Past Conferences

Europe: Property Development, Investment & Finance

9th Annual Conference
19–20 January 2005
Hotel Intercontinental Paris
Paris, France

Programme

Programme (PDF)

Speakers

Sponsors

Corporate Partners

Press Releases

ULI Announces Creation of ULI European Centre for Urban Regeneration and Sustainability

The Urban Land Institute (ULI), a global research and education institute dedicated to responsible land use, has announced the creation of the ULI European Centre for Urban Regeneration and Sustainability to advance the institute’s work in supporting cities throughout Europe. [read more]

Emerging Trends in Real Estate® Europe 2005: Investors Anticipate Profitable Year; Paris, Milan, London Are Top Market Choices

Real estate investors throughout Europe are optimistic about the industry’s potential to generate healthy returns over the coming year, according to the highly regarded real estate investment report, Emerging Trends in Real Estate® Europe 2005, just published by the Urban Land Institute (ULI) and PricewaterhouseCoopers LLP. [read more]

Chair's Welcome

In January the Urban Land Institute will host its 9th ULI Europe Conference in Paris. Join the industry leaders from around the world who each year come together to make this the premier real estate forum in Europe. This unique event brings together leading developers, investors, advisors and public officials to explore the key challenges, opportunities and trends facing our industry.

This year’s conference promises an even wider range of opportunities for you to discover key trends that will affect you and your business and to share ideas with your peers:

• Timely, substantive and provocative agenda.
• A more interactive and expanded programme featuring over 40 speakers and panelists.
• Optional tour showcasing extraordinary new projects.

ULI’s acclaimed project analysis sessions.

• An economic overview featuring John Kay, one of Europe’s leading economists.
• ULI Europe Leadership Dinner featuring renowned futurist Andrew Zolli (by invitation).
• A host of networking opportunities including a newly added welcome reception and ULI’s Urban View featuring ULI’s leading corporate partners.

If this is your first ULI conference or you are joining us once again, I’m confident that you will find this event full of new opportunities, new perspectives and a worthwhile way to start the year.

I look forward to welcoming you to Paris in January.

Jean Jacques Dayries
Chief Executive Officer,
IXIS AEW Europe
Paris, France

Dayries is chief executive of IXIS AEW Europe, a real estate investment management company owned by Caisse d'Epargne and Caisse des Depots et Consignations. With €9.3 billion assets under management, IXIS AEW Europe is a strong European leader in real estate investment management and advisory services.

Focus

The 9th Annual ULI Europe Conference will explore the forces shaping the investment and development climate in Europe. Understanding the key trends, globally and within Europe will be more important than ever to making the right business decisions in 2005.

ULI’s global reach allows us to bring thought leaders from Europe and around the world to focus on specific issues, challenges, and opportunities in the European marketplace. Expert-led sessions are structured to let you participate in the discussion, ask questions and share insights.

• The Globalisation of Real Estate Finance and Investment.
• Competing for the Future—European cities on the world stage.
• Why ‘Europe’ matters—the effects of expansion, policy, and regulation.
• The changing customer—key trends and their implications for development.
• Leading an international property business—lessons from the winners.
• Olympic Gold—candidates and winners explore the effect on host city property markets.
• The REIT Revolution—new opportunities and challenges.
• Hot off the press Emerging Trends in Real Estate® Europe 2005.
• And much more!

Invitation-Only Events

TUESDAY 18 January 2005
ULI Europe Committee Meetings
ULI Europe Council Dinner

WEDNESDAY 19 January 2005
ULI Europe Office and Mixed-Use Council
ULI Europe Resort Development Council
ULI Europe Retail and Entertainment Council
ULI Europe Urban Renewal Council
ULI Europe Leadership Dinner Featuring Andrew Zolli

Programme Schedule At-A-Glance

Europa: Promoción, Inversión y Finanzas
Europa: Entwicklung von Immobilien, Investitionen und Finanzen
Europe: développement de la propriété, investissement et financement

Tuesday 18 January 2005
(by invitation only)

