EUROPE

Real Estate Investment & Development

Across Europe
GRI
SUMMIT
English & French Program
Programme français et anglais

Paris 15-16 September

2009
Eric Adler Robert Balick Francois Bertière Dr. Daniel Buaron Philippe Camus Fabio Carlozzo Jeppe de Boer
Tishman Speyer CarVal Investors BOUYGUES IMMOBILIER First Atlantic Real Estate Shaftesbury Asset Management AMPLUS ITALIA Renaissance Capital

TOTAL THE BIG PICTURE

Innovate or stagnate - the future of innovation in real estate?
Le paradoxe de l’immobilier - à l’origine de la crise et valeur refuge

REAL ESTATE
Asset Management – new strategies required?
Credit crisis – what long term effects in Europe?

INVESTOR | DEVELOPER PROGRAM

Private Equity – will fund raising be different?
Développement durable et immobilier - font-ils bon ménage?
Real Estate Portfolios - what strategies in a downturn?
Commercial real estate in Europe – steps to recovery?

CAPITAL MARKETS PROGRAM

Ongoing updates at Financing structures in distress - what can be done?
www.mygri.com/europe Debt financing – when an end to the drought?
Banquiers et investisseurs – vers un nouveau chemin commun?
Equity Financing – new sources on the horizon?

REGIONAL PROGRAM
Nordic opportunities – confused, distressed, holding steady?
US Investing – where are the opportunities?
Emerging Europe | Russia - is the worst over?
Investissements en France - coup de frein?

The GRI invites senior industry leaders INDIRECT INVESTORS PROGRAM

that might find it useful to (co-)Chair Distressed Assets & Debt – windfall of opportunities?
a discussion at a GRI event to contact Standards in Property Valuation – are fair values truly fair?
Henri Alster, GRI Chairman. Lessons from the crisis – does fund management have to be revised?
Le paradoxe de l’immobilier - à l’origine de la crise et valeur refuge
henri.alster@globalrealestate.org
...and many more

Philip B. Gaillard Jim Garman Olivier Gerard-Coester Carla Giannini Hendrik HC Gienow Elliot Glausiusz Dean Hodcroft
HRO France Goldman Sachs Groupe Apsys Credit Suisse Eurohypo MGPA Ernst & Young
 BIENVENUE

Maximilien de Wailly Laurent Diot Laurent Dumas Jacques Ehrmann Martin Erbe Cesare Ferrero David Flusberg
DB RREEF Nexity EMERIGE Groupe Casino WestImmo INPARTNER Adama

BIENVENUE
The mission of discussion chairs at the GRI is not to talk
but to make others talk, engage and connect.
Comme toujours ces 15 et 16 Septembre prochains, le Sommet Annuel du GRI 2009 rassemblera,
au plus haut niveau, les acteurs principaux qui décident le marché, en France comme en Europe.

WELCOME
Plus de quarante discussions, ou tous participent de manière égale, sont au programme, en Français comme en Anglais.

Group discussions, each masterinded by leading industry players, get everybody to talk to one another
in collegial small groups devoid of ‘selling’ pressure. Self-promotion is prohibited.
Florentina Freise

The “Eurohypo Cafe” for those who prefer quiet one-on-ones, are ideal settings to schedule appointments,
to catch up with old friendships and initiate new ones.

Si nouer des relations avec les puissances suprêmes du marché peut vous être utile,
nous serons ravis de vous accueillir au Sommet Annuel de l’industrie immobilière européenne.

We look forward to welcoming you.

Henri Alster

Florentina Freise Henri Alster

Director, GRI Europe Summit - Deutsche GRI Chairman,
GRI – Global Real Estate Institute GRI - Global Real Estate Institute.

Thomas Hoeller Natalie Howard Kari Inkinen Zubin Irani Douglas Kirkman Bernd Knobloch Barbara Knoflach
Pramerica Real Estate Investors Lehman Brothers Sponda Westbrook Partners Blackstone Group Hypo Real Estate SEB Asset Management

All material throughout this brochure is subject to change without notice.

Michel Koch Kamil Kosman Manuel Lagares Aref H. Lahham Robert Laurence Jean Lavieille Peter D Marano
DekaBank Ceska sporitelna / Erste Group Bank Neinver Orion Capital Managers Resolution Property AEW Europe GEMINI COMMERCIAL INVESTMENTS

... For those who think the opportunity to schedule

personal meetings with so many of the industry’s
best and brightest is too good to pass up...

Schedule your appointments early...

