Justin Brown

Justin Brown

Managing Director, BlackRock

Justin is the Chair of the AREF Research & Information Committee. 

Justin is Managing Director at BlackRock, and a member of the Real Estate Team and Portfolio Manager of the BlackRock UK Property Fund. He is responsible for management and performance of the Fund. He leads a team of investment professionals dedicated to the management of the Fund.
 
Justin joined BlackRock from UBS Global Asset Management in 2012. He has worked within the UK property industry for 18 years focusing primarily on fund management and investment.
 
Justin has a Bachelor of Economics degree from University of Tasmania (Australia) and a Post Graduate Diploma in Estate Management from Southbank University. He qualified as a Chartered Surveyor in 2000.

 

Ray Adderley

Ray Adderley

Head of Performance & Investment Process, Real Estate, Nuveen Real Estate

Ray is overall manager of the investment analysis function at Henderson across UK and European direct and indirect funds, managing a team of eight investment analysts.

Providing analytical and forecasting capabilities at the property and corporate level, the team provide to Fund Managers informed property portfolio and fund analysis that supports fund management activity.  Ray is also responsible for the performance analysis function, assessing historic property and fund level performance.

Ray is a member of the Property Investment Committee and the Global Product Committee.

Ray is a member of the Indices and Data Committee for the Association of Real Estate Funds, and is also a member of the IPD UK Investor Services Consultative Group, and the INREV Performance Measurement and Benchmark Committee.

Ray graduated from the University of Reading with a BSc (Hons) degree in Land Management.

Luke Baker

Luke Baker

Senior Fund Manager, Tesco Pension Investment

Luke is a real estate fund manager with more than 18 years experience in real estate investment and development management across UK commercial, residential and other alternative sectors.

Luke is responsible for new business as well as repositioning existing investment vehicles and experience across the investment lifecycle: originating investment strategy; taking fund projects through product development, legal structuring and successful capital raising; through to ongoing investment management including acquisitions, asset and development management and disposal.

 

Jonathan Bayfield

Jonathan Bayfield

Senior Research Analyst, Aviva Investors

Jonathan is a Senior Research Analyst in Aviva Investors’ Real Assets Research team. He is responsible for developing a house view on the attractiveness of specific UK and Irish property sectors and investment strategy for UK and Ireland focused real estate funds. As part of his role, he also leads thought leadership and insight program. Prior to joining Aviva Investors, Jonathan worked in JLL’s Research and Consulting team, in the UK and Europe. Jonathan obtained an MSc in Real Estate from Reading University's College of Estate Management and a BSc in Geography from University College London. Jonathan also holds the Investment Management Certificate (IMC).

Mark Clacy-Jones

Mark Clacy-Jones

Fund Strategist – Real Estate, Aberdeen Standard Investments

Mark Clacy-Jones is Senior Fund Strategist at ASI, responsible for producing, guiding and facilitating optimal fund level strategy across the global suite of ASI 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 currently sits on advisory committees for AREF & MSCI, and is actively involved in initiatives for INREV & the IPF.

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

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Hélène Demay

Vice President, Client Coverage, MSCI

Hélène works in the Real Estate part of MSCI, where she heads the team of UK Client Consultants. Hélène has worked at MSCI, formerly IPD, for 13 years. She has held several positions over the years, both in Coverage and Product Management. Before working in the Coverage team, Hélène was instrumental in establishing a number of MSCI’s leading products such as the IPD Rental Information Service (IRIS) and the Global Property Fund Index.

Alistair Dryer

Alistair Dryer

Head of UK, LaSalle Global Partner Solutions

Alistair is a head of UK at LaSalle Global Partner Solutions. He moved over from Aviva Investors in 2018, where he was Head of UK Capital GIRE and  a Senior Fund Manager, responsible for a number of key client accounts.  Alistair joined Aviva Investors in March 2009, previously having worked at ING Real Estate for nine years, firstly in the research team and then in the Multi-Manager team.

   
Alistair holds an LLB in Law and an MSc in Management and IT from the University of Leicester.  In 2009 he completed the IPF Diploma.   Alistair is also a member of the INREV Secondary Markets and Liquidity Committee.

Oliver Hamilton

Oliver Hamilton

Principal Consultant, AON

Oliver is a Principal Real Estate manager researcher for Aon based in London. He covers a range of traditional and alternative real estate asset classes including core property, residential, commercial real estate debt and illiquid secure income funds.

Before joining Aon, Oliver was Head of Manager Research at Redington Limited, a London based UK consultancy firm. Oliver has substantial investment consulting experience providing investment advice to large UK pension schemes and continues to work as an investment consultant to a major UK financial institution.

He started his career at PwC and holds an MBA from the Cambridge University Judge Business School and studied Physics with Theoretical Physics at Imperial College.

Kim Politzer

Kim Politzer

Director of Research, European Real Estate, Fidelity

Kim Politzer joined Fidelity's Real Estate team in March 2018. She leads the European research team and is part of the senior management team. Prior to this, Kim was a Senior Director, and Head of European Research at Invesco Real Estate.

At Fidelity she works closely with the real estate investment team to apply both top down and bottom up research to support strategy for new and existing mandates.

With c.30 years’ experience, Kim began her career as a site researcher for Tesco before moving to Weatherall Green & Smith (now BNP Paribas Real Estate) where she worked in occupier research, specialising in the retail sector, and was also responsible for real estate forecasting across all sectors.

At Invesco, Kim provided a pan-European overview of the real estate market, and was responsible for Invesco’s European Real Estate House View. She sat on the Investment Committee, the Fund Strategy Review Committee and co-chaired the Investment Strategy Group.

Kim has an MA in Geography from the University of California, Los Angeles and an MSc in Econometrics & Forecasting from London Guildhall University.

She is a member of the Society of Property Researchers, the Investment Property Forum and the Society of Business Economists. Kim is also part of the Women Talk Real Estate network.

 

Tony Yu

Tony Yu

Fund Manager, Kames Capital

Tony is a fund manager in Kames Capital’s property multi manager team with responsibility for developing portfolio strategies, fund research and dealing. He joined Kames Capital in 2012 from ING, where he was a UK fund manager in the ING Real Estate Select team, and has more than 10 years’ experience in the property market.

Tony studied Economics at the London School of Economics and was formerly chair of the IPF/Property Derivatives Interest Group’s technical subcommittee, co-author of the PDIG report “Getting into Property Derivatives”, and oversaw  £350m of property derivative strategies at ING Real Estate.

Jacqui Bungay

Jacqui Bungay

AREF Secretariat, AREF

Jacqui provides policy guidance and secretariat services to the AREF Board and AREF Management Committee as well as the following AREF Committees: Corporate Governance, ESG & Impact Investing, Investor, Public Affairs, Research and Information and Retails Funds. In addition, Jacqui monitors members’ compliance with AREF’s Code of Practice. 

Jacqui joined AREF in 2014 after working for over 25 years in fund compliance, client relationships and administration at Natwest Trustee & Depositary Services.