The 10th annual CEE Prague 1-2 June Prague Marriott Hotel Central & Eastern Europe's Most Senior Real Estate Investment Meeting p r e v i o u s l y N e w E u r o p e G R I International equity Debt financing Residential Offices Industrial Retail Logistics Hotels Regional spotlights
Connecting Real Estate Leaders Not Your Typical Conference Finding the right partners and investments can be difficult, expensive and time consuming. That s why senior decision-makers find GRI meetings so useful. GRI s closed-door discussions enable you to interact with everyone in the room. Quickly find the right partners for your business, build high value relationships, and continue the conversation afterwards. Highlights INVESTMENT DESTINATIONS ASSET CLASSES DEBT & EQUITY MARKETS Czech Republic Poland SEE Offices, industrial & logistics Retail Hotels International capital Investment vehicles & platforms Debt financing 2 ÁRPÁD TÖRÖK CEO TriGranit Development Corporation Hungary CHRISTOPHER ZEUNER MD CEE Acquisitions LaSalle Investment Management Czech Republic CLAUDIA AUSTEN Head of Asset Management CEE, Austria, Swizlerland Pramerica Real Estate Investors Germany DIRK ADRIANSSEN MD of Central Europe & Switzerland Redveco Switzerland HENRY MORRIS Director AMSTAR USA JEAN-FRANCOIS OTT Chairman Ott Properties Luxembourg JORGE PEREZ DE LEZA Europe Grupo Lar Spain LOGAN SMITH Chief Investment Officer P3 Logistic Parks Czech Republic
Welcome Seniority of a Boardroom. Intimacy of your living room. We are delighted to be in Prague for the first time. After nine years as 'New Europe GRI', the 10th annual event is reincarnated as 'CEE GRI'. We're pleased to share with you the programme, which you can peruse on the following pages. Robert Marten CEE GRI provides the year's most important opportunity for international investors to seek CEE product and meet local partners. And to shine a spotlight on the hottest assets classes, investment platforms and debt providers. Of course, there are no speakers. There are no presentations. And there are no panels. Instead, just small group discussions where everyone participates. Henri Alster Whether you are a GRI newcomer or veteran, we look forward to meeting you in Prague. Robert Marten GRI Global Real Estate Institute Henri Alster Chairman GRI Global Real Estate Institute MARIAN HERMAN MD, Head of Investment Management & Divestments HB Reavis Group Slovakia MARIE PASSBURG President of the Board Skanska Property Czech Republic MICHAEL ABEL Principal TPG Capital UK MICHAL KRAMARZ Head of Retail, Finance & Tourism Google Poland Olivier Gerard-Coester Board Member Mayland Real Estate Poland PATRICK DELCOL CEO, Central & Eastern Europe BNP PARIBAS REAL ESTATE Poland PATRICK ZEHETMAYR MD, Head of Division Erste Group Immorent Austria PAVEL TRENKA Group CEO HB Reavis Group Slovakia 3
Discussion Agenda HOW DO GRI EVENTS WORK? GRI events are unlike anything you've attended before. There is no stage, there are no presentations and there are no panels. Instead, there are simultaneous small group discussions. WHY DOES THE DISCUSSION FORMAT WORK SO WELL? You can quickly and efficiently identify partnership and investment opportunities from a room full of decisionmakers ready to do business. The format here is much more interesting. An active discussion where you can participate I attend real estate events of all sorts, different formats, and many different geographies around Europe and around the world. The GRI is unique, and has a special place in my calendar Bernd Knobloch - Non-Executive Director, Palatium Investment Management Struan Robertson - Ex-Global Co-Head, Morgan Stanley Real Estate IB Event at a glance 1 June Monday (from 1pm) Discussions (from 2pm) DEBT & EQUITY (room 1) ASSET CLASSES (room 2) REGIONAL FOCUS (room 3) Investment Conditions Residential Czech Republic International Capital Industrial, Logistics & E-commerce Offices in CEE Drinks reception Networking Dinner (see page 9) 2 June Tuesday (from 9 am) Keynote address (see page 5) Debt Financing SEE Investment Vehicles & Exit Strategies Retail Distressed & Opportunistic Offices in Poland Farewell Drinks 4 All material throughout this brochure is subject to change without notice.
