2017 Program

8:00 AM
GLOBAL PROPERTY MARKET

Trends, strategies, opportunities, and risks for international real estate investment and development

International speakers will join Canadian executives to discuss investment, development, and joint venture trends, risks and opportunities in the United States, Western and Eastern Europe, Asia Pacific, Mexico, Latin America and other growing and emerging markets. Global investor interest in Canada will also be examined.


Please note that a separate registration fee is required to attend Global Property Market. Select Global Property Market when registering to ensure fees are applied.


1:30 PM
NEW APARTMENT CONSTRUCTION DEVELOPMENT WORKSHOP

Tuesday, November 28, 2017
1:30 – 4:30 pm

Metro Toronto Convention Centre, South Building
222 Bremner Boulevard
Room 714

Attend an informative development workshop to learn more about Canada’s most significant real estate opportunity: new apartment development. The workshop will answer questions related to:
  • Opportunity analysis – Which areas of Canada are ripe for apartment development? Considerations for product and site selection?
  • Market study – Who are the key rental market competitors? What’s the gap in the market?
  • 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, and financing or partnership agreements.
  • Sensitivity Analysis by manipulating variables such as rent level, unit mix and size, project timing and lease-up schedule.

Tickets must be purchased for this event. Please click here to register for this session


6:00 PM
CHAIRS’ RECEPTION

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

Canadian Room, Fairmont Royal York

Please note that the Chairs’ Reception is included in your conference registration (excluding purchase of Real Estate Forum – Day 2 only ticket and of the New Apartment Workshop)

7:00 AM
REGISTRATION & CONTINENTAL BREAKFAST

8:00 AM
INTRODUCTION OF FORUM CHAIRS

Moray Tawse

Gary Whitelaw

Moray Tawse, Co-Founder and Executive Vice President, Mortgage Investments, First National Financial LP
Gary Whitelaw, Chief Executive Officer, Bentall Kennedy Group

OPENING REMARKS

Daniel Fournier

Toni Rossi

Daniel Fournier, Chairman & CEO, Ivanhoé Cambridge
Toni Rossi, President, Real Estate Division Infrastructure Ontario


8:10 AM
A VIDEO PRESENTATION & INITIAL ATTENDEE SURVEY

8:25 AM
WHAT IS THE OUTLOOK FOR CANADA, THE U.S. AND GLOBAL ECONOMIES FOR 2018?
OUTLOOK FOR THE U.S AND GLOBAL MARKETS AND WHAT IT MEANS FOR CANADA

Another year has passed and there is still no clear consensus on where geo-economic trends are heading. The environment continues to be rather complicated and somewhat unclear. While the United States economic recovery is still progressing, some clouds remain across the EuroZone, and many emerging and growing markets. All of this has implications for the Canada as well. With a national unemployment rate at 6.5% and GDP forecasts that are well over 2%, what does all of this mean for the strength and direction of our domestic economy? Can anyone clarify what the future holds for the demand and pricing of oil and commodities? This session will feature two leading economists who will offer their insights and perspectives on all of these trends and where they believe we are heading in 2018. They will examine the major fundamentals in Canada and the United States in particular. What are the Fed and the Bank of Canada likely to do over the next 12 months? Where is the Canadian housing market heading?

Moderator:
Frank Magliocco
, Partner & National Real Estate Practice Leader, PwC

David Rosenberg, Chief Economist & Strategist, Gluskin Sheff + Associates Inc.

 
THE KEY FUNDAMENTALS OF THE CANADIAN ECOMOMY: ARE WE TURNING THE CORNER?

Benjamin Tal, Deputy Chief Economist, CIBC World Markets Inc.


9:35 AM
UNDERSTANDING SIGNIFICANT POLITICAL, ECONOMIC AND SOCIAL TRENDS IN KEY GLOBAL MARKETS: WHAT YOU NEED TO KNOW

Dr. Fareed Zakaria, host of CNN’s flagship international affairs program, a Washington Post columnist, a contributing editor at The Atlantic and a New York Times bestselling author. He was described by Esquire Magazine as “the most influential foreign policy adviser of his generation.” Foreign Policy named him one of the top 100 global thinkers.

Fareed Zakaria

Dr. Fareed Zakaria, Host, CNN, Fareed Zakaria GPS


10:20 AM
MORNING REFRESHMENTS

10:50 AM
INSIGHTS FROM THE HEAD OF THE WORLD’S LARGEST REAL ESTATE PORTFOLIO

What are the trends, issues, challenges and opportunities that he sees looking ahead? How is his organization responding to them? What advice would he share with other real estate professionals?

