ULI Denmark invites you to join a
Moderated Roundtable on Global Capital Markets with Peter Ballon, Global
Head of Real Estate, Canadian Pension Plan Investment Board, and former ULI
Global Chairman.
08:30 – 08:45: Arrival and
Light Breakfast
08:45 – 09:15: Setting the
Scene
The session will begin with an
introduction by Peter Ballon giving an overview on how countries and regions
are performing amidst ongoing economic and geopolitical uncertainty, and their
impact on various sectors and real estate markets. He will also touch on other
factors also affecting global capital markets such as the disrupting forces of
geopolitics, climate change, and technology.
Following the introduction, participants
will be led through a moderated conversation covering three topics:
09:15 – 09:45: Discussion One: The
Macro Environment
This discussion will focus on global and
regional geopolitical and macroeconomic trends impacting the broader investment
environment and real estate in particular. How do high inflation, rising
interest rates, and ongoing economic uncertainty continue to impact real estate?
How is Denmark positioned compared to the rest of the Nordics, how is it
positioned compared to the rest of Europe – and how is Europe positioned
compared to the other regions in the world? What opportunities and threats lie in
front of us?
09:45 – 10:15: Discussion Two: Real
Estate Dynamics
This discussion will consider how
investors are allocating capital across regions; countries; cities; investment
styles; and sectors. Will we see continued interest for ‘niche’ sectors such as
life sciences; energy infrastructure; data centres; and healthcare? Where does
this leave the traditional sectors such as office; retail; logistics; and
residential that are in the eye of the storm? What is the impact of changing
occupier demands and ESG requirements on asset allocation and building
obsolescence? What impact is the ‘flight to quality’ and location having on
asset allocation and what happens with the ‘second tier’ assets and locations? How can target returns be achieved in the current uncertain setting amidst
high financing costs and rising risk premiums?
10:15 – 11:00: Discussion
Three: The Impact of Geopolitical Risk, Climate and Technology on the Future of
Real Estate
The heightened risk of conflict around the
world is creating major shifts in real estate capital flows. A more volatile
geopolitical environment has had impact with respect to geographical markets; sectors; asset types; and strategies globally. In addition, other factors such
as technology (Artificial Intelligence) and sustainability (climate, ESG requirements) are all part of setting a new course in the future of real estate. What should we expect and where are we going?
