Pathways to Property Review 2017 - Henley Business School
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Pathways to Property
Review 2017
Pathways to Property
Project Now in its fifth year,
Pathways to Property
background saw the first of its Summer
Launched in 2012, Pathways to Property School students graduate
aims to widen access to the real estate
in July 2017. Of the three
profession by raising awareness
of, and aspirations about, the vast students from the 2013
range of careers available within the Summer School who
property and real estate sector.
graduated from the real
Pathways to Property is led
by the Reading Real Estate Foundation
estate and planning degree
at Henley Business School, University from Henley Business
of Reading, and was established School, all three have taken
as a response to the recognised
lack of diversity in the industry. on graduate roles within
Its successes are due to the very the property industry.
strong industry support which it enjoys.
Amongst many schools, there is a lack
of awareness and understanding Since the launch of the
of the industry and the vast and varied
project in 2012, Pathways
career opportunities available within
real estate and the wider property
to Property has:
sector. The project seeks to expose
able students from less advantaged
9,300
engaged
and non-traditional families to these
with over students
opportunities. By engaging with sixth
form students, their teachers and
careers advisers, Pathways to Property
works to introduce the idea of real estate engaged
with over
as a subject of study and to provide
a way for young people to find out about 2,200 teachers
and careers
careers within the property sector. advisers The project
has run five
The aims of the project are: Summer Schools:
160
• To increase the diversity of applications attended
over events
for Real Estate and Planning degrees
at Henley Business School by promoting
the attractions of a career in the
property industry to students from
410 students have attended
the residential Pathways
state schools, focussing on an annual to Property Summer
School
Summer School. Priority at the Summer
170
School will be given to academically work of attendees had
able students from disadvantaged
Over
experience
81% no family experience
and non‑traditional backgrounds. placements of higher education
have been
• To encourage interest in a property
completed
career amongst talented students
at 48% of attendees
from all backgrounds by increasing were female
the effectiveness of communications 31 different
firms
between the industry and students.
2
Annual Review 2017
Pathways to Property Summer School student destinations:*
From the first four Summer Schools, of those attendees whose progress
we are able to follow, 164 went on to study at university.
A further
82 Summer School
participants have gone 91 Summer School
participants have gone
* We do not know the destinations
of all students. The data we have
on to study or work in on to study at university, is from 201 (out of 319) students
property including: who have provided feedback
about what they are now doing.
have gone
73 on to university, 31 studying accounting, The student destination data
finance, business covers the 2013, 2014, 2015 and
with 25 studying
or economics 2016 Summer Schools.
at Henley Business
School, University Of those students we have been
of Reading 8 studying geography able to track (201), 41% have gone
or human geography on to study or work in property.
9 are completing
apprenticeships
3
Pathways to Property 4
Annual Review 2017
Thank you
It is only thanks to the support of firms, donors In 2016–17, over 85
and volunteers with their provision of funding, expertise, individuals and firms
time and contacts that Pathways to Property is able volunteered their time
to achieve its aims and objectives. and support by:
• Inspiring students through talks
Thank you to the following firms for their in schools
financial support for Pathways to Property: • Visiting the Summer School
in July 2017 and engaging with
Gold Level Silver Level the participants
British Land CBRE • Providing work experience placements
for Summer School students
Landsec Cushman & Wakefield
• Hosting site visits for the
SEGRO Gerald Eve
Summer School
UPP Foundation Hammerson
Redevco Thank you to the following
Savills
firms who hosted 46 work
experience placements
The Crown Estate
for Pathways to Property
Bronze Level
Summer School students
in October 2017:
Allsop Holtby Turner
• Allsop
Aubrey Orchard-Lisle Charitable GM Real Estate
Trust • BNP Paribas Real Estate
intu Properties
BNP Paribas Real Estate • British Land
JLL
Capital and Counties Properties • Broadgate Estates
Knight Frank
(Capco)
• Capital and Counties Properties
Oxford Properties
Carter Jonas (Capco)
Shaftesbury
Colliers International • Carter Jonas
Strutt & Parker
Exemplar • CBRE
The Ellis Campbell
Frogmore • Cushman & Wakefield
Charitable Foundation
GCW • Gerald Eve
• Hammerson
Other Supporters
• intu Properties
Battersea Power Station Development Kontor Space
• JLL
Christopher Rowbotham The Fineman Trust
Charitable Trust • Knight Frank
The Sutton Trust
Investment Property Forum • Oxford Properties
• Savills
• SEGRO
• The Crown Estate
5
Pathways to Property
The Pathways to Property Reading
Project Board Real Estate
The Board provides strategic guidance, support and expertise Foundation
for the project and to the Pathways team. Members of the RREF is a unique and forward-thinking
educational charity, established
Board are key individuals in industry and education and include to support real estate and planning
representatives from firms, alumni, and academics from the education at Henley Business
School, University of Reading. As well
Department of Real Estate and Planning at Henley Business
as supporting Pathways to Property,
School, University of Reading. RREF engages with and supports
students to help them achieve their full
Industry Board Members Academic and RREF Board Members potential and become the best in the
Alan Froggatt Principal, Touchstone Emily Archer Programme Delivery industry. This is done through financial
Advisors (Chair) Manager— Pathways to Property, support, a mentoring programme,
Henley Business School an annual careers fair and an evening
Paddy Allen Partner, Cushman lecture series. RREF continues to
& Wakefield Susannah Campbell Development engage and connect with students
Luke Appleby Co-founder, Kontor
Manager, Henley Business School as they become alumni, through
Jean-Pierre Choulet Executive Director fundraising and networking events that
Emma Cariaga Head of Operations, help to support the aims of the charity.
