23 & 24 October | , Ireland

ULI Ireland Annual Conference 2019 Good Density – Drivers, Dividends & Debates ireland.uli.org | #ULIIreland2019 ireland.uli.org / 1 Chairman's Welcome

I have great pleasure in welcoming you to the third Urban Land Institute conference in Ireland.

Our cities and in particular Dublin, Cork, Limerick and Galway are the engine room of the Irish economy and home to over 50% of the country’s residents. Sustaining them and ensuring they are great places in which to live is critical to the future of the country and its citizens. They must provide for commerce and deliver sustainable thriving communities for current and future generations.

The title of our conference is “Good Density. Dividends. Drivers and Debates”. We have assembled a superb line up of Irish and international leaders with excellent experience of high-quality development projects. They have each contributed to the densification of cities whether it be in residential, mixed used or in the provision of infrastructure to support increased density.

We have delegates from many parts of the public and private sectors and our aim is to continue the conversation on how we can learn from best practise internationally and create sustainable the cities of our future. As a not for profit multidisciplinary organisation ULI is well placed to facilitate such an important conversation.

I would like to sincerely thank all our speakers and panellists for being here today and giving so generously of their time and energy. I would like to thank all our sponsors and the Irish Times for their kind support of the conference.

Finally, thank you for your attendance. We hope you find it useful. Enjoy the day

Tom Dunne, Chair ULI Ireland

2 / ULI Ireland Annual Conference 2019 The Urban Land Institute is a global, member-driven organisation comprising Programme at a Glance more than 40,000 real estate and urban Wednesday, 23 October development professionals dedicated 19.00 ULI Dinner at PwC (invitation only) to advancing the Institute’s mission of providing leadership in the responsible Thursday, 24 October use of land and creating and sustaining 08.00 Registration & Welcome Coffee thriving communities worldwide. 08.30 Welcome & Introductions 08.45 Opening Address ULI’s interdisciplinary membership 09.15 Key Factors for Successful Urban Development: Density, Infrastructure and Mixed Use represents all aspects of the industry, 10.05 Providing for Density: Viability versus Affordability including developers, property owners, 10.50 UrbanPlan Ireland video & testimony 11.00 Coffee Break investors, architects, urban planners, 11.20 Launch of the Dublin ASP Report with Short Infoburst public officials, real estate brokers, 11.30 Density & Residential: Innovative Products and Typologies appraisers, attorneys, engineers, 12.10 Infrastructure Investment: Who Benefits, Who Finances, Who Pays? financiers, and academics. Established 13.00 Closing Remarks in 1936, the Institute has a presence in 13.10 Networking Lunch the Americas, Europe, and Asia Pacific 14.00 Close regions, with members in 80 countries. europe.uli.org

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ULI Ireland Annual Conference

Wednesday, 23 October | 19.00 (invitation only) ULI dinner at PwC | Dinner speaker: Arthur Collins, President, Collins Enterprises

Thursday, 24 October | 08.00 – 14.00 Venue: 1WML, 1 Windmill Lane, Dublin 2

08.00 Registration & Welcome Coffee

08.30 Welcome & Introductions Conference Moderator: Cliff Taylor, Managing Editor, The Irish Times Kevin Nowlan, CEO, Hibernia REIT

08.45 Opening Address Minister Eoghan Murphy, Minister for Housing, Planning and Local Government

09.15 Key Factors for Successful Urban Development: Density, Infrastructure and Mixed Use Speakers: David Browne, President of RIAI and Partner, RKD Rachel Kenny, Director of Planning, An Bord Pleanala Panellists: Arthur Collins, Principal, Collins Enterprises Deirdre Nagle, Senior Planning Lawyer, Mason Hayes & Curran

10.05 Providing for Density: Viability versus Affordability Speaker: Pat O’Sullivan, Head Of Real Estate Research, AIB Panellists: Dr. Bill Nowlan, Oracle Real Estate Strategies David O’Connor, Former CEO Fingal CoCo, Chair of Property Industry Ireland

10.50 UrbanPlan Ireland video & testimony Janet Cafferky, Chair, ULI Ireland Young Leaders

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Thursday, 24 October, continued

