2017 Program

Platinum

National Green

Gold

Bronze

An Evening Affair: Cocktail Reception

Bottled Water

Charging Station

Easi-Notes

Hand Cleanser

Journals

Keynote Address

Lanyards

Luncheon Keynote

Mints

Mobile Screen Cleaner

Napkins

Pens

Presenter Biographies

Registration

Wireless Survey

Plenary Sessions

General Sessions

Corporate

Media Sponsor

Furniture Sponsor

Supporting Associations

 

To reserve your sponsorship, please contact Katharine James at 403.290.1080 ext 62035 or email katharine.james@informa.com.

1:00 PM
WESTERN CANADA APARTMENT CONSTRUCTION & DEVELOPMENT WORKSHOP

Join us the day before the Forum for an exclusive workshop on one of Canada’s most vibrant real estate opportunities and development activities: new apartment construction.

Hosted by Derek Lobo, CEO, SVN Rock Advisors, this workshop will provide a strong focus on how you can benefit from the current gold rush to build apartments.

  • Opportunity analysis – Which Western Canada markets are prime for apartment development? What are the considerations for product and site selection?
  • Market study – Who are the key rental market competitors? What’s the gap in the market?
  • How to do a feasibility study – What should you build? What rents should you charge? What is the depth of market? How much money will you make?
  • A step-by-step financial analysis of the purpose-built rental apartment component including capital stack structure, financing and joint ventures.
  • Sensitivity analysis to maximize profit by manipulating variables such as rent level, unit mix and size, project timing and lease-up schedule.

A networking reception will follow the workshop.

PRICE:

Early Bird Price (until Sept. 22) - $195+GST
Regular Price (after Sept. 22) - $225+GST

An email confirmation with more details will be sent to all registrants.

Calgary TELUS Convention Centre, Glen 201–204
1:00pm – 4:00pm

Tickets must be purchased for this event.

Derek Lobo

Hosted by:
Derek Lobo
, CEO, SVN Rock Advisors

Jessica Harland

Speaker:
Jessica Harland
, ‎Manager, Multi Unit Client Relations at Canada Mortgage and Housing Corporation


5:00 PM
NEW! AN EVENING AFFAIR: COCKTAIL RECEPTION – SOLD OUT

Presented by:

A two-hour opportunity for informal networking and meeting other delegates prior to the conference.

Arts Commons
Jack Singer Lobby
205 8th Ave SE
Calgary, AB

To join our waitlist, please click here.

7:00 AM
REGISTRATION & CONTINENTAL BREAKFAST

Registration Sponsored By

Continental Breakfast Sponsored By


8:00 AM
WELCOME & GREETINGS

Randy Kraft

Introduction of Forum Chair:
Randy Kraft
, Audit Partner, KPMG Enterprise

Darryl Schmidt

Forum Chair:
Darryl Schmidt
, Vice President, National Leasing, The Cadillac Fairview Corporation Limited


8:10 AM
ECONOMIC OVERVIEW: CANADA, ALBERTA AND CALGARY

As the Canadian economy continues to evolve, where is Calgary now in the cycle? How does this market compare with Edmonton and the rest of the province? Alberta’s GDP growth is expected to rise to 2.2% after a decline of 2.7% in 2016. What are the key economic fundamentals contributing to this turnaround? What is the outlook for employment growth, interest rates, and commodity prices over the next twelve months? Will the U.S. economy continue to be robust through 2018? What impact will that have on Alberta? How does Calgary compare with other major Canadian cities?

Dawn Desjardins

Speaker:
Dawn Desjardins
, Vice President & Deputy Chief Economist, Royal Bank of Canada


8:35 AM
AN UPDATE ON THE GLOBAL OIL MARKET: WHAT’S NEXT?

What is expected to happen with oil prices over the course of 2018 and the immediate future? This presentation will provide a strategic insightful update on the predictions made in 2015, where OPEC policies are likely to be heading next year, and other geopolitical and economic factors likely to affect global hydrocarbon markets.

James Baird

Speaker:
James Baird
, Director, Business Development – Commercial Solutions, FCT

Michael Tran

Speaker:
Michael Tran
, Director, Energy Strategist, RBC Capital Markets


9:15 AM
STRATEGIC VISION FOR CALGARY: HOW IS THE CITY MOVING FORWARD?

