Property X-Change case study
Picture from propertyxchange.london
Property X-Change is a collaboration of diverse voices coming together, sharing experience and fresh ideas to create thriving high street property that works for all Londoners.
In their recently published report on the Saira Hospitality pop up school, Property X-Change state that "from showroom to classroom, this case study tells the story of how a collective of landowners in East London endeavours to heal the scars of gentrification."
Some background
Between May and July 2022, over 60 students were invited to enrol in Saira Hospitality’s ‘soft skills’ training programme delivered on Redchurch Street, next to high-end shop and boutique cafes, and several Vogue-worthy venues. Furthermore, given the clear ambition to provide opportunities for local and disadvantaged communities, participants were mostly female, Tower Hamlet residents, and long-term unemployed.
The success of the project speaks for itself. Of 60 participants, 40 have since been placed in work with a further 15 interviewing for new jobs, fulfilling the programme’s aim of supporting candidates to progress a career in the hospitality industry. The employer partners were, of course, given first pick of the freshly minted graduates.
About Property X-Change
Property X-Change is an online resource and network for any individual or organisation with an interest in creating thriving high street property that works for all Londoners.
Launched in July 2022, a broad programme of inspiring conversations and events as been co-created with a diverse network of collaborators. Initially running as a 12 month pilot, the initiative was jointly developed by the Greater London Authority, Confederation of British Industry, Cross River Partnership, Federation of Small Businesses, British Property Federation, London Councils, BusinessLDN, Guardians of the Arches, the Mayor of London, and Transport for London Property, with support from the Bloomberg Foundation.
Their values are:
Equality, diversity, and inclusion
Innovation and experimentation
Collaboration and co-creation
Social, environmental, and economic sustainability
You can read more about Property X-Change here and follow them for updates on Instagram, Twitter and LinkedIn