Future City Landscapes

Public & private partnerships the way forward?

• Changing City Landscapes - How will new ways of living, working & mobility impact city structures?
• ESG & Climate Impacts - Incorporating sustainable & social structures into cities
• Space Distribution - Will 15 minute cities become the new driver for city layouts?
• The Affordability Question - How to create more sustainably priced city hubs?
• Private Capital - Will investors need to work more closely with the public sector?
• Innovative Neighbourhoods - Mixed use as the only way forward?

Rethinking 'Space'

Is there a common strategy for innovation that aligns with profit?

• Strategies - How to readjust complementary but distinct strategies to organize, accelerate and execute an innovative portfolio?
• Digital Solutions for Unlocking Value in Portfolios - What's the investment appetite?
• Portfolio Management - Are real estate players embracing more tech, innovative & ESG solutions to build and diversify an innovative portfolio?
• Data-based and AI-supported Solutions - The best or only tools? Is the data necessary to unlock value?
• Financial Results - Significantly positive KPIs highlights & what's to come to unlock more investments? 

Alternative Finanzierungsmöglichkeiten

Innovation vs Refinanzierung; wie Wettbewerbsfähig bleiben?

• New Financing Products - Offering better solutions in a volatile market?
• Banks, Debt Funds, Mezz - Any upsides to more risk & higher prices?
• Adjusting Returns Depending on Risk Appetite?

European Investment Cycle

Cyclical downturn vs structural shifts, how to adapt?

• GDP, interest rates & unemployment - Where are we headed in 2021?
• Market Distortion - Non-cyclical cool down of the markets?
• Inflation Risk - Increased concerns or not much to worry about?
• Diversification as the only safety net?
• Germany's Position - Will the golden years continue?

Berlin

Profitable Renditejagd oder zu viele Regulationen? 

• New Coalition - What impacts can we expect for the real estate market?
• Mietendeckel 2.0 in the Making?
• Asset Classes - Which sector will be king in 2022?
• The Affordability Question - Any way to make the numbers work?

Seniorenresidenzen & Betreutes Wohnen

Demografie Favorit; genug um über die Betreiber Hindernisse zu springen?

• Disproportionate Demand Increases - Can the markets tackle the requirements of an aging population?
• Affordability - What will be the real demand for new build senior housing BTR?
• Lack of Product - Repurposing inner city spaces offering new opportunities?

Net Zero & ESG

The challenge of 2022?

• E in the Spotlight - Aligning demands across the whole matrix
• Getting a Hold of S - Any consensus on measuring social impact?
• Net Zero - Regulatory crackdowns; what can we expect in 2022?
• Operational & Embodied Carbon - Will we need a stronger shift in approaches to tackle them?

Preise & Evaluationen

Käufer oder Verkäufer am Steuer?

• Pricing - Is there a dissonance between buyers & sellers?
• Asset Classes - Are we seeing changes in prices across riskier assets like hotels & retail?
• Valuations - Have factors changed to post pandemic valuations?
• Demand & Supply - Do we see an imbalance across any asset classes & locations?

Repositionierung von Arbeitsplätzen

Sekundäre Standorte wieder zu haben?

• Investor Appetite - Capital allocations still going strong or too much risk?
• Occupiers Demands - Go green & go flex, are landlords adapting quick enough?
• Blurred Lines - Moving beyond categorising spaces by asset class?
• Flexible Leasing - What short to long term plans are occupiers making? What are the impacts on real estate business models & valuations?
• Space Planning - Can technology help align occupier and landlord needs to optimise spaces? 
• Work from Anywhere & Tenant Experience - Can landlords leverage tech to provide a seamless occupier experience whether working remotely, at home or office?

Retail in the Digital Information Age

AI, metaverse & robotics impacting consumer behaviour irreversibly

• Retail - Secure investment asset classes instead of alternatives, but how futureproof is the sector?
• Digitisation & Big Data - How is it changing the industry and what can be expected next?
• AI & Metaverse - How relevant will it become and where to start?
• ESG Considerations - How can tech support the transition?

BTR Wohnimmobilien

Haben wir den Skalierungsfaktor verloren?

