The 4th Annual GRI AFRICA SUMMIT2016 Connecting African and Global Real Estate Leaders 20-21 OCTOBER • JOHANNESBURG HYATT REGENCY PROGRAMME 1 TIPS HERE ARE A FEW TIPS THAT As no one will prompt you, please join the discussion room of your choice in good time. Rooms tend to MAY BE HELPFUL IN GETTING fill up after a discussion starts so you need not be concerned by a near empty room. THE MOST OUT OF THE GRI... This will quickly change. Some participants speak so softly as to be unheard by GRI discussions are not panels. They are like most. Speak up and remind others to do so if you after-dinner conversations in one’s own living room can’t hear them. with good friends, under the guidance of a moderating Chair. Avoid monopolizing conversation, self-promotion or commercial pitches, as the Moderating Chair has been Everyone participates equally, not just the Discussion urged to cut them off. Chair & Co-Chairs. The job of the moderating Chair is to make everybody talk and engage. Discussion Co-Chairs The GRI format was designed to enable senior sit scattered about the room and participate no more industry leaders to share, learn and make friends in and no less than anyone else in the room. as natural, spontaneous and collegial a setting as possible. If connecting with new partners is useful, we We welcome your suggestions as to how we can encourage you to engage as vocally and actively as do better. you might enjoy. This will enable others to get to know you and vice versa. University of Witwatersrand students will be taking notes during your discussions in order to send an The Moderating Chair will address questions directly overview to all participants post event. No individual to participants by name or by gesturing towards names will be included in the document. them, not just to anyone in the room at-large, as that is usually greeted with pregnant silence. Even so, you are encouraged to comment, question, dissent or otherwise interject. MEDIA PRESENCE While journalists may sometimes take notes during discussions, they only ever do so after signing a “Chatham House” confidentiality agreement under which they commit not to quote for attribution to a person or to a company, except with specific consent from the respective parties. In addition, students or other reporters may summarize most of the discussions and take notes that are subsequently distributed to all participants. 2 WELCOME WELCOME TO THE AFRICAN CHAPTER OF GRI’S GLOBAL MEETINGS... Welcome to the GRI Africa Summit, a gathering of leading investors, developers and lenders shaping the future of the continent. We welcome back our loyal constituents and extend a warm greeting to those joining us for the first time. As you already know, GRI meetings are like nothing you have ever attended before. The discussion groups are not participated affairs, not polite conversations. We encourage you to question, interrupt disagree and let the world know what you think. Connect, smile, and enjoy the GRI Africa Summit. Neall De Beer Robert Marten Director - Africa Managing Director GRI - Global Real Estate Institute GRI - Global Real Estate Institute 3 NOT FINAL at time of press THURSDAY 20 October Please check handout update Time/Room ILANGA 1 ILANGA 2 NINA 2 13:30 - 14:30 CHECK-IN ECONOMIC KEYNOTE: EUVIN NAAIDOO, PARTNER AND MANAGING DIRECTOR, NINA 1 ROOM 14:30 - 15:30 THE BOSTON CONSULTING GROUP, SOUTH AFRICA 15:30 - 16:15 NETWORKING BREAK DISCUSSIONS PARTNERSHIPS & JV’S HOTEL HOTSPOTS WEST AFRICA Devil you do, devil you don’t? Which cities offer the best value? Rebounding or worse to come? 16:15 - 17:30 Craig Smith Victor Sodala Xander Nijnens Alexandre Smertnik Michael O’Malley Tony Kay Yofi Grant Greg Pearson Vincent Joyner Jameel Verjee Tunji Abdul Cyril Tay Joseph Seth Aidoo Tejas Shah Xander Nijnens Chuka Ajekwu 17:30 - 19:00 DRINKS RECEPTION AT THE HYATT REGENCY JOHANNESBURG (FOLLOWING GRI DISCUSSION SESSION) 19:00 DINNER AT THE GRILLHOUSE ILANGA 1 GRI ENTRANCE Cafe ILANGA 2 ATRIUM NINA 2 4 The official language of the discussion groups will be English. NOT FINAL at time of press FRIDAY 21 October Please check handout update Time/Room ILANGA 1 ILANGA 2 NINA 2 CHECK-IN 09:00 - 10:00 LIGHT BREAKFAST & NETWORKING NINA 1 ROOM KEYNOTE TALKSHOW: BROTIN BANERJEE, MANAGING DIRECTOR & CEO, TATA HOUSING, INDIA NINA 1 ROOM 10:00 - 11:00 OLIVIER FRENDO, MANAGING DIRECTOR, GOLDMAN SACHS, SOUTH AFRICA NETWORKING BREAK 11:00 - 11:30 NETWORKING BREAK DISCUSSIONS DISCUSSIONS OFFICES & MIXED USE EAST AFRICA HOTEL RISK & REWARD Appetite for risk but where to feast? Gaining momentum or status quo? Fair allocaction between owner, operator and lender? 