The Barcelona Funds Meeting At the Barcelona Meeting Point’s Symposium 2014

30-31 OcTOBer 2014

Main Sponsors:

Sponsors:

Co-Organized by:

In recent years we have seen growing state funds investing in real estate outside of their local market and beyond their traditional safe places like London and New York.

This is a new type of investor that until just 10 years ago represented a singularity and has now come not only to stay but to become a key player in the real estate sector.

PNB, EPF, KIA, QIA, ADIA, IPIC, Temasek, GIC, CIC, HKIA, SABA, ... they are all sovereign wealth funds, the highest link in the investment chain that have taken advantage of the recession years to play his position and play his new role structur-ing sophisticated vehicles.

Also, Sovereign funds in many cases represent interests that go beyond the real estate rationality making difficult to analyze and understand their investor appetite from the same perspective of the sector and the traditional institutional investor.

In this session we will teach the parameters to be analyzed to understand their strategies and investment patterns of their different profiles SWFs, while we discover their future trends and their investor appetite for 2014/2015.

We will discuss issues such as different profiles of Sovereign Funds and their global strategies, comparison between Sovereign Funds and other Institutional Investors, are still currently “Core” assets their goals? What are the trends? What is the appetite that SWFs have for Europe and Spain?

Sovereign Wealth Funds: White Sharks or White Knights? Analysis of the eSADegeo’s report on Sovereign Funds and the Property Sector

16:30 – 17:30

Xavier ReigCEO & Co-FounderBlack CapitalBarcelona

SpeakeRS

Javier SantisoVice PresidentESADEgeoMadrid

30 OcTOBer

A Session organized by:

Borja GodayDirector of Corporate Finance, Financial Institutions Group & Real Estate AdvisoryKPMGMadrid

Gustavo Martínez ZamoraVice President Drago CapitalMadrid

ModeRatoR

The huge international capital flows towards investment funds has had a significant impact on Spain. Those investors have found in Spain, and especially in the real estate sector (both for lending and equity), an appropriate and quite attractive place where channel a part of the obtained funds. And it is expected that, after those broad investors, the largest and leading property-specializing funds also return to Spain.

The “must be” counterparts for such international investors are the major Spanish real estate and debt operators, led by the banks and the SAREB.

The early years of the relationship between those asset sellers and international investors have not been as easy as priory envisioned. A positive element though, it has been is that both sides have learned from their mistakes and successes.

This session will deal with: 1) the main teachings from these first years of relationship, 2) how to facilitate the execution of transactions, 3) how to take advantage of the partnerships already in place, and 4) what the forecasts are for the near future.

reviewing The relationship of Spanish Banks, SAreB and Public Administrations with International Investors. How to Translate It into More and Better Deals

18:00 - 19:30

ModeRatoR

Jose Luis SuárezProfessorIESEMadrid

SpeakeRS

30 OcTOBer

Jaime echegoyenCEO SAREBMadrid

Javier López torresPartner Real Estate Advisory KPMGMadrid

Remigio IglesiasManaging Director Grupo Santander Madrid

Miquel MontesManaging Director Banc Sabadell Barcelona

José Luis MorenoManaging Director of Property AssetsRegion of Madrid Madrid

A Session organized by:

agustín Vidal-aragonManaging DirectorBBVA Real EstateMadrid

IntroductionManuel pérezDeupty Director & Chief of EconomyLa VanguardiaBarcelona

keynote SpeakerÍñigo Fernández de MesaSecretary of EconomyGovernment of SpainMadrid

31 OcTOBer

Fundamentals seem to draw the end to the crisis and the beginning of a new cycle. Spain is back in the radar of international investors and, what’s more important, “long money” is seeking listed platforms from which to “play” in the recovery cycle.

In this session, a group of main players will share their past experiences and their forecasts for this new period:

Colonial as the main owner of offices and the company which has carried out the largest public offering; and Hispania and Merlin Properties as recently established listed SOCIMIs; and Philip Charls, CEO of EPRA, representing the association of European listed property companies.

New Listed Property companies: challenges and Opportunities

11:00 - 12:15

Ismael ClementeExecutive Chairman & CEOMerlin PropertiesMadrid

SpeakeRS

pere ViñolasCEOInmobiliaria ColonialBarcelona

ModeRatoR

enrique Martínez-LagunaVice PresidentCBRE SpainBarcelona

emilio MiravetPartner - Corporate Finance FIG & Real Estate Advisory KPMGMadrid

A Session organized by:

Luis peredaExecutive ChairmanGrupo LarMadrid

Outlook On The Spanish economy

09:30 - 10:30 BREAKFAST

The servicers together with the most relevant consultants have already become the real experts andoperators of the market. Some as service provider to an one-only client, normally a bank, and othersas multi-client platforms with Sareb or a bank as flagship.

Insomuch as their leading shareholders (funds) acquire additional asset portfolios, their priority mayshift to the management of these new assets.

If purchases of assets take place under syndicated funds deals, will we see servicers merge? Willservicers merge with consultants? Will these management platforms (servicers/consultants) acquireassets directly becoming thus the seed of the large real estate companies of the future? Will then theybe listed on the Stock Exchange?

Servicers: Just New Agents or The Origin of Future real estate companies?

12:30 - 13:45

ModeRatoR

eduard MendilucePresidentClub Inmobiliario ESADEBarcelona

SpeakeRS

31 OcTOBer

A Session organized by:

Francisco Javier de oro-pulidoDirector of Real Estate AssetsAlisedaMadrid

Javier García del RíoManaging Director SolviaBarcelona

Feliu FormosaExecutive Financial DirectorServihabitatBarcelona

andrés RibónPartner- Corporate FinanceKPMGMadrid

Juan Francisco VizcaínoCEOCo-Founder of HipoGes IberiaMadrid

enrique dancausaCEOAktuaMadrid

BARCELONA MEETING POINT 2014

October 30th & 31st, 2014

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Barcelona Funds MeetingRegistration Form

Barcelona Funds Meeting

550 Euros + 10% VAT = 605 Euros

440 Euros + 10% VAT = 484 Euros

20% discount for members of the following associations:

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