Daniel Fournier interviews:

Jonathan Gray, Global Head of Real Estate, Blackstone, the world’s largest real estate investment manager with a portfolio valued at over $216B.

Daniel Fournier

Jonathan Gray


11:40 AM
CITY BUILDING & DEVELOPMENT AS GROWTH STRATEGIES: HOW FAR ARE CANADIAN REAL ESTATE EXECUTIVES PUSHING THE ENVELOPE?

“The most efficient and productive cities and regions are ones in which people are thinking and working – not sitting in traffic. The revitalization of older downtown cores combined with transit oriented development in midtown and suburban areas have been underway for a number of years now. The trend is evident in all major urban communities as well as some secondary markets. The history of economic development and of capitalism revolves around the more intensive use of urban space. The coming decades will see greater concentrations of people, increasing densities, and further clustering of industry, work and innovation in cities.”

This panel discussion will provide insights on the underlying factors supporting the growth of development activity. What type of innovative projects are emerging? What role is city building playing in the growth strategies of your portfolios? Three different perspectives will be examined from Canada’s largest REIT, largest pension fund, and largest private developer.

Michael Emory

Peter Ballon

Ian Gillespie

Ed Sonshine

Moderator:
Michael Emory, President & CEO, Allied Properties REIT

Panel:
Peter Ballon, Managing Director, Head of Real Estate Investments, CPPIB
Ian Gillespie, Founder & CEO, Westbank Projects Corp.
Ed Sonshine, Chief Executive Officer, RioCan REIT


12:30 PM
LUNCHEON
LUNCHEON REFRESHMENTS
1:25 PM
AFTER LUNCH REFRESHMENTS

1:30 PM
CONCURRENT SESSIONS (Select A1 or A2)
SESSION A1:
ASSESSING THE RISKS, CHALLENGES AND THE BEST POTENTIAL GLOBAL OPPORTUNITIES FOR CANADIAN AND INTERNATIONAL INVESTORS

Real estate investment activity is wide ranging across tier one countries, growing markets and many emerging markets. In some cases, it is more buoyant than in others. This session will try to offer some clarity on strategic thinking, investment opportunities and key trends in this global environment. How are institutional investors and securitized real estate entities evaluating their allocation to real estate assets? Is a key factor safety vs. growth? In assessing risk/return, what markets do they favor and which ones are they avoiding? What is the prevailing view of the major global markets? Is Canada considered overpriced? Which market is safer and positioned to provide better returns? Investors are now more focused on major cities around the world rather than prioritizing countries. What are some of the ones on their list? Looking ahead, what risks and opportunities do they see increasing in 2018? Where is the greatest potential growth likely to come from? Is benchmarking your real estate performance a key priority? What have been some of their successes and failures over the past year?

Peter Senst

Neil Cunningham

Matt Khourie

Dennis Lopez

Eugene Reilly

Moderator:
Peter Senst, President, Canadian Capital Markets, CBRE Limited

Panel:
Neil Cunningham, Senior Vice President, Global Head of Real Estate and Natural Resources, PSP Investments
Matt Khourie, Chief Executive Officer, Trammel Crow Company
Dennis Lopez, Chief Executive Officer, QuadReal Property Group
Eugene Reilly, Chief Executive Officer, Americas, Prologis


SESSION A2:
REF “TALKS”
EIGHT TECHNOLOGICAL DISRUPTERS: WHAT REAL ESTATE EXECUTIVES NEED TO KNOW AND UNDERSTAND

Technological innovation is changing the world at an unprecedented speed. It can sometimes be a disruptive force to everything around us. Like it or not, you need to understand it and embrace it. While technology enables us to do so more today, fast forward five years and the transformation will be even more significantly accelerated.

The unique format of this session will offer you a series of 10 minute long executive briefings that will provide strategic insights on eight examples of technological innovation. What will be the implications of each for your firm, your clients, the real estate market and, in some instances, our society going forward? How can you adapt your investment strategy as a result of these emerging technologies? How can you prosper in an age of constant and impactful innovation? What is the most important takeaway in each instance?
Learn the very latest about the following:

