The Scottish Property Federation is to become part of a rebranded organisation after members agreed almost unanimously to merge with other organisations representing the sector’s interests.
The SPF, the British Property Federation (BPF), the Association of Real Estate Funds (AREF), and the Investment Property Forum (IPF) will come together as Real Estate UK, or RE:UK.
It will serve the entire real estate sector, including institutional and private investors, property companies, developers, asset owners, managers and advisers.
Melanie Leech, chief executive of the BPF, will step down along with the other officials and the chairs of AREF, the BPF and the IPF will work together to appoint a CEO and chair for the new board.
The change is expected to take place early next year, though in Scotland it will be delayed until after the Scottish elections in May.
Anne Breen, chair of AREF, said that the positive response from the memberships was a strong endorsement of the vision for a single, amplified voice for the real estate sector.
Clare Thomas, chair of the IPF, said: “This is the culmination of significant work across all three organisations, and we look forward to the launch of RE:UK in 2026 as an important step forward for the real estate industry.”
At the SPF annual dinner in Edinburgh David Peck, managing director of Buccleuch Property, received the lifetime honorary membership award.
#SPF #members #vote #merger #create #REUK #Daily #Business