2016 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.


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)


7:00 AM
REGISTRATION & LIGHT 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: THE 25th ANNIVERSARY OF THE FORUM

Blake Hutcheson

Peter Menkes

Blake Hutcheson, President & CEO, Oxford Properties Group Inc.
Peter Menkes, President, Commercial/Industrial Division, Menkes Developments Ltd.


8:10 AM
VIDEO PRESENTATION: LOOKING BACK OVER THE PAST 25 YEARS

8:20 AM
WHAT IS THE OUTLOOK FOR CANADA, THE U.S. AND GLOBAL ECONOMIES FOR 2017?

Another year has passed and there is still no clear consensus on where geoeconomic trends are heading. The  environment continues to be rather complicated and somewhat unclear. While it appears that the United States  economic recovery is still progressing, the UK must deal with Brexit, and other 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 that is still over 7% and a GDP forecast well below 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 2017. They will examine the major  fundamentals in Canada, the United States and global markets. What are the Fed and the Bank of Canada likely to do over the next 12 months? Will the bubble burst on Canadian housing markets specifically?

Speaker Introductions:
Brett Miller
, President, JLL Canada

OUTLOOK FOR THE U.S AND GLOBAL MARKETS AND WHAT IT MEANS FOR CANADA

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

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

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


9:50 AM
GROWTH, DEVELOPMENT AND INFRASTRUCTURE: WHERE ARE OUR CANADIAN CITIES HEADING?

Across Canada, there is an unprecedented amount of intensification activity and urban revitalization on a scale that has not been seen for decades. One of the key elements underlying the scale and intensity of the urban growth and development are the policies of municipalities, provincial and federal government. This session will examine the evolution of our major cities and the growth management policies they are pursuing. How are our cities likely to evolve over the next decade? What do building owners, investors and developers need to understand?

Speaker:
Mayor John Tory
, City of Toronto

In Conversation with:
Blake Hutcheson
, President & CEO, Oxford Properties Group Inc.
Peter Menkes, President, Commercial/Industrial Division, Menkes Developments Ltd.


10:20 AM
MORNING REFRESHMENTS

10:50 AM
CAPITAL ALLOCATION IN 2017: WHERE IS IT LIKELY TO BE HEADING?

Leaders from banking, insurance, and real estate will discuss their strategies for optimizing returns in 2017 and beyond in today’s unpredictable and often volatile environment. What is different today than a year ago? Where do they expect to be allocating resources – both capital and human – and why?

Renzo Farronato

Rudyard Griffiths

Victor Dodig

Donald Guloien

Mark Wiseman

Introduction:
Renzo Farronato
, Vice President, Commercial Solutions, National Sales & Business Development, FCT

Interviewer:
Rudyard Griffiths
, Business News Anchor, Bloomberg North

Panel:
Victor Dodig
, President & CEO, CIBC
Donald Guloien, President & CEO, Manulife
Mark Wiseman, Global Head of Active Equities, Blackrock & Chairman, Blackrock Alternative Investors


11:40 AM
STRATEGIC THINKING FOR 2017 FROM THREE REAL ESTATE LEADERS

The conversation will focus initially on the Canadian market and what opportunities and risks lies ahead for 2017. The panel will also provide a comparative examination of U.S. and other global markets. Topics covered will include capital flows, markets to watch, a perspective on property types, what the panel considers as the best bets for 2017 and how their respective 2016 performance has met their expectations of twelve months ago.

Jon Love

Ric Clark

Michael Emory

John Sullivan

Moderator:
Jon Love
, Chief Executive Officer, KingSett Capital

Panel:
Ric Clark
, Senior Managing Partner & Chairman, Brookfield Property Group and Brookfield Property Partners
Michael Emory, President & CEO, Allied Properties REIT
John Sullivan, President & CEO, The Cadillac Fairview Corporation Limited


12:30 PM
LUNCHEON
LUNCHEON REFRESHMENTS

1:35 PM
AFTER LUNCH REFRESHMENTS

1:40 PM
CONCURRENT SESSIONS (Select A1 or A2)
SESSION A1:
CANADA VS. U.S. VS. EUROPE: ASSESSING THE RISKS, CHALLENGES AND THE BEST POTENTIAL OPPORTUNITIES

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 U.S. market? 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 2016? 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?

