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GRI Global Chairmen's Retreat 2025 - Europe

16 - 19 January
St Moritz


PROGRAM
 
Welcome
We are delighted to welcome you to the GRI Global Chairmen’s Retreat 2025.

As always, the GRI Chairmen’s Retreat provides a collegial and informal space for conversations between friends.

It is an opportunity to compare ideas, concerns and hopes with the best and brightest of your peers.

We encourage you to actively participate, interject, comment, question, dissent, and openly speak your mind. And to have fun while doing so.

Life is too short for anything else.

Welcome to St Moritz.
 

AGENDA

WEDNESDAY 15
12:00 - 24:00
Arrivals
Consider: the train from Zürich Airport to St Moritz with 2 changes at Zürich central station and Chur travels through a scenic Winter Wonderland and is highly recommended, especially during daylight. One can buy train tickets online from the official SBB website. Car service is also available at the Palace concierge.
 
Evening
19:00 - 19:30
New Members welcome orientation
Members Only
[Veranda - Palace]
 
19:30 - 20:45
Pop-in Pop-out
Welcome Drinks
Members & Spouses/Partners
[Veranda - Palace]
 
21:00 - 23:00
Lucky Encounter Dinner
Join GRI Members’ Table
[Chesa Veglia - Pizzeria Heuboden]
 
Lucky encounter dinner is under the auspices of the women’s committee. This is an independent members dinner where everybody pays for themselves.
Chesa Veglia (2 minutes from Palace): reserve ideally by 16:00 prior day at the Concierge + 41 81 837 2629 [email protected]
(GRI-facilitated independent optional dinner with other members. Not part of program, settled by dining participants individually).
Tip:
Equipment rental
Today if possible (or any other downtime if not) is an ideal quiet time to rent/reserve equipment in the hotel's excellent ski shop before the crunch on activity days.
 
 
THURSDAY 16
Daylight
08:45 - 17:30
Sessions
Members Only
Opening debate | Breakout discussions | Keynote | Plenary reporting & dissent | Chairmen's forecasts & votes
 
Daylight
08:45 - 17:30
Guided Spouse Activities & Lunch
Spouses/Partners
Group departures from hotel entrance:
  • 9:30 | Skiing
 
Evening
20:00 - 23:00
Lucky Encounter Dinner
 
Join GRI Members’ Table
 
Matsuhisa Nobu (at Palace): reserve ideally by 16:00 prior day at the Concierge + 41 81 837 2629 [email protected]
(GRI-facilitated independent optional dinner with other members. Not part of program, settled by dining participants individually).
 
 
FRIDAY 17
Daylight
08:00 - 08:30
Breakfast
Members & Spouses/Partners
 
08:30 - 09:30
Members & Spouses/Partners
 
09:30 - 09:45
 
08:30 - 16:00
Guided Networking Activities & Lunch
Members & Spouses/Partners
Group departures from hotel entrance:
  • 10:00 - 11:30 | Skiing
    (Palace lobby)
    Last departure: 10:45

  • 10:00 | Curling St. Moritz Curling Club
    (Palace Lobby)

Independent Activities:
Request information at the Concierge
  • Hiking - all levels
  • Sledding - Preda-Bergün
  • Cycling (Electric Bike)
  • Ice Skating - frozen St. Moritz Lake. Ice skates can be rented at the Ludains ice arena next to the lake. Familiarity with ice skating is advisable.
 
Evening
19:00 - 20:00
Cocktail
Members & Spouses/Partners
[Main Hall]
 
20:00 - 22:30
Gala Dinner
Members & Spouses/Partners
[Le Restaurant - Palace]
*Jacket (tie optional)
 
22:30 - ...
King's Club
Members & Spouses/Partners (at Members' cost)
[King's Social House]
 
 
SATURDAY 18
Daylight
08:45 - 09:45
Discussions About Life
The Person Behind…

No real estate, no business just life.
How ups and downs got us to where we are.
A rare opportunity to intimately get to know one another on a personal level.
Members/Partners & Spouses
 
09:00 - 16:00
Guided Networking Activities & Lunch
Members & Spouses/Partners
  • 09:00 - 11:30 | Skiing
    (Palace lobby)
    Last departure: 11:15
Independent Activities:
Request information at the Concierge
  • Hiking - all levels
  • Sledding - Preda-Bergün Cycling (Electric Bike)
  • Ice Skating - frozen St. Moritz Lake. Ice skates can be rented at the Ludains ice arena next to the lake. Familiarity with ice skating is advisable.
 
