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10/12/2008

Treasury Joins The BPF

Treasury Holdings, the international property company leading the Battersea Power Station redevelopment, is announced as the latest high profile property firm to join the British Property Federation (BPF).

Treasury has recently announced a new €800 million town centre development called Spring Cross in Ballymun, North Dublin. With a catchment of over 1.4 million this development delivers a huge number of destination-led shoppers with an annual retail spend in excess of €9.5 billion.

The BPF is looking to continue expanding its membership as the industry looks to try and weather what many predict to be the deepest recession for many decades.

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Robert Tincknell, Managing Director of Treasury Holdings, said: "These are testing times for our industry but it is vital that we continue to develop and continue to promote the importance of our industry to the wider economy. That is why we have decided to join the BPF and support the fine work it does shaping a better business environment for real estate. We must continue to ensure that everyone across the political sphere is as informed as they can be about the many fantastic projects we deliver together. We are very much looking forward to being involved with the BPF, helping to shape policy and supporting its various campaigns over the years to come."

Liz Peace, Chief Executive of the BPF, said: "The experience and expertise of Treasury will be a huge benefit to the BPF in helping shape our work in the future. We have led high profile campaigns on REITs, planning, leasing and of course empty rates and the involvement of the industry is vital in making these work. The more we are able to bring the industry together, the more we are able to deliver. Our success as a lobbying body is all down to the commitment and involvement of our members, and we are keen to welcome others into the fold."

(CD/JM)

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