From economic development priorities to municipal planning policies, what are the important steps being taken to facilitate growth and move Calgary forward? These two presentations will examine what economic engines are enjoying the most success, and what factors are contributing to current and future growth in this region. What municipal policies are particularly facilitating, managing and supporting growth and livability? What infrastructure plans are essential to complement these strategies?

Jeff Fielding

Mary Moran

Speakers:
Jeff Fielding
, City Manager/Chief Administrative Officer, The City of Calgary

Mary Moran, President & CEO, Calgary Economic Development


10:00 AM
MORNING REFRESHMENTS

10:30 AM
CONCURRENT SESSIONS (Select A1, A2, A3 or A4)
Session A1:
OPPORTUNITIES & TRENDS IN THE CALGARY INDUSTRIAL MARKET: AND THE BEAT GOES ON

Calgary’s industrial market appears to have withstood the economic downturn of recent years rather well. This property class experienced one of its strongest volumes in investment activity last year and appears to be sustaining strong interest. What is contributing to this trend? While Calgary is positioned to be a key industrial node in Western Canada, it also has some challenges. While the market has over 130 million sq ft. of space, as much as 50% is becoming obsolete. What will happen with the older product? What does the future hold? This panel will examine the full range of factors contributing to the strength of the market as well as some of the challenges that it faces and how they are likely going to be addressed.

Marshall Toner

Michael Hungerford

Matthew Johnson

Alistair Pickering

Chris Saunders

Moderator:
Marshall Toner, Executive Vice President, Industrial, JLL

Speakers:
Michael Hungerford, Partner, Hungerford Properties
Matthew Johnson, Executive Director, Investments, KingSett Capital
Alistair Pickering, Vice President, Industrial, Oxford Properties Group
Chris Saunders, Senior Vice President, Industrial, Cushman & Wakefield

 

Session A2:
WHAT’S OLD IS NEW AGAIN: HOW ADAPTIVE RE-USE CAN CHANGE THE FACE OF REAL ESTATE

It is no secret that there are buildings in Calgary — especially in the downtown core — that are sitting vacant with no current tenants. With vacancy rates exceeding 25%, the city may begin to see a trend towards adaptive re-use for this underutilized stock including the transitioning of former office towers into residential properties. The conversion of a building to allow for a new use is a process that can require some creative thinking. What is involved in such an adaptive re-use strategy? What are the expected and unexpected costs to consider? How much support is required from the city, and its approval process? Who would move into these converted spaces? For buildings and areas that have undergone this transition, what has been the long-term impact?

Iain McCorkindale

Rob Blackwell

Vince Dods

Laurel Edwards

Dave Passingham

Moderator:
Iain McCorkindale, Director, M3 Development Management

Speakers:
Rob Blackwell
, Senior Vice President, Investment & Asset Management, Aspen Properties
Vince Dods, Partner, Gibbs Gage Architects
Laurel Edwards, Vice President, Leasing, Strategic Group
Dave Passingham, Director, Business Development, PCL Construction Management Inc.

 

Session A3:
COURTING AND SOURCING LENDERS IN THE CALGARY MARKET IN THESE UNCERTAIN TIMES

Where is the debt coming from to renew or re-finance loans at maturity in the Calgary market? Are there any property classes that they are avoiding, reducing exposure to, or increasing pricing for? How do the strategies vary among the various types of debt lenders? How has underwriting changed and how is risk evaluated by adjudicators and credit committees? What prevents lenders from taking on more loan origination production? Is there a fear of mild to larger scale loan defaults in this market? What is the perception vs. the reality? Distress lending: is that a fact or myth? How are lenders gaining new production where others have exited? What lending successes did the panelists achieve in 2017 and how might they be a precursor to their 2018 program?

Tye Reidie

Brad Anderson

Michael Andrews

Gareth Edwards

Chris Hudson

Moderator:
Tye Reidie, Director, Mortgage Origination, Calgary, Canada ICI

Speakers:
Brad Anderson, Vice President, Real Estate Lending, Western Canada, Scotiabank
Michael Andrews, Senior Managing Director & Head of Canadian Mortgage Team, SunLife Financial

Gareth Edwards, Manager, Commercial Real Estate, First Calgary Credit Union

Chris Hudson, Vice President, Real Estate Finance, Harbour Mortgage Corp.