Dusk
17:30 - 19:00
Goodbye Cocktails
Members & Spouses/Partners
[Main Hall]
 
20:00 - 23:00
Lucky Encounter Dinner
 
Join GRI Members’ Table
 
Chesa Veglia Grill: reserve ideally by 16:00 prior day at the Concierge + 41 81 837 2629 [email protected]
(GRI-facilitated independent optional dinner with other members. Not part of program, settled by dining participants individually).
 
 
SUNDAY 19
08:00 - 14:00
Departures
If available, members of the GRI Chairmen's Retreat will be extended a 15:00 late checkout upon timely prior request.
 

PROGRAM

THURSDAY 16
08:45
Opening Plenary
 
10:00
Break
 
10:15
Breakout discussions
 
Equity or Debt - What is today’s better strategy? [Embassy]
Data Centres - Is there a limit? [Roni Pieper I]
Hotels - Should they be more expensive? [Roni Pieper II]
Trump and property - Good, bad or indifferent? [Relais] Provocateur: David Stubbs, Senior Investment Strategist, Blackstone
 
11:15
Break
 
12:00
Plenary Reporting & Discussion
MC: Cristina García-Peri
 
13:00
Lunch
14:00
Keynote
DR Megan Walters, FRICS
Global Real Estate – Has-been sector or assets whose time have come?
 
15:00
Break
 
15:15
Breakout discussions
 
Living Sectors - A gift that will keep on giving? [Embassy]
Offices - Hurry and wait or time to buy? [Roni Pieper I]
Logistics - No Brainer? [Roni Pieper II]
Inflation Hedge - Did Real Estate fail? [Relais]Provocateur: David Stubbs, Senior Investment Strategist, Blackstone
 
16:15
Break
 
16:30
Plenary Report & Discussion
MC: Audrey Klein
 
FRIDAY 17
08:30
Keynote
Simon Sebag Montefiore, Author
How to win the new world game
 
09:30
Conference Wrap Up
Wrap up: Eric Assimakopoulos
 
20:30
Gala Dinner
 
SATURDAY 18
08:45
Discussions About Life
The Person Behind…
No real estate, no business just life.
How ups and downs got us to where we are.

For spouses and members, a rare opportunity to intimately get to know one another on a personal level.
  • If a crystal ball could tell you the truth about yourself, your life, the future, or anything else, what would you want to know?
  • If you knew that in one year you would die suddenly, would you change anything about the way you are now living? Why?
  • If you could live anywhere in the world, where would you live ?
  • If someone gave you enough money to start a business – no strings attached - What kind of business would you want to start and why?
  • If you could go back in time, what’s one piece of advice you’d give to your younger self? What would you do or act differently?
  • What makes you happy, smiling contentedly and at peace?
Join us to connect in a unique experience where you will share personal stories around common challenges, fostering deeper connections and unlocking new levels of self-awareness.
 

