Europe GRI 2026 - Winter Edition

Hedging through inflationary headwinds to build resilient deal flow

219 people are attending
Credit: QQ7 / Shutterstock
ABOUT EUROPE GRI 2026 - WINTER EDITION

Fast becoming our flagship event for senior real estate investors, fund managers, asset owners, lenders and developers, active in the UK, as well as those with diversified pan European portfolios across countries and sectors. Create dealflow and benchmark pricing, location and risk hedging strategies with your peers. Spend real time with the right people with private investor driven roundtables. No press, no formal agendas, no stages, just qualified decision makers with risk in real estate transactions, sitting down together for closed door discussions.

 
 
Pre-arranged 1-2-1 Meetings
 
 
Roundtable Discussion
 
 
In-depth Industry Knowledge
What you can expect
81%
Banks, funds, investors, and developers
High-level Networking & Matchmaking
Support in arranging 1-to-1 meetings and introductions with potential business partners
18
Discussion Rooms
Extra Activities
GRI Women Leading European RE 2026 24th February | 13:30 - 19:15
Polish Forum 2026 - London Edition 25th February | 14:30 - 17:15
C-Circle Reunion 2026 - Winter Edition 25th February | 17:00 - 18:30

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Europe GRI 2026 - Winter Edition

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26th February, 09:00 - 10:00

Opening Talkshow

Macro Forces, Capital Flows, and the Deals That Will Define 2026

  • Europe’s Macro Equation - Which economic forces will drive or derail real estate in 2026?
  • Capital on the Move - How are global flows into Europe shifting between sectors, risk profiles, and geographies?
  • The GP Playbook - What strategies will win in a low-growth, high-selectivity environment?
  • Mega Deals & Market Signals – What transactions will set the tone for the year?
  • Beyond the cycle - What long-term trends will reshape European real estate?
26th February, 10:45 - 11:45

Equity Repricing & Deployment

Where Is Smart Capital Moving?

  • How are players reallocating capital across geographies and asset classes in response to current equity repricing trends?
  • Which sectors do players view as offering the best long-term value creation potential, and how is this shaping your acquisition or disposal pipeline?
  • What’s the key strategy for deploying dry powder while balancing timing risk against first-mover advantage?
  • How are players approaching capital partnerships or joint ventures to scale exposure in high-conviction markets?
26th February, 10:45 - 11:45

2026 Capital Formation and Deployment

Timing and Cross-Border Conviction

  • Time it right – Is 2026 the sweet spot for jumping back in?
  • Go global – Which markets are hot and which are hype?
  • Structure smart – Debt, equity or hybrid: what wins now?
  • Fund the future – Where is fresh capital coming from, and how are fundraising strategies evolving?
  • Add value – Is operational expertise your global edge?
26th February, 10:45 - 11:45

From Land to Launch

Where is the UK Pipeline Still Attracting Capital? 

  • How are real estate partnerships structuring capital, governance, and risk allocation to deliver UK development projects from land acquisition to launch in the current market?
  • Which UK pipeline sectors and locations are attracting the most committed capital from players, and how are return targets being recalibrated?
  • What strategies are players using to de-risk delivery while protecting upside potential?
  • How are new fundamentals & development requirements from capital partners influencing project selection, execution, and long-term value creation?
26th February, 10:45 - 11:45

Italy’s Real Estate Market - From Crossroads to Comeback?

  • Sector Outlook - From hotels and housing to offices, retail, and logistics: diamonds in the rough ready for a renaissance, or white elephants dragging their feet?
  • Market Fundamentals - Italy’s real estate a sleeping giant ready to awaken, or an old dog stuck in its ways?
  • Regional Disparities - Milan calling the shots while the South lags, or can every region get a piece of the pie?
  • Capital Flows - Foreign capital flocking to Italy like bees to honey, or steering clear of stormy weather?
  • Future Outlook - Italy poised for a renaissance in real estate, or just kicking the can down the road?
26th February, 10:45 - 11:45

Europe’s Net Zero Real Estate - Stranded Assets or Sustainable Success?

