The Property Industry Alliance’s annual Property Data Report, highlights the property industry’s contribution to the UK economy:
The report sets out some key facts about commercial property, a sector that makes up a major part of the UK economy in its own right, as well as providing a platform for virtually all the country’s other major industries. It is a sector that plays a crucial role by providing places in which people can work, shop and enjoy leisure activities. Larger than the banking, leisure, communications and transport sectors, commercial property is also a significant investment asset for the pensions industry, and so contributes to the financing of our retirement.
Property Industry Alliance
The Property Industry Alliance is a cross-industry group working together to achieve a more co-ordinated and effective approach on policy, research and best practice issues from leading property bodies in the UK. The Urban Land Institute joined the PIA in 2012.
Currently, the PIA consists of eight organisations: