London PRS Growth & Expansion 2017

Michael Ablon is the founding partner of PegasusAblon, a multidisciplinary developer and investor focused on the integration of emerging markets and evolving demographic trends. Combining this strategy with nationally recognized institutional capital and private capital, PegasusAblon focuses its practice specifically in the Dallas/Fort Worth area–where they have developed a commanding understanding of the growth patterns and demographic shifts. Mr. Ablon has completed numerous noteworthy projects in the course of his pursuit of a cutting edge ethos. He is fortunate to have led the redevelopment of the Dallas Design District from a warehouse/showroom district of the 1950’s-­‐1970’s into a vibrant neighborhood with showrooms and galleries, unique restaurants and local retailers, and lofts and apartments while maintaining the history, vibe, and character of the district’s past. In addition to the Design District, PegasusAblon has aggregated a dominant presence in the Preston Center Office Submarket, which has the highest-­‐ average rent and occupancy of any office submarket in Dallas/Fort Worth. Mr. Ablon’s multifamily experience includes the creation of highly innovative developments in the high-­‐growth Frisco submarket and the Design District, among others. PegasusAblon has a reputable award-­‐winning focus on quality and is honored to have been recognized for Best Multifamily Design Projects, the Dallas Regional Chamber Momentum Award- Community Investor, Best Deal Award for Best Public/Private Partnership, 100 Fastest Growing Companies, and named the #1 Best Place to Work in DFW for small companies. Mr. Ablon’s work within PegasusAblon has led to the completion of over a $1 billion of investment transactions in DFW since its inception in 2007. Mr. Ablon received his Bachelor of Engineering and Bachelor of Architecture degrees at the University of Texas at Austin, and earned his Master’s Degree from Harvard University. Early in his career, Ablon worked as an apprentice under the world- ­‐renowned theorist and architect Robert Venturi in Philadelphia and has been a visiting lecturer at multiple universities including Harvard and Yale. Prior to founding PegasusAblon, Mr. Ablon held senior positions at Hillwood Development, CarrAmerica, Cousins Properties, and The Retail Connection. Among other awards and recognitions, he is a recipient of a Lloyd Warren Travelling Fellowship in Europe for the Paris Prize Competition, a two-­‐time finalist for the Fulbright United States Scholar Fellowship for architectural theory, named one of the 500 Most Powerful Business Leaders in Dallas/Fort Worth, and the first recipient of the Pioneer Award for Real Estate Impact in Dallas. Mr. Ablon is heavily involved in the community, including being the founding Chairman of the Trinity River Corridor LGC, focused on the development of a great new central park for Dallas - The Harold Simmons Park, Chairman of the TREC Foundation, Vice Chair of The Real Estate Council, Vice Chair of Legacy Senior Living, and on the Advisory Board of the Coalition for a New Dallas, and on the Dallas Advisory Board of BBVA Compass Bank.

Bella Peacock is a Managing Director and member of the European Leadership team. She is responsible for asset execution across student and multifamily leading the company’s Asset Management and Operations teams across Europe. Bella works with her teams in France, Germany, Ireland, Netherlands, Spain and UK to ensure the effective implementation of the Greystar global operating model, applying it to the local context of each market to drive asset performance across all stages of the investment lifecycle. Bella joined Greystar in 2014 as one of the first members of the new European business where she was engaged with the growth of the platform across the region. Prior to Greystar, she worked in the residential real estate sector covering serviced apartments, PRS and BTR at Native where she was responsible for portfolio growth, investor relations and asset management. Bella started her career at The UNITE Group. Bella is an active member of the Urban Land Institute, Real Estate Balance and The Class Foundation. She earned her Master of Arts in Geography from the University of Oxford before completing her Master of Science in Real Estate Investment and Finance from Henley Business School at the University of Reading.

Mr. Kavanau is a Senior Managing Director and co-head of the London office of HFF (NYSE: HF) with more than 25 years of experience in commercial real estate, including debt, investment advisory and equity placement. He is primarily responsible for originating debt transactions throughout the U.K., as well as being responsible for the day-to-day operations of the firm’s London office. Mr. Kavanau’s focus is on multi-housing, office, retail and hotel properties. Throughout the course of his career with HFF, Mr. Kavanau has completed in excess of $16 billion in commercial real estate transactions. Mr. Kavanau joined the firm in 1988. Prior to HFF, he was the Director of Acquisitions for Concord Assets Group.

Prior to joining Realstar in 2002, Ryan co-founded iGabriel, an early-stage venture capital firm investing in European business. iGabriel subsequently merged with Pi Capital, one of the U.K.’s leading, early-stage investment groups. Prior to founding iGabriel, Ryan worked in various roles in the area of structured and corporate finance. Realstar Experience Ryan established the company’s London office in 2002. He was responsible for the firm's entry into the U.K. primary healthcare centre sector and played a key role in the acquisition of Realstar’s U.K. hotel portfolio. More recently spearheaded the firm's entry in the UK rental housing sector and has overall responsibility for Realstar’s U.K. and European-based activities.

