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Peter will become the number two in the organization, helping Laurent Ternisien, the Managing Director, with the commercial strategy of IPD. In this new role, Peter will reinforce IPD’s client facing activities, including responsibility for three main areas of the business: product development, marketing and overall research. He will continue to work with RREEF – as with other major global clients – on specific research projects and issues of industry wide significance.

Laurent Ternisien, IPD’s Managing Director said: “It is great news that Peter has decided to join us. Peter has a deep understanding of the real estate investment process, and has worked with some of the worlds largest and most innovative investors, helping them to understand and exploit the risks and opportunities of global real estate. The experience and skills he is bringing to IPD really will help to continue to reinforce our offer to clients across a variety of different markets, ensuring our products remains relevant and that we support the property industry in converting information into knowledge."

Rupert Nabarro IPD’s Executive Chairman and Founder said: “I am very pleased that Peter has agreed to join IPD in this pivotal role. His extensive international experience gained both at RREEF and Property and Portfolio Research (PPR) will only help to strengthen IPD’s international offering, and position as the world’s premier provider of real estate performance analysis."

On making the move, Hobbs stated that he is “delighted and honored to be joining IPD, a company that has played such a critical role in helping the real estate asset class mature over the past 25 years. One of the most profound lessons of the most recent downturn across global markets has been the need for greater transparency and improved understanding between investors and managers. Markets might be coming out of this downturn, but there remains much to do before real estate becomes truly accepted as a mainstream asset class. I am greatly looking forward to working with my new colleagues, clients and partners to reinforce the attractiveness of real estate to institutional investors.”

Peter Hobbs has had a long and extensive career in the property industry, starting as an analyst at Property Market Analysis in London, then moving on to Jones Lang Wootton as a valuer. He then took this experience to Boots Properties in his role as a strategist and then their investment manager. He then spent five years in the US with Property and Portfolio Research where he gained considerable international experience while building their global research coverage and business development processes.

For the past five years he has held a number of senior roles at RREEF including building their integrated research platform. He holds a PhD in Economics from the University of Reading and is a frequent speaker at industry events and conferences, as well as being a past Chair of INREV’s Research Committee, a European Council member of ULI, and a member of the RICS and AFIRE. It is intended that Hobbs will join the Investment Property Databank Holdings Limited Board on taking up his role.

Source: IPDThe year is 1870, and young Charles Wenmouth, the narrator of the highly recommended The Short Day Dying, wants to tell you something of his life, his faith, and his problems. In his unique, rather untutored way of speaking – filled with candor, anxiety, and passion – Wenmouth talks about his experiences as a Methodist lay preacher in rural southwest England:

‘I have been to the empty houses of the Lord I have seen his home made barren and held to ridicule the jewels that man may find in there gone to gather dust and the Book unopened though it contain such wisdom. I have known the Word of the Lord speak through me though it echoes in the emptiness with none to hear it none to listen. Time is pressing. Twenty-seven years are gone from me at least twenty I must surely be able to remember what has passed around me. It has been so short. Yet half my life is lost and my youth is already distant I forget what it were to be a child and the forgetting is as painful as grief.‘

And then Wenmouth asks, ‘What have the days amounted to?‘

All that follows in Peter Hobbs’ incredibly beautiful novel is the powerful answer to young Charles Wenmouth’s ostensibly rhetorical question.

Wenmouth’s intense Christian faith – reminiscent of the faith found in the poetry of the priest, teacher, and poet Gerard Manley Hopkins – and Wenmouth’s love of Nature – reminiscent of William Wordsworth’s poetic sensibilities – have, in harmony with his love of family and friends, sustained the young man for all of his days. Now, however, when we join Wenmouth at the outset of The Short Day Dying, the apprentice minister has been surrounded by pervasive poverty, relentless disease, and premature death. As he travels throughout the countryside of Cornwall, attending to the sick and helping the poor, Wenmouth finds that he has become increasingly discouraged as churches in rural Cornwall have become nearly empty shells with few parishioners. Despite the many earthly problems, Wenmouth draws private inspiration and strength from his friendship with a young blind girl, Harriet French, who steadfastly maintains piety and patience in spite of her illness. However, when Wenmouth learns of Harriet’s death, he finds that his grief and pain overwhelmingly threaten to destroy his faith. As Wenmouth’s crisis of faith deepens, his personal odyssey – physical, emotional, and spiritual – will take him to a point near the end of The Short Day Dying wherein he wonders, ‘Where is the soul that binds this life together?‘

And what is the answer to that question? Wenmouth’s answer is the thematic core of Peter Hobb’s exquisitely haunting novel. Written in a lithe, lyrical style influenced by the Bible, William Blake, and Thomas Hardy, The Short Day Dying also has an ambitious modern (post-modern?) quality that will also remind readers of William Faulkner, James Joyce, and Flannery O’Connor. The succinct bottom line, however, is this: The Short Day Dying is a must-read novel that readers will not soon forget.