RREF, Henley Business School
Canada Water, British Land
Joe Doak Associate Professor
Paul Clark Director of Investment In 2016–17, RREF:
& Undergraduate Admissions Tutor,
and Asset Management, The Crown
Department of Real Estate and Planning, • Awarded £172,500 to 51 students
Estate
Henley Business School through bursaries, scholarships,
Holly Franklin Management Consultant, hardship grants, PhD studentships,
Kerry Johnston Head of Product
Nine Feet Tall prizes and awards.
Design and Programme Delivery,
Fiona Freeman Managing Director, Henley Business School • 262 UK & International mentors
FTI Consulting participated in the RREF Mentoring
Edward Shepherd Lecturer, Department
Jane Hollinshead Director, Programme, 55 of these worked
of Real Estate and Planning, Henley
IJD Consulting Limited with two or more mentees.
Business School
Bryan Laxton RREF Trustee • Had representatives from 34 firms
Emma Street Associate Professor
at the annual careers fair with over
Claire Maton Programme Manager, & Director of Undergraduate Programmes,
300 students attending.
The Sutton Trust Department of Real Estate and Planning,
Henley Business School
Chris Stylianou, Programme Delivery
Assistant— Pathways to Property,
Henley Business School (Secretary)
Paola Tinti Head of Fundraising,
Henley Business School
6
Annual Review 2017
‘For me, the Summer
School was the first
step into a career in the
property industry and
a lot can be achieved
with the help of RREF
and the Pathways
to Property initiative.’
Bradley, Summer School 2013,
graduate surveyor
7
Pathways to Property
Pathways to Property 2016–2017
The project’s key objectives for 2016–2017 included:
Increasing the number Increasing bursary levels Extending outreach beyond
of students moving from to support the most the Summer School
the Summer School disadvantaged The Summer School is a hugely
to relevant courses Financial concerns can be a significant successful aspect of the Pathways
barrier to students from non‑traditional to Property programme but
We were delighted to see the
backgrounds in accessing higher the project recognises that there
highest number of students to date
education, and Pathways to Property are young people who, for whatever
enrol on Real Estate and Planning
continues to provide a £1000 welcome reason, are unable to attend the
courses at Henley Business School,
bursary to all Summer School attendees Summer School. The Project Board
University of Reading, in September
who enrol on a Real Estate and Planning has been exploring innovative and
2017. In total, of the Summer School
course at Henley Business School. creative ways in which to further
2016 students we have been able
In addition to this, the Reading Real Estate the engagement of the project with
to track, 43% began work or study
Foundation and the Pathways to Property a greater number of young people,
in the property industry in 2017, with
project offer a number of bursaries worth and in spring 2018 the Pathways
a number of others deferring or taking
£5000 a year for three years to students to Property OOC (open online
a gap year and planning to enter
in need of financial support. With course) will launch. This will be
the industry at a later date. Increasing
increasing numbers of students moving a free, interactive, online short
the number of students moving from
from the Summer School to study on Real course, and is aimed at 14–18 year
the Summer School to a relevant
Estate and Planning courses at Henley olds to inspire and excite them about
course is an ongoing aim of the project,
Business School, this financial support the opportunities available within
and we will continue to work towards
is a vital element of the project both the property industry.
this, both through exploring new ways
of engaging with students and utilising now and moving forward.
existing tools such as the e-mentoring
and work placements elements
of the programme.