11:30 - 12:30 Ewout Holst Heidi Rix Kevin Teeroovengadum Peter Muraya Xander Nijnens Alexandre Smertnik Nicholas Corbishley Hannah Subayi Jonathan Jackson Toby Selman Vincent Joyner Jameel Verjee Charles Dale Ramsden Dan Kagagi Tejas Shah DRINKS RECEPTION AT THE HYATT REGENCY JOHANNESBURG (FOLLOWING GRI DISCUSSION SESSION) 12:30 - 13:30 SEATED LUNCH DINNER AT THE GRILLHOUSE DISCUSSIONS FRANCOPHONE, CENTRAL & LUSOPHONE INVESTMENT STRATEGY AFRICA Retreat or double down? Hidden gems or too much risk? 13:30 - 14:30 George Nicholls Arthur Mambou Anthony Lewis Deon Bruwer Herve Mama Ilaria Benucci Mauro Martins Cheick Sanankoua Umaru Mutallab 14:30 - 15:00 NETWORKING BREAK DISCUSSIONS PAN-AFRICA CAPITAL MARKETS AFFORDABLE HOUSING Is liquidity improving? All talk or positive steps? 15:00 - 16:00 Anthony Lewis Peter Levett Brotin Banerjee Bronwyn Corbett Warren van der Merwe Paul Obanua Christine Glover Godfrey Tapela 16:30 FAREWELL DRINKS THURSDAY • 20 October FRIDAY • 21 October 13:30 - 14:30 Check-in 09:00 - 10:00 Light breakfast & Networking 14:30 - 15:30 Economic Keynote 10:00 - 11:00 Keynote Talkshow 15:30 - 16:15 Networking Break 11:00 - 11:30 Networking Break 16:15 - 17:30 Discussions 11:30 - 12:30 Discussions 17:30 - 19:00 Drinks Reception 12:30 - 13:30 Seated Lunch 19:00 Networking dinner 13:30 - 14:30 Discussions 14:30 - 15:00 Networking Break 15:00 - 16:00 Discussions 16:30 Farewell Drinks 5 DISCUSSIONS 20 OCTOBER • THURSDAY ECONOMIC KEYNOTE 14:30 - 15:30 NINA 1 ECONOMIC KEYNOTE Examining the Latest Developments in Africa Euvin Naidoo has joined the Boston Consulting Group as the first South African Partner and Managing Director in the Johannesburg Office. He leads the Financial Services (focus on Banking and Insurance) and the Public Sector Practices for BCG across Africa and South Africa. Selected in 2009 as a Young Global Leader at the World Economic Forum, in 2012 he was recruited to the Forum’s Global Agenda EUVIN NAAIDOO Councils, where he currently serves on the United States Council. Euvin’s experience Partner & Managing Director THE BOSTON CONSULTING GROUP in financial services encompasses Corporate & Investment Banking, Personal & South Africa Business Banking, Insurance as well as Risk. In 2004 he was recruited to join one of Africa’s leading pan-African banks, Standard Bank, within Corporate & Investment Banking, where focused on Acquisition Finance, initially based in Johannesburg and then, from 2005, in the New York office. He returned to South Africa from the USA in 2009 to head up the Risk Appetite & Credit Portfolio Management team for Standard Bank working across all personal and business banking (PBB) product lines covering a 17 country pan-African footprint, including South Africa. In 2013, Euvin joined the Barclays Africa Regional Management EXCO, where he served as the Head of Strategy for Barclays Africa, Regional Management, leading the bank’s strategy across its 11 country ‘Rest of Africa’ portfolio. Columbia University’s Journal of International Affairs has named Euvin one of the ‘Five Faces of African Innovation and Entrepreneurship’. In 2011, he was selected by Forbes as one of the African continent’s Top 10 most ‘Powerful and Influential Men’ of his generation. Euvin brings a wealth of financial services and industry insights to the BCG team coupled with strong on the ground experience across multiple geographies. PARTNERSHIPS & JV’S - Devil you do, devil you don’t? 16:15 - 17:30 ILANGA 1 CRAIG SMITH JOSEPH SETH AIDOO Associate Director, Capital Markets Chief Executive Officer JLL South Africa DEVTRACO PLUS LTD Ghana YOFI GRANT VICTOR SODALA Director CEO - Pylos Zambia GRANT DUPUIS Ghana PYLOS Zambia GREG PEARSON Head of Development Craig Smith Yofi Grant Greg Pearson MARADELTA PROPERTY HOLDINGS Mauritius Joseph Seth Aidoo Victor Sodala 6 THURSDAY • 20 OCTOBER DISCUSSIONS HOTEL HOTSPOTS - Which cities offer the best value? 16:15 - 17:30 ILANGA 2 XANDER NIJNENS ALEXANDRE SMERTNIK SVP - Hotels & Hospitality Group VP Hospitality Investments JLL South Africa QUANTUM GLOBAL ALTERNATIVE INVESTMENTS VINCENT JOYNER Switzerland CEO JAMEEL VERJEE HOSPITALITY PROPERTY FUND South Africa Founder & Chief Executive TEJAS SHAH DIAR CAPITAL UAE Regional VP – Acquisitions & Development Xander Nijnens Vincent Joyner Tejas Shah Sub-Saharan Africa HYATT INTERNATIONAL SOUTH WEST ASIA LIMITED Kenya Alexandre Smertnik Jameel Verjee WEST AFRICA - Rebounding or worse to come? 16:15 - 17:30 NINA 2 MICHAEL O’MALLEY TONY KAY Director, Founding Member Shareholder RMB WESTPORT South Africa FALCON GROUP Sao Tome TUNJI ABDUL CYRIL TAY CEO General Manager DREAMSPACES Nigeria DEVTRACO PLUS LTD Ghana CHUKA AJEKWU General Manager Michael O’Malley Tunji Abdul Chuka Ajekwu DEVTRACO LIMITED Ghana Tony Kay Cyril Tay 7 DISCUSSIONS 21 OCTOBER • FRIDAY KEYNOTE PANEL 14:30 - 15:45 NINA 1 ALL DOOM & GLOOM OR WILL AFRICA’S ECONOMIES REBOUND? The