CONCURRENT SESSIONS (SELECT C1, C2, C3, C4 or C5)
RETAIL HAS BEEN BATTERED AND BRUISED DURING COVID-19: HOW ARE LANDLORDS & RETAILERS SURVIVING THE IMPACTS?
Under normal market conditions, no other real estate property category has attracted as much chatter in recent years as retail. Once a favourite of investors, this property class is facing many increasing challenges for some time – and they are becoming more significant. COVID-19 has resulted in the closure of all malls, most stores and restaurants due to health and safety government mandates. Due to the pandemic, retail has become a much more vulnerable property class. How significant have the casualties been? Is the unexpected growth of more online shopping short term or could it result in a permanent structural shift in the retail market? How have enclosed malls performed vs. power centres vs. grocery anchored centres vs. street front retail? What does the future hold for brick and mortar and online shopping? Can they co-exist together? How can landlords redefine the onsite retail experience for shoppers?
John Crombie, Executive Managing Director, Retail Services, Canada, Cushman & Wakefield
Jan Kestle, President, Environics Analytics
Deborah Weinswig, Chief Executive Officer, Coresight Research
Andrew Garrett, Executive Director, Real Estate, Investment Management Corporation of Ontario
Jeff Ross, Senior Vice President, Leasing & Tenant Construction, RioCan REIT
Tim Sanderson, Executive Vice President & National Lead, Retail, JLL Canada
INDUSTRIAL REAL ESTATE DEMAND CONTINUES TO ACCELERATE: HOW CAN THE NEEDS OF THIS MARKET BE ADDRESSED? WHAT IS ON THE HORIZON?
Prior to COVID-19, industrial real estate was on a significant comeback trail. Vacancy across the country had fallen to a historically low level of 2%. NERs and CAP rates reached record numbers in many cases. Over 25 million sq.ft. was under development as demand surged for new higher quality buildings, especially for the distribution and logistics sectors. How has COVID-19 impacted the industrial asset class and these strong leasing, investment and development trends? What challenges have landlords and users had to contend with since March? As is the case around the world, Canada’s $80 billion distribution logistics industry has been severely tested. It is the fastest-growing sector in the logistical supply chain. This is due, in part, to the immense demands generated from a largely quarantined populace for staple needs via e-commerce and the emerging growth of DTC (Direct-to-Consumer). Will this continue as consumers move more permanently to online shopping to meet their needs? This panel will cover these and a wide range of other issues on this very buoyant market.
Gord Cook, Executive Vice President, Colliers International
Bill Bolender, Vice President, Country Manager, Prologis
Charlie Deeks, Chief Investment Officer, Pure Industrial
Jim Douglas, General Manager, Real Estate, Canada Post Corporation
Michael Ramparas, Senior Vice President, Global Real Estate and Head of Investments, Granite REIT
Glenn Way, EVP & Chief Operating Officer, GWL Realty Advisors Inc.
HOW MUCH RISK IS FACING CAPITAL AND DEBT MARKETS IN 2021: 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, mortgage originators and institutional and non-bank lenders. 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 2021 and beyond; what risks have emerged during COVID-19; and how they would favour deploying their capital next year. What can you expect going forward with respect to the cost, availability and most accessible sources of capital? Will lenders become more or less aggressive next year? What impact are government policies having on capital and the real estate market generally? Is asset valuation continuing to be a challenge since Q1? What is the view of this panel as to when this may likely happen next year?
Tom Rothfischer, Partner, KPMG LP
Rick Bachalo, Vice President, Mortgage Investments, Canada Life Assurance Company
Jenny Li, Managing Director, North American Real Estate, BMO Capital Markets
Lesley Gibson, Chief Financial Officer, CT REIT
Lou Iafrate, Executive Vice President, RVA, Altus Group
Jeremy Wedgbury, Senior Vice President, Commercial Mortgages, First National Financial LP
HOW REAL ESTATE COMPANIES ARE INTEGRATING ADVANCEMENTS IN TECHNOLOGY WITH INNOVATIVE STRATEGIES TO IMPROVE THEIR ASSETS AND THEIR BOTTOM LINE
Notwithstanding the pandemic, technological innovation continues to evolve and change the world at an unprecedented speed and the real estate market and industry is not exempt from this transition. While technology enables everyone to do much more today, fast forward ten years and the pace of change and evolution will be more significantly accelerated. What is the range of strategies that you have been considering or implementing in order to take advantage of technological innovations that can benefit your real estate assets, your overall portfolio, your firm, your clients, and your best practices? To what extent has PropTech evolved from a commonly used term defining the intersection of real estate and technology to a source for new initiatives some of which have entered and impacted the real estate market?
Lachlan MacQuarrie, a senior real estate professional experienced in technology & innovation
Dharmesh Ajmera, U.S. PropTech Sector Leader, Deloitte & Touche LLP
Annette Prater, Executive Vice President, Technology & Innovation, Brookfield Properties
Jose Ribau, Executive Vice President, Digital & Innovation, The Cadillac Fairview Corporation Limited
Tom Sheraden, Chief Technology Officer, QuadReal Property Group
WHAT ARE ENTREPRENEURS DOING IN TODAY’S MARKET TO SUCCEED NOTWITHSTANDING THE PANDEMIC?
Given the unpredictable nature of the Canadian market in 2020, how have entrepreneurs fared in the real estate industry since COVID-19 emerged. Our focus will be not only major cities but in mid-markets as well. Entrepreneurs are usually experienced at looking for innovation and accessing well priced capital. They are often privately-owned firms or possibly private equity funds. While they do not dismiss risk, they often have the ability to see value and reward where many others do not. How have they sourced debt and equity capital during 2020? What are some examples of transactions or developments that they have undertaken? Were there challenges that they needed to overcome? What niches do they strategically focus on to find the highest potential value opportunities that will provide quality returns? Given the present environment in the Canadian economy and real estate market, what are their plans for the future?
Mark Fieder, President, Canada, Avison Young
Richard Diamond, Senior Vice President, Canderel
Allan Perez, Chief Executive Officer, CanFirst Capital Management
Louis Serafini, President & CEO, Fengate Asset Management
Natalie Voland, Founder & President, Quo Vadis
Dallas Wingerak, Chief Executive Officer, Ronmor