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LONDON-Rob Bould, head of investment at GVA Grimley has taken over as the new chairman of the Investment Property Forum. He said he plans to use his year in office to forge links between the IPF and related organizations such as the RICS, the UK Society of Investment Professionals, the British Property Federation and the British Council of Offices.

Bould succeeds Martin Moore, Managing Director of Prudential Property Investment Managers. At the same time, Mike Brown of Helical Bar, David Hutton of Lend Lease and Andy Martin of Strutt & Parker have joined the IPF management board.

The IPF has become the recognised body for the property investment sector, and its membership has grown from 20 founders in 1991 to 1,320 members today. Of this total, only 38% have an investment surveying background; the remainder are bankers, actuaries, solicitors and the like.

Bould pledged to focus on the negative effect of Stamp Duty increases on the investment market, research into whether or not valuations are influenced by clients and the impact of a switch to a quarterly-in-advance method of valuation as opposed the traditional annual-in-arrears convention.

‘Big issues following the election of a new Labour government will include the potential for further increases in Stamp Duty from the current 4% to the European norm of 6%,’ says Bould.

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