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The 2013 Awards Event Edition
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A rare opportunity to join John Snow and Paul White, for a two-hour long, guided coach tour of the West End. A fantastic mix of guaranteed laughs and insight into one of the world’s most exciting markets, whilst raising money for LandAid. Hear what two of London’s most well known property personalities have to say about the West End, its occupiers, its developers and its world class buildings.
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Welcome from Sociable Surveyors Thank you for coming to the third Sociable Surveyors Awards Event, the largest event of the year for young property professionals.
This evening is all about celebrating the incredible successes of the winning interns of the Global Internship Scheme. These lucky students will intern with the best firms in the industry and gain invaluable experiences that will dramatically improve their chances of getting jobs. Those of you that aren’t students, we hope you can share some of your experiences with everyone over a drink after the speeches and awards. We hope you enjoy the evening. Elliott and Sebastian
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Facts:
• Since 2011 we have placed over 100 students on fully paid internships • In 2013 we received over 900 applications to the Global Internship Scheme • Sociable Surveyors have helped raise almost £10,000 for LandAid
RICS – The world’s leading qualification in land, property and construction
rics.org/joinrics
Leader Mike Philips Editor of Property Week
Mike joined Property Week in October 2006. He is responsible for all of Property Week’s content on the digital platforms – tablet, mobile and online. Property Week is currently PPA business brand of the year and AOP business
Property is always typecast as a pretty reactionary, unchanging industry. But as with so many sectors, the way that property works is undergoing a fundamental shift at the moment, driven by technology, economics and global demographics.
as wide an audience as possible, websites like Appear Here are filling vacant retail units without the need for agents at all, and peer-to-peer lending and crowd funding are filling a small part of the gap left by banks. Ignore these platforms at your peril.
Here are three ideas or trends that will change the way people in property work – for the better:
“Twitter is starting to be used by some agents as a way of disseminating new leasing instructions”
Overseas investment The social and economic implications of the boom in overseas investment are completely intertwined. The ceremony to mark the start of the redevelopment of Battersea Power Station two weeks ago was perhaps the most multicultural event in UK property history, with South East Asian faces outnumbering old white men in suits for once. It was refreshing and different. The Malaysian prime minister talked of how only with a partnership of Malaysian money and British expertise could Battersea be a success. The property industry is going to have to look beyond its traditional cultural bounds in order to flourish.
Collaborative workspaces An extension of the above, the most innovative, dynamic companies working in the tech sector today don’t tend to start by working in their own self-contained 500 sq ft office. They are all starting life in their own co-working spaces, offices where different companies work cheek by jowl in the same space, no walls between them, sharing ideas and benefitting from each others innovations. Property has always been a collegiate industry, but it can learn from this – even within big companies, changing office environments to encourage more interaction between divisions could be revolutionary – it is amazing when you hear a City investment agent say he doesn’t know what big leasing requirements are out there because his colleague deals with that sort of thing.
Disruptive technology The technology, media and telecommunications sector is the talk of property at the moment, but the technological revolution will affect property beyond a growing new sector to which the industry will lease space. Twitter is starting to be used by some agents as a way of disseminating new leasing instructions to
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If only there was an award for best recruiter......
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Guest Speakers David Atkins Chief Executive of Hammerson David joined Hammerson in 1998 from international property adviser DTZ. He is Chairman of the European Public Real Estate Association, Junior Vice President of the British Council of Shopping Centres and a member of the British Property Federation Policy Committee.
John Slade Chief Executive of BNP Paribas Real Estate John joined BNP Paribas Real Estate as UK Chief Executive in June 2012. Prior to this, John was Chief Executive of Accrue Capital. He was previously joint Chairman of Capital Markets and Managing Director of International Investment at DTZ and Executive Head of CBRE’s City business.
Joanna Averley Chief Executive of LandAid LandAid is the property industry’s charitable foundation which invests in projects that support children and young people experiencing disadvantage in the UK.
Nigel Sellars RICS matrics National Chair Nigel is a Chartered Surveyor at Deloitte Real Estate. He sits on the RICS Nominations Committee and RICS Governing Council as the RICS matrics representative.
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Exceptional people go to KnightFrank.com/recruitment/graduates It goes without saying that at Knight Frank we are passionate about property, but it takes more than passion to make us the best. Our success is due to our people and we place great emphasis on recruiting the very best graduates globally. To find out more visit our website or call +44 20 7861 1163
How to network Emma Sinclair Founder and CEO of Target Parking Emma is a serial entrepreneur and the youngest person in the UK to take a company public. An ex-investment banker and recipient of multiple business awards, she now runs Target Parking, and writes a business column for The Telegraph.