Paul Raingold Peter Reilly Dr. Edgar Rosenmayr Gregory Rush Massimo Saletti Dr. Ludek Sekyra Andrew Smith
Générale Continentale Investissements JP MORGAN Immoeast Dune Capital Management Deutsche Bank Sekyra Group ABERDEEN PROPERTY INVESTORS
Michael H Marx Markus Meijer Mike McNamara Chris Morris Julian Newiss Yan Perchet Olivier Piani
Development Securities MEYER BERGMAN RBS Freshfields Bruckhaus Deringer Catalyst Capital Foncière des Murs Allianz Real Estate

TUESDAY 15 SEPTEMBER 2009

 14h00 onwards Check In

Keynote
 15h00 - 18h15 Group Discussions
 18h15 - 19h15 Opening Cocktail Reception risk of inflation & deflation simultaneously
paranoia or rEALITY?
WEDNESDAY 16 SEPTEMBER 2009

 07h30 onwards Check In Philippe D’Arvisenet

 08h30 - 15h45 Keynote, Lunch & global chief economist
Group Discussions BNP paribas france
 15h45 - 16h45 Farewell Drinks

Dress code: Business casual, no tie required

Intercontinental Grand Hotel

Noah Milton Steinberg François Trausch Emmanuel Verhoosel Yuriy Vitrenko Daiana Voicu Dr. Rüdiger von Stengel Ralph Winter
WING GE Real Estate ING Real Estate AMSTAR EUROPE Willbrook Management IVG Investment Corestate Capital
2009 DISCUSSIONS

Innovate or Dean Hodcroft

partner, head of
stagnate real estate for emeia
DISCUSSIONS
Ernst & Young uk
the future of Douglas Kirkman
innovation in managing director
Blackstone Group uk
real estate? Mike McNamara
regional md, head of real estate
capital markets - emea
Dean Hodcroft Douglas Kirkman
RBS uk
Tom Sheehy
managing director
Cape Verde Development
ireland
James Turner
managing director
Balmain Asset Management
uk

Mike McNamara James Turner

Private Equity Fredrik Elwing

managing director
will fund raising Credit Suisse Securities uk

be different? Robert Balick

managing director
CarVal Investors uk
Edward Bates
senior principal, co-head of
real estate
Doughty Hanson france Fredrik Elwing Robert Balick Edward Bates

Christophe G de Taurines
managing director
Capital & Marketing
Group uk
Stanislas Henry
head of business development
CAAM - RE france
Jean Lavieille
deputy cio Christophe G de Taurines Stanislas Henry Jean Lavieille
AEW Europe france
Van J Stults
managing director
Orion Capital Managers uk
Ralph Winter
founder
Corestate Capital
switzerland

Van J Stults Ralph Winter

 2009 DISCUSSIONS

PLEASE NOTE:
GROUP DISCUSSIONS
REQUIRE PRIOR SIGN-UP
Crisis? Antoine Colonna d’Istria
avocat aux barreaux
ON REGISTRATION FORM What crisis? de paris et new york
Freshfields Bruckhaus
new Deringer france
opportunities, Pierre Beckerich
president
new ways? Euragone Asset
Management france
Jean-Christophe Bourreille
Antoine Colonna d’Istria Pierre Beckerich Maximilien de Wailly
european director
LaSalle Investment
Management france
Maximilien de Wailly
managing director
DB RREEF france
Frédéric Fontaine
directeur général
Corio France france
Frédéric Maman
director
Frédéric Fontaine Bernard Penaud François Trausch
AWON france
Bernard Penaud
managing director
Tishman Speyer
Properties France france
François Trausch
managing director
GE Real Estate france

All material throughout

this brochure is subject
to change without notice.
2009 DISCUSSIONS

Debt financing David Ereira

partner
when an end to Linklaters uk
DISCUSSIONS
the drought? Eric Adler
senior managing director
Tishman Speyer uk
Jairaj Amin
md, emei & head of syndication
Hypo Real Estate Bank uk
Daniel Bendavid David Ereira Eric Adler Jairaj Amin
Aeriance france
Thibault Chauvin
md, co-head -
international re finance
Credit Foncier De France
france
Steven Edwards
managing director
JP Morgan uk
Zubin Irani Thibault Chauvin Steven Edwards Zubin Irani
managing principal
Westbrook Partners uk
Gregory Rush
partner
Dune Capital Management
usa
Emmanuel Verhoosel
ceo finance americas, uk &
structured products
ING Real Estate usa
Gregory Rush Emmanuel Verhoosel

RÉSERVATION PRÉALABLE
REQUISE SUR BULLETIN
D’INSCRIPTION
 2009 DISCUSSIONS

European John Slade

managing director - direct
Pas Investment investment emea
DTZ uk
bottom up? Dr. Daniel Buaron
d’orateurs. chairman
First Atlantic Real Estate
Seulement italy
Bernd Knobloch
des member of the
supervisory board
John Slade Dr. Daniel Buaron Bernd Knobloch

Hypo Real Estate germany

groupes de Julian Newiss
chairman
discussions Catalyst Capital uk
Peter Reilly
où tous md, european re,
group head and cio
JP Morgan uk
participent Rahul Sule
Julian Newiss Peter Reilly Rahul Sule

executive director
de manière JP Morgan uk
Joe Valente
égale. head of investment strategy
& research
Allianz Real Estate germany

Joe Valente

Banks Under Peter Denton

md, uk investors &
Pressure financial sponsors
WestImmo uk
systemic failure Natalie Howard
or evolution? managing director
Lehman Brothers uk
Dr. Ulrich Weber
ceo
apellas asset management
Peter Denton Natalie Howard Dr. Ulrich Weber
germany

