Program

 

08:30 – 09:00 | Registration

09:00 – 09:45 | Market Presentation held by The Advisers/Knight Frank

09:45 – 10:15 | Breakfast

10:15 – 11:00 | Office: Do supply barriers spell the end of cheap rents?

Bucharest's young office market has years of development to go. But horrible traffic problems, delayed infrastructure investments, and a fear of development risk will cancel out the turbo-boost of undersupply. Poor projects will likely be lucky to survive, but could rents actually rise as a result for the best schemes?

11:00 – 11:45 |Logistics: Romania's sleeping giant

With a large consumer market and a strong manufacturing base, Romania's warehousing and distribution sector is packed with potential. But if the country's road system can't expand quickly enough, industrial developers will fall short, even once economic growth is restored. What major new infrastructure investments will be completed in the coming two years and which opportunities will they open up? How much supply growth can we expect in the next 2-3 years, and who will provide it? 

 

11:45 – 12:15 | Coffee break

12:15 – 12:45 | Debate - Getting out of the distress mess: Extend, or quit pretending?

Romania's property market was finally revving up to full speed just about five years ago, which inevitably means that there's bound to be an increasing number of loans coming up for renewal, be it for land, development or investment loans. If banks can afford to continue extending loans, should they? Or in the long-run, are write-offs now a bitter pill they should swallow as soon as possible?

12:45 – 13:30 | Retail: Coping strategies

With government austerity measures causing millions of Romanians to tighten their belts even more this year, the country's retail sector is clearly in for a rough year. What the country's malls and shopping centers up for the task? What are the coping strategies of the successful centers, and what are the mistakes made by the ones in trouble? Is now the best time for the strongest of them in each town to expand? Finally,  is there affordable financing available for new schemes with good locations and strong preleasing?

13:30 – 15:30 | Lunch & Cocktail