Hammerson CEO David Atkins appointed EPRA Chairman, says listed property sector plays vital role in economic recovery
London, September 01 - David Atkins, Chief Executive Officer of UK property company Hammerson, has been appointed as Chairman of the European Public Real Estate Association (EPRA). Speaking at the industry body’s annual conference on Thursday, he said that the key role listed property firms play in European economies, mean they are vital to a sustainable economic recovery.
David Atkins, Chairman of EPRA said: “Property lies at the heart of the real economy – through the delivery and financing of real estate, providing significant investment in the regeneration of major cities across Europe and facilitating employment and business growth. Listed real estate is the most liquid and transparent way of accessing this market and it is vital that EPRA and the industry work closely with government and regulators in finding solutions that contribute to a sound and sustainable economic recovery.”
Atkins (45) takes over as EPRA Chairman for two years from Guillaume Poitrinal, CEO of Europe’s largest listed real estate company Unibail-Rodamco. He was appointed as Hammerson’s Chief Executive in October, 2009, after previously working as UK MD for the company.
Philip Charls, CEO of EPRA said: “I would like to thank Guillaume for providing me with fantastic support over the past two years and welcome David Atkins as our new Chairman. EPRA certainly has a full agenda ahead in attracting more investor capital flows into the industry and boosting growth in European real estate stocks. The quoted sector in Europe is proportionally a smaller part of the overall property investment market than in any of the other major regions of the world. That is our target to change.”
In addition to the appointment of David Atkins, there have been a number of other changes to EPRA’s Executive Board and Board of Directors detailed below:
David Atkins, Hammerson (new Chairman)
Patrick Kanters, APG (joining)
David Sleath, Segro (joining)
John Carrafiell, Green Oak (leaving)
Ian Coull, Segro (leaving)
Serge Fautre, Cofinimmo (leaving)
Board of Directors
Olivier Piani, Allianz (joining),
Charles Saiag, BNP Paribas (joining)
Ulrich Höller, DIC Asset AG (joining)
Chris Turner, Thames River Capital (leaving)
Patrick Kanters, APG (leaving)
Access to liquidity, diversification and transparency? Discover FTSE Russell's latest research on the benefits of adding global listed real estate to your portfolio.
Read more >>
In this issue of the Newsletter we interview Philip Charls about his working career as he steps down after 10 years as EPRA CEO. We also welcome Dominique Moerenhout as EPRA's new head. In an interview with Workspace we take a closer look at the listed office sector, check on the state of UK REITs and finally zoom into the Asia-Pacific region to assess the probability of China REITs. Read now and sign up for updates at email@example.com.
Growth, jobs & sustainability
An updated report commissioned by EPRA and INREV evaluates the role and importance of commercial real estate in the European economy. By employing 3.7 million peoplea and contributing EUR 329 billion to the EU economy, the real estate sector European growth and investment.
Improved reporting transparency
For 2015/2016, 65% of the companies in the financial BPR survey, representing 79% by market cap, gained an Award, among which 46 companies have reached the Gold Award level, the highest level of transparency. Among these 43 are EPRA Index constituents, representing almost two-thirds of the Index by market cap. 26 companies reviewed in last year’s survey moved up and gained a higher Award.
Discover EPRA Research Compendium: a quick overview of the last three years of EPRA's academic research on listed real estate, investment, blended portfolios and REITs.