It’s often said that it’s not what you know, it’s who you know.
If there’s a reception afterwards, stay and make conversation. Be brave, introduce yourself and have an ‘elevator pitch’. So named because it should be able to be delivered within the timeframe of a short elevator ride, it’s a snapshot of who you are and what you want to do.
One of the reasons students go to university is to prepare for the career of their dreams. The way you connect with people needs to evolve to assist with that goal and the power of a network is a very important part of that process.
Remember names - and where and when you met people - making notes on business cards you receive so you don’t find that card in your pocket a few days later … and draw a blank.
Networking with your peers is easy. Social media – including Facebook and Twitter – allow you to keep in touch with those you already know as well as track people you are interested to meet. Follow journalists covering sectors that interest you as well as people in jobs you find appealing. Engage in conversation – but only if you have something interesting to say.
“Networking is an essential wealth builder.”
Go to talks. Many businesses and government backed initiatives host events with interesting and inspiring speakers. Ask a question as it’s a great way to get noticed in a crowded room - and it gives you an excuse to approach the speaker afterwards.
Even if you are not sure what you want to do once you graduate, cultivating an interesting circle of people can not only help when it’s time to find a job but your new and widened circle can serve as everything from a source of advice to mentoring.
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Friday 5 July 2013
Sociable Surveyors went on a City coach tour with two giants of property. Property Week rode along.
late 1980s, this building was the home of BP,” he says. “They decided to do a sale and leaseback, and took a four-year lease. A company called EIE bought it off a yield of 5% at £220m, which was very expensive. BP moved out and EIE sold it to Development Securities for £38m — one of the biggest ever losses in the City.”
It is probably a long time since Mike or John Slade had to get the bus. The Helical Bar and BNP Paribas Real Estate Chief Executives have, after all, been grandees of the property world for quite some time. Perhaps that is why they are both wearing bus conductors’ hats. And singing Cliff Richard’s hit, Summer Holiday.
Sobering stuff. But almost immediately Mike pitches in with a happier tale from the same period. Pointing in the direction of the Pentagon building at 48 Chiswell Street, he informs us that this was his first building. “When I started Helical Bar in 1984, we bought that for £4m and rents were £18/ sq ft,” he says. “It took two years to get planning, rents were about £26/sq ft, I sold it to BP for about £44m and got Helical started. This street is very special for me.”
The two Slades are conducting a coach tour of the capital in aid of raising money for LandAid at the request of Sociable Surveyors, invited to impart their knowledge, and humour, to a coachload of young men and women at the start of their property careers.
John is less impressed with Mike’s early work as we pass 99 City Road, home to Inmarsat on Old Street roundabout.
As we pull away from Linklaters’ headquarters at One Silk Street, John takes the opportunity to offer a cautionary tale: “At the height of the market in the
“This is one of Mike’s really ugly developments,” he says. 10
“You didn’t build very nice buildings in those days!” But Mike is not swayed from his happy memories that easily.
It is not just the South Bank that he believes is becoming increasingly viable. Passing through Holborn, he says: “I always regarded Midtown as a bit of a poor relation to the West End and the City. But with improvements in communications, plus Crossrail and Thameslink, it’s really opened up. It’s starting to form a much more continuous bond with the City. I think you’ll see some very substantial development.”
“Isn’t that a thing of great beauty?” he protests. Beautiful or not, these are the kind of insights that the surveyors are keen to hear.
“Facts and figures can be read from a page, but a personal perspective on how the deals are done is another matter.”
The bus stops off at King’s Cross for a guided tour of the site, where the guests hear about progress on BNP Paribas’s future office, which will house the real estate business. Back on the bus, we head towards BNP Paribas Real Estate’s current headquarters for a welcome few drinks. The tour is nearly over, and the two Slades’ blend of advice and banter seems to have gone down well.
As the bus winds its way eastwards along Old Street, John appears baffled by his surroundings.
Passing the vicinity of London’s tallest building offers John the opportunity to outline some thoughts on how the City will come to be defined.
In 30 years’ time, perhaps two of this afternoon’s attendees will be sitting on a bus, offering their advice to the next generation of surveyors. There will no doubt be a different route, with tales told of huge deals in places such as the South Bank and Farringdon. But some things might not change. The tour guides could still be wearing bus conductors’ hats.
“A bit maligned, the Shard,” he says. “But I can see that being fully let by the end of next year. I do think the south bank is changing and becoming very viable. Rather than just a bull market phenomenon, it’s becoming a full-time part of the City.”
Read other press articles about Sociable Surveyors at www.sociablesurveyors.com
“I don’t know where we are now,” he says. “Must be Shoreditch!”
