GLOBAL REAL ESTATE: WHERE DOES THE SMART CAPITAL

GLOBAL REAL ESTATE: WHERE DOES THE SMART CAPITAL FLOW?
Presented by
March 26, 2015
The Ritz-Carlton New York, Battery Park
Agenda
8:30 a.m.
Registration and Continental Breakfast
9:30 a.m.
Welcome and Opening Remarks
Morning Keynote Address: Foreign Investment in Real Property Tax Act of 1980 (FIRPTA)
• Ryan McCormick, Vice President and Counsel, Real Estate Roundtable
10:00 a.m.
Session 1: The Big Picture
This session provides an overview of the global economic climate and the various real
estate markets: direct, indirect and the market for real estate capital. We seek to highlight
current and future trends as well as the macroeconomic challenges and opportunities for
global real estate investors.
Moderator: Dr. Tom Geurts, Professor, The George Washington University School of
Business
Panelists:
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11:00 a.m.
Matthew Bronfman, Chief Executive Officer, Jamestown LP
Richard Corrigan, Board Member, VIVA Group and Ex-director, OPIC
Kai-yan Lee, Managing Director/Chief U.S. Representative, China Vanke Co., Ltd.
Andrew Scandalios, Senior Managing Director and Co-Head, HFF
Session 2: Global Capital Flows
Although real estate is local, the capital being invested in it has truly become a global
phenomenon. In this session, the panelists will analyze these real estate capital flows by
examining current trends and discussing the implications for capital providers, portfolio
managers and developers.
Moderator: Robert White, Founder and President, Real Capital Analytics
Panelists:
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Thomas Blumenthal, Managing Director and Co-Head of Private Investment Group,
Baupost
Christopher Ludeman, Global President Capital Markets, CBRE
Glenn Myles, Chairman and Chief Executive Officer, First Wall Street Capital
Hans Op ‘t Veld, Head of Listed Real Estate, PGGM Investment
12:15 p.m.
Networking Lunch
1:30 p.m.
Keynote Speakers
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2:00 p.m.
Edward Forst, President and Chief Executive Officer, Cushman & Wakefield
Guy Metcalfe, Managing Director and Chairman, Global Real Estate Investment
Banking, Morgan Stanley
Session 3: Investing in Emerging Asian Real Estate Markets
Investing in emerging real estate markets comes with a unique set of idiosyncratic risks, which
need to be managed to be successful, but brings also tremendous opportunities. In this session
the panelists discuss this topic as it pertains to a select number of Asian countries.
Moderator: Dr. Reid Click, Director, Center for International Business Education and Research,
The George Washington University
Panelists:
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3:00 p.m.
Shishir Baijal, Chairman and Managing Director, Knight Frank India
George Faux, Senior Partner, International Advisory Partners
John McAdams, Chief Executive Officer, Exworks Capital
Session 4: Valuation and Management
As the previous sessions have made clear, markets around the world have their own rules
about real estate valuation and management practices. It is crucial for real global real estate
investors to understand these nuances, which will be discussed in more detail in this
session.
Moderator: Neil Shah, Managing Director of Royal Institution of Chartered Surveyors
(RICS) Americas
Panelists:
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John Busi, Chief Executive Officer, Global Valuation & Advisory, Cushman &
Wakefield
Richard Kalvoda, Senior Executive Vice President, Valuation & Advisory, Altus
Group
Jay Marling, Chief Executive Officer, Capright
4:00 p.m.
Session 5: Global Real Estate Development Opportunities
The final session provides the audience with first-hand insights from local specialists about
the important real estate markets around the globe. Market-specific opportunities and
their associated risks will be discussed.
Moderator: Dr. Ingo Holz, Technical University of Berlin/BEOS
Panelists:
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Lorenzo Berho, Chairman and Chief Executive Officer, Vesta
David Falk, President, Newmark Grubb Knight Frank
Stephen Muller, Chief Investment Officer, Kuafu Properties
Robyn Waters, World President, FIABCI
5:00 p.m.
Closing Remarks
5:30 p.m.
Reception (in conjunction with FIABCI-USA, the International Real Estate Federation)
Co-sponsored by:
Media Sponsors: