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Pre-conference day:
Specialty & Branded Real Estate Summit [NEW for 2008]
23rd June, 9.30am - 4.30pm
Masterclass: Increasing your triple bottom line of your property portfolio through the pursuit of corporate sustainability
23rd June, 10am - 4pm
Conference:
Day 1, 24th June
8.30am - 5.45pm
Day 2, 25th June
9.30am - 5.30pm
Post-conference day:
REIW Vietnam Summit [NEW for 2008]
26th June, 10am - 3pm
Masterclass: Refining your investment manager selection for improved fund governance
26th June, 10am - 3pm
› Add this to my calendar
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Programme
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Pre-Conference (23 June, Monday): Specialty & Branded Real Estate Summit
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08.00 | Registration and networking breakfast
| 09.15 | Chairman's welcome and opening address
| | ACQUISITION, DEVELOPMENT AND FINANCING STRATEGIES FOR HOTEL VENTURES IN ASIA |
| 09.30 | The Hotel Leaders Forum: Trials and tribulations of hotel management: Achieving owner investment benchmarks through innovative product offerings, brand strategies and other organisational techniques
 Managing the overall outlook for Asian hospitality: How will lodging trends impact the rise and fall of hotels and resorts?- Identifying realistic returns and profit expectations fuelled by the current hotel construction boom and growing consumer demand – With new hospitality entrants, how can market leaders maintain their competitive edge?
- Crafting effective brand strategies for end-user differentiation and individual innovation – How different is the Asian hotel scene from the Western markets?
- Trendspotting activities in the hospitality sector and the increased evolution of value-added investment strategies – Will development supplement acquisition? What is the likelihood of industry consolidation?
| | | Mr Desmond Pugson, Vice President & Managing Director, Asia Pacific Operations, Wyndham Hotel Group International Mr Peter Gowers, Chief Executive, Asia Pacific, InterContinental Hotels Group Asia Pacific Mr Bernold Schroeder, Senior Vice President & Managing Director - Hotel Operations, Banyan Tree Hotels & Resorts Mr Gaurav Bhushan, Senior Vice President, Development, Asia Pacific | Executive Director, India, Accor Asia Pacific Moderator: Dr. Judy Siguaw, Dean, Cornell-Nanyang Institute of Hospitality Management
| 10.15 | Candid Talk: The Why Behind The Buy
 Analysing the inflow of private equity money into hotel developments and acquisitions – What is the outlook on transaction volumes, investor appetite and deal availability?
- Developing a well capitalised and returns-oriented property portfolio involving hotel investments ranging from core-plus to opportunistic
- Driving higher yields for hotel real estate through sound asset management and investment strategies for surpassing investors’ key performance indicators
- Implementing effective financial control over owner / operator driven business models
- Unlocking the financial value of real estate assets - How will buoyant private equity flow into hotel properties transform the mechanics of hotel management?
| | | Mr Tony South, Senior Vice President, Development & Asset Management, InterContinental Hotels Group Asia Pacific
| 11.00 | Conversational refreshment break
| 11.30 | Case Study: Reinforcing hotels as an increasingly robust asset class and highlighting the untapped investment opportunities abound China, India and beyond
- Gauging the impact of booming tourism in the emerging markets and the special needs of business travellers – Is there a lucrative market for all?
- India versus China: Either, both or neither? Is this a ‘hospitality game’ for only the largest and most sophisticated players?
- Deciphering the hidden complexities and underlying value of hotel ventures in China and India – Pinpointing the preferred partner selection criterion in enhancing investment returns
- Evaluating the surge in budget hotels – Are they giving traditional hotels a run for their money?
| | | Mr Kieron Ritchard, Vice President, Strategy, Greater China, InterContinental Hotels Group Mr Paul Logan, Vice President, Development, Southern Asia & Korea, InterContinental Hotels Group Asia Pacific
| 12.00 | Panel Discussion: Find the money! Originating funding and debt restructuring options for hotel ventures in Asia
- Upcoming trends of hotel financing through debt rather than reinvesting profits – What is the impact on acquisition and liquidation of hotel properties as ‘real estate assets’?
- Balancing the impact of financing alternatives on the viability of hotel ventures and their investment returns
- Determining funding strategies and the optimal capital structure involved for hotel development, syndication, franchising and management – What opportunities are present for the venture capital industry?
