Organised by Iberian.Property, the event will bring together approximately a hundred decision makers in the global real estate investment community, including representatives from some of the largest real estate fund managers, hedge funds, pension funds, banks and other European and American institutional investors. CBRE Global Investors, Meyer Bergman, AXA Investment Managers, H.I.G European Capital Partners and Schroders, are just a few examples of the global «giants» that have already confirmed their attendance.
Aiming to «unlock the potential of the Iberian property investment market to the international community», the Iberian Property Summit will take place at the Hyatt Regency London – The Churchill and “intends to meet the growing interest of investors who are closely watching Iberia as an essential ‘must go’ destination in their strategic plans, but who want to find out more about Spain and Portugal, to get to know the different local realities up close and be in touch with a wide range of insights from experts who already have a Pan-Iberian presence”, explains the director of Iberian Property, António Gil Machado.
Thus, the event’s first edition is presented in London with the dual objective of providing the international investment community with valuable information about this market and giving the opportunity to meet the key players in the industry.
«Luxury» program reveals the potential of a market valued at € 10 billion
Consolidating a «luxury» agenda that includes the participation of some of the most prominent players making headway in Iberia, the event takes off at 9am. The program will run for the whole day, addressing structuring themes regarding the attraction of investment to the region, among which are the competition between the region’s principal cities, the origin and profile of the most active investors, as well as the most appealing segments and opportunities in the sector.
The opening conference will be led by the chairman of the event, a name that is well-known in the international investment community: Rupert Nabarro who, we recall, was the founder of IPD, which today is a part of MSCI Real Estate.
Next in line is Daniel LaCalle, one of the 20 most influential economists in the world (Richtopia ranking) and a leading name in the European investment fund management panorama. During approximately one hour, the Spanish economist will share his diagnosis of the current state of the Iberian macroeconomic fabric, forecasting how it is expected to evolve in the near future, focusing especially on the performance predicted for the property sector.
Returns, returns.... What shall we expect?
With Iberian commercial real estate transactions amounting to approximately € 10 billion in 2016 and generating returns of 13.6% (according to MSCI), analysts and investors have high expectations for 2017. Although forecasts predict that these indicators will continue to rise, a set of factors that may alter this scenario must be taken into account, as will be explained in the first panel of the Iberian Property Summit.
Titled «Returns, returns.... What shall we expect?», this discussion will include contributions by Malcolm Hunt, Executive Director of MSCI and Simon Mallison, Executive Managing Director of Real Capital Analytics. An investors round table will follow, moderated by Mikel Marco Gardoqui, Head of Capital Markets and Executive Director, CBRE Spain, and including Javier Hortelano, Managing Director & Partner of Catella Asset Management; Pedro Coelho, Chairman of Square Asset Management, and Paulo Sarmento, Principal at Meyer Bergman.
Effects of Brexit on Iberian real estate will be brought to discussion
A year after the referendum that decided Britain’s exit from the European Union, there are still many doubts regarding the effects of Brexit on the property market. Therefore, beginning at 4:30pm, Andrew Knight, Head of City Engagement at RICS, will join Antonio Simontalero, Head of Investment Operations Iberia of CBRE Global Investors, Greg Mansell, Head of Research at AXA Investment Managers and Jeremy Marsh, Real Estate Research Analyst of Schroders, on the stage to debate «The effect of Brexit in Iberia as investment destination».
Before this, and to launch the afternoon program, all the attention in the room will be focused on the issues of «Governance, compliance and transparency» in Iberian real estate, with a panel that will include, among others, the participation of Diego Armero, partner of Uría Menendez, and which will end with a round table moderated by Tim Kesseler, Analyst Investor Outreach at EPRA - European Public Real Estate Association, and including Juan Velayos, CEO, Neinor Homes, Cristina García-Peri, General Manager of Hispania and Carmina Ganyet, Corporate Managing Director of Colonial in the discussion.
The closing conference shall take place at around 5:30pm and will be led by Rupert Nabarro.
International support provides a «seal of quality and confidence»
From the outset, the Iberian Property Summit has received support from the main associations and bodies that mobilise real estate investment on a global, European and national scale, providing a seal of quality and confidence recognised by every professional in this industry. RICS – Royal Institution of Chartered Surveyors, EPRA – European Public Real Estate Association and ULI – Urban Land Institute, are just some examples of the leading international names included in this category, reinforced by various Iberian heavyweights, namely: ASPRIMA – Asociacíon de Promotores Inmobiliarios de Madrid, ACI – Asociacion Española de Empresas de Consultoria Inmobiliaria, APFIPP – Associação Portuguesa dos Fundos de Investment, Pensões e de Património and APPII – Associação Portuguesa dos Promotores e Investors Imobiliários.
CBRE and the law firm Uria Menendez are sponsors of the Iberian Property Summit.
What and where are the best opportunities? Parallel Discussions
Before investing, one of the questions that arise is: what and where are the best opportunities in Iberia? In order to provide an answer, the organisation divided two parallel discussions between the morning and afternoon sessions, where six experts will present in detail the realities of the Madrid, Lisbon and Barcelona markets, as well as the most appealing opportunities for core investors, added value & opportunistic investors, and NPL & Debt.