11.00 Coffee Break

11.20 Launch of the Dublin ASP Report with Short Infoburst Tom Dunne, ULI Ireland / Nuala Gallagher, City of Bristol Karl Mitchell,

11.30 Density & Residential: Innovative Products and Typologies Speaker: Johannes Menge, European Development Director, Zoku, Amsterdam Panellists: Brian Moran, Senior Managing Director, Hines Ireland Susan Tjarksen, Managing Director, Multifamily, Cushman & Wakefield USA

12.10 Infrastructure Investment: Who Benefits, Who Finances, Who Pays? Speaker: Nuala Gallagher, Director for Economy, Bristol City Council Panellists: Brian Gaffney, Director, Property Finance, Bank of Ireland Ilona McElroy, Partner, PwC

13.00 Closing Remarks Tom Dunne, ULI Ireland Chairman Conference Moderator: Cliff Taylor, Managing Editor, Irish Times

13.10 Networking Lunch

14.10 Close

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David Browne, B Arch, FRIAI, RIBA, ARB Janet Cafferky, Senior Associate, Arthur Collins Tom Dunne President RIAI Mason Hayes Curran; Chair of ULI Principal, Collins Enterprises Chair, ULI Ireland Managing Director RKD Ireland Young Leaders As Managing Director of RKD and Janet is a senior associate on our Real Arthur Collins is the co-founding Principal Tom Dunne, chair of the Ireland Council of President of the Royal Institute of the Estate team. Janet has broad experience and President of Collins Enterprises, the ULI, is the former Head of the School Architects in Ireland, David is one of in acting for investors, developers, LLC, a real estate development and of Surveying & Construction Manage- Ireland’s preeminent design leaders financial institutions and receivers in management company focused on urban ment in Technological University Dublin. promoting the value that architecture the acquisition, disposal and leasing of redevelopment in metropolitan markets Following 10 years in the private sector, brings to society for the benefit of all. commercial, residential and mixed use from Virginia/Washington DC to Boston. he lectured in urban economics, property He is internationally recognised for his real estate assets. Janet has particular Founded in 1991, the company special- valuation and housing for many years in ability to unite and lead design teams, expertise in the private rental sector, izes in urban mixed-used development the university. He is a former president of advancing a legacy of architectural multi-family developments, portfolio sales including apartments, retail and office the Society of Chartered Surveyors Ireland excellence built over four generations. In and real estate development transactions. space. Mr. Collins sources new projects and now chairs the Residential Tenancies recent years, David has been primarily and manages the timely delivery of the Board. involved in business development with company’s redevelopment initiatives in RKD while continuing to work on early all markets. Collins has built a reputa- project concept design, masterplanning tion for successfully managing projects and practice management. He is a from $20 million to $125 million for long established leader within RKD, an institutional and high-net-worth investors. international firm driven by design thinking. Mr. Collins has been a member of the The practice offers a comprehensive and Urban Land Institute for 35 years where bespoke architectural service, closely he is a Key Leader and Chairman of the managed to meet the needs of individual Westchester/Fairfield District Council. Mr. commissions and design proposals are Collins has been a trustee for the Conway created to make the best of the unique Graduate School of Land Planning, and potential of each property according to the a Real Estate Advisor for Kent School in requirements of their clients. Connecticut. He is often asked to speak on land-use and creative urban design at Yale, Columbia University and Pace University, where he is active in the Land Use Law Center at Pace Law School. He holds a B.S. from the University of Oregon and a Master’s degree in Urban Design from the University of Pennsylvania. 6 / ULI Ireland Annual Conference 2019 Brian Gaffney Nuala Gallagher Rachel Kenny Ilona McElroy Director, Property Finance, Director for Economy, Bristol Director of Planning at An Partner, Real Estate Leader, PwC Bank of Ireland City Council Bord Pleanála Brian joined Bank of Ireland Group in Nuala has been working in urban Rachel graduated from UCD with a Ilona McElroy is a partner in the firm's 2005 and held various roles in Private development internationally for over 20 Bachelors of (Civil) Engineering and asset and wealth management practice. Banking, Corporate Banking and Group years; she took up the role as Director Masters in Regional and Urban Planning. Ilona specialises in international tax struc- Risk before re-joining Corporate Banking for Economy of Place with Bristol City She is currently Director of Planning turing, assisting investment banks and in early 2016. Brian is currently a Council in July 2018. Preceding that she Operations with An Bord Pleanála. Ra- asset managers structure and manage Director in Corporate Banking Property was Director of City Centre Development chel’s an experienced Planning Director global asset management businesses. Finance Group where he leads the with Belfast City Council where she with a demonstrated history working in Ilona has considerable experience Development Finance team which has established a new Regeneration and the planning and development industry. advising on a wide range of cross border responsibility for managing all Bank Development Department for the Having worked in senior planning and tax matters relevant to structuring mutual of Ireland Group development lending city. Prior to that she was Head of management roles for over twenty years funds, hedge funds and private equity >€5m for New Homes, Build to Rent, Regeneration with the London Borough in various planning authorities, An Bord funds. Ilona has a specific focus on real Purpose Built Student Accommodation of Newham; leading one of the largest Pleanála and in the private sector, she estate as an asset class and takes up the and Commercial sectors. Prior to Bank regeneration projects in Europe; ranging has extensive Urban Planning, Strate- role of firm real estate tax leader. of Ireland, Brian worked for KBC Bank from post-Olympic projects in Stratford gic Planning, Leadership, and Project (formerly IIB Bank). Brian is a graduate to Canning Town and the Royal Docks. Planning expertise. As well as being of University College Dublin and UCD She has worked in New York City in both an active member of the Irish Planning Smurfit School of Business. private and non-profit sector, leading Institute (past president and Fellow of on sustainable urban development as the IPI), Rachel is currently Chair of the well as teaching at Columbia University’s Management Board for the National Bio- Graduate School of Architecture, diversity Data Centre, having previously Planning and Preservation. A registered been a member of Comhar, the National architect and urban designer, earlier work Partnership for Sustainable Development. included housing in local government in Ireland, community projects in India and an architect in the private sector.