Blake Hutcheson

Daniel Fournier

Chris Grigg

Paul Mouchakkaa

Owen Thomas

Moderator:
Blake Hutcheson
, President & CEO, Oxford Properties Group Inc.

Panel:
Daniel Fournier
, Chairman & CEO, Ivanhoé Cambridge Inc.
Chris Grigg, Chief Executive, British Land
Paul Mouchakkaa, Managing Investment Director, Real Assets, CalPERS
Owen Thomas, Chief Executive Officer, Boston Properties

SESSION A2:
TECHNOLOGICAL TRANSFORMATION: SIGNIFICANT DISRUPTERS THAT NEED TO BE EMBRACED AND UNDERSTOOD BY REAL ESTATE EXECUTIVES

Technological innovation is changing the world much more rapidly than we think. It can sometimes be a disruptive force to everything around us, but you need to understand it and embrace it. While we do so much more with technology today, fast forward ten years and there will be even greater rapid transformation. This session will provide some valuable insights and key examples of some emerging innovations. Consider how they will affect the real estate market in various ways. The impact of Airbnb on hotels. Driverless automobiles are being authorized for general use in several jurisdictions and millions are expected to be on our roads within the next five years. Alibaba, Shopify, Amazon and e-commerce is changing the face of retail forever; but synergies are emerging where e-commerce retailers have gone to physical stores and business has dramatically increased. And then there is Fintech, 3-D printing and the changing workplace environments. The speed of technological change is significant along with the potential reach of these transformations. How can we adapt to these emerging technologies? How can real estate owners prosper in an age of constant innovation?

John Ruffolo

Sheila Botting

Amy Erixon

David Kim

Chris Matys

Moderator:
John Ruffolo
, Chief Executive Officer, OMERS Ventures

Panel:
Sheila Botting
, Partner & Canadian Real Estate Leader, Deloitte LLP
Amy Erixon, Principal & Managing Director, Investment, Avison Young
Dave Kim, Co-Founder & CEO, Harbr
Chris Matys, Chief Analytics Officer, Georgian Partners


3:00 PM
NETWORKING RECEPTION
7:30 AM
REGISTRATION & LIGHT BREAKFAST

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

Blake Hutcheson

Peter Menkes

Blake Hutcheson, President & CEO, Oxford Properties Group Inc.
Peter Menkes, President, Commercial/Industrial Division, Menkes Developments Ltd.


8:10 AM
VIDEO PRESENTATION: WHAT LIES AHEAD IN THE NEXT 25 YEARS?

8:15 AM
THE RESULTS OF THE U.S. CONGRESSIONAL AND PRESIDENTIAL ELECTIONS: POTENTIAL IMPACTS FOR CANADA

Insights from the former Canadian Ambassador to the United States about the results of the November elections in the United States. What do we need to understand about the potential implications for Canada? How will they possibly affect foreign investors active in the U.S. market?

Introduction:
Armen Farian
, Managing Director & Head of Real Estate Investment Banking, TD Securities

Speaker:
Frank McKenna
, Deputy Chair, TD Bank Group


9:30 AM
CONCURRENT SESSIONS (Select B1, B2, B3, B4 or B5)
SESSION B1:
THE OFFICE MARKET ACROSS CANADA: WHAT CHALLENGES DOES IT FACE IN WHICH CITIES? WHAT KEY FACTORS ARE AFFECTING GROWTH IN DEMAND?

Canada’s office market of more than 500 million sq.ft. continued to soften during this past year. Vacancy rates rose in most markets and have reached over 12% at mid-year nationally. What were the reasons for this trend when you consider that our major cities are witnessing the largest surge in development in some 25 years? How much absorption has there been? What are the challenges to achieving more? How have Toronto, Vancouver and Montreal performed compared with other markets? How have the suburbs fared relative to the downtown cores? What are owners of older legacy towers, A, B and C class properties doing to try to compete against the attributes of the new higher performance green certified buildings? How is the “brick and beam” market performing? What is the impact of tenants rethinking their workplaces and space requirements? What are the key priorities of tenants on a stratified basis? Are leasing trends in step with valuations and cap rates?

