Connecting real estate investors, lenders and borrowers across Europe

The debt world is evolving as the lending market continues to diversify. Whilst banks still constitute the biggest part of the market, their dominance is decreasing as alternative sources of capital grow. This shift will continue through 2019 as lending from non-traditional sources continues to increase.

The PERE Debt and Finance Forum is your opportunity to connect with Europe’s most active debt fund managers; insurance companies, institutional investors, traditional bank lenders and borrowers as they discuss the biggest trends and latest developments in the real estate debt markets.

This forum is co-located with PERE Europe 2019

Why should you attend?

PERE has a long-standing history of connecting the private real estate community, providing high-quality content through its objective and in-depth coverage, keeping you abreast of industry movements on a global scale.

Secure your place today to immerse yourself in this insightful market intelligence.

Investors

Meet the biggest global debt fund managers and service providers to understand the current real estate financing environment and explore the trends that will influence your debt investment strategies.

Debt Fund Managers

Meet the region’s most insightful investors as they seek to diversify their exposure to debt strategies and hear perspectives on the current industry climate.

Lenders

Meet with your alternative and traditional lender peers to discover who is lending to which asset type and on what terms. Hear directly from the borrowers to understand how they are approaching leverage, pricing and relationship lending.

Speakers confirmed for 2019

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Sponsors confirmed for 2019

This Forum is co-located with PERE Europe 2019

PERE Europe 2019 focuses on the strategies that are influencing the market, the deals that are making the headlines, and the people who are driving innovation.

PERE has a long-standing history of connecting the private real estate community, providing content through its objectives and in-depth coverage, keeping you abreast of industry movements on a global scale.

Visit the forum’s website for more information

Jonathan Brasse

Senior Editor, Real Estate, PEI Media

Jonathan Brasse is the Senior Editor of PERE. Based in London, he is responsible for setting the overall editorial agenda for PERE magazine, PERENews.com, and all associated publications and leads a team of journalists working from PEI's offices in L… Read full bio

Daniel Cunningham

Editor, Real Estate Capital

Daniel Cunningham is the editor of Real Estate Capital, contributing to and coordinating coverage of European real estate finance markets for the title's print and digital channels. He has more than 14 years’ experience writing about the real estate… Read full bio

Amal Del Monaco

Head of Sector Specialists, AXA IM - Real Assets

Simon Durkin

Head of Real Assets Research, BlackRock Real Assets

Simon has over 20 years’ experience in real estate strategy and research, and has recently joined BlackRock Real Assets to head European research for the real asset platform. Previously he was Head of Research for BNP Paribas Real Estate leading a te… Read full bio

Kristina Foster

Managing Director, Barings

Kristina Foster is member of Barings Alternative Investments, a global real estate, private equity and real assets platform. Kristina is a Managing Director, Real Estate Finance – Europe and is responsible for originating and structuring real estate… Read full bio

Roland Fuchs

Head of European Real Estate Finance, Allianz Real Estate

Anne Gales

Partner, Threadmark

Anne is a co-founder of Threadmark. She has over 25 years experience of capital raising and financial markets, and has advised and raised capital for over 50 different fund managers in real estate, credit, infrastructure and private equity since 2002… Read full bio

Jim Garman

Global Co-Head of Real Estate Investing, Goldman Sachs

Jim is global co-head of the Merchant Banking Division (MBD) Real Estate Group and head of MBD Real Estate in EMEA. In these roles, he is responsible for the design and implementation of MBD’s real estate investment strategies. Jim is a member of the… Read full bio

Arthur Jennings

Managing Director, Fortwell Capital

Arthur is Managing Director at Fortwell Capital and has ultimate responsibility for the origination, underwriting and portfolio management of the Fortwell Capital loan book. Arthur joined the company as Head of Real Estate Finance in May 2016 and was… Read full bio