  • What is Artificial Intelligence? How Far Has It Evolved Over the Past Seventy Years
  • Now Highly Sophisticated, AI is Creating Major Breakthroughs, Disruption and Transformation on Many Levels
  • Autonomous Automobiles: When Will They Become Mainstream? What Impacts Will They Have on People’s Vehicular Needs and on the Parking Lots and Garages of Tomorrow?
  • Cybersecurity Vulnerabilities of Today’s Buildings and Organizations: What You Need to Understand and Do to Deal With Such a Malicious Threat?
  • How Much Strength is E-commerce Gaining in the Canadian Market? What Product Categories Are Likely More Vulnerable Now and in the Future?
  • Transformative Technologies, Products and Services That Make Real Estate More Productive, Efficient and Sustainable
  • Smarter Buildings and Cities: How Far Has Building Automation Advanced Over the Past Fifteen Years? You Will Be Amazed to Know What a Building Can Do Today
  • How You Can Embrace Innovation to Propel Your Real Estate Business Forward? What Most Significant Opportunities Do You Need to be Aware of?
  • Understanding Virtual and Augmented Reality: How Are They a New Dimension of Interaction Between Digital Devices and the Real World? Alone or Blended Together, They are Opening Up Worlds – Both Real And Virtual Alike.

Amy Erixon

Maureen Atkinson

Joseph Coltson

Rick Huijbregts

Susan McArthur

Terry Stuart

Kristina Verner

John Williams

Speakers:
Amy Erixon, Principal, Managing Director, Investments, Avison Young (Moderator)
Maureen Atkinson, Senior Partner, Research Insights, J.C. Williams Group
Joseph Coltson, Partner, National Leader, Clients & Markets, Forensic Technology & Cyber Response, KPMG LLP
Rick Huijbregts, Thought Leader, Advisor, Strategist, and Innovator
Susan McArthur, Managing Partner, Greensoil Investments
Terry Stuart, Chief Innovation Officer, Deloitte Canada
Kristina Verner, Vice President, Innovation, Sustainability & Prosperity, Waterfront Toronto
John Williams, Senior Partner, Strategy & New Concepts, J.C. Williams Group


3:00 PM
NETWORKING RECEPTION

7:30 AM
REGISTRATION & LIGHT BREAKFAST

8:00 AM
SUMMARY OF DAY ONE AND THE FOCUS OF DAY TWO

Daniel Fournier

Toni Rossi

Daniel Fournier, Chairman & CEO, Ivanhoé Cambridge
Toni Rossi, President, Real Estate Division Infrastructure Ontario


8:10 AM
KEYNOTE REMARKS: A FORMER PRIME MINISTER’S VIEW OF THE EMERGING GLOBAL ECONOMIC AND POLITICAL ENVIRONMENT

Jay Hennick

The Right Honourable Stephen Harper

Interviewer:
Jay Hennick, Chairman & CEO, Colliers International

Keynote Guest:
The Right Honourable Stephen Harper, PC, CC, 22nd Prime Minister of Canada


8:50 AM
WHAT MAJOR TRENDS AND CHALLENGES IS THE CEO OF CANADA’S LARGEST BANK FOCUSING ON AS 2018 APPROACHES?

Introduction:
John Stackhouse
, Senior Vice President, Office of the CEO, RBC (Royal Bank of Canada)

Interview with:
David McKay
, President & CEO, RBC (Royal Bank of Canada)


9:50 AM
CONCURRENT SESSIONS (Select B1, B2, B3, B4 or B5)
SESSION B1:
THE OFFICE MARKET ACROSS CANADA: WHAT KEY FACTORS ARE AFFECTING GROWTH IN DEMAND? HOW ARE THE NEEDS OF OCCUPIERS CHANGING AND AFFECTING THIS PROPERTY CLASS?

Canada’s office market of more than 500 million sq.ft. was somewhat erratic this past year. While vacancy rates rose in most markets, they also reached reversed course in some other cities. What were the reasons for this trend when you consider that our major cities are witnessing the largest surge in new development in some 25 years? How much absorption has there been? How have Toronto, Vancouver and Montreal performed compared with other markets? How have the suburbs fared relative to the downtown cores? What are the major drivers of demand? Is high tech the principal engine of growth while other sectors are flat or receding? What is the impact of tenants rethinking their workplaces and space requirements? What are the key priorities of occupiers?

