GRI New Europe. Join the Leading Investors, Developers & Lenders in a series of open and informal discussions

Transcription

1 Central and Eastern European Real Estate New Europe GRI 2013 WARSAW 3-4 December Hyatt Regency Foreign Investors return Where are you? Join the Leading Investors, Developers & Lenders in a series of open and informal discussions

2 PROGRAM HIGHLIGHTS HYATT REGENCY WARSAW ul. Belwederska Warsaw - Poland the big picture CEE & investment volumes Lean time or buoyant again? Core, core, core Nothing more? Is there life outside Poland Sweet dreams or reality? investors & DeVeLopers program Distressed Sales Are they happening or just dreaming? Multi-Channel Retailing Who benefits and who loses out? Foreign funds Where to invest, where not? Debt and capital markets program CEE debt availability More or less? Financing new developments Dark ages or silver lining? Lending & return to secondary markets False hopes or reality? sectors and regions Offices in CEE Is Warsaw No 1 or too expensive? Good times for cherry picking in Bucharest!? Investors vs Occupiers in logistics & industrial At odds or shoulder to shoulder? and many more... DaViD hay CEO afi europe romania KatarZyna cyz CEO atrium poland real estate management DetLef bohnhoff SVP, Head RE Crossborder Finance bayernlb charalampos pandis Partner bluehouse capital Kean hird Partner catalyst capital VLaho KoJaKoVic Senior Banker- Property and Tourism Team ebrd

3 WeLcome Find new business partners and get connected with local experts to drive your business On 3-4 December 2013, the 9th New Europe GRI will bring together the leading international and local decision makers driving the real estate industry in Central Eastern South-eastern Europe for a series of informal discussions, to explore opportunities and reconnect partners & friends. Like all GRI meetings, the New Europe GRI will have no speakers, no panellists, just freewheeling conversations in small groups where all present participate. Ronny Gotthardt In the limelight this year: Where to find the best opportunities in Poland Do Czech Republic, Slovakia & Hungary offer alternatives? Offices and whether it s still all about Warsaw Is the time right to return to Bucharest? Henri Alster We look forward to welcoming you on board in Warsaw. ronny gotthardt Managing Director GRI - Global Real Estate Institute henri alster Chairman GRI Global Real Estate Institute rüdiger Dany Senior Director Development Poland, Czech & Slovak Republic ece projektmanagement patrick Zehetmayr Managing Director erste group immorent tibor tatar CEO futureal roger p. peters Regional Director, Northern & Eastern Europe goodman Jorge perez De LeZa Managing Director Europe grupo Lar erez boniel CFO/Member of the Board gtc

4 CONNECT WITH REAL ESTATE LEADERS IN CEE LPS AT RECENT GRIs WHO ATTENDS THE NEW EUROPE GRI? ABU DHABI INVESTMENT AUTHORITY (ADIA) ALCATEL LUCENT PENSION TRUST BAYERISCHE VERSORGUNGSKAMMER CAISSE DE DEPOT QUEBEC CALPERS CHURCH COMMISSIONERS (UK) COLUMBIA UNIVERSITY INVESTMENT MANAGEMENT CPPIB CROWN ESTATE (UK) DETROIT GENERAL RETIREMENT SYSTEM DOW CORPORATION PENSION E.ON PENSION MANAGEMENT EUROPEAN PARLIAMENT PENSION FUND FINLAND STATE PENSION FUND FLEMING FAMILY & PARTNERS GE PENSION TRUST GENERALI IMMOBILIER GOTHAER ASSET MANAGEMENT GIC (SINGAPORE) HARVARD MANAGEMENT COMPANY HERMES INVESTMENT MANAGEMENT ILLMARINEN MUTUAL PENSION INSURANCE INTEGRALE (BELGIUM) JOEP PENSION FUND (DENMARK) KBC PENSION FUND LEWIS TRUST GROUP MEAG MUNICH ERGO MICHIGAN RETIREMENT SYSTEM NATIONAL PENSIONS RESERVE FUND - IRELAND NEW YORK STATE COMMON RETIREMENT FUND NJ STATE TREASURY NORDEA LIFE & PENSION OMAN INVESTMENT FUND ONTARIO MUNICIPAL EMPLOYEE RETIREMENT SYSTEM OREGON PUBLIC EMPLOYEES RETIREMENT FUND PHILIPS PENSION FUNDS PREVI PRUDENTIAL INSURANCE PSP INVESTMENTS (CANADA) QATAR INVESTMENT AUTHORITY TEXAS TEACHERS RETIREMENT SYSTEM TIAA-CREF US STEEL PENSION FUNDS WASHINGTON STATE EMPLOYEE RETIREMENT SYSTEM WELLCOME TRUST and others... By Occupation INVESTORS 28.6% DEVELOPERS 37.0% LENDERS 21.8% ADVISORS 8.0% OTHER 4.6% By Seniority CHAIRMAN CEO CXO 43.3% MANAGING DIRECTORS 38.2% DIRECTORS 16.2% OTHER 2.3% BASED ON PAST 3 YEARS ATTENDANCE Jiri hrbacek Group CFO hb reavis group peter noack Executive VP HOCHTIEF Solutions AG Real Estate Solutions hochtief projektentwicklung gmbh peter oesterle Head of Asset Management Projects East immofinanz mikael andersson Managing Director inter ikea centre group poland Dr. edgar rosenmayr Managing Director/Board Member, CEO-MRICS KuLcZyK silverstein properties christopher Zeuner Managing Director, CEE Acquisitions LasaLLe investment management