1200–1500
ULI Policy and Practice Committee Meeting

1500–1800
ULI Europe Steering Committee

Evening ULI Europe Council Dinner

Wednesday 19 January 2005
(council meetings open to council members only)

0830–1600
ULI Europe Office and Mixed-Use Council
ULI Europe Resort Development Council
ULI Europe Retail and Entertainment Council
ULI Europe Urban Renewal Council

1030–1530
Optional Tour

1600–1800
Welcome and Opening General Session
Emerging Trends in Real Estate® Europe 2005: An Insider’s Forecast

1800–1915
Welcome Reception

1945–2230
ULI Europe Leadership Dinner: Exploring the Road Ahead, Featuring Andrew Zolli (by invitation only)

Thursday 20 January 2005

0930–1030
The Truth about the Economy and Business, Featuring John Kay

1030–1100
Break

1100 –1215
Concurrent Sessions:
I. The Globalisation of Real Estate Finance and Investment: Investment without Borders
II. Competing for the Future: Cities on the Worldwide Stage
III. Why Europe Matters: The Effects of Expansion, Policy, and Regulation

1215–1445
Luncheon General Session
The Truth about Germany—Crisis or Opportunity 

1345–1445
Luncheon General Session
Olympic Gold: The Impact of the Olympics on Host City Property Markets

1445–1600
Concurrent Sessions:
I. Learn by Example: Exploring Best Practices
II. The Global REIT Revolution: New Opportunities and Challenges
III. European Demographic Trends: The Challenge Ahead

1600–1630
Break

1630–1730
Closing General Session
Building a Global Real Estate Industry: Lessons Learned from the Winners

1730
Conference Programme Ends

Europa: Promoción, Inversión y Finanzas

Martes 18 de enero de 2005
(sílo por invitación)

1200 – 1500
Reunión del Comité de Políticas y Prácticas de la ULI

1500-1800
Comité Directivo Europa
Velada
Cena del Consejo de Europa de la ULI

Miércoles 19 de enero de 2005

0830 – 1600
Consejo Europeo de Oficinas y Uso Mixto de la ULI
Consejo Europeo de Desarrollos Turísticos de la ULI
Consejo Europeo de Detallistas y Espectáculos de la ULI
Consejo Europeo de Renovación Urbana de la ULI

1030 – 1530
Tour Opcional

1600 – 1800
Bienvenida y sesión inaugural
Emerging Trends in Real Estate ® Europa 2005: Previsiones de un conocedor

1800 – 1915
Recepción de bienvenida

1945 – 2230
Cena de la ULI sobre Liderazgo: Explorar el camino por recorrer, con Andrew Zolli (sólo por invitación)

Jueves 20 de enero de 2005

0930 – 1030
La verdad sobre la economía y los negocios, con John Kay

1030 – 1100
Receso

1100 –1215
Sesiones simultáneas:
I. La Globalización de la financiación y la inversión inmobiliaria: Inversión sin fronteras
II. Compitiendo por el futuro: Las ciudades en el escenario internacional
III. Porqué es importante Europa: Efectos de la Expansión, la Política y la Reglamentación

1215 – 1445
Sesión General de Almuerzo

1445 – 1600
Sesiones simultáneas:
I. Aprender por el ejemplo: exploración de las mejores prácticas
II. La revolución global del REIT: Nuevas oportunidades y retos
III. El cambiante consumidor: Tendencias clave y sus consecuencias en el desarrollo

1600 – 1630
Receso

1630 – 1730
Sesión General de Clausura
Construir una Industria Inmobiliaria Mundial: Lecciones que nos dan los ganadores

1730
Fin del programa de la conferencia

Europa: Entwicklung von Immobilien, Investitionen und Finanzen

Dienstag, 18. Januar 2005
(nur auf Einladung)

12.00 - 15.00 Uhr
Sitzung des ULI-Ausschusses Veriahren und Praxis”

15.00 - 18.00 Uhr
Sitzung des Lenkungsausschusses ULI Europa
Abends: Abendessen der verschiedenen ULI Europa-Fachausschüsse