Moderator:
Sheila Botting
, Partner & Canadian Real Estate Leader, Deloitte

Panel:
Tom Burns
, Executive Vice President & COO, Allied Properties REIT
Tera Oswald, Senior Vice President, Office Real Estate Portfolio, Infrastructure Ontario
Jonathan Pearce, Senior Vice President, Office Leasing, Office North America, Ivanhoé Cambridge
Chuck Scott, Chief Executive Officer, Canada, Cushman & Wakefield
Stephen Taylor, Vice President, Real Estate, HOOPP


SESSION B2:
THE APARTMENT MARKET CONTINUES TO BE BUOYANT: SOLID RETURNS, SUSTAINABLE DEMAND, AND PURPOSE BUILT RENTAL

For many investors, the staple of any well-diversified real estate portfolio today is still the multi-family market. Predictable yields and strong cash flows make apartments one of the most reliable property classes. Investor demand far outweighs supply resulting in continued cap rate compression. What direction are they likely to take in 2018?

How can investors make low cap rates work? How are occupancy rates in major markets across the country? How much new apartment construction is expected to continue in 2018? In which cities? Do niche markets still fuel some of this demand or are they maxed out, e.g. student housing, seniors housing? What challenges does the apartment market face over the next few years?

Moderator:
David Bloomstone
, Director, Investment Banking, TD Securities Inc.

Panel:
Ugo Bizzarri
, Founding Managing Director, Portfolio Management & Investments, Timbercreek Asset Management
Daniel Drimmer, Founder & CEO, Starlight Investments Ltd.
Philip Fraser, President & CEO, Killam Apartment REIT
Tyler Seaman, Head of Hotels & Multi-Residential, Oxford Properties Group Inc.
Wendy Waters, Senior Director, Research Services & Strategy, GWL Realty Advisors Inc.


SESSION B3:
INVESTMENT OVERVIEW OF GATEWAY CITIES AND MID-MARKETS ACROSS CANADA

A panel of investors will provide an extensive discussion on prospective buying and selling trends for 2018. The story for the past year has been a familiar one: a market imbalance where the amount of capital trying to buy assets continues to exceed quality investment opportunities. What are the major reasons for this continued investor interest in Canada? What will be required in order create greater liquidity in the market? Who are likely to be buyers in 2018? Will value added and opportunistic buyers be active? Who will be the sellers? Which asset classes will likely be most favoured by investors? Which cities will be “top of mind”? How do investor attitudes vary from institutional vs. private and domestic vs. offshore? Where will cap rates be trending for core assets? How are mid-markets likely to fair vs. major cities? What is the public sector likely to be doing with its real estate assets?

Moderator:
Mark Rose
, Chairman & CEO, Avison Young

Panel:
Mark Hannah
, Director, Nicola Crosby Real Estate
Christina Iacoucci, Senior Vice President & Portfolio Manager, Bentall Kennedy
Rob Kumer, Executive Managing Director, KingSett Capital
Brady Welch, Partner, Slate Asset Management LP
Ted Welter, Managing Director & Chief Investment Officer, Alternative Investments, Greystone Managed Investments Inc.


SESSION B4:
CITY BUILDING AND NEW DEVELOPMENT: INSIGHTS INTO SOME OF THE MOST INNOVATIVE PROJECTS ACROSS CANADA

In cities around the world, there is an unprecedented amount of intensification activity and urban revitalization on a scale that has not been seen for decades. This session will several major innovative and unique projects that are emerging to create new forms of mixed-use that include residential, office, retail, and/or hotel uses. Case studies will examine large scale developments that are putting people and sustainability at the forefront of urban planning as both older cities and suburban communities undergo a major transformation. What opportunities do these types of projects provide to investors? What valuable insights can you learn from these presentations?

Moderator:
Brett Miller
, Chief Executive Officer, Canada, JLL

Panel:
Meg Davis
, Chief Development Officer, Waterfront Toronto
Brian McCauley, President & CEO, Concert Properties Ltd.
Brian Salpeter, Senior Vice President, Development, The Cadillac Fairview Corporation Limited
Jodi Shpigel, Senior Vice President, Development, First Capital Realty
Jamie Wright, Director, Architectural Practice, Young+Wright/IBI Group Inc.


SESSION B5:
WINNING THE WAR FOR YOUNG TALENT AND THE NEW WORKFORCE: ATTRACTING, RETAINING, DEVELOPING & ENGAGING FUTURE LEADERS FOR YOUR ORGANIZATION

Talented professionals are the cornerstone of any successful business. With baby boomers increasingly retiring and a smaller (and often much more demanding) pool of talent in Gen Y and Gen X, organizations are trying to plan for succession, develop younger talent, and create a work environment that can win the next generation. How do you attract “best in class” employees who have appropriate skills to eventually fill mid and senior level jobs? In this session, four young generational leaders will offer their views of what attracted them to a career in real estate vs. opportunities in other sectors. What would make a millennial want to join and subsequently invest back into your company? How can you attract future leaders and maintain a talent pipeline for your company? How do you keep them engaged to ensure that they do not exit too soon? What values and new sets of skills will they bring into your organization? Why are diversity, inclusion, sustainability and other values key to attracting and keeping this generation of talent?