5 overview TIMETABLE KEYNOTE 3 DEC Tuesday 13:30-14:30 Check In 14:30-17:45 Discussions 17:45-18:45 Drinks Reception CEE FINANCIAL MARKETS Is the glass half-full or half-empty? 19:00-22:00 Private Board Dinner (By Invitation only - reserved for GRI Members, Sponsors and New Europe GRI Discussion (co-)chairs.) 4 DEC Wednesday 08:00-09:00 Check In 09:00-10:00 Keynote 10:30-15:30 Discussions 13:15-14:15 Lunch 15:30-16:30 Closing Drinks gunter Deuber Head of CEE - Research raiffeisen bank international Austria olivier gerard-coester Board Member mayland real estate Dr. WaLter hampel MD, Head of Real Estate Finance CEE pbb Deutsche pfandbriefbank boris olujic Principal peakside capital advisors christian nickels-teske SVP, Head of Treasury Europe & Capital Markets prologis tomasz LisiecKi Managing Director trigranit noah milton steinberg Chairman & CEO Wing

6 NEW EUROPE GRI Group discussions run concurrently, several going on at the same time in separate rooms. Walk in and out at your convenience and attend as many sessions as you want. INVESTMENTS IN CEE Where are the best candies? boris olujic principal peakside capital advisors uk sebastien cappigny fund manager aew europe france yannis DeLiKanaKis partner bluehouse capital luxembourg Dieter KnitteL director, real estate finance cee pbb Deutsche pfandbriefbank germany nikolas KouLouras director salamanca capital uk tibor tatar ceo futureal hungary csaba tóth md trigranit DeVeLopment corporation hungary pavel trenka deputy ceo and head of strategy hb reavis group slovakia michael White founding partner enercap czech republic Boris Olujic Yannis Delikanakis Dieter Knittel Tibor Tatar Csaba Tóth Pavel Trenka DISTRESSED SALES Are they happening or just dreaming? petr panek partner and head of real estate group White & case czech republic eric assimakopoulos revetas capital uk chris bennett member of the board indotek group uk gerhard breindl head of division risk management erste group immorent austria mariusz KurZac bank director ing bank slaski poland poland stelios ZaVVos founder & ceo Zeus capital managers greece Petr Panek Eric Assimakopoulos Chris Bennett Gerhard Breindl Mariusz Kurzac Stelios Zavvos All material throughout this brochure is subject to change without notice.