Mittwoch, 19. Januar 2005

8.30 - 16.00 Uhr
ULI Europa – Fachausschuss Büro- und Mixed-Use-Immobilien
ULI Europa – Fachausschuss Resort-Entwicklung
ULI Europa – Fachausschuss Einzelhandels- und Entertainment-Immobilien
ULI Europa – Fachausschuss Stadterneuerung

10.30 - 15.30 Uhr
Stadtführung (Teilnahme frei)

16.00 - 18.00 Uhr
Plenarsitzung: Eröffnung der Konferenz und Begrüßung der Teilnehmer
Die neuesten Trends auf dem europäischen Immobilienmarkt für das Jahr 2005 – eine Insider-Prognose

18.00 - 19.15 Uhr
Empfangscocktail

19.45 - 22.30 Uhr
ULI Europa Leadership: Abendessen Aussichten für die Zukunft, mit Andrew Zolli (nur auf Einladung)

Donnerstag, 20. Januar 2005

09.30 - 10.30 Uhr
Die Wahrheit über die Lage der Wirtschaft und Unternehmen, mit John Kay

10.30 - 11.00 Uhr
Kaffeepause

11.00 -12.15 Uhr
Zeitgleiche Sitzungen:
I. Die Globalisierung der Immobilienfinanzierung: Grenzüberschreitende Investitionen
II. Der Wettkampf um die Zukunft: Städte im weltweiten Wettbewerb
III. Warum Europa eine so große Bedeutung zukommt: Auswirkungen der Expansion, politische und gesetzliche Rahmenbedingungen

12.15 - 14.45 Uhr
Mittagessen & Plenarsitzung

14.45 - 16.00 Uhr
Zeitgleiche Sitzungen:
I. Lernen anhand von Beispielen: Vorstellung von Best Practices
II. Die globale REIT-Revolution: Neue Gelegenhetten und Herausforderungen
III. Neue Verbrauchergewohnheiten: Die wichtigsten Trends und ihre Implikationen für die Entwicklung von Immobilienprojekten

16.00 - 16.30 Uhr
Kaffeepause

16.30 - 17.30 Uhr
Abschließende Plenarsitzung: Aufbau einer globalen Immobilienindustrie: Die Erfahrungen der erfolgreichsten Unternehmen

17.30 Uhr
Ende der Konferenz

Europe : développement de la propriété, investissement et financement

Mardi 18 janvier 2005
(uniquement sur invitation)

12h00 – 15h00
Réunion du comité des politiques et des pratiques d’ULI

15h00 – 18h00
Comité directeur Europe d’ULI
Soirée
Dîners du conseil Europe d’ULI

Mercredi 19 janvier 2005

08h30 – 16h00
Conseil bureaux et usages mixtes d’ULI pour l’Europe
Conseil développement des lieux de villégiature d’ULI pour l’Europe
Conseil commerces et loisirs d’ULI pour l’Europe
Conseil réhabilitation urbaine d’ULI pour l’Europe

10h30 – 15h30
Excursion facultative

16h00 – 18h00
Séance de bienvenue et d’ouverture
Les tendances qui se dégageront en 2005 dans l’immobilier en Europe : Prévisions d’un initié

18h00 – 19h15
Réception de bienvenue

19h45 – 22h30
Dîner de la direction ULI pour l’Europe : Explorer les voies qui s’ouvrent à nous, présentation par Andrew Zolli (uniquement sur invitation)

Jeudi 20 janvier 2005

09h30 – 10h30
La vérité sur l’économie et l’activité, présentation par John Kay

10h30 – 11h00
Pause

11h00 – 12H15
Sessions parallèles
I. La globalisation du financement et de l’investissement dans l’immobilier : investissements sans frontières
II. Rivaliser pour le futur : les villes sur la scène mondiale
III. Pourquoi l’Europe est-elle importante : les effets de l’expansion, de la politique et de la réglementation