8
Annual Review 2017
Sharing our experience During 2016–2017, Pathways to Property:
and knowledge
Pathways to Property continues
to work closely and in collaboration
with a number of other projects
and organisations. Most notably,
the project is an active member
of Property Needs You, and Reached over 3350
Attended 13 school talks students
attends a number of large-scale
and very popular careers events
under this collaborative banner
each year. We also work with
other initiatives and organisations
across the industry to provide
a collective voice to encourage Attended 31 careers events And almost 820 teachers
and engage young people and careers advisers
with the exciting and varied
opportunities available across
the industry.
Ran 1 summer school
59 individuals volunteered
their time
1610 hours of time 294 hours of individual 16 hours of time donated
donated by firms in work volunteer time given by firms for off-site visits
experience placements for for the Summer School
Summer School students
9
Pathways to Property
‘It was one of the
best experiences
as I learnt about
a whole new side to the
property world and met
some amazing people
along the way.’
Anees, Summer School 2017
‘The summer school
was an insightful
experience of the
world of property
which I was oblivious
about, it really allowed
me to learn more about
a potential career.’
Nali, Summer School 2017
Pathways to Property Summer School 2017
The fifth highly successful Pathways discussions around current themes in We are incredibly grateful for the support
to Property Summer School took place property, whilst also raising awareness given by so many to enable the Summer
at Henley Business School, University of the many and varied roles and career School to be the success it is. Thanks
of Reading from 24–27 July 2017. opportunities within the sector. As must be given for the extensive support
Coming from schools and colleges always, one of the highlights for the provided by the industry and by the
across the UK, the 91 Year 12 attendees students was working on their group academics from the Department
were keen to learn more about property project; a stakeholder debate about of Real Estate and Planning at Henley
and to experience university life. a proposed development on the edge Business School. This support was
of Reading, which saw the students multi-faceted and included delivering
With a busy programme running across
presenting to a group of invited lectures and academic sessions,
the four day residential summer school,
guests on the final day. The passion supporting the students as they worked
the students enjoyed academic and
and enthusiasm of the students on their group projects, hosting site
social activities, site visits, staying
during the ensuing debate was clear visits for the students, and attending
in university halls of residence, and
for all to see, as was the extent to which the presentations and talking with
making new friends. The programme
their knowledge had increased. the students on the final day.
used different media to facilitate
10Annual Review 2017
Summer School 2017:
91 attendees
93% of attendees had
no family experience
of higher education
42% of attendees were
female, 58% male
96% of attendees felt
informed about
careers in property
after attending the
Summer School
43% of attendees
are definitely
considering studying
a property-related
degree after
attending the
Summer School.
Thank you to the following for allowing their staff And to the following
to volunteer their time and support the students for hosting site visits:
with their group work:
Berkeley Group Kontor Berkeley Group
British Land Lendlease Mapletree UK Management Limited
CBRE Oxford Properties Network Rail
Gerald Eve Shaftesbury Thames Tower Reading
GL Hearn Strutt & Parker
JLL
11Pathways to Property 12
Annual Review 2017
Pathways to Property 2017–2018
The project’s key objectives for 2017–18 include:
Engage with a wider Celebrate five years
number of young people of Pathways to Property
With the launch of the Pathways The fifth Summer School took
to Property OOC in 2018, the project place in July 2017, and Pathways
is seeking to expand its reach to engage to Property is celebrating the successes
with a larger number of young people. of its first five years whilst also looking
Designed specifically for 14–18 year forward to the future. The programme
olds, this innovative online course is reviewed each year to ensure
will provide a way for a greater it remains relevant, and the project
number of young people to explore, will continue to explore ways in which
and be excited by, the built environment. to engage and interest young people
Once the OOC has been completed, in property.
Pathways to Property will signpost
further opportunities for young
people to continue to find out more
about the property industry.
‘I was amazed at the
Support students moving
into the industry incredible opportunities
The graduation from university and industry experts
of the first cohort of Summer that I was able to gain
School participants in the summer
of 2017 has meant that the project
an insight from.’
is in the process of expanding Dwarak, Summer School 2017
its activity to ensure that it continues
to provide support to these students
as they begin their first jobs within the ‘It was extremely useful
industry. The project will continue to
for me to rotate with
explore ways in which to effectively
and successfully support these the different teams
students as they embark upon their
careers.
as I was unsure of
what they did, but by
Create an alumni the end of the week,
network of Pathways
I had expanded my
to Property students
All young people who complete the knowledge and have
Summer School are recognised as begun to think about
alumni of both Pathways to Property
and Henley Business School. To date, what part of real estate
the project has 410 alumni from five interests me.’
cohorts of Summer School students,
and the project is continually seeking Shanti, Work Experience
ways to remain engaged with these October 2017
young people.