7 Discussions OFFICES IN CEE Is Warsaw no 1 or too expensive? Johannes bauer asset management cee s+b gruppe austria Doron KLein ceo, afi europe czech republic & germany afi czech republic rafal mazurczak offices and hotels manager echo poland peter noack executive vp hochtief solutions ag re solutions hochtief projektentwicklung germany radim rimanek head of group leasing and asset management hb reavis group slovakia edgar rosenmayr /board member, ceo-mrics KuLcZyK silverstein properties poland andreas thamm director commercial development immofinanz austria Joanna WoJnaroWsKa partner baker & mckenzie poland maciej ZaJDeL ivg poland poland Johannes Bauer Doron Klein Rafal Mazurczak Peter Noack Radim Rimanek Edgar Rosenmayr Andreas Thamm Joanna Wojnarowska Maciej Zajdel MULTI-CHANNEL RETAILING Who benefits and who loses out? James turner balmain asset management uk fabrice DaViD bansay chief executive officer apsys polska poland rüdiger Dany senior director dev.poland, czech & slovak republic ece projektmanagement poland Kean hird partner catalyst capital uk Dennis selinas ceo argo capital property romania elio szmawonian board advisor & investor relations mayland real estate poland James Turner Fabrice David Bansay Rüdiger Dany Kean Hird Elio Szmawonian FINANCING CEE Warsaw & Prague or is the limelight elsewhere? WaLter hampel md, head of real estate finance cee pbb Deutsche pfandbriefbank germany harald heinzl head of real estate finance immofinanz austria Jiri hrbacek group cfo hb reavis group slovakia martin schlichting head of commercial real estate erste group immorent austria Walter Hampel Harald Heinzl Jiri Hrbacek Martin Schlichting All material throughout this brochure is subject to change without notice.

8 NEW EUROPE GRI 2013 INVESTORS IN POLAND New players or return of old suspects? irena herbst chairman of the board fundacja centrum ppp poland miroslaw JanusZKo vice president / chief investment officer peakside polonia poland marek masny transaction manager bank ZachoDni WbK poland bogdan nawrocki zastepca dyrectora biura urzad miasta stolecznego WarsZaWy poland Dagmara nickel owner nickel poland peter oesterle head of asset management projects east immofinanz austria LesZeK sikora head of development ece projektmanagement poland Irena Herbst Peter Oesterle Miroslaw Januszko Leszek Sikora FINANCING NEW DEVELOPMENTS Dark ages or silver lining? erez boniel cfo/member of the board gtc poland Jan DZieKaŃsKi director / head of structured finance and advisory bank gospodarstwa KraJoWego poland filip hradec head of real estate finance erste group immorent czech republic henryk J LisZKa ceo hochtief polska poland JaKub pelikán country manager czech republic and slovakia goodman czech republic adam swirski md, country head credit risk management Deutsche bank polska poland Erez Boniel Jan Dziekański CEE & INVESTMENT VOLUMES Lean time or buoyant again? maciej ZaLeWsKi local partner White & case poland roger andersson country manager swede center poland yann guen founder arago holding poland piotr m. KraWcZynsKi KuLcZyK silverstein properties poland peter michael perwas head of institutional investors elbfonds germany noah milton steinberg chairman & ceo Wing hungary Maciej Zalewski Roger Andersson Yann Guen Piotr M. Krawczynski Noah Milton Steinberg All material throughout this brochure is subject to change without notice.

9 Discussions IS THERE LIFE OUTSIDE POLAND Sweet dreams or reality? marian herman head of investment management and divestments hb reavis group slovakia JaKub hlavicka financial director passerinvest group czech republic pawel LasKoWsKi-fabisieWicZ vice president grupa phn poland michele small director ms commercial real estate capital uk manfred Wiesner perella Weinberg real estate uk Marian Herman Michele Small Manfred Wiesner SHOPPING CENTRES IN POLAND A new paradigm of owner/tenants relations? mikael andersson inter ikea centre group poland poland paul cawood director-leasing balmain asset management uk KatarZyna cyz ceo atrium poland real estate management poland olivier gerard-coester board member mayland real estate poland anna malarczyk futureal management poland poland Mikael Andersson Paul Cawood Katarzyna Cyz Olivier Gerard-Coester Anna Malarczyk COMMERCIAL RE Where does it make sense to buy? Where not? marco KohLa director real estate investment immofinanz austria otis L. spencer co-head & Ksp real estate investment management poland christopher Zeuner cee acquisitions LasaLLe investment management czech republic Marco Kohla Otis L. Spencer Christopher Zeuner All material throughout this brochure is subject to change without notice.

