Home Commercial Property Sadiq Khan and Property X-Change call for property industry to get behind initiative revitalising London’s high streets

Sadiq Khan and Property X-Change call for property industry to get behind initiative revitalising London’s high streets

by LLP Staff Reporter
31st May 23 2:10 pm

Property X-Change has appointed Environmental, Social and Governance (ESG) expert Vivienne King to help take this new platform to the next level, working more closely with the sector to accelerate the way high street property can deliver social value.

Property X-Change was set up by Greater London Authority (GLA) and founding partners in 2022 as a platform to share ideas and promote under-represented voices across the property sector. Since its formation, an exciting new network representing London’s diversity and culture and with a passion to create and shape more vibrant and inclusive high streets has emerged.

King, the former head of REVO and Soho Housing and current head of real estate at social impact advisor The Good Economy, supports the GLA’s vision for Property X-Change as a powerful forum for collaboration and action for everyone who has an interest in the success of London’s high streets and their future.

Property X-Change wants to grow the network with forward-thinking property owners, asset managers and developers to help lead the way in re-thinking how high street property can be at the heart of local resilience. King is backing the call on the sector to help unlock new types of value through creative approaches that deliver local impact alongside financial returns.

King and the GLA both want Property X-Change to become a beacon for real change in embedding equality, diversity and inclusion in every aspect of local development, from those involved in curating local places to those who benefit.

Property X-Change is calling on those who want to be part of this pioneering approach to revitalising London’s high streets to join a Summer Celebration event at London Centre on 28 June. Tickets are free, open to all and anyone interested in joining the initiative is encouraged to attend.

Deputy Mayor of London Jules Pipe said, “Property X-Change is part of the Mayor’s commitment to sustainable high street and town centre regeneration across London. Our high streets have faced many challenges over the last few years including a reduction in footfall and the financial squeeze on retailers and shoppers.”

“Vivienne’s involvement and experience will be invaluable to the growth of Property X-Change, enabling social impact businesses and underrepresented talent bring fresh ideas that will shape the future of high streets across the capital.”

Vivienne King, Property X-Change ambassador, said, “The work already done by the GLA and its partners has made Property X-Change into a rare and important tool – a way for us all to address social impact in ESG strategies.

“Being appointed ambassador is an opportunity to grow this initiative and support a drive for real and sustained success. I believe that by connecting the interests of those emotionally and financially invested in our high streets and overriding the silos that get in the way of creative dialogue, we can work together explore new ways to deliver social value through high street investment.

“I hope we can get to a place where everyone wins – investors see sustainable activity, operators successful businesses and residents share in the benefits of activity that supports their communities. In short, vibrant and inclusive high streets can emerge. If you’re working to this agenda and want to share a pioneering approach, we want to hear from you.”

Leave a Comment

You may also like