- Lifting portfolio profitability and funding hotel developments through the listing of hotel REITs – What are the unique challenges inherent and how can one overcome them?
| | | Mr Morgan Laughlin, Managing Director & Head of Real Estate Finance, Asia Pacific, Royal Bank of Scotland Mr Mike Wood, Senior VP & Head of Commercial Real Estate Lending & Project Finance, CITIC Ka Wah Bank
| 12.45 | Power networking luncheon
| | DEMAND AND GROWTH POTENTIAL OF ALTERNATIVE HOSPITALITY ASSET CLASSES |
| 13.55 | Chairman's remarks
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| 14.00 | The Luxury-Savvy Experience: Capitalising on the increasing investment returns of luxurious hotels and high-end branded residences
- Examining optimal property branding and the plethora of accompanying complexities
- Designing project concepts for luxury living and meeting expectations of residents and owners by providing all elements of an exceptional lifestyle
- Integrating real estate with the luxury segment – How high will yield returns soar and what dimension will high-end residential add to the value of hotels and resorts?
- Broadening of the real estate luxury segment - How is this paving the way for portfolio diversification? In the near term, what constitution of luxury properties can we foresee in both hoteliers and developers’ property chain?
| | | Mr Kunalan Sivapuniam, Managing Director | Co-Founder & Director, Emirates Tarian Capital | Hayden Properties
| 14.30 | Panel Discussion: Projecting the future income streams of serviced apartments and comparing its investment yields against hotels and residential properties
- Perspectives on construction costs, financing 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?
- How will hike in property taxes affect the valuation of each property type? Will serviced residences stand to benefit in the long-term?
- 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?
- Identifying the thriving Asian markets and assessing the regulatory environment and market demand of each in escalating the growth potential of serviced apartments
Session sponsor 
| | | Mr Kee Hiong Chong, Chief Executive Officer | Deputy Chief Executive Officer, Finance & Investments, Ascott Residence Trust Management Limited | The Ascott Group Limited Mr Rohan Davis, Executive Director, Property Development & Acquisitions, Quest Serviced Apartments Moderator: Mr Manfred Schoenleben, Partner | Executive Chairman, The Management Consulting Partners | Kempinski Residences
| 15.15 | Conversational refreshment break
| 15.45 | ‘Casino Royale’ Panel Finale: The upsurge in Asian gaming, hotel and resort destinations – How will their convergence impact the competitive landscape and market segmentation of hospitality sector?
- The macro picture of casino real estate – Is it the right time to increase your investments in this sector? Will the gaming or ‘rooming’ market become oversaturated?
- Comparing owner / operator partnerships and joint-venture developments – What does it take for the new breed to compete with established brands?
- Deriving the best value maximisation framework and yielding maximum liquidity on casino integrated resorts
- Detailing gaming hoteliers’ recent successes and envisioning the casino hotels of tomorrow
- Planning a mixed-use model approach with the inclusion of hotels, retail, entertainment, casinos and theme parks within a resort outlay
| | | Mr Ambrose Cheung, Co-Chief Executive Officer | Executive Director, Macao Studio City | eSun Holdings Pte Ltd Mr Sean Monaghan, Vice President, Business Strategy | Vice President, Investor Relations, Resorts World Sentosa | Genting International Mr Samuel Tan, Head of Loan Syndication, Southeast Asia, Lehman Brothers
| 17.00 | Chairman's closing and end of pre-conference summit
| 18.00 | Welcome cocktail reception at INK Club Bar, Fairmont Singapore
Hosted by 
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Main Conference (24 June, Tuesday): REIW Asia Day One
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07.30 | Registration and networking breakfast
Hosted by 
| 08.30 | Chairman's welcome and opening address
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| 08.45 | Guest-of-Honour address
| | | Ms Grace Fu, Senior Minister of State for National Development & Education, Ministry of National Development
| | THREADING THE PULSE AND HEARTBEAT OF ASIAN REAL ESTATE |
| 09.00 | VIP (Visions, Insights, Perspectives) Panel: Head-to-head with industry veterans: Examining the current state of Asian realty - Are we in the post golden age era and where do we proceed from here?
 Global realities – Local implications: Perspectives into industry dynamics, global emerging trends and movement of regional capital markets - Insights into the doctrine of property development, investment and M&A activity across the realty cycle – Achieving desired yields through intellectual asset management strategies as Asian real estate draws a flood of new investor money
- Capitalising on rising property prices and investment prospects further afield – With the increasing number of cross-border transactions, which are the key regions and sectors of opportunity?
- Setting the course ahead: What strategies are leading developers considering to shore up revenue and guarantee healthy returns amidst the increasingly competitive marketplace?
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| 09.45 | Special Address
Has the last financial crisis better prepared the Asia real estate industry to weather this global credit crunch, and how can investors in Asia better position themselves to profit from the current capital / debt / real estate market dislocations?
- What have Asian real estate players learnt from the last Asian financial crisis?
- Are they better able to weather the unfolding global credit crunch?
- Will Asian real estate lose its relative lustre in attracting global capital, in view of the real estate market corrections taking place in the West?
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| 10.15 | The world is not enough! Seeking a pre-eminent IPO or REIT listing platform for cross-border property exposure within the Pacific Rim
- The lure of offshore listing in developed markets – Seeking well established IPO / REIT structures for stability and downside protection, what comparisons can be drawn between Asia and the Western regions?
