RICS - Cayman Islands Property & Construction Conference

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To register today, please call 345-949-8644, email [email protected] or visit http://caymanconference.eventbrite.com/ 1

Thursday 28th February 2013Grand Cayman Marriott Beach Resort

Seven Mile Beach, Cayman Islands

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Our sincere thanks and apprection go to the companies and orgainsations listed below:

Gold Sponsors

Silver Sponsors

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This one-day RICS conference is designed to bring together all those across the Caribbean with an interest in Property and Construction in the Cayman Islands. Guest speakers will provide insight and experience to challenge current practices and present opportunities for improvement and growth.This conference blends industry experts, panel discussions and networking to create a unique experience for all attendees.

The key objectives of the conference are:

− ShowcasepropertyandconstructionintheCaymanIslands− ExploreopportunitiesforgrowthanddevelopmentintheCaymanIslands− LaunchtheRICSCaymanChapter− Featureproducts,servicesandinformationontechnicalupdates− Networkalongsidekeyindustryprofessionals

Who will attend?

The conference is being promoted to prospective attendees including:

− Developers− GovernmentOfficials− Banking&FinancialProfessionals− InsuranceProfessionals− RealEstateProfessionals− Lawyers− ConstructionIndustrySpecialists− Appraisers/ValuationSurveyors− ProjectManagers

− QuantitySurveyors− Architects/Designers− Facility&PropertyManagers− Engineers− ConstructionManagers− Contractors− MaterialSuppliers− LandSurveyors

Connect.ShareExperiences.GainInsight.

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ConferenceAgendaataGlance

Time Session

AMSession

8:30 - 9:00 a.m Registration/Signin&MorningCoffee

9:00 - 10:00 a.mWelcomeAddress

Keynote:RICS/CaymanChapterLaunch

10:00 - 10:20 a.m Refreshment Break / Sponsor Showcase

10:20 - 11:30 a.m PPPSession-PanelDiscussion

11:30 - 12:00 p.m. PPPQ&A

12:00 - 1:15 p.m. Lunch-RedParrotPM Session

1:15 - 2:30 p.m. MarketOutlook-PanelDiscussion

2:30 - 2:50 Refreshment Break / Sponsor Showcase

2:50 - 3:50 p.m. ValuationStandards&Practice

EmergingTechnology-BIM(Building Information Modelling)

EnergySavings-LEDLighting,Making Sense of Today’s Options

4:00 -5:00 p.m. StampDutyAssessment Construction Case Study StrataLaw-AViewtoBetterManagement

5:00 p.m. Reception-Balboa’sLounge

General Sessions

Launch of the RICS Cayman Chapter:−HisExcellencyTheGovernor,Mr.DuncanTaylor, CBEandkeynotespeakersfromthe Government and the RICS.

Public Private Partnership (PPP): −HowdoesPPPworkinCanada,Jamaicaand the UK?−CanCaymanbenefitfromPPP?

Market Outlook: −Whatwillhappentovacantofficespacein George Town?− IsEastEndabouttoexperienceaneconomic boom?− Isthereanoversupplyofpropertyalongthe West Bay Corridor?

Break-out Sessions

Valuation:−Valuationstandardsandpractice.−Stampdutyassessment.

Construction:−Emergingtechnology–BIM(Building Information Modelling)−Casestudy-‘When,howandwho’of construction and development in Cayman?

Management:−Energysavings-LEDLighting,making sense of today’s options.−StrataLaw-Aviewtobettermanagement.

*Dailyschedulereflectstentativetimeframes.Alltopicsaresubjecttochange.

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Welcome Address 9:05 am - 10:00 am

Launch of theRICSCaymanChapter: Speakers include,HisExcellencyTheGovernor,Mr.DuncanTaylor,representativefromtheCaymanIslandsMinistryofFinance,DistrictAdministrationWorksandLands&AgricultureandanRICSrepresentative.

Public Private Partnership (PPP): 10:20 am - 12:00 pm

AninsightintopublicprivatepartnershipanditsapplicationintheCaymanIslandswithregardstotheframeworkfortheFinancialResponsibility(FFR)agreementwiththeUK.Thisdiscussionwillfocusonkey infrastructure projects such as:

− Newcruiseshippier/terminal− ExpansionoftheOwenRobertsAirport− NewwastetreatmentfacilityonGrandCayman(toreplacecurrentdumpnearCamanaBay)− East-Westarterialhighway(tosupportmajordevelopmentsintheEast,suchasthe‘HealthCity’)

Keynotespeakers fromJamaica,CanadaandtheCaymanIslandswillpresent theirexperiencesandexpertisefollowedbyaQ&Afromtheaudience.