All material throughout

this brochure is subject
to change without notice.
2009 PROGRAMME FRANCAIS

Rendements Pascal Amann

director
des bureaux Westdeutsche
DISCUSSIONS
ImmobilienBank france
parisiens Raphaël Colombu
que nous dit la head of acquisition france
Commerz Real france
boule de cristal ? RÉmy Gancel
managing director
GE Real Estate france Philip Ward Pascal Amann Raphaël Colombu Rémy Gancel

Aref H. Lahham
managing director &
founding partner
Orion Capital Managers uk
Philip Ward Olivier Piani
managing director, ceo
head of advisory Allianz Real Estate france
Eurohypo uk
Philippe Tannenbaum
uk
Aref H. Lahham Olivier Piani Philippe Tannenbaum

Financements Laurent Dumas

président-directeur général
en France EMERIGE france

le robinet Marc Angelier

finance director europe
coule-t-il assez? Orion Capital Managers
france
Roland Fuchs
general director
Landesbank Hessen - Laurent Dumas Marc Angelier Roland Fuchs
Thüringen, Paris Branch
france
Michel Koch Bruno Girard
managing director country manager, france
DekaBank france SNS Property Finance france
Mounir Hamrouni
director
Westdeutsche
ImmobilienBank france
Bruno Girard Mounir Hamrouni Michel Koch

Développement Nicolas Chambon

president
durable et Socri france

immobilier Benoit Fort

investment manager
font-ils bon GE Asset Management france

ménage ? Didier Lourdin

director of sustainable
development and
transportation Ingrid Nappi-Choulet Francois Bertiere
Établissement public
d’aménagement de La
prof. dr. Ingrid Défense france
Nappi-Choulet
professor Gerald Rios
ESSEC france chairman
GR Groupe france
Francois BERTIÈRE
président- directeur general
Bouygues Immobilier france
Didier Lourdin Gerald Rios
 2009 DISCUSSIONS

Banquiers et Anne-Isabelle Carbonnières

managing director
investisseurs Westdeutsche
No vers un nouveau
ImmobilienBank france
Bertrand Carrez
speakers. chemin commun? head re finance
Natixis france
Renaud Jezequel
director europe, middle east &
india, commercial real estate Frédéric Ciuntu Christophe Ben Naceur Anne-Isabelle Carbonnières Bertrand Carrez
Hypo Real Estate Bank
france
Frédéric Ciuntu
general manager Yan Perchet
ING REF france ceo
Foncière des Murs france
Christophe Ben Naceur
head of real estate Raphaël Tréguier
finance - france managing director
JP Morgan france CeGeREAL france
Renaud Jezequel Yan Perchet Raphaël Tréguier

Investissements Olivier Dontot

real estate investments
en France Bouygues Bâtiment
Ile-de-France france
coup de frein? Philip B. Gaillard
managing director
HRO France france
Pieter Bogaardt Patrick Lesur
president head of corporate
Olympe Capital uk banking france Laurent Diot Olivier Dontot Philip B. Gaillard
Eurohypo france
Laurent Diot
chief financial officer Paul Raingold
Nexity france president
Générale Continentale
Investissements france

Patrick Lesur Paul Raingold

Le paradoxe Jean Doste

de
l’immobilier
à l’origine
de la crise et
valeur refuge
Silke Nadolni
partner
Marccus Partners france
Raphaël Catonnet
directeur général adjoint en
All material throughout charge de l’aménagement
this brochure is subject Établissement public
d’aménagement de La
to change without notice.
Défense france
directeur en charge de la
promotion en régions
Icade france
Edouard Guibert
director
ING Real Estate Finance
france
Olivier Labadie
directeur général Silke Nadolni Raphaël Catonnet Jean Doste Edouard Guibert
Pramerica Real Estate
Investors france
Fabrice Lefevre Sory
business development director
ABERDEEN ASSET MANAGERS
france
Remi Monglon
principal
Benson Elliot Capital
Management uk
Olivier Labadie Fabrice Lefevre Sory Remi Monglon
2009 DISCUSSIONS

Is the Massimo Saletti

md, head of real estate,
deleveraging gaming & lodging, emea
DISCUSSIONS
Deutsche Bank uk
game over Eric Martin
nighty for director, real estate,
gaming & lodging, emea
equity? Deutsche Bank uk
Markus Meijer
ceo
Massimo Saletti Eric Martin
Meyer Bergman uk
Christophe Tanghe
head of corporate strategy
ING Real Estate netherlands

Markus Meijer Christophe Tanghe

Financing Dr. Michael Alberts

partner
structures Orrick Hölters & Elsing
germany
in distress Felix Bauer
what can director
SBRE uk
be done? Manuel Lagares
ceo
Neinver spain
Dr. Michael Alberts Felix Bauer Manuel Lagares
Lloyd E Lee
director
Marathon Asset
Management uk
Martin Seimetz
executive vice president
Eurohypo germany
Dr. Rüdiger von Stengel
managing director
IVG Investment germany
Charles Whittle Lloyd E Lee Martin Seimetz Dr. Rüdiger von Stengel
ceo
McCafferty Asset
Management uk

