2021 Invitation for Research Proposals

£9,000/€10,000/$12,500 Grants Available to Fund Real Estate Research


To encourage and support research from new or recent entrants to the real estate investment industry, including graduate students and junior practitioners, the IPF has established a grants scheme to provide financial assistance. Real estate investment-related projects involving researchers from different disciplines also are welcome, although research to be undertaken by industry professionals is strongly encouraged.

The closing date for applications has now passed. The timetable for future funding rounds will be published in early 2022.

On completion, reports must include a two-page executive summary that encapsulates the research thesis, key results and, where appropriate, next steps.
Authors should note that a separate, non-technical summary, that emphasizes implications for industry practitioners or investors with a limited background in quantitative analysis, is also a requirement.

Research projects that are funded and successfully completed may be eligible for presentation to the IPF’s Research Steering Group (RSG) and/or to IPF members via webinar.

Research Priorities

To advance the real estate investment industry’s understanding of the implications for real estate pricing, risk-adjusted performance and investment strategy, research proposals should address one of the major themes of asset allocation, portfolio selection and asset management or related topical investment issues, including (but not confined to):
  • How property is financed and funded;
  • Sustainable investment/impact investing;
  • Internationalisation of real estate investment; and
  • Alternative real assets.

Research Submission Requirements

  • Only one proposal per research team may be submitted;
  • Proposals may involve research that is already underway, but not substantially complete, at the time of application;
  • Proposal must be in Word format and not exceed six (6) pages in length, doubled spaced, including references and attachments (but excluding resumés);
  • Only emailed proposals will be accepted;
  • The deadline for receipt of proposals is midnight BST, Thursday 30 September 2021.
Proposals submitted after the deadline will not be considered, nor will faxed or mailed hardcopy proposals.
To facilitate processing, applicants should present their proposal in accordance with the following structure:
Cover Page: Project title, name of researcher(s), organisational affiliation(s), contact details for each researcher (including daytime telephone number and email address), and a one-paragraph abstract of the proposal.
Section 1. Research objective, stating the question or issue to be investigated.
Section 2. Concise description of methodology; complex proposals may benefit from a diagram or flow chart presentation of the approach, in addition to the narrative.
Section 3. (a) Description of principal data sets and availability (this will be a major factor in assessing proposals); and (b) Plan for procuring third-party data in a timely manner, if the research will be reliant on third-party data.
Section 4. Research project timetable.
Appendices. A one-page resumé for each of the principal researchers, showing experience and understanding of the research topic evidenced by selective references to previous work experience, presentations and/or publications.

Applicants proposing to use data that are neither in hand or readily available are advised to include detailed descriptions of data sources, costs and timelines for acquisition in their submission.
Grants may be reduced in value by the cost of data acquisition if the IPF is able to source the required data.

Alternatively, applicants may wish to use the grant exclusively for data acquisition and this should be clearly stated when submitting proposals.

Grant Procedure

Proposals will be evaluated by the Research Grants Committee (RGC) of the IPF’s RSG.
Following selection by the RGC, one or more members of the RSG may be assigned to oversee the research project.

Funding Schedule

Funding of up to £9,000/€10,000/$12,500 is available for individual projects. The IPF reserves the right to fund a different amount. Reasonable travel costs will be reimbursed, if necessary for the execution of the research. Note any grant awarded does not extend to funding of university overhead expenses.

Payment will be made upon completion of the research to the satisfaction of the RGC, unless expenditure on data acquisition can be justified at the outset of the project. 

2022 Research Grants Timetable to be Announced