Since joining Argent in 2003, Richard has worked primarily on the King’s Cross development, where he has been responsible for coordinating and delivering some £600 million of development. Notably, Richard led the development of the £155 million campus for Central Saint Martins (University of the Arts London) in the Grade II listed Granary Complex, alongside residential and public realm. Richard has a keen interest in residential and led the development of Edition 2 of the ULI Build to Rent Best Practice Guide, which was successfully launched in March this year. He has responsibility for public realm and masterplanning and is presently focusing on the Brent Cross South development. At a corporate level, he is responsible for development management, securing new opportunities and resourcing. Richard read Engineering at Cambridge and has a Masters in Property Law and Valuation. He is a Member of the RICS, Chair of the Residential Council at the ULI and sits on King’s Cross Boards.

Aberdeen’s dedicated residential investment team was established in response to increased interest in the UK market. Ed, previously responsible for several residential investments in his role as a Fund manager of a segregated UK account at Aberdeen, was appointed Director of Residential Fund Management in September 2013. Ed’s role is to coordinate all aspects of UK residential investment, bringing together the resources of Aberdeen’s specialist research and asset management skills within the UK and utilising the experience of Aberdeen’s Residential Business in Europe. Aberdeen Asset Management Aberdeen Asset Management PLC is a global investment management group, managing assets for both institutional and retail clients from offices around the world. Currently Aberdeen manages more than £350m of residential property in the UK, including PRS, Strategic land, Ground rent investments and student residential making up circa 3% of the £12bn UK property assets under management.

Debra is the co-founder of SAY Property, an award-winning consultancy business working with investors and developers to provide strategic operational advice for mixed-use and living assets. Debra has over 25 years’ experience in residential property and is recognised as one of the major contributors to the industry. Before starting SAY with Charles Seifert, Debra was Director of Asset and Property Management at Grainger plc. Debra is an expert in residential property and asset management with a particular focus on build to rent, placemaking, regeneration and industry innovation. She has a keen interest in the positive social impact that can be delivered through new development. Debra has been a long-standing advocate for encouraging diversity within the real estate sector. Debra also sits on the board of Deverell Smith, a global real estate recruitment and executive search practice, as a Non-Executive Director.

Clare joined Macfarlanes in 2013 as a partner in the commercial real estate practice. Prior to joining, Clare was a partner at Shearman & Sterling LLP. Clare regularly advises investors, developers and financial institutions on a wide variety of both domestic (UK) and cross-border real estate transactions with an emphasis on joint ventures, investment, development, leasing and real estate finance. Recent highlights include advising: AIG on the refinancing of a premier central London hotel owned by an international hotel group; AIG Global Real Estate on the acquisition of a portfolio of logistics and development sites in the greater-Moscow region in joint venture with Deutsche Bank, Redwood Group and others; and the acquisition in joint venture with Orco Property Group of a portfolio of 4 star and 5 star city hotels and extended stay residences in Poland, Czech Republic, Hungary, Slovakia and Russia; Argent Estates on its head office lease at Western Transit Shed, Kings Cross Central, London; a private investor on the acquisition and re-financing of The Knightsbridge Estate, London; and its co-investment and financing of various Central London prime residential developments in Mayfair and St. James's, London; Genting Casinos on the acquisition of the Metropolitan Hotel on Park Lane, London (operated by Como); Legal & General on the acquisition of the Grafton Shopping Centre, Cambridge; the corporate acquisition of West Cross Industrial Estate, Brentwood; and the forward funding of a private rented sector (“PRS”) development in Salford; Realstar Group on a joint venture with Mace Real Estate to deliver a mixed use development at Newington Butts in Elephant & Castle, South London with PRS accommodation, affordable housing, a theatre and retail space; Rocket Investments on the development and financing of the Atlas Building, City Road, London comprising a mixture of residential, office and retail space; Stanhope Plc on a joint venture with Hammersmith and Fulham Council to develop and regenerate the Council’s housing stock including the development of two initial sites; the acquisition and part lease-back of the BBC’s Media Village, West London in joint venture with Mitsui Fudosan (UK) Ltd; the real estate fund formation of the Threadneedle Low-Carbon Workplace Trust in partnership with Threadneedle Asset Management Finance Ltd and The Carbon Trust; and the acquisition and development of Station Hill, Reading in joint venture with Benson Elliot Capital Management and Sackville Properties; and Welding Institute on its retirement from the Granta Park Partnership and in-specie distribution of land and buildings at Granta Park, Cambridgeshire.

Paul is a chartered architect and managing director of Dukelease Properties where he is responsible for initiating and overseeing all projects. Formerly a main board director of several creative businesses, he has managed design and construction projects in all sectors. His focus is to shape the character and content of each project from inception to delivery.