Session A4:
THE EVOLUTION OF THE MULTI-RESIDENTIAL MARKET: FROM THE INCREASE IN PURPOSE BUILT RENTAL TO THE IMPACT OF CONDOMINIUMS

With the unemployment rate in Alberta showing signs of stabilization and net migration trends beginning to deteriorate, how much purpose-built apartment construction can be expected? Who are the developers considering such a strategy? How much investment interest are rental properties drawing? Are there sellers for potential buyers? With new supply coming into the market, to what extent are condominiums competing with the rental stock? How stable is affordability in the Calgary ownership market? How does this affect rental demand? Will the region’s demographic predictions for the next 5 to 10 years have a positive impact on the multi-residential market?

Jon Chia

Richard Cho

Tim Logel

Todd Cook

Jaime McKenna

Moderator:
Jon Chia, President & CEO, Maclab Properties Group

Speakers:
Richard Cho, Principal, Market Analysis, Canada Mortgage & Housing Corporation
Todd Cook, President & CEO, Northview Apartment REIT
Tim Logel, President & CEO, Logel Homes
Jaime McKenna, Senior Vice President, Finance and Investments, Minto Capital


11:35 AM
CONCURRENT SESSIONS (Select B1, B2, B3 or B4)
Session B1:
THE PAYOFF FROM A $15 BILLION INVESTMENT: CALGARY’S INFRASTRUCTURE PROJECTS AND TRANSIT ORIENTED DEVELOPMENTS

Calgary has a significant amount of construction and development projects underway. Considering the 46 km Green Line, Knightsbridge Development (the first project with no parking) and the Main Streets Program, it is clear the Calgary landscape will continue to grow and change. This session will begin with an examination of the major infrastructure projects that are underway currently and potentially in the future. A discussion will then follow on a range of current and future commercial and residential developments, what are the underlying fundamentals supporting these projects, and how they will impact the city over the next decade. With the addition of the 26 station GreenLine, how much transit-oriented development and intensification are we likely to see in Calgary going forward?

Bruce Nelligan

Catherine Agar

Rizwan Hussain

Malcolm Logan

Thom Mahler

Moderator:
Bruce Nelligan, President, Watt Consulting Group

Speakers:
Catherine Agar, Manager of Planning, WestCreek Developments
Rizwan Hussain, Urban Construction Manager, Alberta Transportation

Malcolm Logan, General Manager of Transportation, The City of Calgary
Thom Mahler, Manager, Urban Strategy, The City of Calgary

Session B2:
THE OUTLOOK FOR ALBERTA FOR TOMORROW: CANADA IN THE WORLD’S ENERGY FUTURE

Canada has the opportunity to become this century’s supplier of choice for the world’s hydrocarbon energy needs: from oil and gas. But around the globe, the oil and gas industry is undergoing significant disruption. This presentation will provide valuable insights on why Canada must invest more into energy infrastructure and innovation if it is going to compete and supply the world with more reliable, responsible energy. What opportunities lie ahead for the re-growth of the energy sector in Alberta?

Jeff Gaulin

Speaker:
Jeff Gaulin, VP, Communications, Canadian Association of Petroleum Producers

Session B3:
THE SIGNIFICANTLY CHANGING RETAIL LANDSCAPE: WHAT LIES AHEAD?

While the office market in particular has been affected by depressed oil prices, Calgary’s retail sector continues to be relatively unscathed. However, change is inevitable. The retail environment is certainly no exception. Technology has had an impact on retailers and brands over few years and the pace of this change shows no sign of slowing. How can traditional retailers reinvent themselves to ensure that they sustain and possibly grow their market share? How much bifurcation is emerging in the market between major regional shopping centres, smaller malls, power centres and grocery anchored centres? Is shopping becoming more about the experience than simply the purchase of an item? With the continued increase in e-commerce activity and the introduction of omni-channel retail, and how is the Calgary market reacting and adapting to compete in this ever-changing landscape?

Rob Walker

Matthew Dunn

Clint Elenko

Stefan Savelli

Jeremy Thal

Moderator:
Rob Walker, Senior Vice President, Colliers International

Speakers:
Matthew Dunn, Senior Area Real Estate Manager, McDonald’s Restaurants of Canada Limited
Clint Elenko, Vice President, Western Canada, CT REIT
Stefan Savelli, Senior Vice President, Retail, ONE Properties
Jeremy Thal, Vice President, Development & Leasing, Royop Development

 

Session B4:
DRAGON’S DEN BROKER FACE-OFF: HOW MUCH WILL REGIONAL AND NATIONAL
INVESTORS PAY FOR OFFICE, RETAIL, OR INDUSTRIAL ASSETS IN CALGARY?

