Topics

Overview of topics at INVESTMENTexpo 2020
(subject to change)

Investment markets

  • Global cities and investment hubs I: the United Kingdom before, during and after Brexit – the impact on office and residential investments in the UK.
  • Global cities and investment hubs II: Which of Europe’s metropolitan regions have stable growth prospects and represent attractive real estate markets for investments?
  • Global cities and investment hubs III: the new Silk Road – the impact on logistics markets, routes and properties.
  • North America – US and Canada, which cities provide investment opportunities and for which usage categories?
  • Latin America – where are stable investment markets developing for institutional investors?
  • Asia-Pacific: which regions do European investors have on their watch list? – Australia, New Zealand, Japan and South Korea?
  • China is growing and booming. Are China’s neighbours benefiting? Is investing in China sensible and future-proof and do neighbouring countries already represent a suitable investment destination for institutional investors? We take a look at China, Thailand and Malaysia.


Investment focus

  • Make or buy – are early investments in project developments the best way to invest in existing projects?
  • Project development – when is the best time for institutional investors to get involved? How should purchase price payment and cost, time and quality risks be managed?
  • Real estate as a service I – investments in data centres and data centre platforms.
  • Real estate as a service II – beds or stones – what matters when it comes to serviced or managed living investments. Are there differences between Germany, Europe and the UK?


Proprietary trading at banks – are banking moving from finance providers to asset managers?

  • The challenge of own securities account management. Banks midway between financing institute and asset manager. What role does real estate play in banks’ asset allocation?
  • Real estate investment by banks: regional and direct or national and indirect?


Liquid real estate investments

  • Liquid real estate investments as an alternative – what risk premiums need to be generated from an investor’s perspective? What is the role of ratings, investment grades and securities prospectuses?
  • Direct lending, private debt, project bonds and corporate bonds – borrowed capital investments in the real estate sector.
  • Real estate equities: investment in real estate shares and REITs – active management or passive index strategies?


Transparency when selecting managers

  • Asset manager selection – make or buy: find the best manager for investment destinations and usage types – concepts, analysis, selection process, governance, alignment of interests.
  • Cost transparency for manager fees – what costs are reasonable, accounting for management intensity, performance-based payment vs. fixed fees, fees compared internationally.


ESG – environmental and social governance

  • ESG – a challenge for investors and managers. Integrating ESG aspects into the investment process and risk management. Which of the European Commission’s requirements need to be implemented for direct and indirect real estate investments, organisational structures for investors and managers and reporting?
  • The investor perspective – integrating ESG aspects into investment decisions and manager selection. How is manager commitment to ESG aspects measured?
  • The manager perspective – how much progress have managers made in implementing ESG aspects. Fig leaf or convincing management approach? How do managers incorporate ESG aspects into corporate organisation?
  • Three case examples of ESG investments


Regulations and processes

  • What does the new RETT blocker mean for future share deal structures? – Background, legal basis, design options, risks.
  • Regulation and its impact: what consequences will increasing regulation have from a developer’s, manager’s and investor’s perspective? Is there a correlation between regulation and rental prices?
  • International regulation and investment structures – overview, legal basis, case studies, advantages and disadvantages. Which structures are suitable for which investors?
  • Improved efficiency through systematic digitalisation – evaluation of facility and property management for asset and funds reporting.
  • Digitalisation of investment products: tokens and blockchain technology. A look into the future and what is already possible in regulatory terms?