International Property Investment And Development Conference - Day Two

09:00

10:00

Chairman's Opening Remarks

10:10

Weathering The Sub Prime Storm - How Safe Is The Middle East As A Property Investment Haven Amidst The Global Financial Turmoil And Market Volatility? 

• Decoupling the region from the brunt of the sub prime crisis – Analysing strategic growth capabilities in real estate amidst the liquidity surplus
• Mastering the art of asset allocation in enhancing portfolio performance – what other obstacles, threats and conversely
  the opportunities to the region should investors be aware of?
• Developing an effective risk management policy when operating in a high supply and demand market
• Candid views on currency risks within the region – What does the future hold for the GCC and the dollar peg and what will
  be the underlying impact on real estate investments?

Charles Byron Andrews,  Founder, Blue Coast Real Estate & Development, UK

10:50

Mastering The Art And Science Of Real Estate Fund Raising - How Do Portfolio Strategies Differ Between Local And International Real Estate Players? 

• Fund creation and capital raising in real estate – What is the optimum strategy and why?
• How do business requirements and fifinancing costs vary from domestic to offshore regions when obtaining capital
• Exploring the viability of commercial real estate syndication in raising capital amidst tougher market conditions
• Obtaining and securing capital for property ventures – How do business requirements and fifinancing costs vary from domestic to offshore regions? Are there preferred routes for start-up firms and expanding companies?

Nael Mustafa, Director Real Estate Investment, Arcapita Bank, Bahrain
Binod Shankar, Director – Finance, Meraas Capital, UAE
Marwan Shehadeh, Managing Director, Al Futtaim Capital, UAE
Khalid Howladar, Senior Credit Officer, Moody’s, UAE

Managing Property Risk While Operating In A Young Capital Debt Market 

• How are the region’s leveraged loans evolving in the Middle East – How big will it be and when?
• Sustaining debt levels in the property market and developing refifinancing activity
• Originating and structuring private placement debt for property developers
• How can loan securitisation help the market? What are the gains and barriers to asset securitisation?
• Evaluating risk adjusted returns of high-yield debt within the ‘new geography’ of real estate business

Tim Luckhurst, Director, Real Estate Finance, CEEMEA - Global Banking & Markets, Royal Bank of Scotland, UK

Projecting The Future Income Streams Of Serviced Apartments And Comparing Its Investment Yields Against Hotels And Residential Properties

• Perspectives on construction costs, fifinancing and entry value of serviced apartments - How do their risk and investment
  returns match up to those of hotels? What makes serviced apartments attractive to both developers and investors?
• Optimising returns in alternative hospitality: Branding and strategic market positioning in an increasingly competitive
  environment – What constitutes a good serviced apartment development? How can smaller brands compete with the ‘big boys’?
• The economics of success for serviced residences: Combining operational and marketing synergies for stronger occupancy
  levels – How can we reinvent conventional hotels to target this growing clientele?

Nick Turner, Managing Director, RCI Middle East, UAE

Unlocking The Financial Value Of Real Estate Assets - How Will Buoyant Private Equity Flow Into Hotel Properties Transform The Mechanics Of Hotel Management?

• Developing a well capitalised and returns-oriented property portfolio involving hotel investments ranging from coresatellite to opportunistic
• Driving higher yields for hotel real estate through sound asset management and investment strategies for surpassing
  investors’ KPIs
• Implementing effective financial control over owner / operator driven business models
• Analysing deal availability and prospective portfolio diversifification

Jalil Mekouar, Vice President, Jones Lang LaSalle Hotels MENA, UAE

 STREAM A

STREAM B 

STREAM C 

Stream A
THE PATH OF FUNDING OPTIONS NEVER DID RUN SMOOTH

Private Equity Real Estate Takes Centre Stage: An Analysis Of Current Trends

• An overview of the state of private equity real estate in the Middle East
• Investing in a Middle East private equity real estate fund – Realistic return expectations
• How dependent are regional private equity firms on leveraged finance?
• Getting up to speed with the latest regulatory developments
• The road ahead: where is the market heading?
• Implementing value creation strategies
• The appetite for risk – Are the returns worth the risks?
• What products offer the best opportunities and why?
• What are the benefits of various investment structures?
• How sustainable is Middle East based liquidity?

Tamer Bazzari, Partner, Head of Investment Banking, Rasmala Investments Ltd, UAE

Institutional And Alternative Real Estate Finance In The GCC

• Challenges of Developer Financing
• Major sources of construction funding
• End-User financing in the UAE
• Alternative Funding Sources for Developers

Barmak Besharaty, Managing Director, Almas Capital, UAE

How are Local Banks Poising Themselves To Take The Explosive Growth Of The Regions's Real Estate Market By Storm?

• Is the cost of international funds still lower than local funds – Is this situation reversing as the cost of money rises?
• What products and tools are showing the greatest promise?
• Role, place, availability and price of syndicated bank finance
• Are there any fears of overleveraging the home finance market in the UAE?

Eric Stoclet, Group Executive Director, Noor Islamic Bank, UAE
Habib Bitar, Senior Vice President, Head of Real Estate Finance & Investment
Division, Dubai Islamic Bank, UAE
Sanjay Vig, Managing Director, Alpen Capital (ME) Limited, UAE

Innovation In Real Estate Investment Vehicles And Real Estate Securitisation

• What further progression might be expected in listed and unlisted collective investment vehicles and real estate securitisation?
• Investment products and vehicles available – Which offer the greatest returns and long-term opportunities versus short-term quick wins?
• Does the Middle East need derivative instruments – How will they be implemented within a Shari’ah compliant structure?
• Evaluating the upsurge of SWF investments – What is the road ahead for them and how will they impact the global real estate market
• Developing effective risk management strategies to allow investors to capitalise on securitisation developments
• What is on the horizon for Middle East REITs? As It is a tax efficient vehicle, why would it have application in the GCC?
• What are the key lessons to date for REIT investors in the Middle East in terms of risk, income generation and capital appreciation opportunities?
• What growth strategies should be considered for adoption in the future?