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Your opinion counts What’s more important in the current occupational property climate?
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2013 Winners A very special congratulations to the winners of the 2013 Global Internship Scheme
Explorer Halliburton - Norway, Africa & Poland Henry Toloczko Global Bouygues - Paris Gregory Tarn Capita Symonds - Edinburgh Gregory Loizou Cushman & Wakefield - Frankfurt Aneta Popiel Knight Frank - Shanghai Phillip Anderson Knight Frank - Dubai Lloyd Harrison Savills - Sydney Hugo Lear Savills - Tokyo Sandra Nwachukwu Hybrid Ashfords, Bouygues & Jones Lang LaSalle Duncan Crooks Ashfords, Bouygues & Jones Lang LaSalle TBC Berwin Leighton Paisner, Land Securities & Knight Frank Aneta Popiel Berwin Leighton Paisner, Land Securities & Knight Frank Lloyd Harrison Herbert Smith Freehills, Hammerson & DTZ UGL James Willson Herbert Smith Freehills, Hammerson & DTZ UGL Elizabeth Dear Howard Kennedy FSI, Berkeley Group & Capita Symonds Joe Skinner Howard Kennedy FSI, Berkeley Group & CBRE TBC Mishcon de Reya, Brookfield & CBRE Marc Tevendale Mishcon de Reya, Brookfield & CBRE Caitlin Ballard Nabarro, British Land & Savills Dominic Ball Nabarro, British Land & Savills Harry Chapman London Capita Symonds Lee Fitzgerald CBRE Sophie Hanson CBRE Caitlin Ballard CBRE Emma Thompson CBRE Lloyd Harrison Hammerson Harry Chapman Hammerson Sophie Hanson Jones Lang LaSalle Emma Hollyman Knight Frank Ihemba Mbamba Malcolm Hollis Conor Ducker Malcolm Hollis Duncan Crooks Savills Elliot Hathaway Savills Emma Thompson 13
Charity Auction Use the auction paddle on the back page of this magazine so the auctioneer can see your bid!
Auction Lots. 1 Return trip to Paris by Eurostar and lunch on the Champs-Élysées with John Slade, Chief Executive of BNP Paribas Real Estate
2 Tour of 20 Fenchurch Street for 10 people followed by drinks afterwards
3 Tour of the Canary Wharf Marketing Suite and Level 39 Tech Hub for 20 people followed by drinks afterwards
4 Drinks at Babble Mayfair, dinner at Fino’s Mayfair, two tickets to a West End show and the Knight Frank chauffeur for the whole evening
Kindly donated by Canary Wharf Group
Kindly donated by Knight Frank
5 Tour of 62 Buckingham Gate for 10 people followed by drinks and nibbles at Royal Quarter Café
6 Guest authorship of a full page article on a topic of your choice in Property Week
Kindly donated by Canary Wharf Group
Kindly donated by Land Securities
Kindly donated by Property Week
7 Dinner for five people with Mark Ridley, Chief Executive of Savills UK at Savills’ new Global Headquarters
8 Lunch for three people with Mike Slade, Chief Executive of Helical Bar at Scott’s Restaurant, Mayfair
Kindly donated by Savills
Kindly donated by Helical Bar
9 Lunch for five people with Paul White, Chief Executive of Frogmore at Mark’s Club in Mayfair
Auction conducted by Richard Auterac at:
Kindly donated by Frogmore Property
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Charity Raffle Fingers crossed your numbers are called out!
Raffle Prizes. 1 Bottle of Vodka and free entry for ten people at Raffles private members’ club, Chelsea
2 £500 table, bottle of Vodka and free entry for ten people at Bodo’s Schloss nightclub, Kensington
Kindly donated by Raffles
Kindly donated by Bodo’s Schloss
3 £150 voucher for Roast restaurant in Borough Market
4 Two backstage tickets to a Channel 4 show
Kindly donated by Roast Restaurant
Kindly donated by Channel 4
5 £100 Brent Cross shopping centre voucher
6 Five tickets to Snow White Tour of the West End
Kindly donated by Hammerson
Kindly donated by Sociable Surveyors
7 £100 lunch voucher at Ziani, Chelsea
8 Two wicker baskets of vintage Champagne
Kindly donated by Ziani
Kindly donated by Knight Frank
9 An iPad Mini
10 An off the peg shirt from bespoke shirtmaker Emmett
Kindly donated by JJ Homes
Kindly donated by Emmett
Last year’s Charity Auction and raffle raised over £3,500. Please don’t be afraid to help us beat this! 15
Use this bidding paddle for the
Charity Auction!
See Page 14 for the auction lots.