Moderator:
Stefan Teague
, Executive Managing Director and Greater Toronto Area Market Leader, Cushman & Wakefield

Panel:
Delofante Atkins
, Manager, Talent & Inclusion, Matrix Search Group
Jacob Cohen, Vice President, Project Implementation, The Daniels Corporation
Farrah Khimji, Vice President, Finance, Forgestone Capital
Lynton Lewis, Senior Associate, Real Estate, HOOPP
Fabienne Nelson, Vice President, LaSalle Investment Management


10:50 AM
MORNING REFRESHMENTS

11:20 AM
CONCURRENT SESSIONS (Select C1, C2, C3, C4 or C5)
SESSION C1:
NAVIGATING CANADIAN RETAIL IN THE WAKE OF U.S. AND GLOBAL CHANGES: INEVITABLY WILL THERE BE STRONG WINNERS AND WEAK LOSERS?

“When the United States sneezes, Canada catches a cold”. We have heard this cliché numerous times. But is this true for retail real estate market? The U.S. and the global retail markets have been undergoing very rapid changes in 2017 with the expectation that this trend will continue in 2018. A greater than predicted record number of store closures have combined with continuing growth in e-commerce that is having a very strong impact on bricks and mortar retailing. How are and will these trends impact the Canadian market? This session will provide insights on what Canadian retailers and landlords need to do in order to anticipate what lies ahead and minimize the ripple effect from these transformational industry changes. How are regional malls performing vs. power centres vs. smaller centres vs. grocery anchored centres vs. urban retail? What are national retailers doing in this highly competitive market to try to retain vitality?

Moderator:
John Crombie
, Senior Vice President, Retail Leasing Canada, Triovest 

Panel:
Bradley Jones
, Head of Retail, Oxford Properties Group
Willy Kruh, PGlobal Chair, Consumer & Retail, Partner-in-Charge, High Growth Markets, Canada, KPMG LLP
Jordan Robins, Executive Vice President & COO, First Capital Realty Inc.
Ian Thomas, Chairman, Thomas Consultants Inc.
Inge van den Berg, Vice President, Strategic Insights, The Cadillac Fairview Corporation Limited


SESSION C2:
INDUSTRIAL REAL ESTATE MARKETS ACROSS CANADA: HOW ARE THEY REALLY PERFORMING? WHAT LIES AHEAD?

Can a case be made that industrial real estate has been on a strong comeback trail for the past three years? This session will examine major investment, leasing and development trends in this property class across Canada today. To what extent can it still be categorized as a tale of two sub-markets comprised of new modern warehousing buildings vs. older vintage properties with marginal applications for many users? What does the future hold for B and C class aging and out-dated buildings? What are the greatest sources of demand for space and in which markets? How are industrial tenant requirements changing? How are landlords responding? Do rent levels now support new development in most markets? What is needed in order to move NERs higher in Toronto and Montreal? How are markets in the West performing (Vancouver, Calgary and Edmonton)? How strong is investor interest overall in industrial properties?

Moderator:
Gord Cook
, Executive Vice President, Colliers International

Panel:
Charlie Deeks
, Vice President, Investments, Pure Industrial Real Estate Trust
John Hayes, Managing Partner, Blackwood Partners
Simon Holmes, Senior Vice President, Investments, Bentall Kennedy (Canada) LP
Allan Perez, Managing Director, CanFirst Capital Management
Glenn Way, Senior Vice President, Asset Management, Eastern Canada, GWL Realty Advisors Inc.


SESSION C3:
HOW MUCH RISK IS FACING CAPITAL AND DEBT MARKETS IN 2018: WHERE ARE SPREADS, COST, AVAILABILITY AND SOURCES HEADING?

A wide ranging discussion will examine the availability of public and private debt and equity for Canadian real estate from the perspective of the capital markets, borrowers, banks and mortgage originators. The participants will offer their views from different points on the compass as they comment on today’s capital and credit market environment; what they foresee in 2018 and beyond; what risks are emerging at this time; and how they would favour deploying their capital. What can you expect next year with respect to the cost, availability and most accessible sources of capital? Will lenders be more or less aggressive next year? What impact are government policies having on capital and the real estate market generally? How challenging is asset valuation today? Where is BOC’s policy on interest rates heading in 2018? What is the view of this panel as to when this may likely happen next year?