  • EU Policy Framework - Green Deal the wind in our sails, or a ball and chain for real estate investors?
  • Carbon Regulations - Rising carbon prices to light a fire under retrofits, or leave laggards out in the cold?
  • Financing Tools - Green bonds and EU incentives the golden goose, or just a drop in the ocean?
  • Investor Pressure - Institutional investors leading the charge, or simply covering their backs?
  • Regional Disparities - Is Europe a level playing field, or a tale of two markets?
26th February, 10:45 - 11:45

Flexible Living Models

Where Resilience Meets Scalable Growth?

  • Flex Demand Drivers Is demand more driven by housing shortages or changing lifestyles? And how consistent is it across European cities?
  • Investment Viability Can co-living and flex-living offer scalable, long-term returns? Or are they still tied to very specific locations?
  • Operational Complexity How do short stays and high service levels impact margins? Are we ahead of operational demands already?
  • Regulation & Standardization Are local rules limiting growth across markets? What is needed to build a more stable, cross-border framework?
26th February, 10:45 - 11:45

Investments Opportunities in Spain

A strategic piece into Europe's real estate chess match?

  • Spain Fundamentals What elements are sustaining Spain’s investment momentum? How are macro conditions and demographics influencing demand across sectors?
  • Investment Priorities Which asset classes are shining the most and why? Are investors focusing on core assets or value-add plays too?
  • Entry Strategies How are international and domestic players securing prime opportunities? Are partnerships and platform deals becoming the preferred route?
  • Competitive Positioning With rising interest from global capital, how can investors differentiate and capture the best deals in a crowded market?
26th February, 10:45 - 11:45

Europe’s Light Industrial & Logistics

Overcrowded, saturated or the next strategic pivot?

  • Investment Momentum - Capital to keep flowing or start to pull back?
  • Vacancy Levels - Stay tight or loosen further?
  • Macro Risks - Will trade headwinds persist or ease?
  • Favorable Capital Conditions - Temporary cheap money or tightening up?
  • 2026 inflection point - Are we at saturation or a strategic pivot?
26th February, 12:15 - 13:15

Capital Stack Realignment

Managing Risk Across the Layers

  • How are players adjusting the balance between equity, mezzanine, and senior debt to align with today’s market risk profile?
  • Where do players see the greatest opportunity or vulnerability across the capital stack in their current portfolio or pipeline?
  • How are players structuring partnerships or co-investments to bridge funding gaps while preserving control and returns?
  • What stress-testing or downside protection measures are players prioritizing to safeguard each layer of the stack in a volatile market?
26th February, 12:15 - 13:15

Co-Invest to Win

JVs, Governance & Value-Add Returns in a Repriced Europe

  • Alignment and Governance – What breaks down in JV partnerships (especially under stress), and how can it be prevented from day one?
  • Underwriting and Structuring – How are LPs and OPs bridging gaps on repricing, debt, leasing, capex, and timelines?
  • Decision Making – Who calls the shots when plans change, performance dips, refinancing tighten, or capital calls hit?
  • Partnership Models – LPs: visibility or freedom? How can OPs scale without giving up control—while still executing value-add?
  • Liquidity and Exit – What 2024/25 lessons are reshaping liquidity, hold periods, and exit strategies in 2026?
26th February, 12:15 - 13:15

Germany

Bringing capital stability back or tough test ahead?

  • Stability or slide Is German capital deployment regaining traction or close to stalling again?
  • Residential resilience Are multi‑family and residential holding firm or over‑priced illusions?
  • Regulatory risk Can reform, zoning fixes and stimulus crack the approval bottleneck?
  • Debt pressure Will liquidity‑strained funds and distressed lenders trigger forced exits or opportunity?
26th February, 12:15 - 13:15

Hospitality Experience vs. Efficiency

How Differentiated Ops Models Preserve Capital

  • How are players determining the optimal balance between experience-led enhancements and efficiency-driven operations to preserve asset value?
  • Which hospitality segments are players finding deliver the strongest capital resilience under current market conditions?
  • How are players quantifying the long-term valuation impact of brand differentiation versus cost optimization?
  • What hybrid operational strategies are players adopting to capture both premium rates and stable margins?
26th February, 12:15 - 13:15

Asset Repositioning

What are the key strategies for future rewarding assets?

26th February, 12:15 - 13:15

PBSA

Still a Defensive Play or an Overcrowded Trade?