10 NEW EUROPE GRI 2013 CEE DEBT AVAILABILITY More or less? DetLef bohnhoff svp, head re crossborder finance bayernlb germany assem el alami head of re finance berlin hyp / Lbb germany peter Kocsis deputy ceo Wing hungary tomasz LisiecKi trigranit poland Detlef Bohnhoff Peter Kocsis Assem El Alami Tomasz Lisiecki CORE, CORE, CORE Nothing more? ben maudling head of cee palmer capital czech republic patrick Zehetmayr erste group immorent austria Ben Maudling Patrick Zehetmayr FOREIGN FUNDS Where to invest, where not stratos chatzigiannis investment director nbgi private equity uk tomasz DoKtor director catalyst capital poland marinos gialeli ceo hotel employees provident fund cyprus Jorge perez De LeZa europe grupo Lar spain Stratos Chatzigiannis Tomasz Doktor Marinos Abou Gialeli Jorge Perez de Leza RESIDENTIAL Demand is there, where is the supply? carlos felipe De LeÓn member of management board acciona nieruchomosci poland Dimitar savov ceo bld asset management bulgaria Jon therkildsen ceo / president nordic DeVeLopment poland Carlos Felipe De León Dimitar Savov Jon Therkildsen All material throughout this brochure is subject to change without notice.

11 Discussions SEE No way or bright spots again? georgios argentopoulos chief executive officer baneasa romania shimon galon ceo gtc romania DaViD hay ceo afi europe romania romania marin Le corre md see property fund monaco charalampos pandis partner bluehouse capital luxembourg Georgios Argentopoulos Shimon Galon David Hay Charalampos Pandis LENDING & RETURN TO SECONDARY MARKETS False hopes or reality? christian nickels-teske svp, head of treasury europe & capital markets prologis netherlands inna ZhuransKaya Krestco uk Christian Nickels-Teske Inna Zhuranskaya GOOD TIMES FOR CHERRY PICKING IN BUCHAREST!? alexander flatz soravia real estate DeVeLopment austria ariel goldstein vp finance & cfo afi poland benedikt hartig head of team am projects east immofinanz austria mauricio gomez mesa country manager romania and bulgaria hercesa romania claudia pendred director for property and tourism ebrd uk Alexander Flatz Benedikt Hartig Mauricio Gomez Mesa Claudia Pendred All material throughout this brochure is subject to change without notice.

12 NEW EUROPE GRI 2013 HOTELS IN POLAND Thumbs up or down? georg folian cfo WarimpeX austria Georg Folian INVESTORS VS OCCUPIERS IN LOGISTICS & INDUSTRIAL At odds or shoulder to shoulder? James DoDsWorth partner White & case uk roger p. peters regional director, northern & eastern europe goodman belgium ian Worboys ceo pointpark properties czech republic James Dodsworth Roger P. Peters Ian Worboys SUSTAINABILITY IN CEE Green drive, more value in the long run? VLaho KoJaKoVic senior banker- property and tourism team ebrd uk DeVin saylor sustainability director skanska property poland poland Vlaho Kojakovic Devin Saylor All material throughout this brochure is subject to change without notice.

13 sponsors sponsorship opportunities Position your brand among leaders in the industry. To discuss the options available please contact: Hassan Gani, International Project Director Tel bronze sponsor bronze sponsor gold sponsor Erste Group Immorent is the specialist for real estate financing, infrastructure financing and project development in Central, Eastern and South-Eastern Europe. In the years since its founding, this Austrian company has grown to become a service provider with comprehensive expertise along the entire real estate value chain. Richard Wilkinson CEO Tel: +43 (0) richard.wilkinson@immorent.com Patrick Zehetmayr Managing Director, Head of RE Client Coverage Tel: +43 (0) patrick.zehetmayr@immorent.com White & Case is a truly global law firm, uniquely positioned to help our clients achieve their ambitions in today s G20 world. As a pioneering international law firm, our cross-border expertise and diverse team of local, US and English-qualified lawyers consistently deliver results for our clients. In both established and emerging markets, our lawyers are integral, long-standing members of the community, giving our clients insights into the local business environment alongside our expertise in multiple jurisdictions. We work with some of the world s most respected and well-established banks and businesses, as well as start-up visionaries, governments and state-owned entities. James Dodsworth jdodsworth@whitecase.com Gerhard Breindl Head of Risk Management Tel: +43 (0) gerhard.breindl@erstegroup.com Martin Schlichting Head of Commercial Real Estate Tel: +43 (0) martin.schlichting@erstegroup.com Baker&McKenzie is one of the world largest law firms with presence in developed markets and in the areas with the highest economic growth potential. Over 4000 lawyers from 74 offices render services in 46 countries. Joanna Wojnarowska Joanna.Wojnarowska@bakermckenzie.com