Discussions INVESTMENT CONDITIONS Are CEE markets core, core plus or opportunistic? DIRK ADRIANSSEN of Central Europe & Switzerland Redveco Switzerland Piotr Goździewicz Director, Capital Markets CEE BNP Paribas Real Estate Poland INTERNATIONAL CAPITAL What s it chasing? DAVID BRODERSEN Chief Operating Officer Bielany Project Management Poland BEN MAUDLING Palmer Capital Czech Republic KEYNOTE CEE to outperform Western Europe? Peter Brezinschek Head of Raiffeisen Research Raiffeisen Bank International Austria HENRY MORRIS Director AMSTAR USA MARILENA VUIU Senior Banker, Property & Tourism EBRD UK PATRICK ZEHETMAYR MD, Head of Division Erste Group Immorent Austria CHRISTOPHER ZEUNER CEE Acquisitions LaSalle Investment Management Czech Republic Dirk Adrianssen Piotr Goździewicz Henry Morris Marilena Vuiu David Brodersen Ben Maudling Patrick Zehetmayr Christopher Zeuner Keynote DEBT & EQUITY DEBT FINANCING Who are the most competitive lenders? DOROTA FILANT Director of Representative Office Warsaw WestImmo Poland LENKA KOSTROUNOVÁ Director of Real Estate CSOB Czech Republic ONDREJ PLOCEK Member of the Board Passerinvest Group Czech Republic MARTIN SCHLICHTING VP & Head of International Clients and Cross Border Finance Erste Group Immorent Austria Dorota Filant Lenka Kostrounová Ondrej Plocek Martin Schlichting All material throughout this brochure is subject to change without notice. 5
Discussions INVESTMENT VEHICLES & EXIT STRATEGIES How to get in, when to get out? DEBT & EQUITY MARIAN HERMAN MD, Head of Investment Management & Divestments HB Reavis Group Slovakia EWA SZAFRANSKA CEE Balmain Asset Management UK OPPORTUNISTIC & DISTRESSED - Where do the yield hunters head next? JUST ADDED!* *To join, contact robm@mygri.com INNA ZHURANSKAYA Krestco Cyprus ALAN VINCENT CONVERGENCE Hungary Marian Herman Ewa Szafranska Alan Vincent Inna Zhuranskaya RESIDENTIAL Are the returns worthwhile? ASSET CLASSES ROBERT DAVIES CEO Arendon Development company Czech Republic Dr. IRENA HERBST Chairman of the Board Fundacja Centrum PPP Poland BARTOSZ MYSIORSKI Chief Specialist In PPP Fundacja Centrum PPP Poland JORGE PEREZ DE LEZA Europe Grupo Lar Spain DIMITAR SAVOV CEO BLD Asset Management Bulgaria INDUSTRIAL, LOGISTICS & E-COMMERCE Will proximity to Europe outweigh wage growth to keep investment in CEE? Robert Davies Dr. Irena Herbst Bartosz Mysiorski Jorge Perez De Leza Dimitar Savov LOGAN SMITH Chief Investment Officer P3 Logistic Parks Czech Republic MICHAL KRAMARZ Head of Retail, Finance & Tourism Google Poland RAIMUND PAETZMANN Director, Real Estate EMEA Amazon EU S.a.r.L. Luxembourg Petr Panek Partner White & Case Czech Republic REMON VOS CEO CTP Invest Czech Republic Logan Smith Michal Kramarz Petr Panek Remon Vos 6 All material throughout this brochure is subject to change without notice.
