Global commercial property

Global commercial

property

New change and building momentum - embarking

on the new era of commercial real estate

For the fourth successive quarter, a general

optimism across the global commercial property

sector continues to grow. A gradual recovery in

global occupier and investor sentiment continues

to improve and now stands at its best level since

Q4 2019, according to the latest RICS Q2 (2021)

Global Commercial Property Monitor.

With global GDP growth forecast at 5% in 2022

(CBRE, 2021), the time is now for the sector to

connect and analyse new impactful trends, the

city centre return, asset class performance and

devising new commercial real estate strategies

for 2022 and beyond.

With 15 live sessions analysing regional and

global markets covering investment risks and

new opportunities, sustainable valuation

essentials, high performing buildings, net zero

missions, shifting occupier demands, the future

of retail and repurposing space, the upcoming

RICS Global Commercial Property Conference

welcomes international speakers to voice their

expert insights and discuss how the sector can

continue to adapt to change and rebound.

Join the RICS’ leading commercial property

conference and network with our high-level

global community of commercial real estate

professionals, from investors to developers,

agents to occupiers, surveyors to valuers as we

prepare for a wave of new momentum.

Europe, Americas, Middle East &

Africa

6th & 7th December

Asia Pacific

7th & 8th December

Book your

place today

#RICScommercial

VIDEO CONFERENCE

“One of the best conferences I have ever

attended. The speakers were all really engaging,

insightful and to the point, I have learnt so much

and I’m really excited about the future”.

2019 attendee, RICS Commercial Property

Conference

Time zone(s):

EST GMT GST

08:30 12:30 16:30 Registration and virtual networking

08:50 12:50 LIVE

Welcome remarks from Conference Chair

09:00 13:00 RICS Presidential Address

Clement Lau FRICS, RICS President

09:10 13:10

[GLOBAL SESSION 1 - LIVE]

Economic and market radar: Global commercial real estate

The size of the Global Commercial Real Estate sector has grown annually from 2016 and

2021, but which markets are rebounding, and which asset classes are struggling? Is 2022 the

year for recovery to pre-pandemic levels? This session, delivered by RICS’ Chief Economist,

analyses sentiment shifts, changing occupier trends, investment flow forecasts and brings

you a detailed global market overview in minutes.

Simon Rubinsohn, Chief Economist, RICS

09:50 13:50 Virtual networking and exhibition break

10:00 14:00


Office downturn or return? The future of real estate’s largest market Despite being the largest global real estate market, offices were one of the hardest hit asset

classes from the pandemic. With pent-up demand and expected rises in employment

growth, the pre-covid demand is forecast to return by late 2022. But should the office

return? With new hybrid working models and full capacity returns still in discussion, how

does the office reshape and reconsider to offer a safe and engaging return for so many?


10:50 14:50

[REGIONAL SESSION 1 – LIVE]

Improving performance - introducing the new RICS International Building Operations

Standard

BuildingMinds, Microsoft and RICS have joined forces to introduce an “International Building

Performance & Data Standard”, consisting of the “International Building Operations

Standard” (IBOS). The new global standard will support organisations wishing to measure

operational performance of their property assets in a consistent manner – irrespective of the

type of property or its location. IBOS not only covers the key pillars of asset performance but

also addresses the significance of user experience - and in doing so reaches beyond the

more traditional technical aspects of operational performance that have become tried and

tested over many decades. Join us for first insight into how the new RICS global standard will

support; consistency, benchmarking and quality in the commercial real estate sector.


Europe, Middle East and Africa:

6th & 7th September

Americas:

7th & 8th September

Asia Pacific:

8th & 9th September

Programme

Day 1 Time zone(s):

EST – Eastern Standard Time

GMT – Greenwich Mean Time

GST – Gulf Standard Time


Africa

Monday 6th December

17:10

16:50

17:50

18:00

18:40

18:50

19:30

17:00

11:40 15:40


New green values: Sustainability and ESG influences on commercial property valuation

As commercial markets become more sensitised to sustainability matters, traditional

decision making and value drivers are becoming increasingly influenced by new green

interests. From the physical characteristics of buildings, impact of climate change on

location, legislation, public policies, fiscal measures, investor and occupier interests, there

are now many sustainability-related factors have direct impacts on market and investment

values. This session delivers leading insight into the upcoming related RICS Global Guidance

Note and covers key everyday considerations for commercial valuation practice in relation

to the wider ESG and sustainability landscape.

