Four leading bodies of the UK property industry have united to address important business and environmental issues with the formation of the Property Alliance.

The British Council for Offices (BCO), British Property Federation (BPF), Investment Property Forum (IPF) and Royal Institution of Chartered Surveyors (RICS) make-up the Property Alliance.

The formation of the Property Alliance, will give the commercial property sector a stronger voice on issues where greater coherence can make a difference.

Sir David Clementi , Chairman of Prudential plc and Chair of the Property Alliance, said: “I am delighted to be chairing the Property Alliance. I know just how crucial an efficient and dynamic commercial property sector is to the performance of the whole economy. Presenting the industry’s case effectively and maximising the value of the work carried out by its representative bodies demands a high level of cooperation between its leading players. I recognise that a good deal of cooperation already takes place but I believe that the Property Alliance has the potential to plug some of the gaps that exist.”