Emma Jack

Executive Director, PGIM Real Estate

Emma Jack is an executive director with PGIM Real Estate. In this role, she is responsible for sourcing debt investments throughout Europe. Emma joined the company in 2017 with over 10 years in the commercial real estate industry. Prior to her role a… Read full bio

Michael Kavanau

Head of Debt and Equity Team, HFF

Mr. Kavanau is a Senior Managing Director and co-head of the London office of HFF (NYSE: HF) with more than 25 years of experience in commercial real estate, including debt, investment advisory and equity placement. He is primarily responsible for or… Read full bio

Dale Lattanzio

Managing Partner, DRC Capital

Dale Lattanzio is the Managing Partner of DRC Capital LLP, a dedicated investment advisor specialising in European real estate debt, and has held senior positions in real estate and debt capital markets for over twenty five years. The DRC team have c… Read full bio

Paul Lucas

Partner, Proskauer

Paul Lucas is a partner in the Corporate Department and a member of our Finance Group. Paul’s practice covers a wide variety of UK and international finance transactions. He specialises in real estate finance, including advising on senior/mezzanine f… Read full bio

Ludo Mackenzie

Head of Commercial Property, Octopus Property

Ludo joined Octopus Property, a leading specialist UK property lender, in 2013 to start their commercial lending platform. Since then, the business has raised two institutionally backed debt funds and completed c. £1bn of lending in the UK. Previousl… Read full bio

Karen Martinus

Global Research Associate, USAA Real Estate

Karen is an Associate within USAA Real Estate’s Research team, based in Amsterdam. Karen leads the firm’s research efforts in Europe and is responsible for assisting in the development of real estate investment strategy, as well as creating research… Read full bio

Stephen Morita

Director, Eastdil Secured

Stephen Morita is a Director at Eastdil Secured LLC based in London responsible for the firms U.K. and European CRE debt placement and structured finance transactions. Stephen joined Eastdil Secured in 2010 having previously worked for Arch Bay Capit… Read full bio

Duncan Owen

Global Head of Real Estate, Schroders Real Estate investment Management

Duncan Owen joined Schroders in January 2012 and is the Global Head of Real Estate. The role has responsibility for providing leadership and developing the growth strategy of the business as well as its investment direction. He chairs Real Estate Inv… Read full bio

Peter Papadakos

Managing Director, Green Street Advisors

Peter is a Managing Director at Green Street and a lead research analyst for the European region. Since joining the firm in 2010, he has launched coverage of more than 30 property companies. Peter has played a central role in helping investors unders… Read full bio

Matthew Phillips

Principal, Valor Real Estate Partners

Matthew Phillips is a Principle at Valor Real Estate Partners and is responsible for Finance and Operations. At Valor he has been involved in the execution of c.20 asset / corporate transactions and leads the financing of all fund assets across Europ… Read full bio

Josien Piek

Head of EMEA, GRESB

Josien is responsible for Europe, the Middle East and Africa for GRESB. As a macro economist she views the transformation of the economic system into a just and sustainable eco-structure as the challenge of our time. She has a 25-year background in t… Read full bio

Uma Rajah

CEO & Co-Founder, CapitalRise

After graduating with a Masters in Engineering from Cambridge University, Uma’s early career was with Mars Group, where she spent 10 years in product innovation for household names such as Mars, Celebrations and Galaxy. During this time, Uma develope… Read full bio

Thomas Rapp

Managing Director, Wells Fargo

Thomas Schneider

Managing Director & Founder, BrickVest

Thomas has over 16 years of experience in real estate investment, finance and development. Most recently, he was the founder and CEO of Limmat Group, a real estate private equity company focusing on investing and developing real estate projects in Eu… Read full bio

Bill Schwab

Managing Partner, Real Estate Investments Company

Bill Schwab has served as Global Head of Real Estate for the Abu Dhabi Investment Authority (ADIA) from January 2009 to June 2018. He was responsible for an investment portfolio comprising direct and indirect investments, public and private debt and… Read full bio