- Prospects and opportunities for REIT development in the thriving Asian markets – Apart from a strong listing platform, how will acquisition of quality properties determine its success rate? What other hurdles should one overcome?
- Domestic versus offshore offerings: Determining the valuation strategies, price factors and time to market under the influence of successive launches – How will investor sentiments affect the positioning and differentiating factors of IPOs / REITs?
| | | Mr Mark Ebbinghaus, Managing Director, Head of Real Estate, Lodging & Leisure, Asia, UBS Investment Bank
| 10.45 | Conversational refreshment break
Hosted by 
| 11.15 | Asian pay-off: What is the post subprime impact and its implications on real estate investments?
- Evolvement of a credit crunch crisis and diminution of global liquidity – How will volatile stock markets consequently impede real estate transactions?
- Rising mortgage delinquencies and waning investor confidence – Given the current economic indicators, how safe is placing your investment dollar on Asian real estate? Overall, did the subprime impact positively upon Asia?
- Assessing the availability of financial leverage for sponsor-led deals – How will this shape the property landscape for buyout and M&A activity?
| | | Mr Michael Smith, Managing Director & Head of Asia Real Estate, Investment Banking, Goldman Sachs
| 11.45 | The return of risk aversion with a credit crunch underway - Prospects for the global economy and its impact on real estate fundamentals
- Observing the paradigm shift of capital exposure to risk and implications of the financial market turmoil on global real estate
- Tracking property market movements and structuring investment strategies for harvesting gains and capital redeployment
- Capitalising on the diversification potential of real estate and creating value-add within a multi-asset portfolio
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| 12.15 | Power networking luncheon
Hosted by  
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Main Conference (24 June, Tuesday): REIW Asia Day One - Stream A
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| SHAKEN OR STIRRED – WHICH WAY FOR DEBT MAKRETS NOW? |
| 13.55 | Chairman's remarks
| | | Mr Darrell Wheeler, Managing Director & Global Head of CMBS Strategy & Analysis, Citi Global Markets
| 14.00 | Evaluating risk adjusted returns of high-yield debt within the ‘new geography’ of real estate business
- Investor demand and risk appetite, mounting liquidity and structural aggression – How will these factors further stretch LBOs and what are the implications on high-yield debt offerings?
- Where are you putting your fixed-income dollars in today’s capital market and finance environment? How attractive is high-yield as a financing tool when weathering the subprime winds of change?
- Transition from public high-yield debt to private placement markets: Convergence versus divergence – Where is the Asian real estate debt market heading?
- Highlighting the growth potential and limitations of high-yield investing within the Asian property market – Which are the successful done deals? How extensive can issuances and transaction volumes progress?
| | | Mr Sameer Nayar, Managing Director & Head of Real Estate Finance, Asia Pacific, Credit Suisse
| 14.30 | Tailoring an investment grade lift for mezzanine financing – How can its scope and flexibility surpass that of plain vanilla loans?
- Bridging the funding gap and securing additional capital through mezzanine financing – How will equity access further fuel real estate acquisitions, expansions and re-capitalisations?
- Finding the optimal financial leverage on debt structures and magnifying the returns on equity for real estate income property
- Declining real estate values, low-interest rate lenders, property rental growth and future revenue streams – How imperative is each of concern for mezzanine financiers?
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| 15.00 | Panel Discussion: Managing property risk through the exploration of its equity and debt exposure within a volatile credit market
- Gravitating distressed debt and turnaround investing in creating liquidity for property investors
- Size, tenor and price in senior lending: The evolving leveraged loans market in Asia – How big will it be and when?
- Sustaining debt levels in the property market - Driving up CMBS volumes and contributing to spread widening through refinancing activity
- Originating and structuring private placement debt for property developers
- Preventing a real estate bubble in Asia – Can loan securitisation help? What are the gains and barriers to asset securitisation?
| | | Mr Morgan Laughlin, Managing Director & Head of Real Estate Finance, Asia Pacific, Royal Bank of Scotland Mr John Dahl, Managing Director, Head of Global Securitised Markets, Asia Pacific, Citi Corporate & Investment Banking Mr Thomas Pearson, Managing Director & Co-Head, Global Real Estate Group, Asia, Lehman Brothers Real Estate Limited Mr David Ryan, Managing Director, Securities | Chairman, Southeast Asia, Goldman Sachs Moderator: Mr Ashu Dutt, Founder & Managing Director, Northbridge Capital
| 15.45 | Conversational refreshment break
Hosted by
| | REIT GLOBALISATION IN 2008 AND BEYOND! |
| 16.10 | Chairman's remarks
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| 16.15 | Panel Discussion: Strengthening the competitive Asian REIT landscape: Trade the calm, profit from the storm – Consolidation or cannibalisation?