Discussions RETAIL Where are the potential hotspots? CLAUDIA AUSTEN Head of Asset Management CEE, Austria, Swizlerland Pramerica Real Estate Investors Germany FABRICE BANSAY CEO Apsys Polska Poland Olivier Gerard-Coester Board Member Mayland Real Estate Poland RAFAL PASZKIEWICZ CDO Atrium Poland Real Estate Management Poland David Sharkey Chairman of the Board Caelum Real Estate Asset Management Poland MICHAL SIWEK Partner Magnusson Poland ÁRPÁD TÖRÖK CEO TriGranit Development Corporation Hungary Claudia Austen Fabrice Bansay Olivier Gerard-Coester Rafal Paszkiewicz David Sharkey Michal Siwek ASSET CLASSES Árpád Török OFFICES IN POLAND Oversupply in Warsaw? Opportunity in the regions? MICHAEL ABEL Principal TPG Capital UK PATRICK DELCOL CEO, Central & Eastern Europe BNP PARIBAS REAL ESTATE Poland PIOTR KRAWCZYNSKI, Member of the Board KULCZYK SILVERSTEIN PROPERTIES Poland HENRYK LISZKA CEO Hochtief Polska Poland BRENDAN LONG Head of Corporate Property Finance Department Bank Zachodni WBK Poland MATEUSZ SIEJKA Palmer Capital Poland Poland Michael Abel Patrick Delcol Piotr Krawczynski Henryk Liszka Brendan Long Mateusz Siejka ASSET CLASSES / REGIONAL FOCUS All material throughout this brochure is subject to change without notice. 7
Discussions ASSET CLASSES / REGIONAL FOCUS SOUTHEASTERN EUROPE A gap between risk perception and reality? YANNIS DELIKANAKIS Partner Bluehouse Capital Luxembourg DAVID HAY CEO AFI Europe Romania Romania CLAUDIA PENDRED Director, Property and Tourism EBRD UK CLEMENS SCHRANZ Soravia Serbia Serbia LORENZ TRAGATSCHNIG Romania Soravia Real Estate Development Austria IOANNIS XANTHOPOULOS Head of Asset Management Bluehouse Capital Luxembourg Yannis Delikanakis David Hay Claudia Pendred Clemens Schranz Lorenz Tragatschnig Ioannis Xanthopoulos OFFICES IN CEE Where are the best opportunities outside of Warsaw? MARKUS KUTTNER Head of Asset Management CEE CA Immobilien Austria MARIE PASSBURG President of the Board Skanska Property Czech Republic RADIM RIMANEK Member of The Board of Directors HB Reavis Group Slovakia Dr. EDGAR ROSENMAYR /Member of the Board, CEO-MRICs KULCZYK SILVERSTEIN PROPERTIES Poland PAVEL TRENKA Group CEO HB Reavis Group Slovakia Marie Passburg Radim Rimanek REGIONAL FOCUS CZECH REPUBLIC Flash in the pan or more big deals to come? Dr. Edgar Rosenmayr Pavel Trenka DORON KLEIN CEO, AFI Europe Czech Republic & Germany AFI Czech Republic JEAN-FRANCOIS OTT Chairman Ott Properties Luxembourg RADIM PASSER Chairman Passerinvest Group Czech Republic RAMON SPOLADORE Head of Investments and Asset Management CEE Generali Real Estate Czech Republic Czech Republic Doron Klein Jean-Francois Ott Radim Passer Ramon Spoladore 8 All material throughout this brochure is subject to change without notice.
GRI Networking Dinner Join the NETWORKING DINNER Our networking dinner will be hosted at the Oblaca restaurant, just a short walk from the Marriott Prague hotel. The restaurant represents a unique combination of modern cuisine with beautiful views across the city, allowing you to catch up with those you may have missed during the day and relax with a drink in hand. The evening will begin with aperitifs at19:00, following the drinks reception at the CEE GRI event. OBLACA Restaurant Tower Park Prague Mahlerovy sady 1 130 00 Praha 3 Czech Republic Dinner is open to registered Co-Chairs, delegates and their spouses. Spouse seats are chargeable and are welcome to join aperitifs from 19H00. Dinner entry: 100 per person* Itinerary: 17.45 Networking Drink Reception (following GRI Discussions) at Marriott Hotel 18.30 Transport from Marriott Hotel to Oblaca Restaurant 19.00 Dinner *This includes a three-course meal with wine, beer, water and soft drinks. Spirits, liqueurs and more extravagant items will be charged separately by the restaurant. How to sponsor: Tsvetelina Zapryanova International Project Director Tel: +44 207 121 5082 tsvetelina.zapryanova@globalrealestate.org All material throughout this brochure is subject to change without notice. 9