Chuck Scott

Vince Brown

Gerry Guidice

Sandy McNair

Jan Sucharda

Stephen Taylor

Moderator:
Chuck Scott
, Chief Executive Officer, Canada, Cushman & Wakefield

Panel:
Vince Brown
, President & CEO, Triovest Realty Advisors Inc.
Gerry Guidice, Global Head, Enterprise Real Estate, TD Bank Group
Sandy McNair, Data Curator, Altus Data Solutions
Jan Sucharda, President & CEO, Brookfield Canada Office Properties
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 a reliable property class. Investor demand far outweighs supply resulting in continued cap rate compression. What direction are they likely to take in 2017? How can investors make low cap rates work? How much new apartment construction is expected to continue in 2017? 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?

Mark Kenney

Daniel Drimmer

Philip Fraser

Brian McCauley

Anne Morash

Moderator:
Mark Kenney
, Chief Operating Officer, CAPREIT

Panel:
Daniel Drimmer
, Founder & CEO, Starlight Investments Ltd.
Philip Fraser, President & CEO, Killam Apartment REIT
Brian McCauley, President & COO, Concert Properties Ltd.
Anne Morash, Senior Vice President, Multi-Residential, GWL Realty Advisors Inc.

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

A panel of investors will discuss on prospective buying and selling trends for 2017. 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 and sellers in 2017? 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? What is the public sector likely to be doing with its real estate assets?

Peter Senst

Neil Cunningham

Jonathan Gitlin

Rob Kumer

Toni Rossi

Ted Welter

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

Panel:
Neil Cunningham
, Senior Vice President, Global Head of Real Estate, PSP Investments
Jonathan Gitlin, Senior Vice President, Investments, RioCan REIT
Rob Kumer, Executive Managing Director, KingSett Capital
Toni Rossi, President & CEO (interim) and Divisional President, Real Estate & Lending, Infrastructure Ontario
Ted Welter, Managing Director & Chief Investment Officer, Alternative Investments, Greystone Managed Investments Inc.

SESSION B4:
CITY BUILDING & NEW DEVELOPMENT: WHAT IS DRIVING URBANIZATION ACROSS CANADA? HOW LONG WILL IT CONTINUE?

Across the country, there is an unprecedented amount of intensification activity and urban revitalization on a scale that has not been seen for decades. A panel of developers active in various Canadian markets will provide their insights on what key economic, demographic and social forces are responsible for the renewal trends in our major cities. What type of projects are emerging to create new forms of residential, office, retail, and hotel uses? What proportion of projects are green buildings? What are some examples of innovation that are being implemented? How long will this trend likely last?

Mark Renzoni

Eric Carlson

David Gerofsky

Claude Marcotte

Michael Turner

Moderator:
Mark Renzoni
, President & CEO, CBRE Limited

Panel:
Eric Carlson
, Chief Executive Officer, Anthem Properties Group Ltd.
David Gerofsky, Chief Executive Officer, First Gulf Corporation
Claude Marcotte, Executive Vice President, Development & Construction, Carbonleo
Michael Turner, Executive Vice President, Canada, Oxford Properties Group Inc.

SESSION B5:
INDUSTRY VETERANS SPEAK WITH THE MILLENNIAL GENERATION OF EMERGING LEADERS: WHAT INSIGHTS AND PERSPECTIVES CAN THEY OFFER EACH OTHER?

Two Canadian real estate veterans will discuss how their careers evolved, lessons learned along the way and other key takeaways with two millennial generation leaders as they all share their experiences thus far. What has remained timeless and what aspects of the industry from professional development, career opportunities and market realities have changed? How can the various generations work with each other to make organizations stronger? What differences and synergies might arise that need to be addressed and capitalized on? The panel will also offer their perspectives on today’s industry as they address salient questions: starting out today, what is important to focus on, how do you manage intergenerational workplaces, and what are some notable trends creating differences in the real estate industry over the past 40 years?

