Property Week and Residential Land produce a guide to investing in prime London residential property
As the prime London residential property market continues to be a safe haven for investors across the world, Residential Land and Property Week have collaborated to create an insiders guide to investing in Prime central London.
Thank you to Property Week for another successful RESI Conference! The weather in Wales was beautiful and everyone seemed in a buoyant mood.
Yet again, it seemed to be the busiest RESI to date, with the usual gathering of the great and the good of the residential property world.
Residential Land CEO Bruce Ritchie at RESI 2012
The speakers were excellent and clearly outlined the main issues of the day; poor medium term economic prospects, a shortage of debt both at corporate and personal levels, and ongoing planning regime challenges.
Do you have an idea that could revolutionise residential property?
Do you have an investment proposition? Do you have the latest industry invention or a plan to further the green agenda?
As part of this year’s Property Week RESI conference, we are looking for inventive residential investment ideas to be pitched to a panel of judges live on the RESI stage.
The judging panel will be chaired by Residential Land CEO and founder Bruce Ritchie, alongside fellow industry heavyweights Nick Candy, Harry Handelsman and John Hitchcox.
Residential Land is extremely proud to have won Landlord of the Year at the inaugural RESI Awards.
The RESI Awards, an extension of the Property Week RESI Conference, is the first event of its kind to recognise excellence in residential property. The awards evening was a huge success, with leading figures from the industry coming together to reward the achievements of those involved in all aspects of residential property.
Property Week has announced the finalists for the RESI Awards which are being held at the InterContinental London on Tuesday 15 May 2012. From the 14 categories, Residential Land are thrilled to have been shortlisted for 2 of the awards – Deal of the Year and Landlord of the Year.
Our nomination for Deal of the year recognises our recent joint venture partnership with Apollo Global Real Estate Management and Ivanhoe Cambridge.
We are also delighted to be nominated for Landlord of the Year. Residential Land takes our responsibilities to our tenants very seriously, so we are proud to be recognised in the same category alongside other landlords such as Wellcome Trust and Williams Pears Group.
Residential Land CEO Bruce Ritchie has also been shortlisted for Personality of the Year against other industry leaders such as Tony Pidgley and Nick Candy.
Bruce Ritchie, CEO of Residential Land was recently filmed by Property Week discussing his thoughts about the upcoming RESI Awards.
In the video below, Bruce shares his thoughts on the launch of the first annual RESI Awards, taking place in London on 15th May 2012. The video also features Giles Barrie, Property Week Editor-in-Chief and Stephan Miles-Brown, Head of Residential Development at Knight Frank.
Bruce Ritchie, CEO of Residential Land: “From my point of view, having supported RESI in itself over the last 5 years since its inauguration, having enjoyed sponsoring and being involved in the debating and networking that comes with that event, the next logical progression would be some form of entertaining event which would give us the opportunity to recognise people that have done well. But I really think it’s a natural progression of the way residential is becoming seen as an asset class in its own, as an institutional investable class of its own, so to actually get our own annual event to celebrate that, is an important thing and I think its great Property Week has stood forward and done that and I’m looking forward to it.”
Residential Land, London’s largest prime central private landlord, today announced the launch of a joint venture partnership with Apollo Global Real Estate Management and Ivanhoe Cambridge.
RESI 2011 was the best RESI yet. More than 1,000 people attended this year’s residential property event at the Celtic Manor in Wales. The highlight of this year’s conference was the RESI Dragons’ Den, a take on the popular TV show where residential property business ideas were pitched to a panel of influential experts.
Bruce Ritchie, CEO of Residential Land, was the panel chair and judge – bringing with him fellow residential property experts Tony Pidgley, Nick Candy and ex-Dragon himself, James Caan.
Entrants to the competition were required to submit a 500 word proposal about their business idea. The judges were looking for innovative, serious and determined proposals. A short list was drawn up and 4 finalists were chosen to present their pitches to the panel and audience at the RESI conference in the Canaerfon Suite. Property Week filmed each of the pitches:
Lucky Wu: A Chinese property portal setup by Sherry Madera to showcase overseas property to Asian investors
Click-to-Purchase: A website created by Neil Singer that provides real-time property auctions
My Space Pod: Affordable custom built accommodation made from recycled shipping containers, presented by Sam Minionis
CheckYourLet: A ‘TripAdvisor style’ review website for private rental properties pitched by Howard Morgan
Each of the confident pitches had business merit in their own right, but it was Howard Morgan, Managing Director of consultancy firm RealService whose idea for a private-rented sector review site won the support of the four RESI dragons’.
The audience too seemed to be behind the idea as Morgan confidently pointed out that such site already existed in the US and said “Something like this would come to the industry anyway and therefore it’s much better to be organised professionally, co-ordinated and supported by the people in the industry.” After Morgan successfully swayed the judges and walked away with a prize trip to Austria, he was quickly cleaned out of business cards by potential backers in the audience.
Residential Land was pleased to be a platinum sponsor of RESI 2011. It was the best attended RESI conference to date and confirms it as the premier residential property event in the UK property calendar.
Against a gloomy global economic background, there was much debate about the new coalition planning proposals and the Conference was fortunate to have Secretary of State Eric Pickles to address the conference and to answer questions. Bruce Ritchie also chaired a residential focused Dragons Den which was a highlight of the conference. The residential sector is still struggling with a shortage of mortgage availability, and affordability challenges for first time buyers in particular. What came through clearly though was the strength of the Private Rented Sector and the Central London Market.
RESI 2011 - Busiest conference to date
Residential land operates exclusively in this market place and is well placed to grow its business accordingly. The Company is in buying mode and anyone knowing of blocks of flats for sale should get in touch with a member of our acquisitions team. If you have any opportunities worth discussing, email sales@residentialland.com or visit http://www.residentialland.com/property-required.aspx