Sponsors It s great networking. It s quite a nice way of getting to know people in a non-threatening manner, building up a relationship from there and continuing to do business after. Dean Hodcroft - Head of RE for UK & Ireland, Ernst & Young Bronze SPONSOR Bronze SPONSOR www.magnussonlaw.com Founded in 2004, Magnusson was established in three countries at the same time, in Poland, Denmark and Sweden. The office in Warsaw has been in operation since 2001 and it is a founding office of Magnusson. Traditionally, the firm s main focus has been on the real estate sector. Today, the Warsaw office is one of two largest Magnusson offices with a total of 28 lawyers including 9 partners. More than one third of the team is dedicated to real estate related projects. The real estate practice is recommended by Chambers Europe 2014 and The Legal 500 EMEA 2014. Michał Siwek - Partner Tel: +48 22 55 27 555 michal.siwek@magnussonlaw.com White & Case's real estate groups advise domestic and foreign developers, owners, private and institutional investors, lenders and underwriters on significant domestic and cross-border transactions involving the purchase, sale, financing, construction, development, ownership, management and operation of and investment in all types of real estate asset classes, including office, residential, retail, mixed-use, hotels and resorts, data centres, industrial and undeveloped land. Petr Panek - Partner Tel: +420 2 55 771 202 ppanek@whitecase.com www.whitecase.com BECOME A SPONSOR GRI s relaxed and intimate environment is unique. For a sponsor, it creates an excellent opportunity to: Demonstrate knowledge Raise awareness Build meaningful relationships Generate new business SPONSORSHIP OPPORTUNITIES INCLUDE: Co-Chairing Packages: Sponsors can join the programme as a Discussion Co-chair, featuring your senior executive on materials; enhancing their personal brand. Moderating Chair Packages: As a Moderating Chair you can make prior contact with your supporting Co-chairs, set the scene for the discussion with a short introduction, and steer the conversation as you see fit. Hospitality Packages: The GRI Networking Area: There are networking breaks in between each discussion where our members cement their friendships over refreshments. Sponsorship of this area is available. The GRI Lunch & Drinks Reception: Sponsorship of the key networking events is a great way to stand out from crowd. Please contact: Tsvetelina Zapryanova International Project Director Tel: +44 207 121 5082 tsvetelina.zapryanova@globalrealestate.org 10
The 11th Annual DEUTSCHE Frankfurt 6-7 May Germany s most senior level real estate investment meeting Discussion Co-chairs include: Program highlights: Core+, Manage-to-Core, Value ad: Alternative investments = greater returns? Retail properties: Which fare better and which worse in next 10 years? Michael Abel Principal TPG Capital Anne Braun MD - Europe Dream Global Advisors Germany Sebastian-Dominik Jais Partner Apollo Global Management, LLC Mark Ennis Head of Acquisitions Deutsche Annington Immobilien Senior Debt: What strategies to stop compressing margins? Risks in German Real Estate: Underestimated, unpredictable or under control? Redeveloping / Repositioning: Which concepts create value? Financing and Capital Markets: Are bonds replacing bank lending? Jenny Hammarlund Investment Professional Varde Partners Henrie Kötter CIO & ECE Projektmanagement visit website for all attendees Alexander Koblischek RFR Holding GmbH Thomas Wiegand Cerberus Office: Still better value in B and C cities? Residential transactions: A, B, C in Germany or further afield? Big Picture Asset Management Capital Markets Investment & Development Sectors Ronny Gotthardt +44 20 7121 5081 ronny.gotthardt@globalrealestate.org www.globalrealestate.org/deutsche2015 11
GRI EUROPE SUMMIT 2015 The 18th Annual Paris 10-11 september incorporating France GRI 2015 Selection of last year's participants Robert Harper Snr MD, RE Debt Strategies Blackstone UK Nadra Moussalem Principal and Co Head, Europe Colony Capital France Wolfgang Behrendt Deka Immobilien Investment Germany Rob Reiskin MD & Co-Head of Europe Heitman UK Christopher Taylor CEO - Real Estate Hermes Real Estate UK Van Stults Founding Partner & MD Orion Capital Managers UK Paul Brundage EVP, Senior MD - Europe Oxford Properties UK Stéphane Jalbert PSP Investments Canada Peter Winstanley President, France TIAA Henderson Real Estate France Christoph Schumacher Management Board Union Investment Institutional Property Germany 18 years track record 450+ exclusively senior-level participants Sector experienced co-chairs in the program 25+ countries represented by attendees Regional spotlights 40+ discussions covering the hottest topics including: Big Picture Core Financing Opportunistic Investment French Real Estate Market Markets Sectors Foreign investors New developments... 12 James Balen +44 20 7121 5076 james.balen@globalrealestate.org www.globalrealestate.org/europe2015