- Asset squeeze, high capital prices and waning investor appetite: With an increasing number of REITs replicating similar growth strategies, will Asian REITs become a victim of its own success?
- The development path of asset acquisition or purchase from sponsors / third-party vendors – Which way to go for Asian REITs?
- Delving into the alternative capital raising and management spectrum of hybrid REITs and stapled securities
- REITs moving up the risk curve by bidding for ‘green field’ developments – Have partnership deals and asset acquisitions reached a plateau?
| | | Mr Ser Ping Tan, Chief Executive Officer, Ascendas Funds Management (S) Limited Dr. Boaz Boon, Senior Vice President, Head of Research, CapitaLand Financial Services Limited Mr Ian Robins, Chief Executive Officer & Executive Director, The LINK Management Mr David Fan, Managing Director, CBRE Global Real Estate Securities Moderator: Mr Peter Mitchell, Chief Executive Officer, Asian Public Real Estate Association
| 17.00 | The Cross-border Capital Flow Regime: Investigating the valuation efficiency of offshore and domestic IPOs / REITs – How will gearing impact their capital structures and equity offerings?
 Greater competition for funds and ‘growth via acquisition’ - How will high quality IPOs balance the increasing cost of equity and its correlation to REIT unit price performance?- Conducting due diligence for offshore IPOs and determining the true asset value injection into property-linked REITs
- Asian REITs scaling the risk-reward space through expanded product offerings and increasing exposure to offshore markets
- Demystifying the lure and ‘supercharged’ returns of cross-border, multi-sector and non-conventional REITs – How will low interest rates and property asset appreciation further boost overall portfolio performance?
Session sponsor:  | | | Mr Edmund Ho, Managing Director, Co-Head of Real Estate & Lodging, Global Investment Banking, Asia Pacific, Citi Corporate & Investment Banking Mr Beng Chee Lim, Chief Executive Officer | Chief Investment Officer, CapitaRetail China Trust Management Limited | CapitaLand Retail Limited
| 17.45 | Chairman's closing and end of conference day 1
| 18.00 | Opening networking cocktail reception at Swiss Cafe, Raffles City Convention Centre
Hosted by 
| 20.00 | After-Party at Lunar, Clarke Quay
Hosted by 
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Main Conference (24 June, Tuesday): REIW Asia Day One - Stream B
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| THE MAGNETIC LURE OF EMERGING MARKETS |
| 13.55 | Chairman's remarks
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| 14.00 | China Panel: Playing the China property card for regional profits – An ultimate tried and tested avenue?
- With rising concerns over the asset price bubble in main cities and regulatory uncertainty in secondary cities, how sustainable is the real estate boom in China? Which key factors are determining the outlook of prime property sectors and how can one actively pursue them?
- Assessing China’s investment climate and practical realities of real estate transactions as competition, regulations and prices heat up - What more needs to be done and which is the best way to operate till then?
- Gaining a foothold in China and establishing presence on the ground: Tailoring entry strategies across regions, cities and sectors – Is China a multi-strategy property market to enter?
- How will the inflow of global private equity funds shape China’s property investment landscape moving forward? What is the likely scenario for future property fund movement and returns?
Session sponsor 
| | | Ms Nancy Marsh, Tax Partner, Tax Leader of Real Estate Industry Practice, Deloitte Mr Richard Van Den Berg, Managing Director, Portfolio Management & Country Manager, China, ING Real Estate Investment Management
| 15.00 | India Panel: From Gandhi to the Ambani era: Transcending the paradigm shift of Indian real estate play from self-styled restraint to requisite maturity
- With commercial land values racing ahead of residential ones in a fast-growing Indian economy, how great an imbalance will this result between property development and investment? What can be done in maintaining equilibrium?
- Pragmatism in raising venture capital and quality sector selection within the diversified Indian real estate market
- Structuring superior asset management and risk-reward strategies for achieving expected ROIs within an opaque property investment market – How is increasing foreign competition driving up the bottom-line for Indian realty?
- Enhancing infrastructure needs – Are SEZs the key answer or have they become too fragmented and numerous? How much of an influence will infrastructure investing have on Indian real estate in time to come?
Session sponsor 
| | | Mr Jason Chew, Managing Director & Chief Investment Officer, Pramerica Real Estate Investors (Asia) Mr David Dudley, Regional Director, Asia Capital Markets, Jones Lang LaSalle
| 15.45 | Conversational refreshment break
Hosted by
| 16.15 | From Chindia With Love: Assessing the India-China property investment trade – A win-win situation or zero sum game?
- Emerging versus developed countries – Who drives whom? How is India and China taking over global leadership in the current economic financial markets? How much has the presence of large foreign funds distorted the emerging markets?