Charles Whittle
 2009 DISCUSSIONS

Lessons from Andrew Smith

chief investment officer
Just the crisis Aberdeen Property
Investors uk
does fund Jonathan Harris
collegial management executive director
Macquarie Capital
discussions have to be Advisers uk
revised? Bernd Schöffel
where all geschaftsführer
III Investments germany Andrew Smith Jonathan Harris Bernd Schöffel

participate
equally. Commercial Tony Horrell
head of european
real estate capital markets
Jones Lang LaSalle uk
in Europe Fergus Farrell
steps to director
Quinlan Private ireland
recovery? Jim Garman
managing director Tony Horrell Fergus Farrell Jim Garman
Goldman Sachs uk
Maxime Julié
senior fund manager
AXA REIM france
Peter C Kasch
managing partner
Catalyst Capital uk
Graham Langlay-Smith
director Maxime Julié Peter C Kasch Graham Langlay-Smith
Credit Suisse uk
Nigel Roberts
chairman emea research
Jones Lang LaSalle uk

Nigel Roberts

Strategies for Tassos Kotzanastassis

managing director
a low growth 8G Capital Partners cyprus

environment? David Gillerman

head of real estate, europe
Och-Ziff Capital
Management uk
Klaus Kortebein
ceo germany
VALAD Property Group Tassos Kotzanastassis David Gillerman
germany
George E Kountouris
managing director, real estate
Portland Capital uk

All material throughout

this brochure is subject
to change without notice.
Klaus Kortebein George E Kountouris
2009 DISCUSSIONS

Asset Rina Benhamou

directeur
Management Générale Continentale
DISCUSSIONS
Investissements france
new strategies Philippe Camus
required? ceo
Shaftesbury Asset
Management france
Jean-Charles Viard
head of asset management
Rina Benhamou Philippe Camus Jean-Charles Viard
SITQ france

Distressed David Capocci

partner
Assets & Debt Deloitte luxembourg

windfall of Gregory Clerc

vice president
opportunities? Merrill Lynch uk
Dr. Edgar Rosenmayr
member of the
executive board, coo
Immoeast austria
David Capocci Gregory Clerc
Steve C. Willingham
head of debt relationships
MGPA uk

Dr. Edgar Rosenmayr Steve C. Willingham

Chris Morris
Credit crisis head of real estate group
what long Freshfields Bruckhaus
Deringer uk
term effects Richard Bentley
in Europe? director europe, middle east &
india, commercial real estate
Hypo Real Estate Bank uk
Dr. Johannes Conradi
global head of the
Chris Morris Richard Bentley Dr. Johannes Conradi
real estate sector group
Freshfields Bruckhaus
Deringer germany
Jan J Dijkstra
group director,
assets & valuations
AIG Global Real Estate uk
Carla Giannini
md & european head
Credit Suisse uk
Elliot Glausiusz Jan J Dijkstra Carla Giannini Elliot Glausiusz
managing director, head of
capital markets group-europe
MGPA uk
 2009 DISCUSSIONS

The world Sven Andersen

partner, advisory -
The job after debt corporate finance
KPMG germany
can financing Hendrik HC Gienow
of the alternatives managing director
Eurohypo germany
Discussion save us? Heike Gündling
md
Chairs is CORPUS SIREO germany
Sven Andersen Hendrik HC Gienow Heike Gündling
Matthias Luecker
not to talk. managing director
Freo germany
Ron Rawald
head of european property
Cerberus uk
Dr. Christian Schede
partner, head of
real estate germany
Olswang germany
Ron Rawald Dr. Christian Schede

Equity Klaus Elmendorff

managing director
Financing Deutsche Bank germany

new sources on Peter D Marano

chairman
the horizon? Gemini Commercial
Investments uk
John Williams
managing partner,
capital markets
Klaus Elmendorff Peter D Marano John Williams
Carmel Partners usa

Real Estate Stefan Pfister

partner, head of
Portfolios real estate europe
KPMG switzerland
what strategies Wilhelm Froon
in a downturn? director of investments &
partnerships
Vivalib france
Ulrich Kaluscha
managing director
Stefan Pfister Ulrich Kaluscha Robert Laurence
4IP Management switzerland
Robert Laurence
ceo
Resolution Property uk
Claudio Rudolf
head re acquisition & sales
Credit Suisse switzerland
Bertrand Schwab
senior advisor,
operating partner
All material throughout Patron Capital uk Claudio Rudolf Bertrand Schwab Michael Wurzinger
this brochure is subject Michael Wurzinger
to change without notice. member of the board, cio
Immofinanz austria
2009 DISCUSSIONS

After Heinz Joachim Kummer

re partner
the crisis Freshfields Bruckhaus
DISCUSSIONS
Deringer germany
modesty or Fabian Godbersen
fireworks in principal
Blackstone Group uk
European Jean-Philippe Guillerault
Real Estate? head international coordination Heinz Joachim Kummer Fabian Godbersen Jean-Philippe Guillerault
& risk, re & lodging
Calyon france
Michael H Marx
chief executive
Development Securities uk
Julien Jordan
Von Reitzenstein
re journalist and author
Immobilien Manager
Verlag germany Michael H Marx Julien Jordan Von Reitzenstein

