We believe that it is important for industry bodies to collaborate wherever appropriate. While different industry bodies may have differing memberships, objectives or perspectives, where overlaps are substantial they will usually best serve their members’ interests by sharing information and cooperating.
In addition to our close relationship with our American sister organisation, the CRE Finance Council, we are an active member of the Property Industry Alliance in the UK and the European Real Estate Forum at the EU level. We were represented on the Real Estate Finance Group that produced the report A Vision for Real Estate Finance in the UK and are involved, particularly through the Property Industry Alliance, in seeking to implement its recommendations in a sensible way. We are also strengthening our relationship with the UK’s Association of Property Lenders.
We are among the financial supporters of both the Cass Business School University’s UK Commercial Property Lending Report (originally operated by De Montfort University) and the more recently established German Debt Project of the International Real Estate Business School (IREBS) at Regensburg University.
The Property Industry Alliance
The Property Industry Alliance is formed of nine leading UK property bodies who work together to give the commercial property sector a stronger voice on issues such as policy, research and best practice. CREFC Europe is the only member organisation that is specifically dedicated to representing the lending and debt investing side of the industry.
The other current members of the PIA are the Association of Real Estate Funds, the British Council for Offices, the British Property Federation, the Investment Property Forum, Revo, the Royal Institution of Chartered Surveyors and the Urban Land Institute.
The PIA’s committees cover areas including research, sustainability and debt. Its publications include the Property Data Report.
The European Real Estate Forum
The European Real Estate Forum is an informal alliance of organisations with an interest in institutional investment in European real estate, including investors, fund and asset managers, property professionals and property companies. CREFC Europe is the only member organisation that is specifically dedicated to representing the lending and debt investing side of the industry. You can learn more about the European Real Estate Forum here.
The Real Estate Finance Group
The Real Estate Finance Group was formed in late 2012 to take a strategic and holistic look at how the feedback loops between the property cycle, the credit cycle and the regulatory cycle might be reduced. The overriding aims of the group’s recommendations are to improve financial system resilience and facilitate a more consistent and sustainable flow of credit to the real estate sector across the cycle.
The Debt Group of the Property Industry Alliance has taken on responsibility for bringing the group’s recommendations forward towards implementation – a task in which CREFC Europe is closely involved.
You can download the report, A Vision for Real Estate Finance, and learn more about the group and the project, here.
Association of Property Lenders
We are collaborating more closely with the Association of Property Lenders with a view to ensuring that firms and individuals in our industry are effectively represented and have the best and most cost-effective access possible to education, information and networking opportunities. You can learn more about the APL here.
UK Commercial Property Lending Report
Since launching in 1997, the De Montfort University’s twice yearly Commercial Property Lending Report become the most comprehensive report into commercial property lending in the UK and a benchmark industry report for the sector and for policymakers and regulators. it is now operated by Cass Business School, and CREFC Europe is one of its financial supporters. You can find out more about the research and purchase reports here (discounts may be available to CREFC Europe members).
The German Debt Project
The German Debt Project was established at Regensburg University’s IREBS to report on the commercial real estate lending market in Germany, issuing its first report in 2013. You can learn more about the project and purchase reports here (discounts are available to CREFC Europe members)
French Commercial Real Estate Debt Market Study
The IEIF (Institut de l’Epargne Imobilière et Foncière), a 125 member-strong research centre focused on real estate ) completed its first annual survery of the French real estate debt market in 2019. Thsi is the first industry-wide survey and forits first year included 15 particpants (9 banks and 6 alternative lenders) accounting for €55bn loan book and €20bn of new business in 2018. You can find out more about the reasrch and IEIF here.