KEYNOTES

Dr Megan Walters
DR Megan Walters, FRICS
Dr. Walters was global head of research at PIMCO Prime Real Estate (formerly Allianz Real Estate). Prior to joining Allianz Real Estate, she led a team of 170 researchers at JLL as head of research, Asia Pacific, and was a member of its leadership board. Previously, she worked developing deals for schools, hospitals, and hotels, and as an academic. Dr. Walters is a Fellow of the Royal Institution of Chartered Surveyors. She holds a Ph.D. in real estate economics from University of Hong Kong, and degrees from the University of Reading. She currently serves as a global governing trustee of ULI, and sits on the ANREV management board and on the Asia Pacific board of the RICS.
Simon Sebag Montefiore
Simon Sebag Montefiore
Author
Simon Sebag Montefiore is a bestselling writer whose books have been published in forty-eight languages and who has won prizes for both his history and novels. He read history at Gonville and Caius College, Cambridge University, where he received his Doctorate of Philosophy (PhD). A Fellow of the Royal Society of Literature and Visiting Professor of Humanities at the University of Buckingham, he lives in London. Dr Montefiore regularly lectures around the world on history, Russia and the Middle East, and on subjects such as leadership and revolution.
David Stubbs
David Stubbs
Senior Investment Strategist
Blackstone
Dr. David Stubbs is the Senior Investment Strategist for Blackstone. Former Global Head of Thematic Strategy for J.P. Morgan’s Private Bank. Based in the New York office, he was responsible for delivering research-driven insights on the global economy and thematic investing to ultra-high net worth clients. He is a frequent guest on CNBC, Bloomberg, CNN and other major market outlets. David was most recently the Global Head of Market Strategy at the JP Morgan Private Bank and was formerlv member of Asset Management’s Market Insights team, where he was responsible for formulating and communicating the business’s market views to institutional investors and financial advisors across the region and around the world.

SESSIONS

FIRST DAY
Thursday,   16 January 2025
08:45 - 10:00 (Europe/London)

Opening Plenary

10:15 - 11:15 (Europe/Zurich)

Equity or Debt

What is today’s better strategy?

ROOM
Embassy

Data Centres

Is there a limit?

ROOM
Roni Pieper I

Hotels

Should they be more expensive?

ROOM
Roni Pieper II

Trump and property

Good, bad or indifferent?

ROOM
Relais
12:00 - 13:00 (Europe/London)

Plenary Report & Discussion

13:00 - 14:00 (Europe/London)

Global Real Estate

Has-been sector or assets whose time have come?

15:15 - 16:15 (Europe/Zurich)

Living Sectors

A gift that will keep on giving?

ROOM
Embassy

Offices

Hurry and wait or time to buy?

ROOM
Roni Pieper I

Logistics

No Brainer?

ROOM
Roni Pieper II

Inflation Hedge

Did Real Estate fail?

ROOM
Relais
SECOND DAY
Friday,   17 January 2025
08:30 - 09:30 (Europe/London)

How to win the new world game

ROOM
Le Restaurant
THIRD DAY
Saturday,   18 January 2025
09:00 - 10:00 (Europe/London)

Discussions About Life

ROOM
Embassy

Opening Plenary

Equity or Debt

What is today’s better strategy?

Moderator
Stephen Plavin
Senior Managing Director and Head of Europe BREDS
Blackstone
Stephen Plavin
Stephen Plavin
Senior Managing Director and Head of Europe BREDSBlackstone
USA
Steve Plavin is a Senior Managing Director based in London and oversees Blackstone’s Real Estate Debt Strategies business in Europe. Previously, from when he joined Blackstone in 2012 until June 2021, Mr. Plavin was the Chief Executive Officer of Blackstone Mortgage Trust, Inc., a NYSE- listed commercial mortgage REIT managed by Blackstone. Prior to joining Blackstone, Mr. Plavin served as CEO of Capital Trust, Inc. (predecessor of Blackstone Mortgage Trust) and CT Investment Management Co., LLC, a commercial real estate debt investment manager and rated special servicer that was wholly owned by Capital Trust and acquired by Blackstone in 2012.

Data Centres

Is there a limit?

Moderator
Lars Meisinger
Chief Executive Officer
Periskop Partners AG
Pradeep Pattem
CEO
Park Street Nordicom
Lars Meisinger
Lars Meisinger
Chief Executive OfficerPeriskop Partners AG
Germany
Lars Meisinger is CEO and Chairman of the Executive Board of DLE Group AG. As CEO of DLE Group AG, Lars is responsible for the strategic direction and overall management of the group, with specific oversight of sales, communications, and human resources departments. Bringing over 25 years of experience in the investment management sector to his role, he has a proven track record of leadership and expertise.
Pradeep Pattem
Pradeep Pattem
CEOPark Street Nordicom
Denmark

Hotels

Should they be more expensive?