• Rental Growth Slowdown - Increased construction and lower urban population numbers impacting pricing?
• Fundamentals - Shifting capital allocation strategies still favouring living assets?
• Affordability as the key issue going forward
• Regulations Under a New Coalition - What can the German markets expect?

Opportunistisch & Value Add

Löst ESG eine Value add Welle aus oder noch zu viel Risiko?

• Polarisation of Markets - Value add opportunities to flood the markets?
• Buy Cheap, Sell Green - Is value adding brownfield offering decent returns?
• Portfolio Resilience & Finding Value - Cities vs Assets
• Value Add Markets in Germany - How to identify future projects and ensure their quality and profit?
• Rates & Yields - When and how can we ensure profitability of those deals?
• Banks' Appetite & Lending Confidence - Are lenders following up the risk curve?

Logistics Bubble!

How low can we go?

• Supply Demand Imbalance - Pricing tensions across investments & occupiers
• Pricing Risks - Any differentiations between locations & markets?
• Affordability Question - Slower developments & increased demand; where is the glass ceiling?
• Yield Compressions - With capital coming in, how low can they go?

Raising & Allocating Capital

Same old, saturated or some hidden gems?

• Cross Border Capital Streams - Inbound investment destinations
• Regulations in the Markets - Closing off opportunities for lenders & investors?
• Debt Leveraging - Risk assessment & pricing in dissonance?
• Allocation Game - Delivering value during volatile periods
• A Saturated Market - JVs, re-capitalisations or platform investments; what offers best solutions for investors?
• Relative Risk Reward - Location vs asset classes

Zukünftiger Einzelhandel

Neuerfindung von High Streets & Shopping Centres?

• New mobility; new retail locations and where to find them?
• Have we seen rock bottom for retail rental prices or is the worst to come?
• New Demographic Factors - Could the elderly become the main target group for bricks n mortar retail?

Macroeconomic Keynote

Dr. Jörg Krämer ist Chefvolkswirt der Commerzbank AG und Bereichsvorstand für Research. Zuvor war er Chefvolkswirt der Bayerischen Hypo- und Vereinsbank in München und Chefvolkswirt der Invesco Asset Management Deutschland GmbH in Frankfurt. Seine Laufbahn hat Hr. Dr. Krämer am Kieler Institut für Weltwirtschaft begonnen; dort wurde er von Prof. Dr. Horst Siebert, dem ehemaligen Präsidenten des Instituts, promoviert. Hr. Dr. Krämer ist seit 2009 Mitglied des EZB-Schattenrats. Er wurde in Düsseldorf geboren, sein Studium der Volkswirtschaft absolvierte er an den Universitäten von Bonn und Münster.

Wertfindung in Deutschland

Standort, Nachfragetrends oder ESG der Faktor zum Erfolg?

• ESG Considerations - How will they impact portfolio and investment strategies going forward?
• Top 7 & Beyond - Understanding the new pricing and demand landscape
• Valuations - Winners & Losers; will ESG become the new major metric?
• Changing Demographics - An ageing population & influx of immigrants shaping real estate demand
• Regulations - Will the affordability question trigger more extensive laws?
• Asset Classes - Which locations offer the best opportunities?

Core, Core+ & Super Core

Wo ist die Gewinnzone? 

• Shifting Definitions - What is considered core post pandemic?
• Core vs Super Core - Is location still the most important differentiating factor?
• ESG Considerations - How important is net zero really?
• Investment Appetite - Is core still the investment asset?

Hospitality & Alternative Resi

Is capital coming back to the sectors or still in trouble?

• Liquidity - Investors, operators & owners to deploy capital to fill the gap on cash flows?
• Rise of Service - Amenities more important than size?
• Impact on Valuations - How are new models changing the game?
• Hotel Investment Transactions - where is the capital appetite coming from?
• Alternative Resi - Student housing, co-living & co; which asset classes is seeing capital allocations?
• Any Lessons Learned from a Mature US Market?
• Sustainability Strategies - What are the strategies for current assets, ongoing deals and pipeline opportunities?