On Friday May 9th 2014, approximately 20 University of Cambridge Land Economy MPhil and PhD students toured the London Borough of Ealing to learn more about the commercial and residential redevelopment in the area. Ealing has seen increased levels of redevelopment since the announcement that there would be a new Crossrail Station in the borough in 2019. The tour was hosted by Benson Elliot Capital Management and the head of regeneration at Ealing Borough Council. Students got to tour a redevelopment site where construction was on-going, received a lecture, and were able to have an open dialogue with members of Benson Elliot and Ealing Borough Council.
Benson Elliot taught students about the best practices in how to acquire a site for redevelopment, how to construct and implement a business plan and some of the risks and problems that come along with the process of redevelopment. The head of regeneration at Ealing Borough Council, taught students about the regeneration plan for Ealing and the best way to work with the private sector and citizens in order to facilitate good communication, and devise and implement effective community supported plans.
The trip gave students an insider real world look at how finance, planning and development occur in London. Students on the trip stated that the trip "advanced our understanding of how real real estate development works" and gave a "more clear idea of how planning and real estate development work, particularly at the council level".