Emerging Thomas W Hoeller

chief investment officer, md
Europe/ Pramerica Real Estate
Investors germany
Russia Georgii Ivanov
is the chief investment officer
Eurasia Global russia
worst over? Kamil Kosman
md, group head real estate Thomas W Hoeller Georgii Ivanov
Ceska sporitelna / Erste
Group Bank czech republic
Yuriy Vitrenko
senior vice president and coo
Amstar Europe ukraine

Kamil Kosman Yuriy Vitrenko

Southern Leo Civelli

ceo
Europe REAG Europe luxemburg

which sector Lambros G.

Anagnostopoulos
comes back first? ceo
Secure Management greece
Cenk Arson
turkey representative
Eurohypo turkey Leo Civelli Lambros G. Anagnostopoulos Cenk Arson

Eduard Brull
managing director
Grup Qualitat spain
Fabio Carlozzo
managing director & ceo
Amplus Italia italy
Stelios Zavvos
ceo
Zeus Capital Managers Eduard Brull Fabio Carlozzo Stelios Zavvos
greece
 2009 DISCUSSIONS

Middle East & Khaled Sedky

development director -
It is to North Africa portfolio north africa region
Sama Dubai uae
better off
make elsewhere?
Niels Fischer
ceo
BauGrund germany
everybody
else talk... Khaled Sedky Niels Fischer

Nordic Market Marie Bucht

managing director
catching the NewSec sweden

global chill? Mikkel Bülow-Lehnsby

partner
Nordic Real Estate
Partners denmark
Jørn Terje Kristensen
Nordisk Eiendom norway
Thomas Lindström Marie Bucht Mikkel Bülow-Lehnsby Thomas Lindström
managing director
Carlyle Europe
Real Estate sweden
Carl Henrik Roselius
ceo
Genesta Property Nordic
finland
Lennart Sten
managing director
GE Real Estate sweden
Peter Wågström Carl Henrik Roselius Lennart Sten Peter Wågström
president
NCC Housing sweden

Italian Paolo Insom

managing director
Real Estate DTZ Italia italy

la dolce vita? Paolo L. Beccaria

investment director
Orion Capital Managers
italy
Cesare Ferrero
ceo
Inpartner italy
All material throughout Paolo Insom Paolo L. Beccaria Cesare Ferrero
this brochure is subject
to change without notice.
2009 DISCUSSIONS

Investing Dr. Ludek Sekyra

chairman of the board
in CEE Sekyra Group czech republic
DISCUSSIONS
back to Jeppe de Boer
md, head of re
fundamentals? investment banking
Renaissance Capital russia
Martin Erbe
managing director,
continental europe
Dr. Ludek Sekyra Jeppe de Boer Martin Erbe
WestImmo germany
Olivier Gerard-Coester
ceo
Groupe Apsys france
George Ispas
cfo
Willbrook Management
romania
Noah Milton Steinberg
chairman & ceo
Wing hungary Olivier Gerard-Coester Noah Milton Steinberg

US Investing Gregory Shultz

partner
where are the Newbridge Search
Partners usa
opportunities? Philip Blumberg
chairman & ceo
Blumberg Capital Partners
usa
Jarret Cohen
vp, business development &
Gregory Shultz Philip Blumberg Jarret Cohen
acquisitions
Paramount Group usa
Stephen Coyle
cio, global realty partners
Cohen & Steers Capital
Management usa
Evan Denner
deputy ceo
Hypo Real Estate Capital
usa
William hughes Stephen Coyle Evan Denner William Hughes
head of us research
ubs realty investors usa
Christopher Sameth
principal
Investcorp usa
David Soares
president & ceo
Lexden Capital usa

Christopher Sameth David Soares

 2009 DISCUSSIONS

German Marcellino Graf von

Hoensbroech
...getting Real Estate managing director
CarVal Investors germany
is the storm
everybody yet to come
Dr. Benedikt Kiesl
managing director
Eurohypo germany
to share, to Germany? Barbara Knoflach
ceo
connect SEB Asset Management
germany
Marcellino Graf von Hoensbroech Dr. Benedikt Kiesl Barbara Knoflach

and make Bodo Krug von Nidda

managing director
Rheingold Advisors germany
friends... Sascha Lewin
director - head of european
property
Stenham Property uk
Michiel Olland
managing director france &
other european markets Sascha Lewin Bodo Krug von Nidda Michiel Olland
SNS Property Finance
netherlands
Dirk Schlürmann
managing director - head
of sales
Allianz Real Estate
Germany germany
Rolf Zarnekow
managing director
APG Hanseatic Funds Asset-
und Fondsmanagement
Dirk Schlürmann Rolf Zarnekow
germany

