The BPF "work[s] with Government and regulatory bodies to help the real estate industry grow and thrive, to the benefit of [its] members and the economy as a whole".[1] It comments regularly on proposed Government policies that will impact its members, including topics such as infrastructure,[2][3] build-to-rent development,[4] and REIT legislation.[5][6]
BPF Chief Executive Melanie Leech was appointed in October 2014.[9] David Partridge, Senior Partner, Argent LLP & Chairman, Argent Related is President, and Guy Grainger, Global Head of Sustainability Services & ESG, JLL, is Vice President. Other board members are from prominent property and investment companies.
Objectives
The BPF has three objectives according to its website:[1]
to improve the legislative, fiscal and regulatory conditions that affect [the real estate] industry
to help [BPF] members access information, understand policy, and promote best practice
to raise the profile of the real estate industry.
Governance
The BPF is governed by a Board, composed of four officers – President, Vice President, Junior Vice President and Immediate Past President – as well as the Chief Executive, an Honorary Treasurer, and six other industry professionals.[10]
Members
The BPF currently has around 400 member companies, roughly made up of a third real estate companies, a third professional firms, and a third other organisations such as investment banks and fund managers.[7]
The BPF's policy work is overseen by a range of committees, each made up of a chairman and between 15 and 30 people from its member companies. It currently has 21 committees involving over 400 direct members in total, as well as 13 working groups and six regional forums.[11]