European Commercial Real Estate Market Outlook

European Commercial Real Estate Market Outlook
Join PRMIA Paris and Moody's Analytics for a conversation on the European Commercial Real Estate Market Outlook: Evolution and Trends from Professionals' Points of View.

 

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Event Information

Date: November 8, 2018
Time: 17:30 - 20:30
Location:  Hôtel Sofitel Paris Arc de Triomphe

Join us as industry thought leaders help us to explore macroeconomic trends across Europe, as well as headlines in important markets from both a French and overall European perspective.  


Agenda

17:30 - Check-in

18:00 - Welcome and Introduction | Christian Jimenez, Regional Director - PRMIA Paris


18:05 - Overview of the Current Macroeconomic Trends in Europe: The Impact on the Real Estate Sector and its Players

  • Barbara Teixeira Araujo, Assistant Director, Moody’s Analytics

18:25 - Development of the European Real Estate Debt Market and Evolution of Risk Profiles: The Asset Management View
This presentation will focus on the core markets of France, Germany and the UK, as well as Spain and Italy, featuring the point of view of a European professional on the evolution of the market.

  • Philippe Deloffre, Head of Real Estate Debt - Private Debt and Real Assets, BNP Paribas Asset Management

18:55 - Interactive Panel Discussion: The Current Headlines in Real Estate and Their Modeling Consequences
 
The Office Market:
Are flexible workspaces and co-working challenging the traditional office property market? How is technology evolving the operations of and demand for office spaces?
The Retail Market: E-commerce growth and the ongoing structural changes benefitting the logistics sector
The Logistics & Industrial Market: The rising star of commercial real estate?
The Prime versus Secondary Market: Prime-secondary yield spreads compressing with investors targeting new sectors in the search for enhanced returns

Panelists:

  • Philippe Deloffre, Head of Real Estate Debt - Private Debt and Real Assets, BNP Paribas Asset Management
  • Arnaud Heck, Head of Real Estate Finance - Private Debt and Real Assets, Ostrum Asset Management
  • Rouzbeh Badi Arez, Independent, Former Head of Investment, FREO Group

19:30 - Question and Answer Session 

19:45 - Closing Comments

20:00 - Networking Reception



Speakers

Barbara Teixeira Araujo, Assistant Director, Moody’s Analytics

Barbara Teixeira Araujo is an economist at the Moody’s Analytics Prague office. She manages the European version of economy.com, to which she contributes regularly with timely analysis on the key national and metropolitan economic developments across the EMEA region. She is the key analyst for the U.K. and the euro zone, and she is responsible for macroeconomic national and regional forecasting, as well as narrative developments. She also writes and edits the European macro and metro publications for the Regional Financial Review. Her areas of specialization include monetary policy and the labour market, and recently she has focused her research on the different impacts of Brexit on the U.K. economy. Elsewhere, she leads and contributes to different consulting projects with major banks and other financial institutions worldwide, ensuring timely and accurate delivery. Before joining Moody’s Analytics, she worked as an economist at Natixis investment bank, in Paris. She holds a master’s degree in International Economics and a BSc in Financial Engineering, both from Paris-Dauphine University.


Rouzbeh Badi Arez, Independent, Former Head of Investment, FREO Group

Rouzbeh Badi-Arez joined FREO Group in 2015 and was responsible for FREO’s investment sourcing and execution in France. He has more than 10 years of experience in real estate investment, asset management and business development. Prior to joining FREO, Rouzbeh was head of business development at Paref, a French listed REIT, and was responsible for international funds. He also gained experience of equity and debt structuring, investment and asset management at Atemi (French Lehman Brothers asset management company) and started his career in London at a real estate private equity firm. Rouzbeh graduated from Bordeaux Business School, France.


Philippe Deloffre, Head of Real Estate Debt - Private Debt and Real Assets, BNP Paribas Asset Management
 

Philippe Deloffre serves as Head of Real Estate Debt in the Alternative Debt Management team at BNP Paribas Asset Management since March 2017.  He joined from Acofi where he was head of CRE debt funds and was responsible for managing investments in commercial real estate loans in Europe from 2013.

In 2008 he joined CBRE, the property consultancy firm, to set up the Debt Advisory business for France. He advised property investors on their loan issuances and loan restructurings, as well as financial institutions on their CRE loan sales in Europe. He began his banking career as a structured finance banker for Commerzbank in Paris and then for ABN Amro in London. He gained experience in arranging non-recourse loans on various asset classes including property and NPLs, structuring CMBS and CLOs and then originating real estate loans in Europe.  Philippe holds a Master's degree in Corporate Finance from EM Lyon business school (2001) and a Master's degree in Business Law from Jean Moulin University (2000). 


Arnaud Heck, Head of Real Estate Finance - Private Debt and Real Assets, Ostrum Asset Management


Arnaud joined Ostrum AM (formerly Natixis AM) in November 2015 as head of real estate debt activities. He has 19 years’ experience in structured financing with leading international investment banks.

Arnaud started his career with the RBS group in London, working on European mid cap deals.  He then moved to Bank of Tokyo-Mitsubishi UFJ, also based in London, to create the European leveraged finance business. In 2005, he joined Allied Irish Banks (AIB) in London and subsequently moved to their Paris branch. He ran AIB's French branch from 2011 and also sat on AIB’s international credit committee in London and Dublin. In 2013, he joined PwC in Paris to head the debt advisory practice, working on pan-European and international assignments in corporate, real estate and infrastructure transactions. Arnaud holds a M.Sc. in management from the Oxford Business School and a degree in finance and accounting.

 

This event is made possible through the generous support of our sponsor:
Moody's Analytics.

Registration


This event is FREE for members and non-members, although registration is required.  Click "Register Myself" below to reserve your spot. Make sure to click "Continue" to proceed with your registration. (If this is your first time accessing the PRMIA website you will need to create a short user profile to register.) 

 

When
11/8/2018 11:00 AM - 7:30 PM
Eastern Standard Time
Where
Hôtel Sofitel Paris Arc de Triomphe – 14 rue Beaujon Beaujon 75008 PARIS FRANCE

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