The government is setting up a commercial property forum, through which the industry will inform Whitehall officials of what is happening in the market.
Sir Bob Kerslake, head of the civil service and Communities and Local Government permanent secretary, has been lined up to chair the board and ensure cross-Whitehall participation in its activities.
The forum will meet with government at least twice a year.
It will comprise up to 10 members but meet on a subject-specific basis, so members would change depending on what topic the board has selected to discuss.
Topics could include retail insolvencies and debt financing, and the BPF will co-ordinate meetings and identify spokespeople.
BPF chief executive Liz Peace said: “We see the new board as an heir to previous bodies that had mixed success, but which the industry has considered were necessary.”