RISMEDIA, June 15, 2010—(Reuters)—Some of the world’s leading names in the international real estate community will visit the Reuters bureaus in Dubai, New York, London, Hong Kong, Singapore and Madrid from June 14-17 to discuss the outlook for the real estate and infrastructure sector in a series of exclusive interviews. The stories and videos from the closed on-the-record sessions at the Reuters Investment Outlook will be posted online at www.reuters.com/summits.
The global real estate sector has survived three years of massive write downs and broken credit lines, but now worldwide recession threatens to curtail its growth in 2010 and beyond. An investor stampede toward safe, income-producing assets has sparked rapid growth in the pricing of prime real estate but the values of lower quality property types remain under pressure and finance remains a precious commodity. Builders and developers are tiptoeing back to development projects but shallow job growth means they have no guarantee of finding tenants.
In infrastructure, divergence in economic growth and the strength of public finances between developed and developing countries are creating new opportunities and challenges for investors. Strained budgets mean governments are keener to attract private investment in the sector while the appeal of infrastructure’s inflation-linked cash flows could grow if low interest rates persist. On the other hand, the economic downturn has diminished the appetite of investors for assets exposed to GDP growth and has increased competition for regulated assets offering steady returns.
Reuters Global Real Estate and Infrastructure Summit will generate exclusive stories about these topics and more, and investable insights, as well as online videos and blog postings which can be seen at: http://www.reuters.com/summit/GlobalRealEstate10
Please note: Some live recordings of this Summit will be available exclusively through Reuters Insider – a new multimedia platform delivering relevant news, analysis and trade ideas presented through a personalized video experience. For more information, visit: http://insider.thomsonreuters.com.
The distinguished lineup of speakers for the Reuters Global Real Estate and Infrastructure Summit includes:
-The Related Companies CEO and Chairman Stephen Ross;
-The Corcoran Group CEO Pam Liebman;
-Alinda Capital Partners Managing Partner Christopher Beale;
-Toll Brothers CEO-Elect and Executive Vice President Douglas Yearley;
-LeFrak Organization Chairman, President and CEO Richard LeFrak;
-Jones Lang LaSalle Americas Capital Markets President Jay Koster II;
-Venable Partner Greg Cross;
-Evercore Partners Senior Managing Director and Head of Real Estate Advisory Practice Martin Cicco;
-The Related Companies President Jeff Blau;
-Skanska USA President Mike McNally.
-Blackstone Managing Director for Restructuring and Reorganization Advisory Group Simon Davies;
-UBS Global Asset Management Global Real Estate Head Paul Marcuse;
-Atlantia CEO Giovanni Castellucci;
-AXA Real Estate Investment Management Global Chief Investment Officer Dennis Lopez;
-British Land CEO Chris Grigg;
-AEW Europe CEO Christian Delaire;
-Citi Managing Director of Municipal Securities Division David Brownstein;
-Citi Director of US Municipal Securities Division Patrick Brett;
-Multi Development CEO Glenn Aaronson;
-Eurocommercial Properties CEO Jeremy Lewis;
-Eurotunnel CEO Jacques Gounon;
-PRUPIM Managing Director Martin Moore;
-Global Via Infraestructuras Chairman Juan Bejar;
-DekaBank Board Member Matthias Danne;
-HSBC Alternative Investments Head of Real Estate Paul Forshaw;
-PIK CEO Pavel Poselenov; and
-Balfour Beatty CEO Ian Tyler.
Asia and Middle East
-Al Habtoor Leighton Group CEO Laurie Voyer;
-ETA Star Properties Executive Director Abid Junaid;
-Lodha Developers MD Abhishek Lodha;
-Waha Land Development Chief Operating Officer Hazem al-Nowais;
-Union Properties General Manager al-Jarwan;
-HSBC Asia Head of Real Estate Jason Kern;
-UBS Head of Real Estate Australasia and Investment Banking Timonthy Church;
-JP Morgan Asset Management Global Real Assets and Asian infrastructure CEO Philip Jackson;
-Pacific Alliance Japan Land President and CEO Anthony Miller;
-Aviva Investors Asia Pacific CEO Ian Hally;
-Standard Chartered Managing Director for China Commercial Real Estate Edmund Ho;
-Westfield CFO Peter Allen;
-Industry Funds Management Global Head of Infrastructure Kyle Mangini;
-Industry Funds Management Executive Director of Infrastructure Michael Hanna;
-LaSalle Investment Management Japan CEO Yasuo Nakashima;
-CP2 Managing Director of Infrastructure Peter Doherty;
-Pacific Alliance China Land Managing Director Patrick Boot;
-Drake and Scull International CEO Khaldoun Tabari;
-Valemus Ltd. CEO Peter Brecht;
For continuous coverage of the summit, click here.