Panellists

Ravinder Kaur MRICS, Senior Surveyor – Valuation & Advisory, Qatar, Cushman & Wakefield

Alex Ionescu MRICS, General Manager & Registered Valuer, MD Properties


12:40 16:40


The new look city centre: to redevelop or to repurpose existing commercial real estate? Following the pandemic, some of the ways in which we have been operating are changed

forever and we are re-assessing the qualitative aspects of our surroundings. With city

centres around the world changing their functionality and purposes, the question remains

on whether converting empty retail space to residential is fit for human habitation. This

session will explore repurposing real estate case studies and our panellists will debate the

ultimate planning enigma.

Panellists

Andrew Carter, CEO, Centre for Cities

Margot Orr Jones, Future Cities Development Director, Jacobs

13:20 17:20 LIVE

Closing remarks and end of conference Day 1 AEMEA

20:20

20:40

21:20

19:40

Time zone(s):

EST GMT GST

08:30 12:30 Registration and virtual networking

09:00 13:00 LIVE

Welcome remarks from Conference Chair

09:10 13:10


Net zero carbon targets in commercial real estate – what’s informing the agenda, how is real

estate meeting those challenges and who will pay for it?

Of the world’s 2,000 largest public companies, at least one-fifth (21%) now have net zero

commitments (ECIU, 2021), but how should real estate organisations change traditional

operations, offset efficiently, and finance the pathway to net zero? This session explores what

sustainable real estate can contribute to a greener future, discusses stakeholder incentives and

how a collective footprint can bring new opportunities into the sector.


10:00 14:00


The golden market - will the industrial and logistics market continue to boom?

Rising investment, demand superseding supply and the ecommerce boom all played into the

hands of the industrial and logistics market. But will it continue to benefit from long-term or

indefinite change within the commercial real estate sector? Real estate forecasters RealFor

predict a 13.5% rental growth by 2025 but with local market conditions changing, is the boom

over for the industrial and logistics market?


10:50 14:50


Online or offline? Re-imagining retail real estate – can physical stores evolve,

survive and thrive?

With global crowd density precautions striking our high streets, have retail stores been too

badly hit to rebound? The polarised change in shopping behaviour saw online sales go from

13.6% (of all retail sales in 2019) to an expected 19.5% in 2021. What does the challenge mean

for retail real estate and how exactly does the sector attract a return to bag-in-hand shopping?

What do impacts like rising vacancy rates and retail rents really show us and what’s to come for

the sector in 2022 and beyond?


11:40 15:40 [REGIONAL SESSION 4 - LIVE]

Investor’s insight - is it time to leverage change and reshape real estate strategies?

Global assets classes were shaken amidst the pandemic, but with a global economic rebound in

sight, where will investor attention be throughout 2022? Whilst the Americas are set for peak


Africa

Tuesday 7th December Programme

Day 2

19:30

19:40

Time zone(s):

EST – Eastern Standard Time

GMT – Greenwich Mean Time

GST – Gulf Standard Time

16:30

17:00

17:10

17:50

18:00

18:40

18:50

GDP growth in 2021 and Europe and Middle East & Africa in 2022, is the attraction of higher

returns tempting investment back to the hardest hit asset classes, like hotels, or is the growth

of industrial and logistics, multifamily and data centres too significant to ignore? This session

hosts a panel of international investment professionals and delivers their take on improving

strategies and value in a changing sector.