  • Sector Fundamentals Is student mobility and structural undersupply enough to sustain demand? How are macro trends shaping occupancy and rent levels?
  • Capital Deployment Strategy Is PBSA still seen as a defensive play, or shifting toward growth and yield? Where is capital flowing—and what’s driving those choices?
  • Operations & Experience How are operating models adapting to tenant expectations? What impacts does service quality has on performance and long-term value?
  • Cross-border Scalability Can PBSA platforms scale easily across borders? What makes the difference between local success and pan-European growth?
26th February, 12:15 - 13:15

Offices Resetting Expectations

Vote of confidence or not for me?

  • Prime vs. Secondary CBD winners or secondary rebound?
  • Interest Rates Game changer or short-term boost?
  • Development Strategy New builds or retrofit-to-core?
  • Tenant Experience Amenities focus or flexibility first?
26th February, 14:15 - 15:15

Capital Markets in Motion

Pricing Risk in an Uncertain Cycle

  • How are players adjusting risk premium expectations across sectors given the current stage of the cycle?
  • Which market signals would prompt players to shift from defensive positioning to a new phase of capital deployment?
  • How are players prioritizing capital allocation between resilient core sectors and opportunistic plays in repriced or distressed assets?
  • What role does cross-border capital play in players’ strategies under today’s macroeconomic uncertainty?
26th February, 14:15 - 15:15

Beyond Borders

Fundraising Strategies for a New Era of GCC Capital Deployment

  • Capital Crossroads Europe or home turf: where are GCC giants leaning now, and why?
  • Mandate Makeover In 2026, what’s on GCC investors’ wishlists beyond returns?
  • Fundraising Playbook Which fundraising tactics truly win over GCC family offices and sovereigns?
  • Beyond the Cheque How can Gulf GPs and European firms turn capital into lasting alliances?
26th February, 14:15 - 15:15

CEE Allocation Changes

What's the new and next Capital Movement?

  • Capital Allocation Trends Investors retreating or reshuffling within Poland, Czechia, and Hungary?
  • Asset Class Rotation Logistics leading, or capital flowing to PRS, offices, and emerging alternatives?
  • Local vs Global Domestic players filling the gap as foreign capital retreats? Who are the new international entrants?
  • Risk & Returns How are yield expectations adjusting in light of political, currency, and market volatility?
  • Distress & Opportunity Equity stepping back as debt capital rises?
26th February, 14:15 - 15:15

Hospitality Window of Opportunity

Which bets to make in single assets and portfolio deals?

  • How are players deciding between single-asset acquisitions and portfolio deals to maximize value in the current hospitality market?
  • Which market and asset characteristics are players prioritizing to identify high-conviction opportunities amid pricing dislocation?
  • How are players approaching operational and brand repositioning to unlock upside in acquired assets?
  • What timing and market signals are guiding players to act within the current acquisition window before conditions shift?
26th February, 14:15 - 15:15

Debt & Credit in Southern Europe Deals

Do we see the rise of a new debt cycle in the region?

  • Lenders Appetite Are traditional and alternative lenders ready to expand exposure in the region? How are macro conditions shaping their risk tolerance?
  • Pricing & Financing Terms How are interest rates, spreads, and covenant structures evolving? Are borrowers finding room to negotiate in the current cycle?
  • Capital Sources Share How is the competition between bank financing and alternative capital? Which structures are proving most efficient for large-scale deals?
  • Lending Strategies Which sectors and geographies are attracting the most financing activity? Are lenders targeting only core markets at the moment?
26th February, 15:45 - 16:15

Real Estate Refinancing and Maturing Loans

26th February, 15:45 - 16:15

Data Centers – powering Europe’s digital backbone or stalled by power and land constraints?

  • Data Center Surge or Saturation – Where will Real Estate Capital Meet Digital Demand?
  • Europe’s Digital Backbone – Is fundraising the Growth Engine or Bottleneck for Investors?
  • Site Selection Pressures – Race for power, fiber, and land: a manageable challenge, or a throttling new development?
  • Public-Private Coordination – Can governments, tenants, and developers align quickly enough to meet demand, or will fragmented collaboration stall expansion?
26th February, 15:45 - 16:45

UK Valuations

Mispriced or Missed Opportunity?