Market Outlook: 1:15 pm - 2:30 pm

Localrepresentativesfromallsectorsinthepropertyandconstructionindustrywilldiscuss,withinputfrom the audience, the future of development in the Cayman Islands including key issues such as:

− WhatwillhappentovacantofficespaceinGeorgeTown?− IsEastEndabouttoexperienceaneconomicboom?− IsthereanoversupplyofpropertiesalongtheWestBayCorridor?− Changestoplanningregulations

Agenda

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Valuation Standards and Practice2:50 pm - 3:50 pm - Breakout Room 1

This session is designed to provide participants with an overview of the various valuation standards andpractice including theRICSRedBook, the InternationalValuationStandards,and theUniformStandards of Professional Appraisal Practice. Examples of competent valuation methodology forvariouspropertytypeswillbediscussed,aswellasdatasourcesinthelocalmarket.Also,anoverviewoftherecentlylaunchedValuersRegistrationScheme(VRS)willbeoutlined.

The panel discussion which will include end users who will focus on the application of these standards and practice in the Cayman Islands as well as seek ways to enhance the level of valuations provided.

Emerging Technology – BIM (Building Information Modelling)2:50 pm - 3:50 pm - Breakout Room 2

ThroughaseriesofcasestudiespanelistswillexaminewhatBIMis,whatitsbenefitsare,whereitistoday in terms of its application in the Cayman Islands and where it is likely to be in 5 years’ time.

Energy Savings - LED Lighting, Making Sense of Today’s Options2:50 pm - 3:50 pm - Breakout Room 3

Energyefficiencyisbecominganincreasinglyimportantobjectiveforfacilitiesmanagement,notonlybecause of the opportunity to minimise carbon emissions, but also because of the potential to unlock financial savings. Rising energy prices are now inspiring building operators to review their energymanagement plans and take a fresh look to see if they can be doing even more.

ThissessionisdesignedtoprovideparticipantswithanoverviewofLEDlighting,thebenefitsitcanofferandwhenitistherightchoice.ExpertswillsharetheirexperienceandreviewcasestudiesthathighlightenergyandcostsavingsforreplacingincandescentbulbswithLEDs.

Agenda

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Stamp Duty Assessment4:00 pm - 5:00 pm - Breakout Room 1

This session examines the provisions of the stamp duty law as it relates to the assessment of stamp duty on property transactions, recent amendments to the rates of duty and the procedures/policies of the Valuation&EstatesOffice(VEO).Also,theapplicablelocallegislationwillbecomparedwiththeLawsin the UK and Canada.

The session is relevant to professionals involved in advising clients on stamp duty liabilities. These includeAttorneys,RealtorsaswellasValuers.KeynotepresentationsfromthePresidentandCEOoftheInternational Property Tax Institute (IPTI).

Construction Case Study4:00 pm - 5:00 pm - Breakout Room 2

ACaseStudy looking at the ‘when, how andwho’ of construction and development in theCaymanIslands?Whenistherighttimetodevelop?Howshouldweproceedwithdevelopment?Whoshouldweuse?Usingthenew4storeyWillowHouseofficebuildingatCricketSquareasaCaseStudy,wewill discuss the issues of starting such a project at a time when global economic uncertainty existed and see how the combined experience and commitment of the development team managed to complete an ‘enhanced’Category5Hurricaneratedbuildingwithinthetime,costandqualityparameterssetbythedeveloper.

Strata Law - A View to Better Management4:00 pm - 5:00 pm - Breakout Room 3

AsummaryoftheproposedStrataTitleBillissuedbytheLawReformCommissionwithapracticalguideto its implementation will be presented. Comments and feedback from this discussion group will be included in the RICS Cayman Chapter’s review and response to the draft Strata Title Bill recently issued for consultation. This session will be useful to all strata and property managers.

Agenda

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Registration cost CI$50.00Registration includes entry into all sessions, refreshment breaks and lunch and conference materials.

Online registration (credit card registrations only)If you would like to register online, please visit http://caymanconference.eventbrite.com/

Register by Mail (cheque only)C/OBCQSInternationalAttn:RICSConferenceRegistrationWhitehallHouse-2ndFloorPO Box 871Grand Cayman KY1-1103Cayman Islands

Register at (cash or cheque only)BCQSInternational238NorthChurchStreetWhitehallHouse-2ndFloorGrand Cayman, Cayman Islands

Please submit full payment with this registration. Make all cheques payable to RICS Cayman.

Name:

Company:

Address:

Telephone: Fax

Email: RICS Membership # (if applicable)

My profession is best described as:

d Appraiser/ValuationSurveyord Architect/Designerd Banking/FinancialProfessionald Construction Industry Specialist

d Construction Manager d Contractor d Developerd Engineerd Facility/PropertyManagerd GovernmentOfficial

d Insurance Professional d LandSurveyord Lawyerd Material Supplier d Project Manager d QuantitySurveyor

d RealEstateProfessionald Other

Registration

Documents

RICS - Cayman Islands Property & Construction Conference