- Analysing the regulatory environment of China and India – Which presents more risks and obstacles to surmount in growing a real estate business? What can be done in the short-term to alleviate investor concerns?
- Studying the current renaissance in emerging market investing and how real estate is taking centre stage in an investor’s portfolio
- Determining the prospects of REITs and its viability as an attractive proxy for property investment within ‘Chindia’
Session sponsor 
| | | Mr Timothy Grady, Managing Director, Head of Pacific Rim, Global Commercial Real Estate, Merrill Lynch Asia Pacific Mr Jonathan Yap, Executive Vice President, Real Estate Funds Business | Chief Executive Officer, India Funds, Ascendas Mr Sameer Nayar, Managing Director & Head of Real Estate Finance, Asia Pacific, Credit Suisse Mr Lijian Chen, Head of Global Real Estate, Greater China, UBS Global Asset Management Mr Leslie Chua, Head, Research & Strategy, Standard Chartered - Istithmar Real Estate Fund Management Moderator: Mr Christopher Fossick, Managing Director, Southeast Asia & Country Head, Singapore, Jones Lang LaSalle
| 17.00 | The Beckoning of Vietnam Realty: Revisiting Vietnam’s bullish market sentiments beyond deal terms – How do the final returns stack up?
- Drawing foreign investor interest into Vietnam through increased market transparency and global economic growth – Benchmarking the sustainability of Southeast Asia’s ‘darling’ against China and India
- Forecasting private equity deal flow and FDI inflow in the near term: A critical look at investment strategies which have proved viable thus far – What are the best approaches to evaluating and gaining access to Vietnam’s window of opportunity?
- Prospecting existing and upcoming sector developments – What is the investment potential of each? How can foreign investors get a slice of the action?
- Apart from real estate, which other deal sourcing avenues present an upside potential?
| | | Ms Karen Lai, Director of Development, Southern Asia, InterContinental Hotels Group Asia Pacific
| 17.45 | Chairman's closing and end of conference day 1
| 18.00 | Opening networking cocktail reception at Swiss Cafe, Raffles City Convention Centre
Hosted by
| 20.00 | After-Party at Lunar, Clarke Quay
Hosted by
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Main Conference (24 June, Tuesday): REIW Asia Day One - Stream C
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| SECTOR CLINICS 101 |
| 13.55 | Chairman's remarks
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| 14.30 | Practitioner’s Perspective: The beckoning of IT parks and the BPO industry – Rising above the competition in both developed and emerging markets
- Asserting the development and investment potential of industrial growth amidst the hype of other property sectors
- Reinventing the wheel of real estate transactions at an all time high growth of the IT / BPO sector
- With India and China poised to the next global BPO hub, how can world scale players in developed countries maintain their competitive edge?
| | | Mr Jonathan Yap, Executive Vice President, Real Estate Funds Business | Chief Executive Officer, India Funds, Ascendas
| 15.00 | Retail Finds Flavour In Asia: Delivering strong returns for retail properties through world class business models and top quality management
- Transforming urban retail strips into vital commercial hubs – How should developers and retailers rethink and reinvent existing mall developments for long-term competitive positioning?
- Making retail real estate work for your property portfolio with the search of higher investor yields and market share acquisition
- Driving retail development and investment growth phases through market penetration of second and third-tier cities – How do formulating differentiation and ROI strategies differ from the metropolis?
- Adopting the new-found performance lever of streamlining core processes and improving operational efficiency in increasing overall demand for retail space
| | | Mr Darren Steinberg, Head of Listed Property Funds & Property Management, Colonial First State Global Asset Management Mr Kelvin Ng, Chief Executive Officer, Synergistic Real Estate Management & Network Mr Seck Guan Pua, Chief Executive Officer, CapitaLand Retail Limited | CapitaMall Trust Management Limited
| 15.45 | Conversational refreshment break
Hosted by
| 16.15 | Industrial Strengths and Business Intelligence:
Industrial real estate portfolio in the making: Profiting from the upward momentum of Pan-Asian trade and the growing demand for logistics and warehousing facilities in Asia
- Summarising the challenges, risks and rewards for industrial development in today’s property market – With the industrial REIT boom, how will competition heat up for acquisition of quality assets?
- Comparing land values, approval processes, escalating construction costs, market demand and absorption rates across Asia and determining the best regions for industrial development
- Acquiring ownership and development interests in industrial properties – How will investor sentiments shape up in Asia with the growing demand of industrial as an asset class? With the growth and demand for IT in 21st century business, what level of service offerings can industrial tenants expect? How can creditable tenants offset an industrial investor’s risk?
| | | Moderator: Mr James Ku, Director of Consulting, Operations, Tractus Asia Limited
| | AFFINITY GROUP THINK TANKS |
These sector specific parallel sessions offer an in-depth analysis of key real estate segments, where major players from each represent as facilitators to discuss the burning issues of the day.
