T HE VOICE OF PROPER T Y IN CEN T R A L LONDON
MEMBERSHIP
The Westminster Property Association (WPA) brings together property owners, developers, investors and professional advisors into a collective voice in order to inform policy and drive the economic prosperity of Westminster: the economic and cultural heart of the capital. A diverse built environment, with
9 29
million sq m of office space
1.1 MILLION
1,900 PROPERTY PROFESSIONALS
headquarters of global companies
11,000 listed buildings
WESTMINSTER IS HOME TO
55,000 BUSINESSES making it the most productive commercial district in the UK
DAILY VISITORS / WORKERS 95% of all visitors to London spend part of their visit in Westminster, who are attracted to this globally renowned tourist, arts, cultural and entertainment centre with 500 hotels, 56 theatres and 21 LGBTQ+ night-time venues.
PRODUCES MORE THAN 2
Engaged in our activities: receiving WPA’s research and industry insights and attending 20+ exclusive member events a year
Cllr Nickie Aiken, Leader, Westminster City Council
WORKERS IN WESTMINSTER,
13%
OF THE CAPITAL’S WORKFORCE
GENERATES
BILLION
THE WPA IS AN IMPORTANT STAKEHOLDER AND LIKE ALL SUCCESSFUL PARTNERSHIPS WE ARE ABLE TO HAVE HONEST AND OPEN DIALOGUE
692,000
in annual business rates, the majority of which is retained by national Government.
£2
COMPANIES
As a not-for-profit body established to act in our members’ interests, we are able to manage the Association’s membership to ensure it continues to reflect its founding principles of being an owner, developer and investor-led organisation. The WPA is comprised of companies which share our values and driving principle to promote Westminster and the importance of the built environment to its future success.
Home to
As well as
260+ MEMBER
Westminster’s business rates income is more than Birmingham, Leeds, Liverpool, Manchester, Newcastle and Sheffield City Councils combined.
£54 BILLION
PER YEAR IN GVA, 14% OF LONDON’S TOTAL ECONOMIC OUTPUT
THE CALIBRE AND INTEGRITY OF THE WPA IS WIDELY ACKNOWLEDGED, MARKING IT OUT AS A RESPONSIBLE ADVOCATE OF THE PROPERTY INDUSTRY Jules Pipe CBE, Deputy Mayor of London (Planning, Regeneration & Skills)
3
INSIGHTS & RESEARCH
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•§ A weekly planning overview of all major planning decisions across 11 Central London boroughs
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CL STA TH / C EAN IN
•§ S ummaries of all Westminster City Council Planning Committee meetings
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•§ W PA newsletters with industry briefings and property news
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WPA members stay informed with industry insights, market intelligence as well as planning and policy news, receiving:
NEXTGEN
SU ROW
G G OOD 33
MEMBER ENGAGEMENT
The Association is increasingly representative of younger professionals within the industry through its renowned NextGen initiative. Established in 2018 to support the next generation of industry leaders, WPA NextGen is an inclusive and diverse professional network.
WPA delivers a range of exclusive membership events including insight seminars, roundtable discussions, receptions and our Annual Lunch and Annual Dinner. The busy calendar of networking events, including a dedicated NextGen programme, bringing together our 260+ member companies to forge new business partnerships and hear directly from senior politicians and policymakers. The Association commissions and supports research, driving through leadership and industry knowledge. Our three keynote research pieces for 2020 will be: 1. Future Skills (Future Places Studio) 2. Good Growth in the CAZ (Arup) and 3. The Impact of Infrastructure (JLL) 4
Through our events programme, we promote best practice within the industry and showcase our members’ developments to an unrivalled network of owners, investors, developers and real estate professionals. The WPA Annual Lunch has grown to become the largest of any membership body in the UK, attracting more than 1,400 members and their guests in the landmark property event of the year. 5
WPA’S KEY PRIORITIES FOR 2020
1.
Undertaking and analysing a major survey of our membership to better understand your priorities for the organisation.
2. 3.
ADVOCACY The WPA promotes the commercial property industry interests of our members, representing your views to Westminster planners and policymakers, along with key London bodies, the Mayor of London’s office and the media. We submit detailed representations to strategic planning consultations, providing a respected industry voice on the Westminster City Plan, London Plan and on Government-commissioned reviews. We attend the major political party conferences – as well as industry summits MIPIM, LREF and MIPIM UK – to promote Central London real estate on the national and international stage.
6
M aking representations to policymakers at local and national level in order to support the most economically diverse and productive part of the country.
The WPA, under the London Property Alliance banner, joins forces with sister organisation City Property Association to promote the interests of the property industry across Central London.
4.
Our combined membership provides a unified voice for more than 420 of the leading owners, investors, professional advisors and developers of real estate across Central London.
5.
C ontinuing our engagement programme, so members can grow their network and industry knowledge, discover emerging trends and share intelligence through our various seminars, roundtables and receptions throughout the year.
P ublishing thought leadership research on transport, skills and real estate growth in Central London.
P romoting key campaigns within our ‘Good Growth’ workstream including rebuilding public trust, tackling climate change and supporting diversity. 7
Our Board is comprised of representatives from the following organisations who drive the WPA’s agenda on behalf of all its members: Almacantar, Bentall Green Oak, BCLP, Brecher, British Land, Capco Covent Garden, CBRE, Church Commissioners, Colliers, The Crown Estate, Derwent London, Dolphin Living, Great Portland Estates, Grosvenor GBI, Howard de Walden Estate, JLL, Landsec, Loftus Family Property, Montagu Evans, Oxford Properties, The Pollen Estate, Ponte Gadea Group, The Portman Estate, Savills, Shaftesbury PLC and Soho Estates.
OFFICERS OF THE BOARD – 2019 / 20 CHAIR: Craig McWilliam Grosvenor GBI – Chief Executive
TREASURER: Charles Pinchbeck DL JLL – Director, Capital Market
CO-VICE CHAIRS: Olivia Harris Dolphin Living – Chief Executive
HON AUDITOR: Tim Neathercoat BDO LLP – Audit Partner
Paul Williams Derwent London – Chief Executive
HON SOLICITOR: Andrew Brecher Brecher LLP – Senior Partner
EXECUTIVE DIRECTOR: Charles Begley
A SNAPSHOT OF WPA’S IMPACT A network of
1,900
21
3,840+ members
1,400
34k
member companies
attendees at our Annual Lunch: the largest membership body lunch in the UK
attended by
Seminars and receptions
262
property professionals
IN 2019
unique visits to the WPA website
94k
opens of our newsletters and planning updates
GET IN TOUCH Westminster Property Association The Bloomsbury Building 10 Bloomsbury Way (Office 3.11) London, WC1A 2SL
westminsterpropertyassociation.com team@cwpa.org.uk | 020 7630 1782 @TheWPA London Property Alliance