CEE office David Flusberg

founder & president
investments Adama romania

where to Daiana Voicu

managing director
recover first? Willbrook Management
romania
Tomasz Zamiara
cfo
Horus Capital russia
David Flusberg Daiana Voicu Tomasz Zamiara

Nordic Tore Borthen

managing partner
opportunities Real Estate Investment
Bankers norway
confused, Kari Inkinen
distressed, president & ceo
Sponda finland
holding steady? Niels Troen
All material throughout
ceo
this brochure is subject
Nordicom denmark
to change without notice. Tore Borthen Kari Inkinen Niels Troen
2009 DISCUSSIONS

Re-fueling the Domenico Tulli

partner
real estate Gianni, Origoni, Grippo italy
DISCUSSIONS
market Emanuele Dubini
head of investment
is social housing GE Real Estate italy

an answer? Claudio Ricci

head of corporate
development
Sansedoni italy
Domenico Tulli Emanuele Dubini

Hotel/ Rafael Salanova

chairman
Tourism/ COMPAÑÍA UNIVERSAL DE
PROYECTOS spain
Leisure Jerome Anselme
better wrap director of re finance &
securitisation
up warm? Merrill Lynch
International uk

Rafael Salanova Jerome Anselme

Logistics Zlatin Atanasov

manager
do investors see Alpinweiss bulgaria

a silver lining? Jacques Ehrmann

chief real estate and
development officer
Groupe Casino france
Christian Nickels-Teske
head of treasury europe &
debt capital markets
Zlatin Atanasov Jacques Ehrmann
ProLogis netherlands
Kristof Verstraeten
acquisitions director
Goodman European
Logistics belgium

Christian Nickels-Teske Kristof Verstraeten

 2009 DISCUSSIONS

Standards Ad Buisman
partner, re group &
... as if an in Property global director re assurance
Ernst & Young netherlands
Valuation
after-dinner are fair values
Graham Bearman
property specialist, real estate,
hospitality & construction
conversation truly fair? Ernst & Young uk
Bert-Jaap Dijkstra
in one’s own group director of
asset valuations Ad Buisman Graham Bearman Bert-Jaap Dijkstra

UNIBAIL-RODAMCO
living room. Netherlands
chris thorn
chairman of the international
valuations standards board
BNP Paribas uk

Alternative Michael Hornsby

partner
Asset Ernst & Young luxembourg

Management
will new rules
change the
game?
Michael Hornsby

All material throughout

this brochure is subject
to change without notice.
CORPORATE PARTNER
CORPORATE PARTNER

Today’s real estate industry must adopt

new approaches to address regulatory
requirements and financial risks, whilst
meeting the challenges of expanding globally
and achieving sustainable growth. Ernst &
Young’s Global Real Estate practice brings
together a worldwide team of professionals
to help you achieve your potential — a team
with deep technical experience in providing
assurance, tax, transaction and advisory
services. Our Real Estate practice works
to anticipate market trends, identify the
implications and develop points of view on
relevant industry issues. Ultimately it enables
us to help you meet your goals and compete
more effectively. It’s how Ernst & Young
makes a difference.

Dean Hodcroft
Partner, Head of Real Estate for Europe,
Middle East, India and Africa (EMEIA)
dhodcroft@uk.ey.com
Tel +44 20 7951 4870
 SENIOR PARTNERS & PARTNER
SENIOR PARTNERS PARTNER

RREEF Real Estate acquires and manages investments in

Eurohypo is a leading German bank, specialized in commercial real estate and public finance. property and real estate securities on behalf of its clients
The Bank has an excellent position in its home market and the Top 10 markets for commercial worldwide. Its product offering includes core, value-enhanced
and high yield property investments as well as publicly traded
real estate in the world. For professional clients Eurohypo offers the entire added value chain in
real estate securities. RREEF Real Estate has over €40.6 billion
complex real estate financing transactions. Eurohypo is an international player with presence in in assets under management worldwide as of 31 March 2009.
major European countries and is one of the top players in the USA. The bank´s self-conception is
driven by being relationship oriented and delivering intelligent solutions for its customers.
Pierre Cherki Chris Papachristophorou
ceo, rreef europe & mena ceo, global opportunistic investments
Dr. Frank Poerschke pierre.cherki@rreef.com chris.papachristophorou@rreef.com
frank.poerschke@eurohypo.com Tel: +44 20 754 75374 Tel: +44 20 754 75373
Tel +49 69 2548 20040

SPONSORSHIP OPPORTUNITIES

Please contact

Freshfields Bruckhaus Deringer is a leading international law firm with over 2,500 lawyers in Henri Alster
25 offices around the world. Our European real estate network provides an integrated service to Chairman, GRI
clients working in all aspects of commercial real estate across Europe.
henri.alster@globalrealestate.org
Tel +44 20 8445 6600

Chris Morris Johannes Conradi

chris.morris@freshfields.com johannes.conradi@freshfields.com
Tel +44 20 7832 7494 Tel +44 40 3690 6167

Westdeutsche ImmobilienBank AG (WestImmo) is one of Germany’s leading real estate financers.