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Speakers

Johannes Menge Minister Eoghan Murphy Brian Moran, Senior Managing Deirdre Nagle Global Rollout, Zoku Minister for Housing, Planning Director, Hines Ireland Senior Planning Lawyer, MHC and Local Government Johannes Menge is, as part of Zoku’s Mr. Murphy has served as the Irish Brian is responsible for developing Deirdre is a Partner and Head of our global rollout team, responsible for the Minister for Housing, Planning and Local Hines’ Ireland projects. He established Planning and Environmental Law team. expansion of Zoku into major European Government since June 2017. He has the Hines platform in Ireland which She practises in both contentious cities, based out of Amsterdam. In July been a TD for the Dublin Bay constituency currently has more than €2.3 billion of and non-contentious planning and 2016, he joined the team which today since 2016, and previously from 2011– retail, office and residential assets under environmental law. Deirdre advises consists of six people wholly focused on 16 for the Dublin South-East constituency. management, in addition to a major and represents state bodies, banks, Zoku’s expansion strategy to grow the He previously served as Minister of State development pipeline which includes developers, contractors, engineers, brand into a global network of hotels at the Department of Finance from 2016 an additional €500 million of retail and other construction professionals over the next 10 years. Johannes has 10 to 2017. development and over 4,000 residential on energy, planning and environmental years’ experience in hotel operations and units. He re-joined the firm in 2011 matters. Prior to joining the firm Deirdre hotel real estate. Before joining Zoku, he having previously worked with Hines in worked for a state body responsible for worked at CBRE Hotels in Dublin within Russia in the 1990's. In between, he the development of energy infrastructure. consultancy and valuations. Prior to that, ran his own successful development She has extensive experience in advising Johannes worked in various operations management and investment advisory and acting for state bodies on major and corporate finance positions with firm based in Dublin which focused projects relating to all aspects of the Kempinski in Germany, China and on large urban regeneration, university consenting process including compulsory Switzerland. Johannes has a BBA in campus developments and housing acquisition. International Hospitality Management from Hotelschool The Hague. Zoku PPP projects. Brian is a graduate of is an accommodation provider that Architecture from the Dublin Institute of facilitates living and working for the Technology and obtained an MBA at the travelling professional in an innovative University of Chicago. He currently serves way, creating a new category in the hotel as a Trustee of the Urban Land Institute industry. Zoku’s first flagship property Europe and is a member of the ULI Irish is located in Amsterdam, and new National Council. properties are under development in Copenhagen, and Paris.