Moderator
Mauro Savoia
Partner
Three Stars Capital
Ryan Donn
CIO & Head of Europe
Trinity Investments
Mauro Savoia
Mauro Savoia
PartnerThree Stars Capital
Italy
Mr. Savoia has over 20 years of experience in finance and real estate and closed deals for over Euro 8 billion covering capital markets, M&A, real estate and structured debt. He is Chairman and CEO of Three Stars Capital Partners. Mr. Savoia also headed Merrill Lynch Real Estate Finance in Italy. Before then, Mr. Savoia worked at Morgan Stanley, in M&A, Securitization and Real Estate. He also spent 3 years at Dresser Industries in Houston (TX). Mr. Savoia graduated from Università Cattolica Milan and was awarded with Premio Gemelli as “Best Graduate of the 1995 Class”. He also holds an MBA in Finance from HBU in Houston (TX).
Ryan Donn
Ryan Donn
CIO & Head of EuropeTrinity Investments
United Kingdom
Ryan is CIO and Head of Europe of Trinity Investments. Mr. Donn is responsible for leading Trinity’s transactional activity, including due diligence, acquisitions, dispositions, and financings. Prior to joining Trinity, Mr. Donn worked for Hotel Capital Advisers, Inc., Lehman Brothers, and PricewaterhouseCoopers LLP. He is a former instructor of New York University’s graduate hospitality program.

Trump and property

Good, bad or indifferent?

Moderator
Stefan Zimmermann
Managing Partner
4 Friends Investment
David Stubbs
Senior Investment Strategist
Blackstone
Peter Jun
Founder
ALMEA International
Stefan Zimmermann
Stefan Zimmermann
Managing Partner4 Friends Investment
Germany
Stefan is a founding partner of 4 Friends Investment Group (4FI) and responsible for the general strategy, acquisition and structuring as well as member of the investment committee. 4FI is a privately held investment manager with a focus in the sectors health & lifestyle and real estate combining both platform and corporate investments. Through different subsidiaries 4FI has acquired real estate in continental Europe in excess of 700mn EUR and has invested into five different platforms. Prior to 4FI, Stefan founded ACREST Property Group, Germany’s largest non captive retail asset manager and worked for companies such as TishmanSpeyer or Tenkhoff Properties. He is an active member of ULI and ZIA.
David Stubbs
David Stubbs
Senior Investment StrategistBlackstone
United Kingdom
Dr. David Stubbs is the Senior Investment Strategist for Blackstone. Former Global Head of Thematic Strategy for J.P. Morgan’s Private Bank. Based in the New York office, he was responsible for delivering research-driven insights on the global economy and thematic investing to ultra-high net worth clients. He is a frequent guest on CNBC, Bloomberg, CNN and other major market outlets. David was most recently the Global Head of Market Strategy at the JP Morgan Private Bank and was formerlv member of Asset Management’s Market Insights team, where he was responsible for formulating and communicating the business’s market views to institutional investors and financial advisors across the region and around the world.
Peter Jun
Peter Jun
FounderALMEA International
Netherlands
Peter is founder of ALMEA International. Prior to ALMEA, Peter co-founded Arminius in 2006, Arminius organised private equity funds and co-investment vehicles with equity commitments from university endowments, pension funds and family offices and transacted on over €6 billion of transactions exclusively in Germany. Prior to Arminius, Peter was at Lone Star Europe and a partner in Lone Star Fund V. Additionally, Peter served as a Supervisory Board Member of Allgemeine HypothekenBank Rheinboden AG, (Corealcredit Bank AG). Prior to Lone Star, Peter was with The Praedium Group in New York and Lehman Brothers in London.

Plenary Report & Discussion

Global Real Estate

Has-been sector or assets whose time have come?

Living Sectors

A gift that will keep on giving?