[Roundtable sessions start at 5.00pm and end at 5.45pm]
| 17.00 | Roundtable A: Scaling the pyramid of prestige property and luxury living
- Elevating the standard of luxury and craftsmanship in today’s living - Identifying key customers in this sector and how property developers can successfully target them
- Understanding the importance of branding in high-end luxury real estate: Can this alternative avenue succeed better in mature markets, emerging regions or both?
- What are the investment prospects for luxury properties and how do their returns stack up against other residential asset classes?
Roundtable Leaders:
| | | Mr Kunalan Sivapuniam, Managing Director | Co-Founder & Director, Emirates Tarian Capital | Hayden Properties
| 17.00 | Roundtable B:
Achieving a balanced property portfolio through sector specific derivatives and propelling its growth as a risk hedging tool for real estate
- Utilising derivative hedging strategies such as swaps and options for underpinning the underlying value of property performance
- Developing the property derivative market in Asia – How will this move serve to enhance product structuring, real estate portfolio analysis and performance measurement?
- Supporting origination and execution of property derivative transactions within Asia - What does it take to replicate the growth momentum in the Western markets?
Session sponsor 
Roundtable Leaders:
| | | Ms Angeline Choo, Director of Business Development, Index & Portfolio Services, Standard & Poor's
| 17.00 | Roundtable C:
Crystallising empirical benefits of the hotel buzz and integrated resort revolution upon the property sector
- Establishing a symbiotic relationship between hotels, resorts and casinos – What are the partnership opportunities present and how big and sustainable are they in the long-run?
- Resorts, timeshares and luxury accommodation – How are they gaining traction with Asian developers and hotel companies?
- Comparing and contrasting business strategies for creating world-class integrated resorts – Investigating the demand for gaming and its trickling effect on real estate
- Reflecting current hotel performance trends in Asia and prospecting the future pipeline for acquisition and expansion activity
Session sponsor 
Roundtable Leaders:
| | | Mr Matthew Fry, Vice President of Acquisitions & Development, Starwood Hotels & Resorts Asia Pacific Mr Paul Logan, Vice President, Development, Southern Asia & Korea, InterContinental Hotels Group Asia Pacific Mr Sean Monaghan, Vice President, Business Strategy | Vice President, Investor Relations, Resorts World Sentosa | Genting International
| 17.00 | Roundtable D: Creating value in a new era of mixed-use developments from signature inception to multi-faceted completion
- Scrutinising issues involving partnerships and joint-ventures in a mixed-use project
- Getting the quality combination right: Strengthening the ‘economic sense’ and synergistic value of mixed-use developments through incorporation of essential tenant mix and creative redevelopment strategies
- Urban planning and regeneration in the unique product type of mixed-use: Evaluating overall project complexity, integration of uses, risks in entitlement and zoning / government regulations – Is this the best solution for land maximisation?
Roundtable Leaders:
| | | Mr Heang Fine Wong, Chief Executive Officer, CapitaLand ILEC Pte Ltd | CapitaLand GCC Holdings Pte Ltd Mr Kelvin Ng, Chief Executive Officer, Synergistic Real Estate Management & Network
| 17.45 | Chairman's closing and end of conference day 1
| 18.00 | Opening networking cocktail reception at Swiss Cafe, Raffles City
Hosted by
| 20.00 | After-Party at Lunar, Clarke Quay
Hosted by
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Main Conference (25 June, Wednesday): REIW Asia Day Two
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08.00 | Registration and networking breakfast
Hosted by 
| 08.00 | Fund managers and investors networking breakfast (by invitation only)
Hosted by
| 09.15 | Chairman's welcome and opening address
| | | Mr Mark Ebbinghaus, Managing Director, Head of Real Estate, Lodging & Leisure, Asia, UBS Investment Bank
| 09.30 | Thought Leaders Expert Panel: Weathering the perfect liquidity storm – How safe is Asia as a property investment haven amidst financial turmoil and market volatility?
- Decoupling Asia from the brunt of the subprime crisis – Analysing strategic growth capabilities in Asian real estate and what the surfeit of liquidity meant for corporates in terms of financing expansion plans
- Mastering the art of asset allocation in enhancing portfolio performance within Asia’s money markets
- Weighting investment portfolios and registering record fund inflows for Asian real estate – What other obstacles or threats to the region should investors be aware of?
- Handling yield compression, deployment of investment vehicles and developing an effective risk management policy – Can Asia lead a global real estate recovery?
- Candid views on currency risks within the Asian region – How will peg levels change in the near future and what is the underlying impact on real estate investments?
| | | Mr Michael Graziano, Managing Director, Co-Head of Global Real Estate, Investment Banking, Goldman Sachs Moderator: Mr Richard Johnson, Chief Executive Officer, Standard Chartered - Istithmar Real Estate Fund Management
| 10.15 | The global outlook for investor allocation and its impact on real estate capital markets
- Investigating the vulnerability of Asian real estate to yield compression and declining asset capitalisation rates - Will defensive investing strategies prove the preferred route for exploiting current market conditions?
