BPF advancing merger with AREF and IPF to create new representative body – London Wallet

The British Property Federation (BPF) is advancing merger talks with the Association of Real Estate Funds (AREF) and the Investment Property Forum (IPF) to create a new representative body.

It was announced yesterday that the new organisation would be named Real Estate: UK (RE:UK).

The three organisations announced in November last year that they had formed a “shadow board” to explore merging into a unified representative body for the UK real estate industry. 

The latest development coincides with the appointment of Simon Carter who succeeds Jessica Hardman as president of the British Property Federation

His appointment comes at a pivotal moment as the BPF, the AREF and the IPF prepare to ask their members to vote on a proposal to merge and create a new representative body for the industry.