Real Estate Forums is part of the Global Exhibitions Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 3099067.

Informa

Program Archive

December 3, 2013
Please click here to download the Global Propery market brochure

Title

Oxford_Logo90

Platinum

IvanhoeCambridge_GPM_only110

Gold

Oxford_Logo90
Oxford_Logo90

7:15 a.m.

REGISTRATION & CONTINENTAL BREAKFAST

8:00 a.m.

WELCOME & OPENING REMARKS

Conference Co-Chairs:

Louis Voizard, Senior Vice President, Growth Markets, Ivanhoé Cambridge
Eric Plesman, Senior Vice President, Investments, Oxford Properties Group Inc.

KEYNOTE PRESENTATIONS: GLOBAL PROPERTY MARKET ACTIVITY AND FORECASTS

WHAT WERE THE MAJOR TRENDS IN 2013? DID CANADA LEAD THE WESTERN MARKETS LAST YEAR AGAIN? WHAT LIES AHEAD?

An overview of how real estate has performed based upon risk adjusted returns in major global markets over the past year. How are the risk/return scores shifting? In which markets? Has cap rate compression gone too far? 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? Which markets have performed above the norm? The presentation will include a risk adjusted ranking of over 25 major western markets around the world surveyed in the IPD Global Annual Property Index.

Speaker:

Greg Mansell, Vice President, Head of Applied Research, IPD

Download the presentation

HAVE GLOBAL REAL ESTATE MARKETS TURNED THE CORNER IN 2013? WHAT IS THE OUTLOOK FOR THE FUTURE? WHERE SHOULD YOU BE LOOKING?

An examination of the most significant trends in property markets around the world during the past year. How have they been affected by the challenging economic conditions in many tier one countries? What impact has the EuroZone crisis, the unpredictable U.S. economic performance, and other global uncertainty had on investors and assets? Are we seeing a pause in property investment or even a pullback? Are the emerging markets still receiving investor attention? How much liquidity is now in the market? What are the major issues and challenges facing investors, owners, and private and public equity decision-making in a global context in 2014? Where is the pricing of assets heading in international markets? Since investment is driven by fundamentals, which markets are likely to attract the greatest investor interest, e.g. United States, Europe, old emerging markets, new emerging markets?

Speaker:

Jacques Gordon, Global Investment Strategist, LaSalle Investment Management

Download the presentation

AS VOLATILITY REMAINS AND THE COST OF CAPITAL STARTS TO SHIFT, WHAT ARE INVESTORS THINKING: GROWTH VS. CAPITAL PRESERVATION?

Given the challenges faced by other asset classes, real estate has outperformed many by offering investors steady and favourable yields. Cash flows offer safety. Hard assets have been attractive due to the volatility in the capital markets. Over the past few years, large volumes of cash flowed out of conventional equity and fixed income markets and into properties. What is happening now with allocations to real estate among institutional investors, portfolio managers and private equity funds as they look forward to 2014? Are we likely to see a pause in property investment or a pullback? Given the volatility in most global economies since 2009, preservation of capital and owning core assets grew in importance. Is that still the case?

Conference Co-Chair:

Louis Voizard, Senior Vice President, Growth Markets, Ivanhoé Cambridge

Panel:

George Ahl, Principal, M3 Capital Partners
Simon Blaxland, Executive Director, Investment, AEW Europe LLP
Robert Byron, Managing Principal, Blue Vista Capital Management, LLC
Jeffrey Scott, Senior Managing Director, Eastdil Secured

CONCURRENT SESSIONS (SELECT AA1 OR AA2)

SESSION AA1
CAN YOU STILL FIND GOOD OPPORTUNITIES IN THE U.S. OR HAS THIS MARKET BECOME TOO EXPENSIVE?

This session will provide an update on the U.S. market. What has really been occurring with respect to improving returns, and where is the market now in the cycle? What range of investment opportunities still exist, e.g. core vs. secondary markets? Some funds who invested in the U.S. in the past two to three years are coming out as that market is becoming very expensive. Who are the most prevalent buyers and sellers at this time? Where at cap rates at this time and where are they heading? What are the speed bumps to watch for? Why has the multi-unit residential property class performed so well? Given the growth in overall consumer confidence, how is the retail market now doing? What will happen to the real estate asset class if the U.S. economy continues to expand and grow in 2014?

Moderator:

Jim Fetgatter, Chief Executive, Association of Foreign Investors in Real Estate

Panel:

David Arthur, Managing Partner, North America, Brookfield Property Group
Barry Howell, Principal, Prudential Real Estate Investors
Susan Wallace, Executive Managing Director, Private Equity Group, USAA Real Estate Company
Brady Welch, Partner, Slate Properties Inc.

 

SESSION AA2
SPOTLIGHT ON LONDON: WHY IS THERE SO MUCH INTEREST IN THIS GLOBAL MARKET? IS IT NOW AT PEAK PRICING?

A very focused session on one of the world’s hottest property markets from an investment, development and leasing perspective. Why is there so investor interest so strong in this city? To what extent has it rebounded from the lows of 2009? What has enabled London’s property market to withstand many of the impacts of European economic issues and other trends? How are the leasing markets performing? Where are cap rates at this time and where are they heading? Are office rents hardening? What are the challenges faced by development projects? Which property classes are enjoying the greatest returns? What potentially lies ahead for London in 2014? Some discussion will also focus on: the significant development activity including King’s Cross; the tendency for foreign investors to use joint ventures as a way to enter this market; and the very hot in the industrial sector especially due to logistics.

Panel:

Richard Barkham, Group Research Director, Grosvenor

Download the presentation

Dion Panambalana, Partner, Hogan Lovells International LLP

Download the presentation

Andrew Thomas, Partner, London Markets, Head of International Investment, Cushman & Wakefield LLP

Download the presentation

7:15 a.m.

REGISTRATION & CONTINENTAL BREAKFAST

REGISTRATION & CONTINENTAL BREAKFAST

7:15 a.m.

CHAIRMEN’S RECEPTION

Jointly held with the attendees to The Real Estate Forum. Canadian Room. Fairmont Royal York Hotel.