The Property Institute is the new title of the property associations formerly known as ARMA (the Association of Residential Managing Agents) and IRPM (Institute of Residential Property Management).
A merger of the two organisations was proposed last summer and following a member vote overwhelmingly in favour of the merger proposal, the two bodies and their memberships have now been brought together, under ‘The Property Institute’ (as of 9th March 2022).
The Property Institute has a live website which can be seen at: https://www.tpi.org.uk/
The two organisations, with a combined history of over 50 years, have been working extremely closely in recent years on a wide range of topics including the building safety crisis, sector mental health and wellbeing, and regulatory reform. Under the direction of a newly appointed Board, The Property Institute (TPI), will represent and uphold the ‘gold standard’ for professional practitioners and firms within the industry, providing enhanced support for its combined membership and creating a stronger, unified voice for the property management sector, as it takes centre stage at a time of unprecedented change in public policy.
Andrew Bulmer, former Chief Executive Officer of the IRPM, is appointed as its Chief Executive Officer. Commenting on the merger he said, “Joining forces in this way is a logical, timely, and exciting step. The Property Institute is well-placed to deliver game-changing support for the residential property management sector, continue to drive up industry standards and to be a strong, ethical, and influential voice for good.”
Former Chief Executive Officer of ARMA, Dr Nigel Glen, has been appointed Executive Chair. He added, “For our sector, it has been an extraordinary five years – we have had to face up to the harsh realities of the Grenfell tragedy, our long and drawn-out campaign for leaseholder funding, leasehold and commonhold reform, industry-wide regulation, and guiding and supporting our members through the COVID-19 pandemic.
“Despite the challenges, both ARMA and IRPM ended 2021 fit-for purpose, bigger than ever, and enjoying the highest public, media and Government profile in recent times.
“With a major step change in policy affecting all tenures of the residential property market, in terms of design, construction, health & safety, and management, as well as a significant overlap of ARMA and IRPM’s membership, mission and values, this is the right time to establish a united and stronger voice for our industry.”
A Board of 12 professionals, selected from the former ARMA and IRPM Boards, has also been appointed.