David Skinner

Managing Director, Real Estate Strategy and Fund Management, Aviva Investors Real Assets

David is accountable for Investment Strategy and Fund Management in the Real Estate business. He is instrumental in the ongoing repositioning of AI’s real estate funds in line with the businesses value oriented, high conviction and disciplined invest… Read full bio

Richard Spencer

Managing Director, Goldman Sachs

Richard is a member of the Real Estate Principal Investment Area (REPIA) in the Merchant Banking Division (MBD), where he covers the origination, execution and asset management of real estate equity and credit investments across Europe. He is a membe… Read full bio

Rohit Srivastava

SVP and Head of Brookfield’s Real Estate Financing Activity in Europe - Brookfield Asset Management

Rohit Srivastava is a Senior Vice President in Brookfield’s Real Estate Group, overseeing real estate capital markets activities in Europe. He is responsible for sourcing and executing financings for various investments in Brookfield’s real estate fu… Read full bio

Rob Stevenson

Chief Strategy Officer, TechSpace

Edward Tran

Partner, Katten Muchin Rosenman

Edward A. Tran is a partner with Katten Muchin Rosenman UK LLP. He focuses on corporate and transactional matters, including M&A, disposals, joint ventures, private equity, debt and equity financings and investment fund matters. Edward has been based… Read full bio

Francois Trausch

Chief Executive Officer, Allianz

François Trausch joined Allianz in January 2016 as Global CEO for Allianz Real Estate. Allianz Real Estate is the dedicated real estate investment specialist for the Allianz Group. Starting with a direct equity portfolio of ca. €20.5bn in 2008, Allia… Read full bio

Hein Wegdam

Director Sustainable Real Estate Products, ING Real Estate Finance

Hein has over seven years of experience in ING’s Real Estate Finance department. He has structured several commercial real estate deals in the Netherlands over the past few years involving sustainable and innovative building projects. He was also inv… Read full bio
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View the agenda

For more information on the agenda, please contact Amy Moon at amy.m@peimedia.com or call +44 207 566 5431

Download your copy of the agenda here

Day 1 Day 2
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Agenda

Day 1 - Tuesday 25th

PERE Debt & Finance 2019 - Day 1
08:00 - 08:40

Registration & networking

08:40 - 09:00

Introduction by PERE and welcome from the Chair

Bill Schwab
A speaker photo for Bill Schwab

Bill Schwab

Managing Partner, Real Estate Investments Company

Read bio
09:00 - 09:30

Keynote address

09:30 - 10:15

UK versus Europe: geopolitics and the post-Brexit investment dilemma

Edward Tran, Simon Durkin, Jim Garman, David Skinner

With the continued uncertainty around the outcome of Brexit, are UK investors ready to diversify away from a domestic strategy into a pan-European or global one? And what does Brexit mean for global investors? The depreciation of the pound post-referendum made UK assets cheaper for overseas investors but is this the only reason for investing in the UK or will good quality UK properties continue to provide long-term attractive income returns?

Moderated by: Edward Tran, Partner, Katten Muchin Rosenman

 

A speaker photo for Edward  Tran

Edward Tran

Partner, Katten Muchin Rosenman

Read bio
A speaker photo for Simon Durkin

Simon Durkin

Head of Real Assets Research, BlackRock Real Assets

Read bio
A speaker photo for Jim Garman

Jim Garman

Global Co-Head of Real Estate Investing, Goldman Sachs

Read bio
A speaker photo for David Skinner

David Skinner

Managing Director, Real Estate Strategy and Fund Management, Aviva Investors Real Assets

Read bio
10:15 - 10:45

In conversation with

Jonathan Brasse, Francois Trausch

François Trausch will discuss how Allianz became the biggest European institutional investor in real estate and second biggest globally with $48.2 bn of equity committed to private real estate.  He will share how Allianz’s real estate platform has grown substantially over the past 3 years and will discuss the rationale behind plans to raise third party capital for the first time in its history to increase the scale of its real estate lending capabilities.

