PROGRAM

Wednesday 17

19:00 Coctail Party

Emporio Bar & Restaurant
Bank Center
Szabadsag ter. 7
Budapest H-1054

Thursday 18

9:00 – 9:30

Introduction: Hungary’s investment market and its players

A round-up of the major deals that have shaped the market, the investors that are creating it, and the prognosis for the mid-term.

9:30 – 10:30

Will rising interest rates change the playing field for investments?

With yields reaching Western European levels in Central Europe, the room to maneuver is becoming extremely tight. Now there are signs that interest rates could be heading up, which could spell trouble for highly leveraged property investors. How is the investment market likely to react to these changes?

10:30 – 11:20

Local funds in a changing marketplace

Who are the major local funds and how are they competing with Western funds? What are their strategies? Their biggest successes? Hungarian real estate funds have been hampered by restrictive rules on investment, but changes in legislation are now underway. How much will the new laws do to inspire a bigger local property investment sector? And how could this influence the market?

11:20 – 11:40

Coffee break

11:40 – 12:30

Investment risk in modern Hungary: Where it is and how to avoid it

In an effort to keep yield shift from happening all at once, investors claim there’s still country risk in Hungary that justifies a discount for them. Is this over-blown? Where are the risks in modern Hungary and what are the tactics that should be used to avoid them?

12:30

Buffet lunch