We provide support for national and international investors in Europe, America and Asia. In
addition to financing at property, project or portfolio level, we also offer customers a full spectrum
of additional products such as real estate joint ventures, syndications as well as interest and
exchange derivatives. WestImmo finances office, commercial and residential property as well as
shopping centres, hotels, logistics facilities and public buildings.

Anne-Isabelle Carbonnières
anne-isabelle.carbonnieres@westimmo.com
Tel + 33 1 40 75 76 94
REGISTRATION FORM

fax to: +44.20 8445 6633

or registrations@globalrealestate.org
Mr/Mrs/Dr First Initials Last (III/Jr/...) Nick-/Badge Name

Reserve your space: 

position Sign up for group discussions
q Risk of Inflation and Deflation simultaneously — paranoia or reality?
Direct tel Email q Innovate or stagnate — the future of innovation in real estate?
q Private Equity — will fund raising be different?
q Crisis? What crisis? — new opportunities, new ways?
fax company
q Debt financing — when an end to the drought?
q European Investment — bottom up?
assistant Tel email q Banking Crisis — systemic failure or evolution?
q Financements en France — le robinet coule-t-il assez?
q Investissements en France — coup de frein?
Address
q Rendements des bureaux parisiens — que nous dit la boule de cristal ?
q Développement durable et immobilier — font-ils bon ménage ?
City State Postcode Country q Banquiers et investisseurs — vers un nouveau chemin commun?
q Le paradoxe de l’immobilier — à l’origine de la crise et valeur refuge
q Is the deleveraging game over — nighty for equity?
Division’s web address (ex: www.company.ext/division...) q Financing structures in distress — what can be done?
q Lessons from the crisis — does fund management have to be revised?
q Commercial real estate in Europe — steps to recovery?
q INVESTOR q CORPORATE (User) q ECONOMIC DEVELOPMENT q Strategies for a low growth environment?
q PENSION (Investor) q AGENT (Surveyor) q ACADEMIC (Think Tank) q Asset Management — new strategies required?
q PROPERTY COMPANY (Developer) q ADVISOR (Accountant/Tax) q MEDIA
q Distressed Assets & Debt — windfall of opportunities?
q INFRASTRUCTURE COMPANY q LAWYER q TRADE (Group/Exhibit/
q LENDER q A&E (Architect/Engineer) Conference Organiser)
q Credit crisis — what long term effects in Europe?
q HOTEL (Company) q TITLE (COMPANY) q OTHER_________________
q The world after debt — can financing alternatives save us?
q INVESTMENT BANK q GOVERNMENT (Officials)
q Equity Financing — new sources on the horizon?
q Real Estate Portfolios — what strategies in a downturn?
q After the crisis — modesty or fireworks in European Real Estate?
q Emerging Europe | Russia — is the worst over?
q Southern Europe — which sector comes back first?
n PAYMENT DETAILS A receipt will be returned. q Middle East & North Africa — better off elsewhere?
Please tick q Visa q Mastercard q AmEx q check (+€50)(1) q Nordic Market — catching the global chill?
q Italian Real Estate — la dolce vita?
Card Number CSC (card security code)
q Investing in CEE — back to fundamentals?
q US Investing — where are the opportunities?
Name on Card q German Real Estate — is the storm yet to come to Germany?
q CEE office investments — where to recover first?
q Nordic opportunities — confused, distressed, holding steady?
Expiry Signature q Re-fueling the real estate market — is social housing an answer?
q Hotel | Tourism| Leisure — better wrap up warm?
q Logistics — do investors see a silver lining?
q Standards in Property Valuation — are fair values truly fair?
Credit Card Billing address, if different from above (important, please provide)
q Alternative Asset Management — will new rules change the game?
Street Address

Sign-up for group discussions

City State/County Postcode
Group discussions run concurrently for 75 minutes each, in successive series of 5 to 6 at a time. Prior sign-up is
required for participation, as there is limited seating capacity. While the GRI is committed to trying to satisfy
sign-up requests, it regrettably cannot guarantee availability. Please tick ( ).

GRI Europe Summit 09 Single Group rate (per person) Discussion Chair
GRI Annual Individual Membership
Paris, 15-16 Sep 07 Non Member Non Member or GRI Member £ Sterling
(optional)
Until 3 Aug €2,175 (+19.6% VAT) €2,075 (+19.6% VAT) €1,875 (+19.6% VAT)

After 3 Aug €2,275 (+19.6% VAT) €2,175 (+19.6% VAT) €1,975 (+19.6% VAT) Regular q £1,200
Discussion co-Chair** q £400
Fee for payment methods other than credit card €75 (+19.6% VAT)
Fee for onsite payment (credit card or cash only) €125 (+19.6% VAT) ** Available for fee paying Discussion (co-) Chairs of any GRI during calender year.
 REGISTRATION NOTES

GRI europe summit 2009 Group rate - 3 or more, save €200 each

Paris 15-16 September
Intercontinental Grand Hotel ***** [FOR DISCUSSION (CO-)CHAIRS AND MEMBERS ONLY:]
2 Rue Scribe, 75009 Paris Please email before August 7 to: berna.kosal@globalrealestate.org