Lori-Ann Beausoleil

Paul Campbell

Tom Farley

Alexandra Khazzam

Peter McFarlane

Moderator:
Lori-Ann Beausoleil
, Partner, National Real Estate Advisory Leader & the National Forensic Services Leader, PwC

Panel:
Paul Campbell 
has a 40-year career in the property management, leasing, development and senior leadership roles at KingSett Capital, SITQ, Oxford Properties, Maron Properties, Campeau Corporation and Bramalea
Tom Farley, Chairman, Brookfield Canada Office Properties, Chairman, Slate Retail REIT, previously Global President and COO of Brookfield Properties
Alexandra Khazzam, Director, Investments, Dream Asset Management
Peter McFarlane, Senior Asset Manager, Fiera Properties Ltd.


10:30 AM
MORNING REFRESHMENTS

11:00 AM
CONCURRENT SESSIONS (Select C1, C2, C3, C4 or C5)
SESSION C1:
THE PRESSURES AND THE CONTINUED EVOLUTION OF THE RETAIL MARKET: ARE WE APPROACHING A PERIOD OF STRONG WINNERS AND WEAK LOSERS?

No other real estate property class has attracted as much attention as retail. We have watched Canadian, U.S. and European retailers opening stores, closing them or looking for fresh approaches to their formats. There is a range of views on how online shopping is impacting the Canadian retail market. To what extent is omnichannel now a major element of the retail landscape? Is the influx of inner city mixed-use and residential developments creating opportunities for new urban retail formats? How are regional malls performing vs. power centres vs. grocery anchored centres? What are national retailers doing in this highly competitive market? Some analysts are offering dire forecasts for the future of older malls as changing demographics and buying habits negatively affect poorer quality properties. This session will examine these and other trends and discuss the facts and fallacies pertaining to the evolution of the Canadian retail real estate market.

John Crombie

Sylvie Lachance

Jordan Robins

Tim Sanderson

Claude Sirois

Huw Thomas

Moderator:
John Crombie
, Senior Vice President, Retail Leasing Canada, Triovest Realty Advisors Inc.

Panel:
Sylvie LaChance
, Executive Vice President, Real Estate Development, Sobeys Inc.
Jordan Robins, Executive Vice President & Chief Operating Officer, First Capital Realty Inc.
Tim Sanderson, Principal, Broker of Record, Northwest Atlantic (Canada) Inc.
Claude Sirois, President, Retail, Ivanhoé Cambridge
Huw Thomas, Chief Executive Officer, SmartREIT

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 submarkets comprised of new modern warehousing buildings vs. older vintage properties with marginal applications for many users? What are the greatest sources of demand for space and in which markets? How are industrial tenant requirements changing? How are landlords responding? 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?

Scott Chandler

Todd Bechard

Paul Braun

Keith Major

Jeff Miller

Wendy Waters

Moderator:
Scott Chandler
, Senior Vice President, Canada Capital Markets, Colliers International

Panel:
Todd Bechard
, Executive Vice President, Acquisitions, Cominar REIT
Paul Braun, Managing Director, CanFirst Capital Management
Keith Major, Executive Vice President, Real Estate Services, Bentall Kennedy (Canada) LP
Jeff Miller, Vice President, Industrial, Oxford Properties Group Inc.
Wendy Waters, Senior Director, Portfolio Analysis & Research Services, GWL Realty Advisors Inc.

SESSION C3:
CAPITAL AND DEBT MARKET TRENDS IN 2017: WHAT IS THE OUTLOOK FOR SPREADS, COST, AND AVAILABILITY?

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 2017 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?