Moderator
Wes Fuller
Chief Investment Officer
Greystar
Cristina García-Peri
Senior Partner Head of Strategy and Business Development
Azora
Wes Fuller
Wes Fuller
Chief Investment OfficerGreystar
USA
Wes Fuller is the Chief Investment Officer and leads the company’s Investment Management business, including Fund Management, Portfolio and Asset Management, the Investor Relations and Client Services teams, and Investment Research & Strategy. Under Wes’ leadership, the Office of the CIO is responsible for managing our key strategic relationships and growing Greystar-managed capital to fund deals across all of our business lines. Wes also maintains management oversight of the company’s Investment Management business, which focuses on investments in rental housing in the United States, Europe, Asia-Pacific, and South America regions through a series of investment vehicles with institutional clients.
Cristina García-Peri
Cristina García-Peri
Senior Partner Head of Strategy and Business DevelopmentAzora
Spain
Cristina García-Peri is Senior Partner and Head of Strategy and Corporate Development for the Azora Group. Prior to joining Azora in 2011, she worked for 16 years in the investment- banking sector at both Merrill Lynch (2 years) and JP Morgan (14 years), where she held various positions across M&A and Equity Capital Markets, and for 10 year, she was Managing Director responsible for Corporate Equity Derivatives for EMEA as well as Equity Capital Markets for Spain and Portugal. Cristina holds a bachelor degree in Economics from ICADE (Spain) and an MBA from Harvard Business School (USA). Cristina is Board Member at Bankinter, a Spanish IBEX 35 banking institution, where she Chairs the Nominations and Sustainability Committee.

Offices

Hurry and wait or time to buy?

Moderator
Dennis Selinas
CEO
Globalworth
Dieter Kräuchi
CEO Empira Investment Foundation
Empira Asset Management
Dennis Selinas
Dennis Selinas
CEOGlobalworth
Guernsey
Dennis Selinas is a seasoned business leader with more than two decades of experience in the financial and property sectors. He possesses multidisciplinary expertise in executive management, operational and financial restructuring, mergers and acquisitions advisory, private equity, trading, and derivatives structuring, among other domains. His expertise spans various asset classes, including property, distressed debt, fixed income, and precious metals, across a diverse range of institutions such as listed property companies, private equity funds, investment banks, and hedge funds. Furthermore, he has operated in a range of jurisdictions, including South Eastern Europe, China, Brazil, the Middle East, and Western Europe.
Dieter Kräuchi
Dieter Kräuchi
CEO Empira Investment FoundationEmpira Asset Management
Switzerland

Logistics

No Brainer?

Moderator
Christopher Garbe
Managing Partner
GARBE Group
Mohamad Abouchalbak
CEO
SFO Capital Partners
Christopher Garbe
Christopher Garbe
Managing PartnerGARBE Group
Germany
Christopher Garbe has a BA in Economics and Business Administration from the University of Hamburg and an MBA in International Management and Marketing gained in Sydney. He worked for the Australian shopping centre developer Westfield as a management executive for several years, before joining Garbe UK in 2006. Christopher Garbe has been a director of the London business since March 2006 and a Managing Director since March 2007. In 2006, he joined the Board of Directors of Garbe Holding AG & Co. KG, where he is responsible for developing the Group’s transactions in the UK and since 2009 also for the Group’s other foreign business. Recently, he has taken on a joint responsibility for the business area Corporate Finance.
Mohamad Abouchalbak
Mohamad Abouchalbak
CEOSFO Capital Partners
United Kingdom
Mohamad is the CEO of SFO Capital Partners. He is also a member of SFO’s Board of Directors and its ESG Committee, and chairs the firm’s Executive and Investment Committees. Mohamad has been leading all aspects of the firm’s development since 2013. With over 18 years of experience, Mohamad has been involved in more than USD15 billion of transactions in both advisory and principal roles across the real estate, hospitality and financial services sectors. Prior to joining SFO, Mohamad held positions at Kingdom Hotel Investments, JLL and Gulf Merger where he advised and acted on behalf of institutional investors and family offices on cross border transactions including mergers and acquisitions, direct investments and asset management.

Inflation Hedge

Did Real Estate fail?