Tarig El Sheikh, Director, Real Estate Investment Banking and Finance, Lehman Brothers International (Europe), UK
Samir Kazi, Director Investment, Nakheel Hotels, Nakheel PJSC, UAE
Gareth Williams, Director Real Estate Group, Barclays Capital, UAE
John Hermann, Special Counsel, Global Projects, Baker Botts, UAE

Public-Private Infrastructure: The Next Frontier For Global Real Estate Investments?

• Examining the convergence of public need and private capital – Proportioning the debt / equity ratio for joint-ventures and public-private partnerships
• Re-engineering investing initiatives for wealth maximisation – Examine the role of HWNI and institutional investors
• Meeting the need for portfolio diversification and tapping into the rapid developments of infrastructure – How can this asset class be transformed into a monopoly business?
• Mobilising real estate capital markets and accelerating income growth through the introduction of REITs within the infrastructure arena

Phil Beale, Group CFO, Tameer Holding Investment LLC, UAE
Simon Monk, Head of Infrastructure Investment , Instrata Capital, Bahrain

 Back to Stream Menu

 Stream B
TO MIX OR NOT TO MIX: HOT OFF THE PRESS – REAL ESTATE SECTOR DEVELOPMENTS AND ANALYSIS

Issues And Solutions In Islamic Sukuk Structures - Using Sukuk To Fund Real Estate

• Sukuk and real estate: Natural partners?
• Assessing the growth of the Sukuk market in the region
• What is the impact of the sub-prime crisis on Sukuk issuance?
• Successfully overcoming credit risk in Sukuk
• Recent innovations in Islamic real estate finance

Khalid Howladar, Senior Credit Officer, Moody’s, UAE

Accessing Real Estate Investments Using Islamic Structured Products

• Evaluating recent innovative Shari’ah compliant finance structures and forecasting future trends
• Application of Islamic finance principles in real estate investments: Shari’a property funds and REITs
• The relevance and sustainability of private equity real estate for Islamic real estate investors
• Istisn’a / Ijara – Construction and leaseback arrangements
• Mudaraba / Musharaka – Partnering in real estate developments

Rakesh Patnaik, Head – Real Estate Investment Funds, Global Investment House, Kuwait
Khalid Howladar, Senior Credit Officer, Moody’s, UAE
Arif Al Harmi, CEO, Amlak Finance, UAE
Yavar Moini, Executive Director, Global Capital Markets, Morgan Stanley, UAE

Structuring Investment Vehicles To Attract More High Net Worth Individuals (HNWIs) To Invest Across The International Real Estate Risk / Return Spectrum In A Backdrop Of Islamic Finance Growth – Which Genre Of Investment Strategies Works Best?

• Assessing HNWIs and their confidence level for real estate amidst the global credit crunch – How can fund managers satisfy HNWIs in their allocation strategies from a risk management point of view?
• Hedging of a HNWI’s property portfolio within Shari’ah compliant funds
• Comparing investment routes to market and the risk-return universe of real estate products
• Will wealth funds and property investments by Gulf investors prove a profitable or risky venture in time to come?

Mohammed Shaheed Khan, Head of Product Development, Islamic Finance Company, UAE

Panel Discussion: Real Estate On The Radar Of Hedge Funds, Mutual Funds And Fund Of Funds And Adapting To A Shari’ah Based Islamic Environment

• Hedge funds as an alternative investment route to raising capital gains through the comparatively safer route of direct / indirect real estate investments and property funds flotation
• Countering portfolio volatility through hedging instruments and new investment strategies –what does this overlap of strategies mean for managers and investors?
• Examining the risk-return profile when investing in real estate through a mixedasset portfolio

Rakesh Patnaik, Head – Real Estate Investment Funds, Global Investment House, Kuwait
Mohammed Shaheed Khan, Head of Product Development, Islamic Finance Company, UAE
Arif Al Harmi, CEO, Amlak Finance, UAE

 Back to Stream Menu

 Stream C
INTERACTIVE ROUNDTABLES – ACTION

This session will be presented as six simultaneous roundtables divided according to the hot topics you have identified as your most burning issues. Participants will have the opportunity to take part in two roundtable discussions, each one lasting 45 minutes, with a 15 minute break to allow for you to move from one table to another.

Delegates have found that they come out of the session with brilliant new ideas and innovative solutions to their biggest and most critical challenges. Once you register your place for the entire conference, we will ask you to confirm in advance which session you want to join. Places are allocated on a first-come, first-serve basis so register now and start benefiting today.

• Discussion 1: Middle East Investment: Reaching The Ceiling Or Going Through The Roof?
• Discussion 2: Build It And They Will Come – Reality Or Myth?
• Discussion 3: Middle East Investors Abroad: Does Overseas Mean Overspend?
• Discussion 4: The Commercial Conundrum: New Markets Or Old Favourites?
• Discussion 5: The Margins Of Residential Supply And Demand: When More Is Less
• Discussion 6: Islamic Banking: The Benefits To Borrowers

 Back to Stream Menu

Who would resist going Measure for Measure with the movers and shakers of the regional and international real estate industry? To be, or not to be - is the market on the rocks or towering ahead ? Why not kick back and thrash out the hottest tropics with the colleagues whilst soaking up the glamour of the occasion? And remember, it isn't just property that can appreciate. How about shaking things up a little by throwing some dance moves in to the mix, to really gain the approval of your peers!

Sponsored By