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PROGRAM
Tuesday, December 1, 2009
Click Here to Download the Printable Brochure
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| 7:15 am | REGISTRATION & CONTINENTAL BREAKFAST |
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8:00 am |
WELCOME AND OPENING REMARKS
Conference Chairman:
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| KEYNOTE PRESENTATIONS | |
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Global
Property Market Trends and Forecasts: How Have the International Markets Performed in 2009? Have There Been Any the Winners in the Past Twelve Months? What Lies Ahead? An overview of how real estate has performed as an investment asset class in major global markets over the past year. What have been the “best in class” properties over this period of time? Which markets have hit “bottom” in the past twelve months and are entering a phase of the cycle offering high quality investment opportunities? Are there any markets that have performed above the norm?  Simon
Fairchild, Managing Director, IPD North America, IPD |
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How
Have Global Real Estate Markets Survived the Credit Crunch
and Turbulent Economic Markets? What is the Outlook for
2010? Where Should You Be Looking? An examination of the most significant trends in property markets around the world. How have they dealt with the aftermath of the collapse of the conventional credit markets, reduced liquidity, and wavering economic conditions? What are the major issues and challenges facing investors, owners, and private and public equity decision-making in a global context? Where is the re-pricing of risk heading in international markets? What are the key challenges that lie ahead for investors in 2010? Which markets are likely to attract the greatest investor interest?
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| 9:00 am |
Making Strategic Shifts in
Global Markets in Turbulent Times A review of the major trends that have hit the investment management market in 2009. Where are people looking to invest? How are they accumulating capital to do it? And what is the new price of that capital? • What are the most significant trends in the global property market? • Capital deployment – who is investing where, and how are they doing it? • Are traditional closed end funds a thing of the past? If so, what’s next? • Institutional investment strategies – are they changing, and how? • Why are investors with cash having difficulty in deciding whether to make a move or not? • How long will major funds be on the sidelines before deploying their capital during the recovery? • What is the strategic case for continuing to look at international investment? Is the real question not which market you should be in, but how to balance your portfolio in all markets? • What do they foresee in 2010 and beyond? Moderator: John Macdonald, Executive Vice President & COO, OMERS Panel: Jeff Barclay, Managing Director & Head of Acquisitions, ING Clarion Partners Michael Clarke, Director & Head, Property Distribution, Schroder Property Investment Management Limited Claudia Faust, Co-Founder & Managing Partner, Hawkeye Partners LP Roger Orf, President & CEO, Citi Property Investors, and Head, CPI Europe |
| 9:50 am | MORNING REFRESHMENTS |
| 10:15 am | FOCUS ON TIER ONE COUNTRIES: UNITED STATES, UNITED KINGDOM, GERMANY AND OTHER WESTERN EUROPEAN MARKETS |
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An examination of tier one countries in North America and
Europe, and the trends shaping their property markets. Some
of the questions that the panel will discuss include: |
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| 11:30 am | FOCUS ON BRAZIL, CHINA, INDIA AND OTHER EMERGING MARKETS: ARE THE BEST OPPORTUNITIES HERE? |
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Emerging markets have attracted
a significantly growing amount of interest. Some of this
could be due to the relatively stronger economic conditions
in some of the larger countries. There is a 10 point GDP
differential between China, India and Brazil, and the United
Kingdom and United States. Is that not a reason to at least
continue selectively evaluating possibilities in the
emerging markets? What have been the major trends shaping
their property markets? The session will focus on: • How have emerging markets performed on a relative basis over the past twelve months? • Where are the best opportunities among the emerging markets? What locations? Which asset classes? • For emerging market investors, has there been a significant change in your investment strategies? • In light of the current global economic downturn, do emerging markets pay you enough to justify the risk? • What are foreign investors doing in these markets? Are they choosing funds and securitized real estate rather than more direct strategies? Moderator: Janice Stanton,
Senior Managing Director, Capital Markets Group, Cushman & Wakefield Ltd. Panel: Peter Ballon, Director, CPP Investment Board Tom Boytinck, Managing Director, Farragut Capital LLC Denis Epoh, Senior Vice President,
Portfolio Management, SITQ Andrea Stephen, Executive Vice President, Investments, The Cadillac Fairview Corporation Limited |
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| 12:40 pm | NETWORKING LUNCHEON |
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| 1:50 pm | GLOBAL CAPITAL FLOWS: HOW MUCH LIQUIDITY IS RETURNING TO THE MARKETS? WHAT WILL BE THE VELOCITY IN 2010? |
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TThe last twelve months has seen
a major swing in global capital flows, from the stagnant
market of Q4 2008 to vibrant public capital raising and
recapitalizations and the emergence of new forms of private
capital during 2009. What lies ahead? • What will become of all the fresh capital? Will defensive positions change into offensive strategies? • Will new capital once again drive cap rate compression? If so, is it deserved? • Distressed sellers – does anyone know where are they? • Who will now be the players – old versus new? Where are they going to focus their capital, how are they going to raise the financing, but also what will be the structural form of investments going forward? Moderator: Peggy DaSilva, Managing Director, RREEF Panel: Matthew Greenberger, Director, Real Estate Investment Banking, Citigroup Global Markets William Jandrisits, Director, Finance, Starwood Capital Group Michael McDonald, Managing Director, Eastdil Secured Dan Teper, Managing Director, Real Estate Investment Banking, RBC Capital Markets |
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| 3:00 pm | GLOBAL OPPORTUNITIES ASIDE: IS IT TIME TO BUY CANADIAN? |
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Has Canada’s conservatism
finally made the country a more attractive investment
market? Is Canada viewed as the beta in a world of alpha? If
the United States and the United Kingdon represent “higher
risk opportunities” because they had such great value
destruction, which is the right way to go? How does Canada
compare to the rest of the world with respect to both market
demand and the pricing and availability of capital? • Who is looking at Canada and why? • What impact will foreign investment have on the Canadian real estate markets? • What is the point of entry for a foreign investor? • What are the leading opportunities? • How are Canadian firms working with foreign investors? Moderator: Milton Lamb,
Senior Vice President, National Investment Team, Colliers International Panel: Christian Strauch, Managing Director, ALINA Fund Management, Inc. / KGAL Group Chris Tambakis, CEO, North America, Adgar Investments & Development Inc. Gordon Vollmer, Senior Vice President, Investments, Morguard Investments Limited Paul Zemla, CIO, Bentall LP |
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| 4:00 pm | ADJOURNMENT |
