Playing the Property Investment Game with Confidence

Training

Event summary

This event has been specially developed to support local authorities develop a robust Investment Property strategy. In recent years, councils across England have borrowed massive sums to finance the purchase of real estate. Commercial property investments can help with closing the budget gaps, but can at the same time be very volatile. This event will consider the area in greater detail and provide expert tips on how authorities can handle the risks better in the future and reap financial rewards.

Date

30 April 2019
Starts: 10:00
Ends: 15:30

Location

CIPFA Mansell Street
77 Mansell Street
London
Greater London
E1 8AN
[See map]

Standard price

£295.00 excl VAT

Network Member Price

£195.00 excl VAT

Book now

About this event

Local authorities across the country struggling to make up for budget cuts have been increasingly looking at commercial property investment to help plug the funding gap (according to a survey, the number of councils investing in assets they deemed 'investment property' increased from 35 in 2015/16 to 71 in 2017/18). The deep financial constraints have resulted in the risk appetite changing, and many authorities have looked at more commercial avenues to generate additional income streams to ensure vital public services are maintained. Investments are wide ranging and include snapping up shopping centres, car parks and office premises, both in and outside council areas. Investment in property is likely to remain part of many councils’ financial strategies in the foreseeable future. However, research has identified significant gaps in knowledge of local public and private assets. It is therefore essential that practitioners develop clear understanding and approaches to this rewarding, but strategically highly risky area (downturn in the property market or government controls) and learn from previous ‘cautionary tales’.

How will you benefit?

This event will give you answers to some of the common questions around commercial property investment, and help you to:

  • identify steps authorities can take to reduce risks from their commercial investment portfolio
  • develop skills to procure the right property consultants
  • understand legal powers and what is the preferred delivery model 
  • confidently play the property game to support successful regeneration and place-making 
  • ensure you select the right development partners and advisors.

CPD hours

Four and a half hours. 

Topics

  • Accounting
  • / Audit
  • / Business rates
  • / Capital finance
  • / Education finance and academies
  • / Efficiency
  • / Ethics
  • / Financial management
  • / Financial reporting
  • / IFRS
  • / Internal audit
  • / Local government
  • / Property
  • / Revenues and benefits
  • / Risk management
  • / Shared services
  • / Sustainability
  • / Treasury management
  • / Value for money

Download programme schedule

PDF 222.62 KB

Book now

Speaker - Neil Sellstrom

Neil Sellstrom

Neil has been a CIPFA Advisor for pensions and treasury management since 2009, running networks on both subjects with over 150 subscribing authorities combined. He represents CIPFA and Local Government Pension Scheme (LGPS) Funds at various key events and also attends CIPFA pensions panels. He also organises workshops and conferences, produces newsletters, and co-ordinates queries to support members and promote best practice. E: neil.sellstrom@cipfa.org, T: 01287 619679.

Speaker - Tim Reade, Head of Property Advisory Services

Tim Reade

Tim joined CIPFA in October 2017 from Savills where he specialized in property and asset management. He is a professionally qualified chartered surveyor and leads the Property Advisory Team delivering network activity and consultancy to multiple public sector clients.