  • How are players distinguishing between cyclical mispricing and structural impairment when assessing current UK asset values?
  • Which sectors or asset types are players finding most attractive based on perceived valuation disconnects?
  • How are players bridging the bid-ask gap to unlock transactions in a cautious market?
  • What valuation triggers would prompt players to shift from watch-and-wait to active acquisition mode?
26th February, 15:45 - 16:45

Retail

What’s investable, what’s obsolete, and where is reactivation happening?

  • Mixed-Use Strategy Double down on integration or keep retail standalone?
  • Tenant Mix Focus on experiential/service-led or stick with traditional anchors?
  • Prime Yields Compression ahead or plateauing at current levels?
  • Debt, Lending, and Financing Loosen up in 2026 or remain selective?
  • Investor Appetite Grocery-anchored, outlets, and parks as the safe bet or look beyond the obvious?
  • Asset Management Rely on traditional leasing expertise or pivot to data-driven decision-making?
26th February, 15:45 - 16:45

BTR in Europe

What are the Key Pricing Models that Attract Capital?

  • Demand Resilience Is demand strong enough to support long-term growth? How are affordability pressures and urban migration patterns shaping occupancy?
  • Investment Thesis in BTR Are investors targeting BTR for stable income, capital gains, or both? Which markets are seeing the fiercest competition for assets and land?
  • Development Challenges How are rising costs, planning hurdles, and land scarcity influencing delivery pipelines? Are owners adjusting strategies to accelerate growth?
  • Cross-Market Expasion Can BTR platforms scale efficiently across countries with different renter cultures? Which markets offer the best potential for replication?
26th February, 16:45 - 17:45