12h15 – 14h45
Déjeuner commun – Séance générale du déjeuner

14h45 – 16h00
Sessions parallèles :
I. Apprendre par l’exemple : explorer les meilleures pratiques
II. La révolution mondiale REIT : les nouvelles opportunités et les défis
III. Le consommateur qui change : les principales tendances et leurs implications dans le développement

16h00 – 16h30
Pause

16h30 – 17h30
Séance générale de clôture
Construire une industrie de l’immobilier mondiale : les leçons apprises des gagnants

17h30
Fin de la conférence

Programme

Wednesday, 19 January 2005

1600-1800
Welcome and Opening General Session
Emerging Trends in Real Estate Europe 2005

Published jointly each year by ULI and its partner PricewaterhouseCoopers, the Emerging Trends in Real Estate® Europe 2005 report is considered to be the most comprehensive annual forecast available on all categories of the commercial real estate industry. This report once again will be released at the ULI Europe Conference. Its findings are based on an extensive survey and interviews with industry leaders, including owners, developers, investors, advisers, analysts, and consultants. Hear leading property experts respond to the report's findings and join the debate about the future opportunities and risks for the European property industry.

Andrew Zolli

Founder
Z-Partners
Brooklyn, New York, USA

1800 - 1915
Welcome Reception

Enjoy an evening with old friends and new business associates at this year's welcome reception.

1945 - 2230
ULI Europe Leadership Dinner: Exploring the Road Ahead, Featuring Andrew Zolli
(by invitation only)

Andrew Zolli is a forecaster, design strategist, and author who works literally at the intersection of culture, creativity, technology, and research on the future. Zolli specializes in helping people and institutions see, understand, and act upon complex change. He is a contributing futurist at Popular Science magazine and a regular contributor to Wired magazine. In this provocative and entertaining talk, Zolli will point out the challenges and opportunities that appear on the horizon, and will discuss what organisations should be doing now to prepare for a future that is full of surprises.

John Kay
Economist
London, United Kingdom

Thursday, 20 January 2005

0930 - 1030
The Truth about the Economy and Business,
Featuring John Kay

Kay is an economist with attitude. One of Europe's leading economists, Kay specialises in analysing the relationship between economics and business. He is the author of The Truth About Markets—a candid look at everything you wanted to know about economics but were afraid to ask—and contributes a weekly column to the Financial Times. Drawing on his vast knowledge and research, Kay will share his beliefs on the significance of applying economics to the analysis of change in industrial structure and on the competitive advantage of individual firms. The discussion will encompass both business strategy and public policy.

1030 - 1100
Break

1100 - 1215
Concurrent Sessions

I. The Globalisation of Real Estate Finance and Investment: Investment without Borders
Financial markets and geopolitical conditions constantly affect the flow of capital around the globe. What property types and regional markets will investors favour? How can you best position yourself to access available capital? Find out from this panel of leading global investors what the likely investment prospects are for the coming years, where the money is coming from, and what is driving the investment decisions.

II. Competing for the Future: Cities on the Worldwide Stage
The great cities of Europe are renowned for their quality of life. Can they retain that reputation as the characteristics that define quality of life evolve? Technology, innovation, and labour skills have all changed the criteria of what makes a city viable. Building on last years programme, this session will continue the discussion on how characteristics such as urban sustainability, the growing Asian influence, and political and economic integration play into competing for the future. Discover whether European cities can compete with emerging cities around the world and what impact the enlargement of the European Union will have on current “success” stories.

III. Why Europe Matters: The Effects of Expansion, Policy, and Regulation
Decisions in Brussels have far-reaching consequences for the property industry in Europe. New regulations and policies will shape investment and development decisions in profound ways in the coming years. At the same time, the recent addition of ten new countries to the European Union presents new possibilities. In this session, we will explore the challenges and opportunities for the property industry in the years ahead.

