REP Student in final of Henley Challenge
10 February 2017
Congratulations to Frank Gaymond
Congratulations to Frank Gaymond, a student on our MSc Real Estate programme, who has reached the final of the Henley Challenge. The competition is open to all students across Henley Business School and encourages the use of knowledge, skill and creativity to answer a theme question. This year's Challenge was for students to answer the theme question: "Social change…business gain - How can your sector or field contribute to creating a better society for all and still meet shareholder demands?".
Asked about the Challenge Frank responded "It's a real honour to reach the final of the Henley Challenge. Real estate is at the core of our society and I am really excited to discuss its future development and impact on communities.
In recent decades, real estate has become an asset class of its own with a variety of specialisms. One such niche is infrastructure investment which develops social and logistical amenities (schools, hospitals, care homes, motorways) in collaboration with the government. These companies traditionally obtained finance through private equity, banks or institutions and offered long-term steady returns to investors. My idea asks whether a local co-operative fund could offer competitive finance whilst providing the chance for people to invest and develop their local community. Furthermore, with the demise of defined benefit pension schemes and housing affordability, could local social infrastructure investment offer a viable alternative for those planning their retirement?
The Henley Challenge has been a great opportunity. It has not only developed my own understanding but also allowed me to meet some really interesting people across the real estate sector. I am really looking forward to presenting my idea on the 1st March and learning from my peers on the other shortlisted teams."
Good luck Frank, we'll all be rooting for you!
You can book a place to watch Frank compete in the final here: Henley Challenge 2017