Interviewer: Jonathan Brasse, Senior Editor, PERE

Interviewee: Francois Trausch, Chief Executive Officer, Allianz Real Estate

A speaker photo for Jonathan Brasse

Jonathan Brasse

Senior Editor, Real Estate, PEI Media

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A speaker photo for Francois Trausch

Francois Trausch

Chief Executive Officer, Allianz

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10:45 - 11:30

Coffee & networking

Under the microscope: case studies
11:30 - 12:45

Stream A: Deal Mechanics

Duncan Owen
  1. The acquisition of the Algonquin hotels portfolio by Schroders
    Speaker: Duncan Owen, Global Head of Real Estate, Schroders Real Estate Investment Management
  2. Palmer Capital’s 80% stake sale to Fiera Capital
    Speaker: Alex Price, Chief Executive Officer, Palmer Capital
A speaker photo for Duncan Owen

Duncan Owen

Global Head of Real Estate, Schroders Real Estate investment Management

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11:30 - 12:45

Stream B: Capital Formation

11:30 - 12:45

Stream C: Debt & Financing

12:45 - 14:00

Lunch & networking

PERE Debt & Finance 2019 - Day 1
14:00 - 14:20

Presentation

14:20 - 15:05

European real estate finance market: where are we in the cycle?

Roland Fuchs, Rohit Srivastava
  • Impact of decrease in quantitative easing combined with rising interest rates across jurisdictions
  • European real estate finance in a post-Brexit world: analysing the risks for UK lenders and opportunities for European lenders
  • Structuring loans against future uncertainties
  • Current availability of debt and financing for core and non-core assets and how risk sharing between lenders and borrowers is changing
A speaker photo for Roland Fuchs

Roland Fuchs

Head of European Real Estate Finance, Allianz Real Estate

Read bio
A speaker photo for Rohit Srivastava

Rohit Srivastava

SVP and Head of Brookfield’s Real Estate Financing Activity in Europe - Brookfield Asset Management

Read bio
15:05 - 15:35

Coffee & networking

PERE Debt & Finance 2019 - Day 1
15:35 - 16:20

The investment case for real estate debt funds

Dale Lattanzio, Ludo Mackenzie, Richard Spencer
  • Return expectations, risk profiles and regulatory considerations of investing in debt funds
  • Choosing the right strategy: regionally focused versus pan-European debt funds
  • Distinguishing between different models: whole loan, senior or mezzanine funds
  • Measuring long-term loan performance
A speaker photo for Dale Lattanzio

Dale Lattanzio

Managing Partner, DRC Capital

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A speaker photo for Ludo Mackenzie

Ludo Mackenzie

Head of Commercial Property, Octopus Property

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A speaker photo for Richard Spencer

Richard Spencer

Managing Director, Goldman Sachs

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16:20 - 17:00

Borrowers’ perspective on sourcing debt in today’s crowded market

Paul Lucas, Matthew Phillips, Stephen Morita
  • How easy is it to secure new acquisition financing/refinancing?
  • What do borrowers want from lenders in terms of relationships and structures? Nuances of working with bank vs non-bank lenders
  • Managing leverage, deciding how much debt to take and diversifying funding sources
  • Considering alternative sources of finance: corporate bonds, corporate finance, fintech, preferred equity

Moderated by: Paul Lucas, Partner, Proskauer

A speaker photo for Paul Lucas

Paul Lucas

Partner, Proskauer

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A speaker photo for Matthew Phillips

Matthew Phillips

Principal, Valor Real Estate Partners

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A speaker photo for Stephen Morita

Stephen Morita

Director, Eastdil Secured

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17:00 - 17:05

Chair's closing comments

17:05 - 19:30

Cocktail Reception

Agenda

Day 2 - Wednesday 26th

PERE Debt & Finance 2019 - Day 2
08:15 - 09:00

Investor breakfast (by invitation only)