- From mature transparent economies to the fast growing developed markets, where lies the best opportunities for risk-tolerant investors amidst the global credit crunch?
- In the face of macroeconomic volatility, how can one successfully integrate commercial real estate within an institutional investor’s portfolio given the ‘high risk game’ in Asia?
- Transcending the geographical boundaries in international real estate ventures and unlocking the full potential of a global real estate portfolio
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| 10.45 | Conversational refreshment break
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| 11.15 | Breakthrough Thinking from the World’s Top Minds: Achieving a strategic portfolio allocation to real estate and turning up the heat on shareholder activism in imperfect capital markets
- Transparency, accountability and governance – Facing challenges ahead and adapting to a changing investor base and risk evolving landscape
- Stepping up portfolio allocations to real estate – How extensively will this asset class outperform others in the next couple of years? What is the shareholder premium that real estate can deliver?
- Selection, performance and cost: The mechanics of tactical asset allocation – An under-exploited skill or are we getting it right?
- Fundamental and quantitative investment management strategies – Are pension funds getting the best of both worlds? With the wall of money in real estate private equity, are we witnessing a new pension investment paradigm in time to come?
| | | Mr John McClelland, Principal Investment Officer, Real Estate, Los Angeles County Employees Retirement Association Mr Hermann Aukamp, Chief Investment Officer, Real Estate, North Rhine Doctors Pension Fund Mr Andrew Bird, Head of Property & Chief Investment Officer, AMP Capital Investors Ms Lauren Zucker, Managing Director, Head of Real Estate Principal Investment, Asia Ex-Japan, Goldman Sachs Moderator: Mr Philip Levinson, Head of Client Relations, Asia (Ex-Japan) & Australia, RREEF
| 12.00 | Power networking luncheon
Hosted by 
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Main Conference (25 June, Wednesday): REIW Asia Day Two - Stream A
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| SIZZLING HOT REAL ESTATE PRIVATE EQUITY – GET IN, GET OUT OR STAY PUT? |
| 13.10 | Chairman's remarks
| | | Mr Mark Ebbinghaus, Managing Director, Head of Real Estate, Lodging & Leisure, Asia, UBS Investment Bank
| 13.15 | ‘Licence to Kill’ Debate: ‘White knight’ versus activist strategies for Asian real estate private equity funds
- The new world of real estate: Turning a private industry public through the amassing of vast property empires – How will LBOs, venture capital and managed fund structures impact upon the real estate market?
- The dominance of private equity in recent global real estate transactions – How will this play out within Asia and internationally? Which party will eventually be at risk?
- Analysing LBO structures and their capitalisation on market inefficiency – How high are equity premiums and how sustainable are they in the long-run? Will investors’ appetite be satisfied by this rapidly growing asset class?
- Tapping into distressed properties and hastening the liquidation of non-performing loans – With high gearing as a catalyst, how do debt providers and investors price these risks?
| | | Mr Steven Lin, Chief Executive Officer & President, Asia Operations, Capmark K.K. Mr Ian Hally, Head of Asian Strategy & Indirect Investment, Morley Fund Management Ms Rachel Tan, Global Head for Business Development, Real Estate & Private Equity, Societe Generale Asset Management Mr Lawrence Sperling, Chief Executive Officer | Head of Asia Private Equity, Peak Asia Management | Mercury Partners Moderator: Mr John Bottomley, Managing Director, Global Product Specialist, Citi Property Investors
| 14.00 | Joint Bids, Club Deals and Equity Bridges Dialogue: Real estate on the radar of hedge funds, mutual funds and fund of funds – Adopting a core-satellite approach in hedging property investment bets
- Hedge funds ‘find silver lining’ amidst subprime clouds: Raking in capital gains through the comparatively safer route of direct / indirect real estate investments and property funds flotation
- Countering equity drawdown and portfolio volatility through hedging instruments and new investment strategies – With the increasing overlap in private equity, hedge funds, fund of funds and real estate, what does this mean for managers and investors?
- With the inclusion of real estate in a mixed-asset portfolio, how will risk-return characteristics change? How big a role each will core, core-plus, value-added and opportunistic investing play?
| | | Mr Bart Coenraads, Chief Investment Officer & Head of Real Estate, Fortis Investments
| 14.45 | Conversational refreshment break
Hosted by
| | THE LOW-DOWN ON THE MONEY MARKET DEALERS |
| 15.15 | Panel Discussion: Delving into the changing tide of publics to privates – A “shrinking” space in the REIT privatisation wave?
