Event Calendar

Taking Back Control - Why are Councils Actively Pursuing Direct Ownership of Shopping Centres?

29

Jan

2020

6:00PM – 7:30PM

Knight Frank LLP, 55 Baker Street, London, United Kingdom, W1U 8AN

The increasing activity of Councils in the shopping centre investment market has brought mixed reviews. Whilst taking control of one of the most important commercial assets in their town centre can be seen as a credible use of time and finance, concerns have been raised about the timing and practicalities of such intervention.

This talk will address the motives behind this growing trend and will tackle the challenges that have been raised by various critics across the sector. It will go on to explore the different funding options available to Local Authorities, including borrowing from the Public Works Loan Board and financing through long income strips offer with institutional investors.

This seminar provides an opportunity to hear from a leading consultant in the market, a Council who has successfully intervened by acquiring their shopping centre, and a long income funder with first-hand experience of income strips.

Speakers

Chair

    Alan Harris

    Montagu Evans LLP

Speakers

    Chris Hipkiss

    Cherwell District Council

    Neil Dovey

    Legal & General Investment Management

Non-Member Booking Information

We give priority booking to our members, but do also open up our events to non-members where appropriate. The cost of a non-member place at one of our seminars in London is £85. Please see the IPF Website for further details and to download a non-member booking form.