Lorne Burns

Jeff Appleby

Paul Chin

Louis Forbes

John Miron

Moray Tawse

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

Panel:
Jeff Appleby
, Managing Director, Real Estate Investment Banking, CIBC World Markets Inc.
Paul Chin, Executive Vice President, Real Estate Lending, Otéra Capital Inc.
Louis Forbes, Chief Financial Officer, CT REIT
John Miron, Managing Director & Head of Canadian Real Estate Corporate Banking, RBC Capital Markets
Moray Tawse, Co-Founder and Executive Vice President, Mortgage Investments, First National Financial LP

SESSION C4:
THE FACTS AND FALLACIES ABOUT THE SUBURBS: STRONGER THAN YOU THINK

One of the major trends across Canada is the gentrification and very strong rebirth of the older inner city areas and downtown cores. Most attention is being fostered on the higher density mixed-use development that often characterizes these trends. A common theme that you read and hear is that millennials want to live, work, play and learn in the inner city. What does this mean for the strength and vitality of older and newer peripheral suburban communities? Has the interest in living, working and shopping in these areas peaked? Are assets in suburban areas losing appeal from investors? This session will examine some of the major facts and fallacies pertaining to these trends in gateway cities and mid-markets across Canada.

Mark Rose

Don Clow

Nick Macrae

Les Miller

Joel Pearlman

Richard Weir

Moderator:
Mark Rose
, Chairman & CEO, Avison Young

Panel:
Don Clow
, President & CEO, Crombie REIT
Nick Macrae, Senior Portfolio Manager, Real Estate, HOOPP
Les Miller, Managing Partner, Real Estate Management, Crown Realty Partners
Joel Pearlman, Senior Vice President, Investments, Menkes Developments Ltd.
Richard Weir, Executive Vice President, Real Estate & Development, Bosa Development Corporation

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

Given the strong investor sentiment in the Canadian market, major opportunities have emerged for entrepreneurialism in the real estate industry. They are experienced at looking for innovation and accessing lower 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. What niches do they strategically focus on to find the highest potential value opportunities that will provide quality returns? How do they see investment opportunities unfolding in the future?

Zach Pendley

Vincent Chiara

Stephen Diamond

Rosanne Hill Blaisdell

Brady Welch

Moderator:
Zach Pendley
, Senior Vice President, Ernst & Young Orenda Corporate Finance Inc.

Panel:
Vincent Chiara
, President, Groupe Mach Inc.
Stephen Diamond, President & CEO, Diamond Corp.
Rosanne Hill Blaisdell, Managing Director & Vice President, Leasing, Harvard Developments Inc.
Brady Welch, Partner & Co-Founder, Slate Asset Management LP


12:10 PM
LUNCHEON
LUNCHEON REFRESHMENTS

1:00 PM
KEYNOTE REMARKS: A FORMER PRIME MINISTER’S VIEW OF THE EMERGING GLOBAL ECONOMIC AND POLITICAL ENVIRONMENT

This will mark the first time that Ben Mulroney will interview his father, former Prime Minister Brian Mulroney. Their conversation will focus on significant economic and political developments outside of Canada and what the implications these trends may have on our country’s growth and prosperity beginning with the outcome of the U.S. elections and the UK referendum on Brexit.

Brian Mulroney

Ben Mulroney

Introduction:
Mario Caron
, Senior Partner, Norton Rose Fulbright Canada LLP

Interviewer:
Ben Mulroney
, Television Host

Keynote Guest:
The Right Honourable Brian Mulroney, PC, CC, 18th Prime Minister of Canada


1:45 PM
CLOSING ROUNDTABLE DISCUSSION: HOW DO YOU EXPECT TO GROW IN 2017? 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?

Blake Hutcheson

Ed Sonshine

Peter Menkes

Michael Cooper

Graeme Eadie

Doug McGregor

Dori Segal

Moderators:
Blake Hutcheson
, President & CEO, Oxford Properties Group Inc.
Peter Menkes, President, Commercial/Industrial Division, Menkes Developments Ltd.

Panel:
Michael Cooper
, President & Chief Responsible Officer, Dream Unlimited Corp.
Graeme Eadie, Senior Managing Director & Global Head of Real Assets, Canada Pension Plan Investment Board
Doug McGregor, Chairman & CEO, RBC Capital Markets
Dori Segal, Chairman, First Capital Realty Inc.
Ed Sonshine, Chief Executive Officer, RioCan REIT


2:45 PM
ADJOURNMENT