13 Mar 2025

Committee Activity

A high level summary of what's being discussed in recent committee meetings:

  • Prioritising future research to support the policy work of AREF.
  • The convening of a working group to set out the Case for Real Estate. This publication will be focussed DC pension schemes but further iterations are planned that will be tailored for other investor groups - for example, overseas investors and LGPSs.
  • Launch of 2025 AREF Research Award - the winner to be announced at the Annual Dinner on 25 September.

 

Committee Core Objectives

Lobbying & Advocacy

  • ·    Produce a briefing paper (Insights) on attracting, and overcoming barriers, to sources of capital for real estate funds. Distribute the briefing paper to government, opposition, members and other stakeholders.
  • ·    Present policy recommendations, to advocate for changes that facilitate DC investment in real estate funds and, throughout this process, monitor progress closely, adapting strategies as needed to achieve AREF’s goals.
  • ·    Support research referencing the government's residential agenda that identifies areas where funds can contribute effectively (could include reports, case studies and fact sheets).
  • ·    Collaborate with government agencies, housing associations, advocacy groups, and other relevant organisations to leverage their networks and amplify the message.

Research & Thought Leadership

  • Drive thought-leadership campaigns, primarily, but not limited to, supporting advocacy initiatives.
  • Produce and disseminate thought leadership content, including research reports, white papers, articles, and case studies, addressing key industry trends, challenges, and opportunities, to inform and empower AREF members in their decision-making processes.
  • Drive the creation of a 'The Case for Real Estate publication, to promote the benefits and value proposition of real estate investments, advocating for increased allocation to real estate within investment portfolios and highlighting its role in long-term wealth creation and diversification.
  • Gather insights, perspectives and research findings, informing AREF’s research agenda. Consider utilising the Index and PFV as key sources of data for this research.
  • Organise and facilitate discussion roundtables and forums to gather insights, perspectives, and research findings from industry experts and stakeholders, informing AREF's research agenda and thought leadership initiatives.

 

Next meeting: Tuesday 24 June

View more on the committee here.

27 Sep 2023

Interview with 2023 Research Award Winner, JLL

24 Aug 2023

The UK Real Estate Funds Industry - more than 10 years on from the Global Financial Crisis

11 May 2021

The UK Real Estate Funds Industry 10 years on from the Global Financial Crisis

First in a two-part report commissioned by the AREF Research & Information Committee, sponsored by Mourant

 

Author

Mark Clacy-Jones

Mark Clacy-Jones

Head of Real Estate Strategy, Aberdeen

Mark Clacy-Jones is Head of Real Estate Strategy at Aberdeen, responsible for a small team producing, guiding and facilitating optimal fund level strategy across the global suite of abrdn Real Estate funds. This role also focuses on understanding the performance drivers of funds and their risk levels. Prior to joining Standard Life Investments in January 2017, Mark spent 9 years at IPD, and subsequently MSCI, working in a range of global research roles including Head of Indices and ultimately Head of Applied Real Estate Research. Mark also had a brief spell setting up a Data & Analytics function for Knight Frank’s Research Team just prior to joining SLI.

 A former Chair of the Society of Property Researchers, Mark is currently Chair of the AREF Research Committee and Chair of the INREV ODCE Working Group.

 Mark holds a BA Economics from Leicester University and a MA Business & Management in Emerging Markets from Reading University.