Moderator
Aref Lahham
Founding Partner & Managing Director
Orion Capital Managers
David Stubbs
Senior Investment Strategist
Blackstone
Nikoletta Fouska
President & CIO
Latsco Family Office
Aref Lahham
Aref Lahham
Founding Partner & Managing DirectorOrion Capital Managers
United Kingdom
Aref Lahham is Founder and Managing Director of Orion. He is located primarily in Orion’s London office and acts as Orion’s Chief Executive Officer, setting the strategy and leading the Orion Fund’s acquisition team. He has been responsible for over €5.0 billion of property acquisitions throughout Europe. Aref has 34 years of real estate investment and development experience in the US and Europe. He has served on the board of French public quoted company Société Foncière Lyonnaise as well as on the investment committee of a Bulgari sponsored private equity fund called Opera. Mr. Lahham has a BSc in Civil Engineering from Purdue University, a Masters of Engineering in Civil Engineering from Cornell University and an MBA from INSEAD.
David Stubbs
David Stubbs
Senior Investment StrategistBlackstone
United Kingdom
Dr. David Stubbs is the Senior Investment Strategist for Blackstone. Former Global Head of Thematic Strategy for J.P. Morgan’s Private Bank. Based in the New York office, he was responsible for delivering research-driven insights on the global economy and thematic investing to ultra-high net worth clients. He is a frequent guest on CNBC, Bloomberg, CNN and other major market outlets. David was most recently the Global Head of Market Strategy at the JP Morgan Private Bank and was formerlv member of Asset Management’s Market Insights team, where he was responsible for formulating and communicating the business’s market views to institutional investors and financial advisors across the region and around the world.
Nikoletta Fouska
Nikoletta Fouska
President & CIOLatsco Family Office
Switzerland
Nikoletta heads investments, across asset classes, for Latsco Family Office, based in Geneva, Switzerland. LFO is a single family office, which serves the family of Marianna Latsis (Greek shipping family) with offices in Switzerland, UK and Greece. LFO principals hold interests in Real Estate, Shipping, Energy, Infrastructure, Technology and Entertainment. LFO invests both in direct property assets, as well as real estate funds and property companies. It is a reference shareholder of GEK TERNA and DIMAND, both listed on the Athens stock exchange. Nikoletta holds a BSc in Electrical Engineering & Computer Science and a MSc in Operations Research from MIT and an MBA from Harvard Business School. She has lived and worked internationally.

How to win the new world game

Discussions About Life

FLOORPLAN



Better Halves


Alexander & Omega Riches
Alex Mackenzie & Sarah Bourne
Angad Singh & Jasna Bedi
Ben & Rahel Lehrecke
Bernd & Astrid Haggenmüller
Christian & Victoria Jamison
Christo & Victoria Iliev
Daniel Dejanovic & Melanie Davies
Dieter & Carmen Kräuchi
Dimitri & Alina Chandogin
Eric & Adriana Assimakopoulos
Giulio Passanisi & Anabella Lorna Schenone
Jay Kwan & Elena Cho
Jochen & Mary Schaefer‑Suren
Josh Cleveland & Lauren Felton
Josh & Stefanie Lawrence
Juan José Vera & Noemi Villamayor
Justin Hamer & Rachel Butterworth
Lee Timmins & Elena Lebedeva
Kyle Fox & Cameron Christo
Keith & Lauren Breslauer
Marco & Laureen Zarges
Mario Abbadessa & Romina Casagrande
Mauro & Jennifer Savoia
Michael Peter & Alexandra Vintila
Michael Zimmer & Christina Wimmer
Mohamad Abouchalbak & Maya Mroue
Nebil & Diana Senman
Nikoletta Fouska & Bo Ilsoe
Pradeep & Medha Pattem
Riccardo Dallolio & Elisa Astorri
Robert & Severine Balick
Saïd Hejal & Katharina Damm
Saul & Laura Goldstein
Sylvie & Luc Geuten
Tom-Eric & Sabine Möller
Tracy & Donald Stroh
Ulf & Barbara Pleschiutschnig
Van & Sharon Stults
Vitor & Rute Rocha
Witold Zatonski & Joanna Kotomska
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