14 The 7th Annual RUSSIA GRI2013 МОСКВА oктября MOSCOW October connecting real estate investment Decision-makers across russia Natalia Pirogova CFO afi DeVeLopment Evgeniya Klimchuk Vice President aig global real estate Scott Speil Inv. Manager amstar global USA Valentina Stanovova Senior VP/ CFO capital group Stefan Zeiselmaier Managing Director ece russland Oleg Myshkin Managing Partner, RE fleming family and partners Andrey Barinsky President forum properties Sergey Kalinin President hals DeVeLopment Sergey Matyukhin CEO Kr properties Michael Stanton CIO o1 properties LimiteD Mikhail Tarasov Managing Director ufg real estate Alexey Kozak Co-Head of Real Estate Vtb capital Investing in development How do risks and ROI expectations change depending on the stage of the project A GLIMPSE OF THE DISCUSSIONS Foreign Investors and Developers in Time to seize the opportunities? Regional Retail High yields or empty promises? Banks Who is active in the lending market? jane.popova@globalrealestate.org tel RESERVE YOUR PLACE NOW GRI Network

15 NEW EUROPE GRI 2013 registration form register online ALTERNATIVE WAYS TO REGISTER Scan & this form to: Fax Tear out & fax this form to: Tel Call & talk to us on: FIRST NAME MIDDLE NAME save up to 300 With the early bird! SURNAME NICKNAME NEW EUROPE GRI 2013 Warsaw, 3-4 December single group * per person Discussion * (co-)chair POSITION/JOB TITLE Before 18 Oct 2,375 (+23% VAT) 2,175 (+23% VAT) 2,075 (+23% VAT) TEL After 18 Oct 2,675 (+23% VAT) 2,475 (+23% VAT) 2,475 (+23% VAT) COMPANY Fee for payment methods other than credit card*: Fee for onsite payment (credit card or cash only)*: * Refer to registration notes on opposite page ASSISTANT ASSISTANT TEL ASSISTANT PAYMENT DETAILS A receipt will be returned. ref: 1BR ADDRESS Please Tick q VISA q MASTERCARD q AMEX q CHEQUE (+ 75) (1) NAME ON CARD CITY STATE/PROVINCE/COUNTY CARD NUMBER EXPIRY POSTCODE COUNTRY CSC/CVV* (MANDATORY) SIGNATURE DIVISION S WEB ADDRESS (ex: CREDIT CARD BILLING ADDRESS (Please provide if different from address on left) q INVESTOR q PENSION (Investor) q PROPERTY COMPANY (Developer) q INFRASTRUCTURE COMPANY q LENDER q HOTEL (Company) q INVESTMENT BANK q CORPORATE (User) q AGENT (Surveyor) q ADVISOR (Accountant/Tax) q LAWYER q A&E (Architect/Engineer) q TITLE (COMPANY) q GOVERNMENT (Officials) q ECONOMIC DVPMT. q ACADEMIC (Think Tank) q MEDIA q TRADE (Group/Exhibit/Conference Organiser) q OTHER CITY STATE/PROVINCE/COUNTY POSTCODE COUNTRY * The CSC is the final three digit number printed on the reverse of your card along the signature strip. American Express cards, please provide the four digit CVV located above the long card number. With due sensitivity the GRI may film or photograph this event for printed & electronic marketing purposes. By attending the event you are giving consent to be filmed or photographed. No individually identifiable images will be used where requested.