Moderator

Professor Francois Viruly FRICS, Associate Professor, Department of Construction Economics

and Management, University of Cape Town


12:30 16:30

[REGIONAL SESSION 5 - LIVE]

Spotlight session: Delivering experience - 8 Bishopsgate, London UK

A unique insight into 8 Bishopsgate which is a 50-storey tower under construction in the centre

of the City of London. It will be an office-led, mixed-use building, with retail space and a public

viewing gallery. This session explores how the proposed building will include high sustainability

and low energy initiatives, designed to achieve a BREEAM Outstanding rating.

13:10 17:10 LIVE Closing remarks and end of conference Day 2 for AEMEA

20:20

20:30

21:10

Time zone(s):

IST CST AEST


08:50 11:20 13:20 LIVE Welcome remarks from APAC Conference Chair

09:00 11:30 13:30 RICS Presidential Address

Clement Lau FRICS, RICS President

09:10 11:40 13:40 Virtual networking and exhibition break 

09:20 11:50 13:50

[GLOBAL SESSION 1 – PRE-RECORDED]

Economic and market radar: Global commercial real estate The size of the Global Commercial Real Estate sector has grown annually from 2016 and

2021, but which markets are rebounding, and which asset classes are struggling? Is 2022

the year for recovery to pre-pandemic levels? This session, delivered by RICS’ Chief

Economist, analyses sentiment shifts, changing occupier trends, investment flow

forecasts and brings you a detailed global market overview in minutes.

Simon Rubinsohn, Chief Economist, RICS

10:00 12:30 14:30 Virtual networking and exhibition break

10:10 12:40 14:40


Office downturn or return? The future of real estate’s largest market Despite being the largest global real estate market, offices were one of the hardest hit

asset classes from the pandemic. With pent-up demand and expected rises in

employment growth, the pre-covid demand is forecast to return by late 2022. But should

the office return? With new hybrid working models and full capacity returns still in

discussion, how does the office reshape and reconsider to offer a safe and engaging

return for so many?


11:20 13:50 15:50

[REGIONAL SESSION 1 – LIVE] Investor’s insight - is it time to leverage change and reshape real estate strategies? Global assets classes were shaken amidst the pandemic, but with a global economic

rebound in sight, where will investor attention be throughout 2022? Whilst Asia Pacific

commercial property investment is said to be back at pre-pandemic volumes, is the

attraction of higher returns tempting investment back to the hardest hit asset classes,

like hotels, or is the growth of industrial and logistics, multifamily and data centres too

significant to ignore? This session hosts a panel of international investment professionals

and delivers their take on improving strategies and value in a changing sector.

Asia Pacific

Tuesday 7th December Programme

Day 2 Time zone(s):

IST – India Standard Time

CST – China Standard Time

AEST – Australian Eastern Standard Time

Panellists Gordon Marsden MRICS, Regional Director, Capital Markets, Asia Pacific, Cushman &

Wakefield

Alvin Leung MRICS, Director, Hong Kong Capital Markets, JLL


12:10 14:40 16:40


New green values: Sustainability and ESG influences on commercial property valuation

As commercial markets become more sensitised to sustainability matters, traditional

decision making and value drivers are becoming increasingly influenced by new green

interests. From the physical characteristics of buildings, impact of climate change on

location, legislation, public policies, fiscal measures, investor and occupier interests,

there are now many sustainability-related factors have direct impacts on market and

investment values. This session delivers leading insight into the upcoming related RICS

Global Guidance Note and covers key everyday considerations for commercial valuation

practice in relation to the wider ESG and sustainability landscape.

Panellists

Ravinder Kaur MRICS, Senior Surveyor – Valuation & Advisory, Qatar, Cushman &

Wakefield

Alex Ionescu MRICS, General Manager & Registered Valuer, MD Properties


13:00 15:30 17:30


Rethinking real estate – has the pandemic brought an opportunity to bring new life to

commercial spaces? Office and retail sectors still offer opportunities for investors targeting the region, but

fund managers will need to work harder to reinvent undervalued assets hit by the

pandemic. This session explores how reutilizing real estate space to stay ahead of

secular trends could contest occupier behavior changes and reinstate much needed

value to compete for investment and attracting new tenants.

