What is the reality of the times, how can investors manage risk while increasing opportunities, what are the most attractive segments for investors and how can financing be secured in the midst of a global recession? The Fourth Annual Conference: The Real Estate Market in South East Europe aspires to, through dynamic dialog with South East Europe’s most prevalent players, enhance services, and improve information systems for the community and regulatory bodies in order to ensure that all the professionals in the industry are integrated for the security of the market.

The Fourth Annual Conference:
Real Estate Market in South East Europe
March 3, 2009
Hyatt Regency Hotel, Belgrade

Program

08:00 – 09:00 Registration - Coffee/Tea

09:00 – 09:10 Opening Remarks: Biljana Stepanovic, General Manager, Ekonomist Media Group

09:10 – 10:40 Panel 1: The current situation on the real estate market in Southeastern Europe: The U.S. real estate crisis has influenced the rest of the world as well. However, some regions have been affected by the world crisis to a lesser extent. The real estate market of South east Europe is one of the sectors that have so far offered solid “resistance”, although analysts are reticent when it comes to optimistic forecasts

Moderator: Petar Petrovic, Director, Kreata Consulting
Panelists: Aleksandra Damnjanovic-Petrovic, Deputy Minister, Ministry of Environment and Spatial Planning, Serbia
Mark R. Rattermann, MAI, SRA, senior partner Resource, LLC 
Jos Tromp , Director - Head of CEE Research & Consulting, CB Richard Ellis 
George Mantzavinatos, General Manager, NBG Property Services, Greece 
Sasa Trajkovic, Country Manager, EC HARRIS

10:40-11:10 Break – Coffee/Tea

11:10 – 12:40 Panel 2: Residential construction: The main issue that investors are facing is whether the feared consequences of the crisis will reduce apartment purchasing, narrowing opportunities for new residential construction. While anticipating a reaction by potential buyers, builders are also concerned about the fact that the demand for built apartments has already decreased.

Moderator: Vojislav Stevanovic, Editor, EMG
Panelists: Danijela Ilić, MRICS, President, National Association of Valuers of Serbia 
Evangelos Mantzavinatos, Country Manager, Lamda Development
Anastazija Darijevic, Senior Residential Negotiator, King Sturge Croatia 
Slobodan Mihajlovic, Executive Director, BLOK 67 Associates 
Tomislav Sekulic, President, Association of Real Estate Agencies
Aleksandar Mancev, Head of Real Estate Department, Prica & Partners

12:40 – 13:40 Lunch

13:40 – 15:10 Panel 3: Shopping malls, industrial zones: Investors do not doubt that the construction of industrial facilities and shopping malls will be profitable, unlike the construction of residential buildings. The insufficiently developed markets of most countries in Southeastern Europe still promise good profits to investors, and the investment “boom”, currently interrupted by the financial crisis, is expected to continue after the world economy stabilizes.

Moderator: Lambros Anagnostopoulos, Managing Director, Secure Management
Panelists: Rob Schweizer, CEO, MPC Properties
Miodrag Gazibara, Leasing and Sales Director, Delta Real Estate
Ralph Holland, Partner, Forton International 
Jelena Jevremovic, Retail Manager, Colliers International
Milos Vuckovic, Partner, Karanovic-Nikolic

15:10-15:40 Break – Coffee / Tea

15:40 – 17:10 Panel 4: Real estate financing: With a lack of loans, a key issue is how to provide the financing needed for the construction of new facilities and for the completion of facilities that are already under construction. Another question is whether banks, on the basis of the experience from the American mortgage market, will continue approving loans for residential construction after the crisis, or constructors will have to search for new models of financing. Will this be a chance for investment funds and insurance and leasing companies as well?

Moderator: Slavko Caric, President of the Executive Board, Erste Bank Serbia
Panelists: Olga Kiendler, General Manager, Hypo Alpe- Adria- Bank AG International
Ljubica Georgievska, Strategic Solutions Group, Responsible for CEE, Merrill Lynch - Bank of America
Anton Spicijarić, Advisor, Real Estate Project Financing, FIMA Proprius
Justin Faiz, Director, Pluto Capital

17:10 – 18:00 Farewell Cocktail