13Pathways to Property
What more can you
or your organisation do?
We are always looking to engage with more individuals and firms
to support this innovative project through both financial and non‑financial
support. For Pathways to Property to have an effect on actual numbers
of graduates entering the industry, we need to not only maintain the
current momentum, but to keep seeking ways for the project to grow
and the level of activity to increase. We can only do this with your
support and the support of the industry.
Financial support Work placements Volunteering
The financial support of our partners During every October We are always looking for volunteers
ensures that the project can half‑term, we offer students who across England and Wales to help
continue to work towards its aim attended the Summer School the deliver the project. This could
of widening access to the real estate chance to apply for a week-long work be by volunteering to support the
profession and raising the aspirations experience placement. The placements students at the Summer School or by
of many young people. provide an incredibly valuable insight giving talks in state schools and colleges.
into the sector for the students as well The aim of the talks is to raise the profile
Corporates and individuals can support
as giving them experience working of the property industry to Year 12
Pathways to Property at different levels.
in a corporate environment. students (16–17 year olds), teachers,
A commitment to the project over
careers advisers and parents as well as
a number of years guarantees the We are always looking
promoting the Pathways to Property
sustainability of the programme, and for firms across the UK who would
Summer School.
we recognise this important contribution be willing to host a student for the week.
as Bronze, Silver or Gold level donations, Pathways to Property offers all students Talks often take place during assemblies,
with a minimum commitment of £5,000 taking part in a work experience but could also be in a lesson such
a year for three years. Individual donors placement a £250 bursary to cover as geography, economics or business
can also support the project by setting transport and other costs. Firms are studies. We suggest volunteers talk
up regular payments. A gift of £1,000 not asked to contribute towards this. about their experiences and why they
a year towards the project means you enjoy working in the sector in order
will be recognised as a RREF Pioneer, to inspire students and promote real
a gift of £3,000 a year towards the estate as a career.
project, and you will be recognised
as a RREF Ambassador. With a gift
of £5,000 a year you will be recognised
as a RREF Major Donor.
If you or your firm already support
Pathways to Property you may consider
increasing your gift or extending
your commitment.
14Annual Review 2017
‘The work experience was Contact details
very useful ... it has helped
Financial support Work placement and volunteering
to develop my career
If you or your firm are interested If you would like to offer a work
plans and consolidated in supporting the project experience placement for students
my interest in studying or in increasing your support, who have attended the Summer
please contact: Paola Tinti, School or would like to volunteer
Real Estate and Planning Head of Fundraising, for talks, please contact: Emily Archer,
in university to become Henley Business School at Programme Delivery Manager
a Chartered Surveyor’ development@rref.reading.ac.uk (Pathways to Property) at
or call +44 (0)118 378 4096 pathways2property@rref.reading.ac.uk
Deborah, Work Experience or call +44 (0)118 378 4196
October 2017
15‘I just wanted to say a massive thank you ‘SEGRO is proud of its long term support
for everything, from the summer school of Pathways to Property, being one of
to the work experience. I can’t explain the original donors when the programme
how indecisive I was feeling for months launched in 2012. We fully support, and
prior to this work experience and now believe in, increasing diversity within our
I have made a commitment to the career sector by opening it up to those who have
I would like to go into with so many plans no connections within the industry and
and objectives set for myself. Being would otherwise have no knowledge of the
introduced to the property industry was great careers on offer. SEGRO is a Gold
great but being exposed to it fully in the Level sponsor of Pathways and each year
element was truly the best experience invites students from the programme to
I have ever had. Everyone … was so nice, take part in work experience with us so
welcoming and encouraging. I would that they can explore what Real Estate
definitely love to come back here after has to offer. We recognise that increasing
my degree and do my APC. I have big plans diversity within our sector is a long term
for myself now and that is all thanks to this aim and we are therefore committed
charitable programme which has changed to supporting Pathways as one of the
all my ambitions for the better.’ initiatives which will make a difference.’
Christine, Work Experience October 2017 David Sleath, CEO SEGRO
For more information, please contact:
Emily Archer
Programme Delivery Manager (Pathways to Property)
Henley Business School
University of Reading
Whiteknights
Reading. RG6 6UD
pathways2property@rref.reading.ac.uk
Tel +44 (0)118 378 4196
/PathwaysToProperty @PathsToProperty
www.reading.ac.uk/pathways-to-property
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