France
HOTEL VENUE
ALWAYS ASK FOR GRI RATE
Direct bookings with the hotel (not through travel agents) benefit from
BEECH
john

BEN WEST
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the special GRI rate

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GLOBAL INVE
rreef r
ny sales
us$10 • cee • china

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invest
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7421 9345
Reservations: www.mygri.com/SummitHotelBooking
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Classic Room €320 (ex. VAT)

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office • hote cee • china

Nullam is
sed nunc. et, faucibus Vestibulum et diam. eos. Lorem
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INVESTOR
million
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Class

us$100 - 500 lopment

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Superior Room €350 (ex. VAT)

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For all event enquiries please contact Berna Kosal: tel + 44 208 492 2638
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Group discussions take place in French or in English, as indicated in program.

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id ng
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id, felis. velit Sed Quisque amet,
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Morbi id, felis. velit Sed
leo. Integer nisi, placerat

Badges
accums

Please provide:
an.

Delegates must wear badges at all times.

Admission will regrettably not be possible otherwise. 1. COMPANY SPECIALTY - maximum 16 words:

Terms and conditions

• Investors/lenders: criteria (type • where • amount range •
existing vs development...)
Payment is required by return. Delegate fee must be paid in full prior Example: 18/1/07 3:01
:06 pm

to conference or admission is regrettably not possible. “office, hotels, bulk sales • Germany, CEE, China • US$100-500
Confirmation will be sent on receipt of payment. If you have not received confirmation million
Ben_Westbe
ech_sam existing
• ple.i ndd 1
or development • major metros only”
within 14 days of registration, please contact us to confirm your booking. • Developers: product specialty (type • where • size range • existing v development...)
Cancellation and transfer to colleagues must be in writing. Transfer to colleagues is possible • Other: describe speciality bullet point style
at any time. 90% refund will apply if cancellation notice is received by 03 August 2009. 2. COLOR PORTRAIT PHOTO: HIGH RESOLUTION .JPG
We regret no refunds are possible for cancellations received thereafter. 3. LOGO: COLOR • B/W • INVERSE (.EPS FORMAT)
4. PERSONAL BIOGRAPHY + DIVISION’S PROFILE
Onsite cash Registrations - 100 words maximum total, in 1 or 2 languages [adjust pro-rata if other
On site registrations payment (credit card or cash only) €125 + (19.6% VAT) language takes less space (e.g. Mandarin - 2 to 1) or more].
- Division’s profile: division’s specific activity (more relevant & useful
(1) Check than company’s overall)
Check and methods of payment other than credit cards incur an additional
€75 + (19.6% VAT) charge. Pay “GRI”. Mail check and registration form to:
GRI, 1379 High Road, London N20 9LP, UK

(2) Group rate Early registration - Save €100 prior to 03 August

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. GRI annual membership
INDIVIDUAL MEMBERSHIP

INDUSTRY PARTNER
• GRI Members benefit from reduced Member rates when registering to attend
GRI Meetings.
• Starting date of membership is the 1st day of the quarter in which registration
is made. It can be requested to start the next quarter.
• Cancellation: Expiring memberships self-cancel automatically if not
renewed. There is no mid-year cancellation mechanism.

All material throughout

• Complete list of membership benefits available on request.
18-20 November 2009
this brochure is subject corporate MEMBERSHIP
Palais des Festivals, Cannes, France
to change without notice.
Ongoing updates at
• Please contact Henri Alster, Chairman, GRI - henri.alster@globalrealestate.org
WWW.MIPIM.COM
www.globalrealestate.org
 REAL ESTATE IN VE ST ME N T A C R OSS T HE W OR LD

INDIA
GRI
EUROPE GRI
SUMMIT 09
2009
E V E N T S GRi europe summit 2009 india gri 2009
Paris, 15-16 September Delhi, 23 September

The GRI is a global club of senior

real estate investors,developers and RUSSIA New Europe Türkiye
lenders that runs its activities through a
GRI
GRI GRI GRI
2010
collection of annual meetings focussed
on different regions of the world.

russia gri 2009 new europe GRi 2009 turkey gri 2010
At GRI meetings there are no speakers or panellists, Istanbul, 19 January
Moscow, 30 September Warsaw, 23-24 November
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
USA
GRI
levels can be useful, we welcome you to join us. 2010 2010

ASIA
GRI
gri europe USA GRi 2010 asia GRi 2010
chairmen’s retreat 2010 New York, 25 February Singapore, 3 March
St Moritz, 21-24 January

GRI
WORLD
SUMMIT
中国
2010 GRI
www.globalrealestate.org
DEUTSCHE
info@globalrealestate.org GRI
Tel: +44 20 8492 2638 2010 CHINA 2010
Fax: +44 20 8445 6633
deutsche GRi 2010 GRi woRld suMMit 2010 China GRi 2010
Frankfurt, 27-28 April London, May Shanghai, June

All information herein is subject to change without notice.

 Corporate Partners

Senior Partners

Partners

Media & Industry Partners

EUROPE