Panellists Kevin George FRICS, Executive General Manager, Office, Dexus

Joanna Russell MRICS, General Manager- Retail Development, Frasers Property Australia Shaun Jenkinson, Head of Global Occupier Services, Asia Pacific, Cushman & Wakefield

13:40 16:10 18:10 LIVE

Closing Remarks & End of Conference Day 1 for APAC

Time zone(s):

IST CST AEST


09:00 11:30 13:30 LIVE

Welcome remarks from APAC Conference Chair


09:20 11:50 13:50


Net zero carbon targets in commercial real estate – what’s informing the agenda, how is

real estate meeting those challenges and who will pay for it?

Of the world’s 2,000 largest public companies, at least one-fifth (21%) now have net zero

commitments (ECIU, 2021), but how should real estate organisations change traditional

operations, offset efficiently, and finance the pathway to net zero? This session explores

what sustainable real estate can contribute to a greener future, discusses stakeholder

incentives and how a collective footprint can bring new opportunities into the sector.


10:10 12:40 14:40

[REGIONAL SESSION 3 – LIVE] Spotlight session: Iconic and sustainable - Shanghai Towers, China Twisting high above Shanghai’s financial district, the Shanghai Towers were awarded

the title of the most beautiful building in the world in 2015. The towers incorporate 43

green and energy-saving technologies. Whilst reducing energy consumption by 21%, it

also decreases water usage by 40%. This session showcases its intelligent infrastructure

and how green buildings should focus on emitting positive impacts then emissions.

Eric Fong, Managing Director – North Asia, Rider Levett Bucknall


11:20 13:50 15:50


Online or offline? Re-imagining retail real estate – can physical stores

evolve, survive and thrive?

With global crowd density precautions striking our high streets, have retail stores been

too badly hit to rebound? The polarised change in shopping behaviour saw online sales

go from 13.6% (of all retail sales in 2019) to an expected 19.5% in 2021. What does the

challenge mean for retail real estate and how exactly does the sector attract a return to

bag-in-hand shopping? What do impacts like rising vacancy rates and retail rents really

show us and what’s to come for the sector in 2022 and beyond?


12:10 14:40 16:40

[REGIONAL SESSION 4 – LIVE] CRE tech – why the future is bright for digital ecosystems in commercial real estate Real estate is one of the oldest and most established asset classes, however even the

most stable assets need to innovate rather than simply rely on what has worked in the

past. The sector has been previously been criticised for being slow to adopt digital

solutions, but can new CRE technologies improve property management, building

Asia Pacific:

Wednesday 8th December

Time zone(s):

IST – India Standard Time

CST – China Standard Time

AEST – Australian Eastern Standard Time

Programme

Day 3

Asia Pacific

Wednesday 8th December

performance and offer a safe and engaging return? This session brings tech to the table

and reviews how exactly it can deliver sustainability improvements, simply property

management and future-proof real estate assets.

Panellists Bernie Devine, Regional Director Asia Pacific, Yardi

Ender Jiang Shutao, Founder, Hiverlab

Dr Michael de Jong-Douglas MRICS, Senior Managing Director, ESR Singapore

Deb Noller, Chief Executive Officer, Switch Automation


13:00 15:30 17:30


Green financing and green taxonomies – can sustainable financing accelerate a new

era of real estate developments?

With global and regional economies gearing up for a low carbon future, sustainable

finance bonds in Asia hit an all-time high of $544.3 billion in 2020 (The Asset, 2021),

more than doubling that of 2019. As the green influence continues to grow, landlords

and developers are now increasingly able to access green financing schemes, offering

benefits such as lower long-term borrowing costs. This session delivers expert insight

into the new wave of green investment, it’s viability and position within the future of

real estate investment and developments.

13:40 16:10 18:10

LIVE

Closing remarks and end of Conference for APAC

Documents

Global commercial property