What Capital Wants

The LP Mandate for the Year Ahead

  • What’s In, What’s Out Which strategies are LPs backing in 2025, and what’s no longer getting through the investment cycle?
  • Global vs. Local How are LPs allocating across geographies and asset classes?
  • Liquidity, Leverage & Hold Periods What’s the risk balanced adjusted zone for capital risk?
  • Access and Alignment How are LPs navigating through long-term partners with mid term deal opportunities that come up?
Sponsors
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Pan European Institute Partner
CMS
Warsaw | Poland
With the largest commercial real estate team in Europe and one of the biggest worldwide, CMS is well positioned to help investors, funders, developers, landlords and occupiers navigate all aspects of the real estate market and maximise their assets. Whatever the size and scope of your project or deal, with almost 800 real estate lawyers in 46 countries we have the resources to meet your needs quickly and efficiently, offering expert advice. We have been active in real estate in our markets for decades, so we understand the culture, the economic context, the local legal context and the history.
Ayming
Levallois-Perret | Hauts-de-France | France
As a professional services company, Ayming partners with businesses and institutions around the world to unlock lasting value, year after year. With 39 years of expertise, we achieved a group revenue of €184 million in 2024 and operate across 14 countries. Our Taxes team guides organizations through complicated tax requirements, turning them into opportunities for profit, while supporting clients in their risk management.
Baker McKenzie
Warsaw | Poland
Law - Construction - Real Estate – Infrastructure – Public Private Partnership – Finance – Mergers & Acquisitions – Tax – Dispute Resolution - Energy
BuildingMinds
Berlin | Berlin | Germany
BuildingMinds enables owners and managers of real estate to de-risk and drive the performance of their portfolios, clear regulatory hurdles, and protect portfolio valuations across day-to-day operations now, and in the future. Its technology platform is helping some of the world’s largest organizations to transform real estate from a resource-consuming industry into a resource-generating industry. By leveraging AI to optimize decarbonization strategies, BuildingMinds’ platform offers ESG reporting solutions that ensure organizations adhere to global and local policies and standards, including upcoming regulatory changes. BuildingMinds was founded in 2019 by Schindler Group to meet the company's need for building data monitoring and management and has grown to a team of more than 150 experts across 40 countries. With over $100M in funding from Schindler and technological support from Microsoft, BuildingMinds has expanded to meet the needs of real estate managers across reporting and ESG
Climate X
London | United Kingdom
Climate X is a climate risk data provider with the world’s only fully integrated climate risk platform, helping financial institutions manage and build resilience to climate change impacts on the built environment. They provide climate financial risk data to global asset managers and banks, safeguarding economic stability against climate risks. Climate X’s innovative solutions (Spectra and Adapt) enable investors and portfolio managers to address climate challenges, manage investments, and retrofit structures for a sustainable future.
Colliers International
http://www.colliers.com
+39 02 6716 0201
Milan | Lombardia | Italy
Società di Gestione del Risparmio (SGR) indipendente, cioè non controllata da alcun gruppo finanziario.Edit: SponsorProfileforBrochure__c
Dentons
London | United Kingdom
Dentons is the world's largest law firm, delivering quality and value to clients around the globe. Dentons is a leader on the Acritas Global Elite Brand Index, a BTI Client Service 30 Award winner and recognized by prominent business and legal publications for its innovations in client service, including founding Nextlaw Enterprise, Dentons’ wholly owned subsidiary of innovation, advisory and technology operating units. Dentons' polycentric approach, commitment to inclusion and diversity and world-class talent challenge the status quo to advance client interests in the communities in which we live and work. www.dentons.com.
Gleeds
https://us.gleeds.com/
+33 (0)1 40 38 64 24
Paris | France
Gleeds is a leading global property and construction consultancy. Independent since 1885, we are proud to deliver award-winning projects around the world.
Azora
http://www.azora.es/
+34 913 106 370
Madrid | Madrid | Spain
AZORA is an independent private equity styled asset manager of real assets, based in Spain but investing across Europe and the USA. It currently manages €9.2 bn of AuM (once its various vehicles committed firepower is fully invested) with Hospitality and Living representing c. 70% of this. AZORA has a value-add approach with a strong track record in pioneering new assets classes in Southern Europe and a special expertise in building fully integrated platforms in operational assets classes.
IQ-EQ
Paris | France
Navigating debt, corporate and capital markets has never been more complex. Increasing regulation, complexity and rapid technological change mean that you need to act fast to seize business opportunities and adapt quickly to changing situations or environments. We abide by regulations set out by the Capital Market Authority, so you can trust us to deal with any eventuality efficiently and cost-effectively. Our capital markets offering ranges from corporate services to debt capital market offerings such as securitisation and loan administration.
JLL
http://www.jll.fr
+33 1 4055 1515
Paris | France
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.9 billion and operations in over 80 countries around the world, our more than 103,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
NUMA Group
Berlin | Germany
NUMA Group is Europe’s leading digital hospitality platform. The company offers innovative design apartments and studios for modern travelers. As a reliable partner for investors, owners, and developers, NUMA Group uses proprietary technology-based operator solutions that largely automate operational processes and increase cost efficiencies and revenues. NUMA Group successfully operates more than 4,500 units in European A-cities, including Berlin, Munich, Rome, Milan, Madrid, Barcelona, Vienna.
Vistra
http://www.vistra.com
+48 22 379 9440
Warsaw | Poland
Our purpose is progress. Vistra is a leading provider of essential business services to help companies and private capital funds grow across the entire business and investment lifecycle. Here at Vistra, our purpose is progress. As a close ally to our clients, we exist to remove the friction that comes from the complexity of global business – to help our clients achieve progress without friction. We partner with companies and private capital managers along the corporate and private capital lifecycle. From HR to tax and from legal entity management to regulatory compliance, we quietly fix the operational and administrative frustrations that hamper business growth. With over 9,000 experts in more than 50 markets, we can accelerate progress, improve processes, and reduce risk, wherever your ambition takes you.
Yard Reaas
milano
Yard Reaas is an independent group, a leader in Italy in real estate consultancy and integrated management of real estate services.The Group operates both in the institutional market and in the distressed segment for Italian and foreign investors, banks, asset management companies/funds, industrial groups, private equity and family office funds. It boasts over 30 years of experience in technical (due diligence, project management, project monitoring), environmental, ESG, valuation, and property & building management sectors. It counts around 300 internal resources, a network of 550 technicians, approximately 1,000 appraisers on the territory, and over € 60 million in revenue. Its activities involve single properties or entire portfolios, with reference to all asset classes (office, retail, industrial/logistics, residential, hospitality, healthcare, sport and infrastructures, etc.).
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