A unique interface between three leading commercial brokers and a cross-section of local and national investors. The brokers will present a range of assets including office, retail, industrial and multi-family for sale and briefly examine some of the benchmark transactions in Calgary over the past twelve months. The investors will react and comment on the properties for sale. To what extent do they have an interest to buy any of them? What cap rates and valuation will they apply to each property class? How will the cost of capital range from private equity funds to REITs to institutional investors? The last portion of the session will examine their perspective on real estate market fundamentals for 2018 and beyond for the Calgary market and Canada as a whole. They will offer their insights on what they see occurring over the next twelve months, and their strategic thinking going forward.

Fraser Dyer

Duncan MacLean

Kevin Morgans

Peter Zorbas

Nick Macrae

Hanif Sachedina

Luke Schmidt

Moderator:
Fraser Dyer, General Manager, RVA, Altus Group

Speakers:
Brokers:
Duncan MacLean, Senior Vice President, CBRE Limited

Kevin Morgans, Vice President, Avison Young

Peter Zorbas, Executive Vice President, JLL

Investors:
Nick Macrae, Senior Portfolio Manager, Real Estate, HOOPP
Hanif Sachedina, Executive Director, Investments, KingSett Capital
Luke Schmidt, Vice President, Greystone Managed Investments Inc.


12:30 PM
RECEPTION & LUNCHEON

Reception Sponsored By

Luncheon Sponsored By


1:25 PM
KEYNOTE PRESENTATION
A CONVERSATION WITH MAYOR NAHEED NENSHI

In a discussion with Randy Ferguson, Mayor Naheed Nenshi shares his thoughts on some of the game-changing opportunities and challenges ahead of Calgary – one of Canada’s fastest growing, and youngest cities. Discussion amongst other things includes Amazon HQ2, how the Green Line will transform a part of Calgary, the downtown office market, and a possible Olympic bid.

Mayor Naheed Nenshi

Speaker:
Mayor Naheed Nenshi

Randy Ferguson

In conversation with:
Randy Ferguson, Chief Operating Officer, Strategic Group


2:15 PM
CONCURRENT SESSIONS (Select C1, C2, C3 or C4)
Session C1:
RESHAPING CALGARY: SPOTLIGHT ON TWO BELLWETHER DEVELOPMENTS

Notwithstanding the economic challenges of the past few years, major developments are still proceeding in the Calgary market. This session will examine examples of two long term projects. First, a look at the partnership between Canderel and the Tsuut’ina First Nation to build three major commercial developments that will bring social and economic prosperity to the SW area of the city. This 1240-acre project will be one of the largest and most dynamic mixed-use First Nations developments in Canada. The second will take a closer look at the East Village, providing an update on the development project and its anticipated benefits for Calgary. With over $350 million in infrastructure spending already accounted for and spanning 49 acres between Fort Calgary and the downtown business core, East Village’s central location along the banks of the Bow River makes it a highly desirable piece of real estate.

Dallas Wingerak

William Briscoe

Michael Brown

Moderator:
Dallas Wingerak, Vice President, Real Estate & Operations, Western Canada, Choice Properties REIT

Speakers:
William Briscoe, CEO, Canderel MDC Development Management
Michael Brown, President & CEO, Calgary Municipal Land Corporation

Session C2:
WHERE IS THE CALGARY OFFICE MARKET ULTIMATELY HEADING? DIVERSIFY OR DOUBLE-DOWN?

It comes as no surprise that Calgary’s downtown office market is closely correlated to the conditions of the energy sector. History shows that it took six months for Calgary’s office market vacancies to skyrocket after prices fell below $100 US per barrel in mid-2014. The impact is quite evident, with nearly one third of downtown office space sitting vacant. As tenants have more options and leverage, what can landlords do to reposition their properties to remain competitive? What alternative uses of vacant buildings are practical options within the downtown core? Is diversifying the downtown office market to cater to tech and financial institutions the best bet to resurrect tenant growth? Is the answer to repurpose the B&C class assets? Is there now a true migration to quality or are tenants still looking at cost conservation? How can expectations be managed both for the ownership and client base? Is new business being attracted to Calgary as a result of the steep vacancy rate?