CEE GRI 2015 registration form REGISTER online www.globalrealestate.org/cee2015/registration Alternative ways to register Email Scan & email this form to: registrations@globalrealestate.org Fax Tear out & fax this form to: +44 20 7388 8740 Tel Call & talk to us on: +44 20 7121 5060 REGISTRATION DETAILS REGISTER BY 27 March & SAVE UP TO 600 Mr/Mrs/Dr First Name MIDDLE NAME CEE GRI 2015 Prague, 1-2 June Delegate group per person * Discussion (Co-)Chair* Surname NICKNAME Advance Saver Before 27 Mar 2,575 2,275 2,275 position/job title tel Early Bird Rate Before 17 Apr Standard Rate After 17 Apr 2,675 2,875 2,475 2,675 2,675 2,875 Email Dinner Rate Dinner is open to registered Co-Chairs, delegates and their spouses only. 100 per person Number of dinner tickets: 1 2 (with spouse) spouses name: company Fee for payment methods other than credit card* No fee applicable for credit card payments Fee for onsite payment (credit card or cash only)*: 75 125 assistant ASSISTANT Tel * Refer to registration notes on the second page. ASSISTANT email Address PAYMENT DETAILS A receipt will be returned. Please Tick q Transfer q (+ 75.00) cheque q (+ 75.00) credit/debit card (please fill in mandatory fields*) ref: BR *Name on Card City State/province/county *Card Number *Expiry Postcode Country Division s web address (ex: www.company.ext/division...) *(1)CSC/CVV *Signature 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 (1)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. 13
registration notes Admission & Cancellation Policy Registrations are for the full duration of the event and are not divisible into individual days or any other fraction of the full event. Registrations are not divisible amongst participants. Delegate fee must be paid in full prior to conference or admission is regrettably not possible. We don t authorise any third party websites to process registrations on our behalf. Confirmation will be sent on receipt of payment. If you have not received confirmation within 7 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 17th April 2015. 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. Hotel Prague Marriott Hotel ***** V Celnici 8 Prague, 110 00 Czech Republic GRI Preferential Room Rates. (Direct bookings only, not through travel agents) Quote Ref: DFRDFRA directly with hotel when booking. 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 contact the hotel directly on: +420 2 2288 8822 or prague.reservations@marriotthotels.com to reserve your room. www.marriott.com Visa Please note a visa may be required to enter Czech Republic for the event. A formal letter of confirmation from GRI to assist with visa application is available upon request. Please contact jenna.read@mygri.com for further assistance. Inquiries & Further Information: FOR Program OPPORTUNITIES CONTACT: Rob Marten Tel: +44 20 7121 5088 Email: robert.marten@globalrealestate.org For Media & Partnerships Contact: Catarina Almeida Marketing Manager Tel: +44 20 7121 5069 Email: catarina.almeida@globalrealestate.org www.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 +44 20 7121 5060 14
Upcoming GRI Events 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. ASIA GRI LOTEAMENTOS & COMUNIDADES PLANEJADAS2015 TÜRKİYE TURKEY 2015 GRI AFRICA BRITISH DEUTSCHE Turkey gri 2015 Istanbul, 20-21 April africa GRi 2015 Johanesburg, 21-22 April asia gri 2015 Singapore, 22-23 April British GRi 2015 London, 28-29 April GRI Residential brazil 2015 São Paulo, 28-29 April deutsche GRi 2015 Frankfurt, 6-7 May GRI Loteamentos & Comunidades Planejadas 2015 Sao Paulo, 19-20 May CEE CHINA GRI EUROPE SUMMIT 2015 RUSSIA ITALIA GRI 2015 ESPAÑA EspaÑa GRI 2015 Madrid, 20-21 May CEE GRI 2015 Prague, 1-2 June Shopping Brazil GRI 2015 São Paulo, 16-17 June China GRI 2015 Shanghai, 3-4 September gri europe summit 2015 Paris, 10-11 September russia gri 2015 Moscow, 30 September-1 October Italia GRI 2015 Milan, 3-4 November GRI COLOMBIA 2015 GRI Colombia 2015 Bogota, 4-5 November INDIA india gri 2015 Mumbai, 18-19 November MENA MENA GRI 2015 Dubai, 23-24 November Deutsche GRI Wohnen2015 Deutsche GRI Wohnen 2015 Berlin, 25-26 November 2015 GRI LATIN AMERICA HOTELS & TOURISM GRI LatAM Hotels & Tourism 2015 Cancun, Mexico, November GRI CHAIRMEN S RETREAT 2016 GRI Chairmen's retreat 2016 St Moritz, 14-17 January MEXICO GRI2016 Mexico GRI 2016 coming soon Global Real Estate Institute @RealEstateGRI facebook.com/globalrealestate.org www.globalrealestate.org info@globalrealestate.org Tel: +44 20 7121 5060 Fax: +44 20 7388 8740 15
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