Moderator:
Lorne Burns
, Partner, Audit, National Industry Leader, Real Estate, KPMG LLP

Panel:
David Grieve
, Senior Vice President, Mortgage Investments, The Great-West Life Assurance Company
Mark Johnson, Managing Director & Co-Head, Real Estate, Global Investment Banking, CIBC Capital Markets
Colin Johnston, President, Research Advisory & Valuation, Altus Group
Tamara Lawson, Chief Financial Officer, Dream Global REIT
Moray Tawse, Co-Founder and Executive Vice President, Mortgage Investments, First National Financial LP


SESSION C4:
SECONDARY AND MID-MARKETS THAT ARE INCREASING IN POPULARITY AND ARE OUTPERFORMING SOME GATEWAY CITIES

 

It may come as no surprise to many that some of the lowest commercial vacancy and unemployment rates coupled with highest GDP growth can be found in a number of Canadian mid-market cities. The six largest urban centres in Canada generally attract the strongest attention because of their higher levels of liquidity among other reasons. Why have mid-markets increased in popularity, especially during the past five years? A growing number of investors and developers are now attracted to the mid-sized communities in their search for value and growth. They have quietly and patiently found many successful opportunities. This session will examine some of their experiences from British Columbia to Atlantic Canada.

 

Moderator:
Nurit Altman
, Partner, Brookfield Financial

Panel:
Jason Castellan
, CEO & Co-Founder, Skyline Group of Companies
Donald Clow, President & CEO, Crombie REIT
Jane Domenico, President & CEO, Partners REIT
Blair Forster, President, Forster Projects
Armin Martens, President & CEO, Artis REIT


SESSION C5:
WHAT ARE ENTREPRENEURS DOING IN TODAY’S MARKET TO SUCCEED?

It may come as no surprise to many that some of the lowest commercial vacancy and unemployment rates coupled with highest GDP growth can be found in a number of Canadian mid-market cities. The six largest urban centres in Canada generally attract the strongest attention because of their higher levels of liquidity among other reasons. Why have mid-markets increased in popularity, especially during the past five years? A growing number of investors and developers are now attracted to the mid-sized communities in their search for value and growth. They have quietly and patiently found many successful opportunities. This session will examine some of their experiences from British Columbia to Atlantic Canada.

 

Moderator:
Mark Renzoni
, President & CEO, CBRE Limited

Panel:
Greg Guatto
, President & CEO, Aspen Properties
Emily Hanna, Partner, Investments, Crown Realty Partners
Michael Hungerford, Partner, Hungerford Properties
Rob Pike, President, Minto Capital
Ian Quint, President, Groupe Quint


12:30 PM
LUNCHEON
LUNCHEON REFRESHMENTS
1:25 PM
AFTERNOON REFRESHMENTS

1:30 PM
CLOSING ROUNDTABLE DISCUSSION: HOW DO YOU EXPECT TO GROW IN 2018? A TIME TO STILL BE CAUTIOUS OR TO FIND OPPORTUNITIES?

Given the broad range of issues that were raised during the Real Estate Forum over the previous two days, a group of senior real estate and investment banking executives will offer the last word. Representing a divergence of interests and viewpoints, the panel will offer their insights on what risks and opportunities lie ahead, and what courses of action would they suggest accordingly. Are they chasing yield or momentum? Will real estate continue to benefit from a flight to yield? How high will interest rates likely rise in 2017 in the U.S. and what impact will they have on the market? Will higher rates in Canada follow? Will REITs be able to sustain their strong performance? What will cause investors to head for the sidelines? Where is the smart money going? Of all the opportunities in today’s market, what is the most significant one? Are Canadian investors going to continue to increase their global presence? Is 2017 a year to be bold or conservative? Are there still solid development opportunities? In which property classes and markets?

Daniel Fournier

Toni Rossi

Michael Cooper

Blake Hutcheson

Jon Love

John Sullivan

Moderators:
Daniel Fournier,
 Chairman & CEO, Ivanhoé Cambridge
Toni Rossi, President, Real Estate Division Infrastructure Ontario

Panel:
Michael Cooper, President & Chief Responsible Officer, Dream Unlimited Corp.
Blake Hutcheson, President & CEO, Oxford Properties Group Inc.
Jon Love, Chief Executive Officer, KingSett Capital
John Sullivan, President & CEO, The Cadillac Fairview Corporation Limited


2:40 PM
ADJOURNMENT