medium term ‘virtual logistics’ could prove more important – for example, placing parking pods for electric delivery bikes in existing underground car parks.

Tommaso Franzolini of Scott Brownrigg led a panel discussion including Logan Smith of BNP Paribas Real Estate and Martina Malone of Prologis, which considered the prospects for different locations and types of logistics property.  The panel echoed Graham’s view that logistics technology is still in its infancy, both in the use of big data for analysis purposes and the development of new delivery systems. 

Tim Horsey

Chair's blog

Well, what a year. This is my last quarterly update. From now on our new website will be your first point of contact. Where do I start? I mentioned at our conference in September that this has been an exceptional year. We introduced a new logo, launched a new website (with its own teething issues, please bear with us at this early stage), hired a new Research Assistant (Mohammad Usman) and Events & Membership Secretary (Rita Gosrani) and finally, we delivered the SPR 30th anniversary conference.
 
I’d be lying if I told you that the past 12 months have run smoothly without its challenges but I can look back and safely say that we are moving in the right direction both from a society as well as professional perspective. Certainly the conference key messages will hopefully have left you with a feeling that our analytical brains will not be replaced by automated processes 30 years from now (!).

Starting with the conference, it was a pleasure to see such a wide cross-section of the membership under one roof. We are in the process of gathering your feedback and the conference write up complete with (i) a note from the president, (ii) Gerry Blundell’s paper which formed the basis of the afternoon’s breakout session as well as the (iii) results from the technology survey which you completed earlier this year will be available shortly. 

As for the website, you will shortly be able to register for our events directly online. I also invite you to check our blog tab regularly after these take place. This area will include a short summary of the most recent events and every six months we will compile the summaries  into a newsletter.

Fiona’s 25 years with the SPR officially comes to a close. And while I have already shared a few teary moments with her she looks forward to starting a new chapter with us under her well-deserved Fellow title for exceptional services to the Society. 

Lastly I wish next year’s Chair the very best for the 2017/2018 season. Which leaves me to thank the wonderful committee team who ‘run the shop’ tirelessly for you all. It has been a steep learning curve and none of the SPR’s achievements would be possible without you; Kiran, Oli, Sandip, Tom, Danielle, Cleo, Lucy, James, Samuel, Matteo, Annabel, Helen, Farhaz, Monika, Rita, Charles, Fiona, Joanna, Arvydas, Mark and Craig. 

Thank you all and hope to see you for a celebratory toast at the AGM and/or annual dinner on the 9th November which promises to be a grand affair at the Royal Automobile Club.

 


Vanessa Muscarà
September 2017


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