16 registration notes Admission & Cancellation Policy payment required by return. Delegate fee must be paid in full prior to conference or admission is regrettably not possible. confirmation will be sent on receipt of payment. If you have not received confirmation within 14 days of registration, please contact us to confirm your booking. cancellation and transfer to colleagues must be in writing. Transfer to colleagues (attendees/ co-chairs) is possible at any time. 90% refund will apply if cancellation notice is received by 18th October We regret no refunds are possible for cancellations received thereafter. Registration Notes group rate Group rate is per person. Applies to groups of 3 or more participants. Need not be from the same company. Please note that registration fee reductions are not cumulative. Discussion co-chair rates Selectively available to industry leaders (investors, developers and lenders) confirmed in advance for the program. cheque Cheque and methods of payment other than credit cards incur an additional 75 fee. Payable to GRI. Mail cheque to: GRI, 10 Melton Street London NW1 2EB UK onsite registrations Onsite Registrations paid in cash or credit card will be charged 125 more than otherwise applicable fee. Sponsorship Opportunities Take the opportunity to strengthen your position in the real estate market and reach a senior audience of real estate professionals across the globe. The GRI has a limited number of commercial packages available and our sponsorship team will be happy to tailor a package to ensure you maximise your return on investment. Contact Hassan Gani International Project Director Tel hassan.gani@globalrealestate.org Hotel HYATT REGENCY WARSAW 23 Belwederska Avenue, Warsaw, , Poland GRI Preferential Room Rates. (Direct bookings only, not through travel agents) Quote Ref: GRI directly with hotel when booking. Please book directly with the hotel. Lodging costs are not included in conference fees. An allocation of bedrooms is being held for GRI attendees at a negotiated rate (subject to availability and not available through travel agents). To book your accommodation please download the hotel booking form from the GRI website, complete and or fax directly to Hyatt Regency Warsaw. Tel Fax Visa Please note a visa may be required to enter Poland for the event. A formal letter of confirmation from GRI to assist with visa application is available upon request. Please contact rupa.patel@globalrealestate.org for further assistance. Inquiries & Further Information: FOR PROGRAM OPPORTUNITIES CONTACT: Ronny Gotthardt Managing Director Tel: ronny.gotthardt@globalrealestate.org FOR MEDIA & PARTNERSHIPS CONTACT: Olga Giles Senior Marketing Manager Tel: olga.giles@globalrealestate.org MAIN OFFICE: 511 Avenue of the Americas - Suite 4100, New York, NY 10011, USA EUROPEAN OFFICE: 10 Melton Street, London, NW1 2EB, UK FOR GENERAL EVENT ENQUIRIES CONTACT Tel

17 BUILD YOUR GLOBAL NETWORK. BUILD YOUR BUSINESS. INDIA GRI2013 BRAZIL GRI2013 New Europe GRI2013 RUSSIA GRI2013 TÜRKĞYE TURKEY GRI2014 INDIA GRI 2013 Mumbai, 3-4 October RUSSIA GRI 2013 Moscow, October BRAZIL GRI 2013 Sao Paulo, 5-6 November NEW EUROPE GRI 2013 Warsaw, 3-4 December TURKEY GRI 2014 Istanbul, January THE GRI EUROPE CHAIRMEN S RETREAT 2014 DEUTSCHE GRI2014 ASIA GRI2014 LATIN AMERICA GRI2014 BRITISH GRI2014 THE GRI EUROPE CHAIRMEN S RETREAT 2014 St. Moritz, January BRITISH GRI 2014 London, April DEUTSCHE GRI 2014 Frankfurt, 7-8 May ASIA GRI 2014 Singapore, May LATIN AMERICA GRI 2014 Miami, May AFRICA GRI2014 GRI EUROPE SUMMIT 2014 CHINA 2014 GRI WORLD SUMMIT GRI2014 MIDDLE EAST GRI2014 AFRICA GRI 2014 Nairobi, June GRI EUROPE SUMMIT 2013 Paris, September CHINA GRI 2014 WORLD SUMMIT GRI 2014 MIDDLE EAST GRI 2014 GRI meetings provide a forum for the world s leading real estate players to develop valuable relationships, find new business partners, and strengthen their global networks. At GRI meetings there are no speakers or panellists, just informal discussions in small groups, where everyone participates equally. If building close relationships with the driving elite of the real estate industry at the most senior levels can be useful, we welcome you to join us. Global Real Estate facebook.com/globalrealestate.org info@globalrealestate.org Tel: Fax:

18 gold sponsor bronze sponsors industry partners media partners