1215 - 1445
Luncheon General Session
The Truth about Germany—Crisis or Opportunity

Why does it matter if the German market falters? With the largest property market in Europe, Germany holds tremendous sway over the overall outlook for Europe. As Germany goes, so goes Europe. 2004 has been a challenging year for the German property market. Many experts feel the market has reached the lowest level in over a decade. Fundamentals were stubbornly weak. New development was practically non-existent. Open-ended funds were rocked by allegations of overvaluation. What will the implications be for other markets where German funds have invested? If the situation is so bleak, why are so many investing? Are positive changes in GermanyÍs general economic conditions behind this seemingly unfounded confidence? Is this the beginning of a crisis, an opportunity, or both? Leaders from the German real estate industry will be joined by global real estate players to explore the future of EuropeÍs largest market.

1445 - 1600
Concurrent Sessions

I. Learn by Example: Exploring Best Practices
Explore best practices through case studies of significant projects. Choose one of the following sectors, and in an intimate setting, you will hear the details about the development process of successful projects in this sector.

• Mixed Use
• Retail
• Office

II. The Global REIT Revolution: New Opportunities and Challenges
Real estate investment trusts (REITs) and REIT-like entities have been established in many countries around the world, including Australia, Japan, Korea, Canada, the U.S., France, and the Netherlands. Other countries, including the U.K., are considering REIT laws. Don’t miss this chance to hear the latest information on the status of REITs around the world and to find out where the opportunities lie.

III. European Demographic Trends: The Challenge Ahead
Demographics are a key driver of structural demand for property. Populations in mature economies of the world are aging. This phenomenon has been widely discussed but the far-reaching consequences for property markets have received much less attention. A recent study highlights the structural challenge ahead for European property markets. The presentation of this research will explore how the demand for office, retail, and residential real estate in Europe will affect development and investment in Europe.

1600 - 1630
Break

1630-1730
Closing General Session
Building a Global Real Estate Industry: Lessons from the Winners
The last decade witnessed an extraordinary restructuring and consolidation of the real estate industry on a global scale. Investors, developers, and advisers have merged, acquired, and partnered their way to competitive dominance. What are the advantages of size and coverage? What are the leadership challenges involved in managing a global real estate company? Hear the perspectives of industry leaders on the new global realities and what the future holds.

1730
Conference Programme Ends

Optional Tour

Wednesday, 19 January 2005
1030-1530

In conjunction with this year’s conference, ULI Europe has organized an optional tour of three excellent examples of regeneration in Paris. You will tour both mixed-used and large scale projects, learning about their design, development, history, financing, marketing, and much more.

The tour will include the following projects:

Le Centorial

Situated in the heart of the financial district and bordering the Opera, Galleries Lafayette, and Printemps, the Centorial offers 38,000 square meters of office space with natural light diffused throughout. The Centorial regeneration project was begun in January 2001 by AIG French Property Fund for DEKA Immobilien Investment GmbH .

The architecture of the Centorial takes into consideration both style and efficiency, marrying steel and glass within the context of a traditional Parisian building featuring sweeping glass-vaulted ceilings and grand corridors along with all the amenities of a modern office complex.

Paris Rive Gauche

Not since the ‘grands projets’ of Haussman in the 19th century has Paris witnessed a development on the scale of Paris Rive Gauche. Situated in the 13th arrondissement, running from the Gare d’Austerlitz to Massena, the Seine to the rue de Chevalert, this mixed-use development houses over 4,000 residents and welcomes 15,000 workers each day.

An excellent example of a lively, thriving urban regeneration project, Paris Rive Gauche is planning further growth with housing eventually for 15,000, a target of 60,000 jobs, and 30,000 students and academics visiting each day.

NEO, 14 boulevard Haussman

Located in the heart of the prime shopping district and close to the Gare Saint-Lazarre, NEO is an ideally situated state-of-the-art building featuring cutting-edge technology and over 31,000 square meters of redeveloped office space.

A Hammerson project, the building features an upscale, typically Parisian Haussman facade, grand entrances, and a monumental atrium, with every part of the building bathed in daylight

* An additional fee applies: see registration form for details.

You must be registered for the conference in order to attend the optional tour. Tour is limited to 50 people and will include a box lunch.