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Speakers

Dr. Bill Nowlan Kevin Nowlan, Pat O’Sullivan Susan Tjarksen W.K.Nowlan CEO, Hibernia REIT Head of Real Estate Research, Managing Director, Cushman & AIB Wakefield Following an MBO recently of his old Kevin Nowlan joined the Board of Pat O’Sullivan is Head of Real Estate Susan Tjarksen co-founded KIG CRE, firm, WK Nowlan Real Estate Advisors, Hibernia as Chief Executive Officer Research in AIB and works in the Real a multifamily brokerage in 2015, and Dr. William Nowlan established Oracle in November 2015 following the Estate Finance team. Pat has over 25 joined Cushman & Wakefield in 2018. Real Estate Strategies. This company internalisation of WK Nowlan REIT years’ experience of working in the With more than 30 years of real estate will offer strategic advice to property Management, the Investment Manager. financial markets. He is the author of a experience working with both private and owners with complex property situations. Prior to this Kevin held the same position number of publications on the housing public investment institutions throughout Dr. Nowlan has more than 40 years’ in the Investment Manager from its and PRS markets in Ireland, the most the country. Prior to brokerage, Susan experience investing in Irish commercial inception in 2013 and previously held recent being ‘PRS and the Irish Rental was a leader in apartment and mixed- property. Prior to forming W K Nowlan senior roles in NAMA and Treasury Market ’ which examines the issues use development, having planned, Real Estate Advisers in 1996, he was Holdings and was MD of WK Nowlan facing the rental market in Ireland and built, designed, financed and delivered Head of Property Investment at Irish Life Real Estate Advisers. He is a Chartered the role PRS plays in helping to alleviate projects totaling more than $3.5 billion Assurance plc from 1985 to 1995. Surveyor with more than 20 years’ these problems. AIB Real Estate Finance in revenue. She has also successfully He was a member of the Committee experience in the Irish property market, is a leading senior debt provider for developed and sold 12,000 residential of Management of IPUT (Irish Property including commercial agency, property Land & Development Finance and units, 2,500 hotel rooms and more than Unit Trust, one of the largest institutional management, investment, development Commercial Real Estate Finance in 2M square feet of retail and office space. property investors in Ireland) from 1997 and development financing, commercial Ireland. AIB Real Estate Finance has a Susan is a member of the Forbes Real to 2007. He is a member of the Irish loan portfolio management and debt strong multidisciplinary team of lenders Estate Council, Roosevelt University’s Town Planning Institute, a fellow of the restructuring. He has a BSc in Estate and industry professionals with a deep MBIRE Advisory Board and the Lincoln Royal Institute of Chartered Surveyors Management from the University of understanding of the real estate sectors. Park Builders Club of Chicago. Susan and a former Chairman of both the Ulster, an MBA from Ulster Business Pat is a graduate of University College holds a Bachelor of Finance from Royal Institute of Chartered Surveyors School and a Diploma in Project Dublin and Dublin City University has a The University of Illinois at Urbana– Ireland and the Royal Institute of Management from Trinity College, Dublin. BA and MA in Economics, an MSc in Champaign and completed her master’s Chartered Surveyors Europe. He was Investment and Treasury and is a CFA. work in finance as a Rotary International also a member of the RICS Governing Fellow at Essex University, Colchester, council in London. He was the founding England. Chairman of the Irish Property and Facilities Managers’ Association. He was also Visiting Professor in the University of Ulster and lecturer in Town Planning at University College, Dublin.

ireland.uli.org / 9 Speakers, continued

David O’Connor Chairman Property Industry Ireland Cliff Taylor Managing Editor The Irish Times

10 / ULI Ireland Annual Conference 2019 Conference Sponsors

Gold

Silver

Bronze

Annual Partner Media Partner

THE IRISH TIMES

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