- Public to private deals: Players, drivers and strategies – Will an environment of excess capital chasing too few deals continue?
- Competitive landscape between public REITs and private equity players - Why do public valuations lag and how long will the ‘pie-eating contest’ last?
- Disparity between REIT share prices and their underlying assets - What is the equity-risk premium in selling-off at a current climate of high demand and record low capitalisation rates?
- Underlining potential conflicts of interest and investment fundamentals to consider in the utilisation of leverages and structures
Hosted by 
| | | Mr Franklin Heng, Chief Executive Officer, Macquarie Pacific Star Prime REIT Management Ms Lynette Leong, Chief Executive Officer, CapitaCommercial Trust Management Limited Moderator: Mr Michael Smith, Managing Director & Head of Asia Real Estate, Investment Banking, Goldman Sachs
| 16.00 | The Capital Quest Panel: Mastering the art and science of real estate fund raising – How do portfolio strategies differ between Asian and international real estate players?
- Fund creation and capital raising in Asian real estate – What is the optimum strategy and why? How can one find investor confidence within the current market turmoil?
- Perfecting the manager selection approach for deliverance of fundamental and quality investment strategies
- 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 financing costs vary from domestic to offshore regions? Are there preferred routes for start-up firms and expanding companies?
| | | Mr Ian Mackie, Chief Investment Officer, Asia Pacific, LaSalle Investment Management Mr Stuart Crow, International Director, Head of Asia Capital Markets, Jones Lang LaSalle
| 16.45 | The Triple ‘P’ Panel: 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
- Understanding the intricacies of Asian infrastructure and re-engineering investing initiatives for wealth maximisation - How do challenges, opportunities and risks of infrastructure investing differ between the developed and emerging markets?
- 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
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| 17.30 | Chairman's closing and end of conference day 2
| 19.00 | Industry Gala Dinner at The St. Regis, Singapore
Hosted by 
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Main Conference (25 June, Wednesday): REIW Asia Day Two - Stream B
|
13.10 | Chairman:
| | | Mr David Brown, Tax Partner & Head of International Real Estate Funds, Deloitte
| | OPTIMISING THE FUTURE WEALTH STREAMS OF REAL ESTATE |
| 13.15 | Panel Discussion: Attracting HNWs to invest across the international real estate risk / return spectrum – Which genre of investment strategies work best?
- Assessing HNWs and their confidence level for real estate amidst the global credit crunch - How can fund managers satisfy HNWs in their allocation strategies from a risk management point of view?
- Hedging of a HNW’s property portfolio – What is the ownership / disposition timeframe and the outlook for investor performance and returns?
- Comparing investment routes to market and the risk-return universe of real estate products
- Stepping up the gear and capitalising on Asian real estate – Will wealth funds and property investments by the Gulf investors prove a profitable or risky venture in time to come?
| | | Mr Edward Casal, Chief Executive Officer | Chief Investment Officer, Real Estate Multi-Manager Business, Madison Harbour Capital | Aviva-Morley Fund Management Mr Peter Dellsperger, Managing Director & Head of Real Estate Portfolio Solutions, Credit Suisse Asset Management Mr Kwang Meng Quek, Managing Director, Real Estate Investment Head, International, Citi Global Wealth Management Moderator: Ms. Carol Seah, Founder & Chief Executive Officer, Wynnes Family Group of Companies
| 14.00 | Sustainability In Focus: Implications of the green building movement for property developers and investors - Evaluating new risks and opportunities fuelled by an increasing demand for green space
- Creating added value for tenants through the implementation of cost-effective design measures and realisation of significant economic savings with the increased ‘lifespan’ of green buildings
- Sustainable architecture and ‘green’ investments: Increasing the property asset value and delivering projected financial returns – Can they better compete with conventional developments?
- Aligning your property portfolio with ‘green’ initiatives and putting the principles of sustainable architecture into practice
- Analysing the operational impact of a sustainable building on capital value: Green rated buildings – Worth their weight in gold?
| | | Mr Chris Wallbank, Head of Energy & Sustainability Services, Asia Pacific, Jones Lang LaSalle
| 14.45 | Conversational refreshment break
Hosted by
| | GLOBAL POWERHOUSES IN PERSPECTIVE |
| 15.15 | Japan Panel: Japanese real estate inching up after a 16-year slump – Can the land of the rising sun ‘dance’ in rhythm with Asia?
- Focusing on the land of the rising management buyout: How big will private equity be in Japan and how extensive will the role of real estate be within them?
- Are current yields on commercial real estate sustainable in the long-run? How will tighter regulatory restrictions on property financing and REIT investment in Japan quell the threat of a commercial bubble?
- Enhancing market capitalisation of J-REITs through joint-venture listings on foreign markets – Secrets of success to choosing the optimum vehicle structure
- Looking to alternative property sectors in search
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