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LATEST NEWS & EVENTS BPF say that healthy property industry is "vital"  The British Property Federation (BPF) has advised ministers that a stable licensed property market is extremely important for Britain's economic recovery. To help ensure property market stability, the BPF has encouraged the government to further localise business rates, provide incentives for development and restore empty property rate relief. The BPF also advised ministers to improve training standards for planners focused in development economics and for a wider distribution of abilities between local authorities. Liz Peace, chief executive of the organisation, said: "The government needs to act quickly to provide a stimulus for commercial development and also to allow local authorities greater control over general rating." Last month, a survey completed by JP Morgan Asset Management suggested that improvements are anticipated in the profits from real estate assets such as commercial property. Over half of organisations polled (56 per cent) by the firm confessed that they are considering or are already engaged in real estate investment. Posted by Gaby Hamerton 
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