Julian Bell is Leader of Ealing Council, a local authority that serves one of the largest boroughs in London, and one of the most diverse communities in the whole country. Bridging central and outer areas of the capital, Ealing has historically been known as the “Queen of the Suburbs” in recognition of its many parks and open spaces and is famous world-wide for its film studios. Today, the borough is a powerhouse of west London’s economy and a focus for major growth spurred by five new Crossrail stations and development opportunities including the vast Southall Gasworks regeneration site. Under Julian’s leadership, Ealing has built its reputation as a high-performing and innovative council. Resident satisfaction is consistently high. The council has made significant savings and Council Tax has been frozen for four years. This is thanks to approaches including a multi-borough outsourcing of Leisure and Library services that has protected services and delivered major savings. Recognising the importance of local economic issues, Julian’s cabinet portfolio includes regeneration. He is also active in representing the borough on other organisations; chairing the West London Alliance and the Local Strategic Partnership and being a member of the London Councils Executive and Chair of the Transport and Environment Committee. Julian read Politics and Economics at Bath University and became actively involved in politics in 1992. He first worked for the Labour Party in 1994, and has since run several election campaigns as well as working as a researcher for several Labour MPs. Elected as an Ealing councillor in 2002, he is now serving his fourth term of office. Under his leadership the Labour group was elected to run the council in 2010 and re-elected with an increased majority in 2014. A resident of the Ealing for nearly 30 years, Julian moved to the borough after he met his wife Hermia. He has four daughters and the eldest, Angellica, is familiar to many people as a presenter on television and radio. Julian is passionate about football, being a proud Sheffield United fan and a staunch England supporter, and is a keen cyclist regularly commuting on the Capitals roads, takes part in charity rides and set up Labour Cyclists.

HD is Managing Director of Fizzy Living. His career started in the Army, where he spent 6 years serving in Germany, Northern Ireland, Cyprus, Norway and Canada leaving with the rank of Captain. On returning to the UK HD worked in residential agency before joining the newly formed Manhattan Loft Corporation as Sales & Marketing Director, a role he delivered for 13 years. MLC created ground breaking residential developments across London, and set new standards for delivery of creative space in the built environment. Highlights were bankside Lofts, West India Quay and St Pancras Chambers. From 20017-2011 HD was a Senior Director at CBRE, working in the Residential Development Consultancy Team. It was in this role, in the immediate aftermath of Lehmans and the banking crisis, that HD formulated the idea which became Fizzy Living. In late 2011 HD joined up with Thames Valley Housing Association to create a private rental platform which would be capable of attracting long term investment from institutional investors. Fizzy Living was created and branded, and the first two buildings were purchased off plan during 2012. Fizzy now has over 320 apartments under management, a further 275 under construction for delivery over the next 12 months, and approximately 375 in the planning process. Fizzy’s exclusive funding partner is the Abu Dhabi Investment Authority.

Alexandra Notay is Build to Rent fund director at PfP Capital, the fund and asset management arm of Places for People Group, overseeing a UK-wide residential strategy. She is an internationally recognised expert on build to rent, placemaking and sustainable urban development, with 15 years’ strategic advisory experience to private sector, government and third sector organisations across four continents. In January 2019 Alex was selected as one of the 48 women shaping the future of UK real estate at the prestigious BISNOW Women Leaders event. Alex is a published author and editor of over 30 books and reports on real estate including the renowned ULI UK Best Practice Guide on Build to Rent (2014, 2016). Alex is a vice-chair of the ULI UK Residential Council and serves on the BPF Build to Rent Committee and is an Associate Member of CREFC Europe. She is also a non-executive director of Essensys plc, Sound Diplomacy, SouthWest Board Member for LandAid and trustee of the SunScreenIT Foundation. With a reputation for being ‘abnormally energetic’, Alex is passionate about enabling tangible social impact through innovation and collaboration as well as mentoring the next generation of diverse talent.

Neil is responsible for all areas of Get Living as it continues to lead and champion the private rented sector, setting an unprecedented example for landlords. Involved from the start of Get Living’s journey, Neil combines a passion for delivering an amazing resident experience, with a proven executive management track record and more than 15 years’ experience driving innovation in the property sector.   Prior to Get Living, Neil established Young Group in 2003, advising large scale private investors, corporates, institutional investors and housing associations looking to enter the PRS. A qualified management accountant, Neil’s background is in global corporate finance, having worked for a number of large service-orientated multi-nationals including British Airways and TMP International. Neil is a member of the British Property Federation’s Residential Board and also on the board of the UK Apartment Association (UKAA).

Richard Birks Partner, Real Estate, DWF LLP Richard is a Partner in our Real Estate team and head of our Housing Sector Group, which encompasses PRS alongside Social Housing, Student Accommodation, Care Homes/Supported/Retirement Living and large scale residential-led regeneration including PPP’s. He has over 20 years’ experience in the sector and specialises in structuring and delivering complex projects, advising both public and private sector parties. DD +44 (0) 207 220 5250 M +44 (0) 785 006 8050 E richard.birks@dwf.law

Kai is an experienced CEO and entrepreneur, leading various start-ups and established companies within internet, mobile, banking and IT. These include an IT consultancy trading within top-tier investment banks, a social/retail marketing platform, luxury watch brand, luxury car club, and a number of innovative betting companies through social, affiliate, sports and bitcoin betting concepts, including a bitcoin casino. More recently, Kai founded HiP - a unique, interactive property exchange due for beta release later in 2017.