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Registration Sponsored By
Continental Breakfast Sponsored By
Introduction of the Forum Chair:
Patti Walsh, 2017 Edmonton CREW President
Tom Redl, President & CEO, CHANDOS Construction Ltd.
It was no secret that 2016 was a challenging year with oil falling as low as $30 a barrel and a declining dollar. Alberta is underperforming the rest of the country with a national unemployment rate that is slowly declining from 7% and a GDP forecast well below 2%. Where is Alberta trending and have we reached rock bottom? Is this likely to continue? What is the latest outlook for this part of the country going forward?
Todd Hirsch, Chief Economist, ATB Financial
How does Edmonton stack up against the rest of Canada when it comes to the economic forecast of the region? How does Edmonton stack up against Calgary? What are emerging trends for the capital region, and what aspects of the economy are producing strong results? Where do they stand at this time, and do certain economic engines have greater growth than others?
John Rose, Chief Economist, City of Edmonton
Alberta used to be the fastest growing economy in the country, but with the decline in the price of oil and the cheaper dollar means it’s steadily slipped from #1. What’s driving the Edmonton region economy? What is fueling the development in the city? Is there low hanging fruit ripe for the picking? Where are the opportunities and the risks? What unique challenges do communities outside the capital region face? Is now the time to invest in Northern Alberta? Are outside investors taking advantage? Who are the major players? Will the activity continue over the next 2 years?
Micheal Dal Bello
David Dale-Johnson, Stan Melton Executive Professor, Real Estate, Alberta School of Business
Micheal Dal Bello, Senior Vice President, Real Estate, AIMco
Blair Welch, Partner & Co-Founder, Slate Asset Management
Dave Young, Executive Vice President, Managing Director, CBRE Limited
It’s no secret that the uncertainty of the economic climate has been felt across all segments of the real estate market, however one could argue that the industrial market has been hit the hardest due to its close ties with oil sector. There has been a mix of up and down movements in certain submarkets as areas such as the Nisku/Leduc have seen a dramatic jump in vacancy rates, and others such as the Northeast sector have shown positive momentum quarter-over-quarter. This panel will look at the challenges and opportunities that exist within this market. Is this the “new norm”? What effects do construction costs, and the devastating fire in Fort McMurray have on the industrial market? In terms of transportation, how has the recently completed ring road impacted the industrial sector for access to distribution, warehousing and logistics?
Grant Ranslam, Principal, Avison Young
Brad Hoffman, Vice President, Panattoni Development Company
Andy Horvath, Partner, Cushman & Wakefield Edmonton
David Kent, President & CEO, Nearctic Property Group
Alistair Pickering, Vice President, Industrial, Oxford Properties Group
Melanie Ducholke, CFO, Camgill Development Corporation
Geoff Coombe, Assistant Vice President, Commercial Mortgages, Prairies, Manulife Financial
Michael Hoffman, Managing Director, ATB Financial Services
Jeevan Khunkhun, President, CareVest Capital Inc.
Alex Rukin, Vice President, TD Bank
Brandon Kot, Managing Partner, Canada ICI
Raj Dhunna, Chief Operating Officer, Regency Developments
Alim Kassam, Vice President, Finance Real Estate, Katz Group Real Estate
Kevin McKee, President, Pangman Development Corporation
Robert Walker, CEO, Tangent Project Management Ltd.
Nicole Osolinsky, Tax Partner, KPMG
Ivan Beljan, Visioneer, Beljan Developments
John Day, President, John Day Developments
Chris Lumb, CEO, TEC Edmonton
Ron Mosher, President, Greystone Property Management Corp.
How is the office market in Edmonton doing? Depending on who you ask, you may get opposing views. With the addition of the Enbridge Centre (formerly Kelly Ramsey Tower), Edmonton and Stantec Towers coming into the market fully leased, it can be said that the downtown office market in Edmonton is thriving. However, with tenant migration coming into play, older B and C class buildings are seeing higher vacancy rates, as tenants jump ship to these new office buildings. Are B and C class building owners upping their game? Are tenants demanding more from landlords? Is there a flight to quality taking place, or are people staying put as they ride out the recession? How is tenant migration impacting vacancy rates? How is shadow vacancy effecting the market? What does the panel predict will happen to Edmonton’s office market in the coming 12-20 months? Where are they placing their bets?
Karnie Vertz, Principal, Office Leasing, Avison Young
Rob Blackwell, Senior Vice President, Investments & Asset Management, Aspen Properties
Phil Goh, Senior Vice President, Office, Colliers International
Jonas Locke, Vice President, Western Canada, Altus Group
Phil Milroy, President & CEO, Westcorp
Chris Nasim, Vice President, Asset Management, GWL Realty Advisors
Daniel Eggert, Division Manager, Melcor Developments Ltd.
Jason Fjeldheim, President, TAG Develoments
Kendal Harazny, Principal, Wexford Developments
Mike Saunders, Vice President, Development, Qualico Commercial
Pre-Luncheon Reception Sponsored By
Luncheon Sponsored By
Don Iveson, Mayor, City of Edmonton
In Conversation with:
Cory Wosnack, Principal & Managing Director, Avison Young
Cheryll Watson, Vice President, Urban Economy, Edmonton Economic Development Corporation
Chris Dulaba, Placemaker, Beljan Development Corporation
Lee Kiziak, Corporate Real Estate Manager, Stantec Consulting Services Inc.
Ian O’Donnell, Executive Director, Downtown Business Association of Edmonton
Paul Chaput, Senior Vice President, CBRE Limited
Jonathan Chia, President & CEO, Maclab Properties Group
Rohit Gupta, President, Rohit Group of Companies
Jaime McKenna, Senior Vice President, Finance and Investments, Minto Properties
Brent Weimer, Principal, Market Analysis, Canada Mortgage and Housing Corporation
Eric Slatter, Partner, Omada Commercial
Taylor Inglis, Director, Commercial Real Estate, Edmonton International Airport
Robert Mulvale, Vice President, Retail Leasing, ONE Properties
Darren Quayle, Vice President, Retail Services, Oberfeld Snowcap
Angela Stinson, Director of Store Development, La Maison Simons
Tom Redl, President & CEO, CHANDOS Construction Ltd.
Bill Blais, President & CEO, Maclab Development Group
Michael Hungerford, Partner, Hungerford Properties
Darin Rayburn, President & CEO, Melcor Developments, Trustee, Melcor REIT
George Schluessel, President & CEO, ProCura