Finance for Property Investment and Development

Agenda

We are busy developing an exciting agenda for Finance for Property Investment and Development so keep your eyes peeled for details. Register your interest here to be the first to hear about announced sessions!

First announced sessions include:

CREFC Europe Breakfast Briefing on credit supply and banking regulation

Real estate market fundamentals and structural change and, of course, rising interest rates all matter – but the rules governing banks’ regulatory capital requirements are the other, hidden force driving the availability and cost of credit for real estate finance. In this session, Peter Cosmetatos, CEO of real estate finance trade body CREFC Europe, will offer insights about how to expect a market already shaped by regulation to evolve in the light of what’s coming.

• What kind of real estate lending works for which banks?
• Market segmentation between banks and non-banks
• How will incoming regulation affect banks’ lending appetite?

By Peter Cosmetatos, Chief Executive, CREFC Europe

Residential Development Funding: what are the options?

The different funding structures and sources, their benefits and the challenges they present

• Build to Sell and Build to Rent: key differences in the approach to funding
• Senior/Mezzanine/Equity Solutions: likely terms
• Forward Funding: where institutional capital is currently focused

By Laurie Marsh, Senior Director, JLL

Moderated by Amy Griffiths, Director - Debt Advisory, National Capital Markets, Colliers 
Panelists:
Adrian Moloney, Group Intermediary Director, OSB Group  
Omega Poole, Head of Capital Raising, LendInvest
Isobel Dench, Associate Director, Intermediate Capital Group

Joint Ventures and Mezzanine Finance – sources, terms and structures

When a developer might seek funding other than from mainstream third-party lenders.

Alternatives - sources and structures.

Advantages and disadvantages of each alternative.

Mezzanine finance:

• When and why mezzanine finance is attractive
• Sources of mezzanine finance
• The key practical and legal considerations and risks
• Common and creative structures

Joint venture:

• What it is and when it’s the right choice
• The common joint venture structures – the alternatives are many and varied
• Joint ventures for funding property development and joint ventures for longer term investment – why intention is so important
• Elephant traps to avoid in joint venture funding
• Deadlock, disputes and exits –what borrowers and lenders should consider – before the problem surfaces

​By James Wilkinson, Partner, Global Corporate Group, Reed Smith LLP

Commercial Investment and Development: Industrial, Logistics, Shops, Offices and Mixed Use

• Consequences of the pandemic and last year's events
• Investment vs development – what is hot vs what is not
• Financing terms a year ago versus today
• What practical and legal points are lenders and borrowers focusing on now
• Preparing to flatten out or decline – first signs

By Francisca Sepúlveda, Partner, Mishcon de Reya

Commercial Investment, Development and Finance in The City of London and its Fringe

• Who owns The City and how do they finance their purchases
• What finance looks like in today’s world compared to pre-pandemic and pre-April 2022
• What the recent rate-rises and government borrowing plans mean for investment and development
• Who’s buying, who’s selling and why

By James Abrahams, Partner at Allsop LLP

Understanding the Implications of Third-Party Funding – Where the lender’s funds are sourced has immense implications for the ultimate borrower

• Navigating the range of lender options
• What can go wrong?
• What are the consequences when it does go wrong?

Moderated by Arthur Jennings, Managing Director, Cain International
Panellists:
Farrah Brown, Head of Debt Capital Markets – Europe & APAC, Nuveen Global
Steffan Goold, Director, Beaufort Capital
Craig Wilson, Partner, Debt Advisory, Knight Frank
Johan Groothaert, CEO, Fiduciam

Politics and Property – poles apart (?)  

Property is an essential part of modern life - from the homes we live in, to the spaces in which we learn, work and relax.  

• But do politicians really understand this?  
• If not, why not - and how do their perceptions of property shape the decisions they make?  
• How do those decisions affect our industry? 
• How can our industry change how politicians view it?  
• What can the property industry do to support what the Government’s ambitions should be? 

By Ion Fletcher, Director of Finance and Commercial Policy, British Property Federation (BPF)