Councillor Sir Albert Bore
Labour Leader
Birmingham City Council,
Birmingham, United Kingdom

Simon H.T. Clark
Head of European Real Estate
Linklaters
London, United Kingdom

John Coppedge
Executive Vice President
International Operations
Cushman & Wakefield
New York, New York, USA

Edmund Craston
Managing Director/
European Head of Real Estate
UBS Warburg
London, United Kingdom

Jean Jaques Dayries
Chief Executive Officer
IXIS AEW Europe
Paris, France

Robert De Barr
Director of Development Partnerships
Land Securities
London, United Kingdom

Piet Eicholtz
Research Director
Professor
Faculty of Economics and
Business Administration
Maastricht University
Maastricht, the Netherlands

Alec Emmott
Director General
Société Foncière Lyonnaise
Paris, France

Alan C. Froggatt
EMEA Chief Executive
CB Richard Ellis
London, United Kingdom

Thomas Hoeller
Managing Director
TMW Immobilien Gmbh
Munich, Germany

Charlie R. Hughes
Miller Hughes Associates, Ltd.
Chichester, United Kingdom

Rory Joyce
Partner
Drivers Jonas
London, United Kingdom

Berndt Knobloch
Chief Executive Officer of the Board
Eurohypo AG
Helfman, Germany

Jan De Kreij
Chief Executive Officer,
Corio N.V.
Utrecht, the Netherlands

Pat Leardo
Global Real Estate Consulting Leader
PricewaterhouseCoopers LLP
New York, New York, USA

Gerald Parkes
Managing Director
Private Equity Real Estate
Europe
London, United Kingdom

Owen D. Thomas
Managing Director
Morgan Stanley
New York, New York, USA

Nicholas J.M. van Ommen
Chief Executive Officer
European Public Real Estate Association
Schipol, the Netherlands

Association of Foreign Investors in Real Estate (AFIRE)

AFIRE is the official voice of the foreign institutional real estate industry. AFIRE members have a common interest in preserving and promoting international real estate investment.

www.afire.org

British Property Federation (BPF)

The British Property Federation is a long-established and well-respected trade association that has achieved a considerable degree of success in representing to government the interests of the property-owning and investing industry. The mission of BPF is to sustain and promote the interests of all those who own and invest in property in the U.K.

www.bfp.org.uk

European Public Real Estate Association (EPRA)

EPRA aims to provide European public real estate companies with effective and continuous leadership in matters of common interest. EPRA encourages discussion of issues influencing the industry both within its membership and with appropriate governmental and regulatory bodies. EPRA endeavors to develop policies concerning standards or reporting disclosure, ethics, and industry practices. Although not a disciplinary body, EPRA actively encourages adherence to these policies. EPRA sponsors and publishes research for the benefit of its members.

www.epra.com

IPD

IPD is a global information business, dedicated to the supply of independent market indices and portfolio benchmarks to the property industry. It operates in 16 countries around the world, including a dozen in European markets. The company's benchmarks are the industry standard for professional investors and IPD's information has enabled researchers to analyse property with the same techniques and rigour as are frequently applied to equities and other financial assets. IPD's status as an independent information company ensures that its research is always accurate and impartial.

www.ipdindex.co.uk

Investment Proprty Forum (IPF)

The Investment Property Forum is recognised as one of the leading specialist property industry bodies in the U.K. It comprises an influential network of senior professionals all active in the commercial property investment market. The strength of the organisation lies in the diversity of members of over 1,500, which includes investment agents, fund managers, bankers, lawyers, researchers, academics, actuaries, and other related professionals. Its mission is to improve the awareness, understanding, and efficiency of property as an investment, for members and others in the wider business community, by undertaking research and special projects providing education and encouraging discussions and debate.

www.ipf.org.uk

Harry Frampton
Chairman
ULI–the Urban Land Institute
Washington, D.C., USA

Richard Rosan
President
ULI–the Urban Land Institute
Washington, D.C., USA

William Kistler
President
ULI Europe
London, United Kingdom

Andrea Amadesi
Managing Director
AEW, Italia SPA
Milan, Italy