Greg Kwong

Geoff Christie

Dwight Jack

Michael Molyneux

Holly Shearer

Moderator:
Greg Kwong, Executive Vice President & Managing Director, CBRE Limited

Speakers:
Geoff Christie
, Senior Director, Office Leasing, CREIT

Dwight Jack, Senior Vice President, Office Leasing, Brookfield Property Partners
Michael Molyneux, Vice President, Asset Management, Slate Asset Management
Holly Shearer, Principal, Shearer Design

Session C3:
A HOP, SKIP AND A JUMP AWAY: WHAT IS ON THE HORIZON FOR NEIGHBOURING MUNICIPALITIES?

With over 1.8 million in population growth over the next 60 years expected for the city, the question is where will people live, work and play? Notwithstanding the economic issues, Calgary was still Canada’s fastest growing metropolitan area based on the 2016 census and is now the 4th largest CMA in the country. Analyzing Calgary together with the surrounding municipalities is vital to understand the pulse of the region. What developments are on the horizon for adjacent communities such as Balzac, Airdrie, Okotoks, Cochrane, Strathmore and Rocky View County? How are regional municipalities weathering the economic storm? How much growth is likely in the retail, office, industrial, and residential markets in the neighbouring communities within the Greater Calgary region?

Jarett Thompson

Ron Renaud

Trevor Dickie

David Kalinchuk

Moderator:
Jarett Thompson, Vice President, New Leasing, Melcor Developments Ltd.

Speakers:
Guy Buchanan, President, Co-Start Consulting Ltd.
Trevor Dickie
, Vice President, Calgary Land, Dream Development
David Kalinchuk, Economic Development Manager, Rocky View County

Session C4:
IS TECHNOLOGY DISRUPTIVE OR TRANSFORMATIONAL FOR THE COMMERCIAL REAL ESTATE MARKET?

Whether it be renting an office space for a day, or staying overnight in an alternative to a conventional hotel, there’s no denying that the tech world has an impact on the way we work and play. Change is coming to the real estate market in the form of a vast array of communication, construction, energy, security, process and operational technologies that will affect virtually every aspect of the industry. This panel will examine examples of technologies and services that could transform or disrupt commercial real estate and its owners. Are buildings being designed and built with the consideration of this evolution in mind? Which companies are leading the way when it comes to how technologies are being implemented in retail, office, industrial, hospitality and multi-unit residential markets?

Jyoti Gondek

James Cuff

Shawn Kanungo

Hugh Kolias

Moderator:
Jyoti Gondek
, Director of the Westman Centre for Real Estate Studies, Haskayne School of Business

Speakers:
James Cuff, CTO, Cube Cities
Shawn Kanungo, Innovation, Deloitte Digital
Hugh Kolias, Founder, yuhu


3:15 PM
AFTERNOON REFRESHMENTS

3:25 PM
CLOSING ROUNDTABLE DISCUSSION
WHAT IS THE CURRENT VIEW OF THE CALGARY MARKET? IS IT TIME TO REMAIN CAUTIOUS OR ARE THERE SURPRISING OPPORTUNITIES?

Drawing on their wide range of experience and the different points on the compass that they represent, a panel of senior executives will offer their insightful assessment of the Calgary market and share their predictions. What do they see occurring over the next twelve months? What is their strategic thinking going forward? What are the most significant challenges and opportunities for investors and owners in the Calgary market? What property classes offer the best possible returns in 2018? How much, if any, growth do they anticipate in the Calgary market? What needs to happen in order for Calgary to be back on top?

Darryl Schmidt

Eric Carlson

Roman Drohomirecki

Scott Hutcheson

John Love

Moderator:
Darryl Schmidt, Vice President, National Leasing, The Cadillac Fairview Corporation Limited

Panel:
Eric Carlson, CEO, Anthem Properties
Roman Drohomirecki
, Executive Vice President, Chief Operating Officer, Retail, Ivanhoe Cambridge
Scott Hutcheson
, Executive Chairman, Aspen Properties
Jon Love, CEO, KingSett Capital


4:20 PM
CLOSING REMARKS

4:25 PM
NETWORKING RECEPTION