08:30 - 08:55

Registration & networking

08:55 - 09:00

Welcome from the Chair

09:00 - 09:45

The return of the European CMBS market

  • From CMBS 1.0 to 2.0: how has the structure evolved?
  • Is the comeback sustainable?
  • Investor demand for CMBS
  • New acquisition finance or refinancing: when to choose CMBS
09:45 - 10:30

Development, re-development and major renovation finance

Arthur Jennings, Thomas Rapp
  • Overview of the lending activities for development across Europe: LTV versus LTC constraints
  • Current risk appetite for development finance: how do traditional and alternative lenders differ?
  • Is debt the safest route into developing a build-to-core strategy?
  • Securing funding: what do developers need to be able to convince lenders to back them on speculative projects and on what terms?
A speaker photo for Arthur Jennings

Arthur Jennings

Managing Director, Fortwell Capital

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A speaker photo for Thomas Rapp

Thomas Rapp

Managing Director, Wells Fargo

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10:30 - 11:00

Coffee & networking

PERE Debt & Finance 2019 - Day 2
11:00 - 11:45

The ‘new’ alternative lenders: how technology is giving rise to innovative financing platforms

Uma Rajah
  • How is the real estate lending landscape changing?
  • What and where are the opportunities for investors, developers and asset owners?
  • How are new dynamic financing models being regulated? And what happens in a market downturn? Do new models work through a real estate cycle?
  • Crowdfunding, marketplace lending, digital lending: how will traditional lenders innovate to stay relevant?
A speaker photo for Uma Rajah

Uma Rajah

CEO & Co-Founder, CapitalRise

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11:45 - 12:30

Real estate financing: the role of sustainability

Josien Piek, Hein Wegdam
  • Innovative financing and investment solutions for environmentally sustainable real estate
  • ESG integration into debt funds
  • What borrowers want: green loans versus green bonds
  • UK and European initiatives to standardise green lending and improve real estate sustainability
A speaker photo for Josien Piek

Josien Piek

Head of EMEA, GRESB

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A speaker photo for Hein Wegdam

Hein Wegdam

Director Sustainable Real Estate Products, ING Real Estate Finance

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12:30 - 13:15

Lunch & networking

PERE Debt & Finance 2019 - Day 2
13:15 - 14:00

Consumer driven real estate: retail and logistics

Karen Martinus
  • How retailers can integrate online and physical worlds to enhance the customer experience
  • With low yields and high investment volumes: are we entering a logistics bubble?
  • UK versus Europe: where to find value in a crowded market
  • Improving delivery speed and efficiency: how automation is impacting the logistics market
A speaker photo for Karen Martinus

Karen Martinus

Global Research Associate, USAA Real Estate

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14:00 - 14:45

Workplace: investing in the office of the future

Amal Del Monaco, Peter Papadakos, Rob Stevenson
  • Flexibility, mobility and adaptability: how office buildings can remain relevant in the future
  • The rapid rise of co-working: a short-term phenomenon or is it here to stay?
  • Crowd-working, hot-desking, co-working and serviced offices: keeping up with the demands of the modern occupier
  • Late-cycle investing: where are the opportunities for growth?
A speaker photo for Amal Del Monaco

Amal Del Monaco

Head of Sector Specialists, AXA IM - Real Assets

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A speaker photo for Peter Papadakos

Peter Papadakos

Managing Director, Green Street Advisors

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A speaker photo for Rob Stevenson

Rob Stevenson

Chief Strategy Officer, TechSpace

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14:45 - 15:00

Close of conference

Sponsorship opportunities for 2019

PERE Debt and Finance offers a unique opportunity for organisations to raise their profile by aligning themselves with the information provider for the private real estate industry.

For more information on the available sponsorship opportunities contact:
Christopher Wagland, Business Development – EMEA

E: chris.w@peimedia.com | T: +44 (0) 0207 566 5475


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