Annual International Real Estate Conference
For 14 years, Corpore Conferences in cooperation with Estonia’s real estate associations have organized the largest real estate conference in the country, providing a venue for fresh ideas, new visions, exchanging experiences and information as well as networking.
The annual conference welcomes all managers and specialists from companies and organizations active in real estate, as well as everyone interested in the field.
The real estate conference is organized by Association of Estonian Facilities Administrators and Maintenance Professionals, Estonian Association of Appraisers, Association of Real Estate Companies of Estonia, Estonian Chamber Of Real Estate Brokers and Corpore Conferences.
- Toimumisaeg: 06.11.2015
- Asukoht: Tallinn, Estonian Art Museum (Kumu)
Dear Real Estate Enthusiasts,
You’re invited to attend the 14th international real estate conference “REAL ESTATE 2015: The Future of the Real Estate Market – Risks and Opportunities“, organised by the Association of Estonian Facilities Administrators and Maintenance Professionals, the Estonian Association of Appraisers, the Association of Real Estate Companies of Estonia and the Estonian Chamber of Real Estate Brokers on 6 November 2015 at the Kumu auditorium in Tallinn.
Property associations have been organising the biggest property conference in Estonia for 13 consecutive years for the purpose of assembling all companies, organisations and people working in the property sector and to offer new visions, exchange experience and information. This year we’re looking to provide you with an even better programme, including a range of interesting speakers, some exciting and very topical debates and the chance to meet new and useful contacts – all of which should prove to be great added value in your day-to-day work.
It’s gratifying to be able to say that 2015 is shaping up to be a good year for the real estate sector. The average value of the sale and purchase transactions carried out in the first three quarters of the year involving properties in Estonia was significantly higher than the same level in 2014: ca 57 thousands euros, which is almost 9.5% more than last year.
The residential property market remains active and attractive, with new developments continuing to arise and the choice of market participants growing. Analysing the transaction statistics for the first nine months of 2015, it can be seen that the most active real estate market is once again that of Harju County, with 14,609 sale and purchase transactions i.e. almost 43% of the Estonian total. Transactions within Tallinn formed ca 65% of this. These indicators reflect how Harju County-centric (and primarily how Tallinn-centric) the national property market is. The market of other counties is more than four times smaller.
In terms of commercial real estate, this year is expected to break the all-time record for investments. A number of experts predict that market volume will hit the 450 million-euro level, exceeding the record set in 2007.
Contributing to this result have been the very active investment market and a number of major transactions that have taken place within that framework. The majority of transactions are still performed via known investors or asset managers, but this year we have also seen new investors enter the market. The most notable have been Olympia Capital Management, the Partners Group (which has acquired former BPT Optima fund objects) and LCN Capital Partners (which has gained a portfolio of municipal rental apartments). Nevertheless, the lion’s share of market participants remain small investors, with transactions valued at up to 5 million euros accounting for ca 75% of all transactions.
‘The Future of the Real Estate Market – Risks and Opportunities’ was selected as the theme of this year’s conference so that we can comprehend and discuss the actual state of play on the property market and what the next few years will bring. In order to grasp all developments, we will be thoroughly analysing the current situation and short-term outlook of business and retail property and the construction, investment and finance sectors. To this end we’ve invited a number of leading specialists and presenters from abroad to share their thoughts with us so as to paint as broad a picture as possible of what’s going on here in Estonia, on neighbouring markets and around the world. We look forward to you taking part and to some very constructive discussions. We’re convinced that the experience and new contacts you’ll gain from the conference will add to your success in your everyday work.
The Real Estate Guru 2015 title and real estate association awards will also be presented at the conference.
See you there!
Tõnis Rüütel, Managing Director, Association of Real Estate Companies of Estonia
Jüri Kröönström, Chairman of the Management Board, Association of Estonian Facilities Administrators and Maintenance Professionals
Monica Meldo, Member of the Management Board, Estonian Association of Appraisers
Tanel Olek, Member of the Management Board, Estonian Chamber of Real Estate rokers
Moderators: Monica Meldo, Estonian Association of Appraisers;
Tõnis Rüütel, Association of Real Estate Companies of Estonia;
Jüri Kröönström, Association of Estonian Facilities Administrators and Maintenance Professionals;
Tanel Olek, Estonian Chamber of Real Estate Brokers
9.00–10.00 Registration and coffee
10.00-10.15 Opening address
Kristen Michal, Minister for Economic Affairs and Infrastructure
10.15-10.45 The great wind-down
Peeter Koppel, Private Banking Strategist, SEB Bank
10.45-11.15 The real estate investment cycle in Estonia and Europe – on the way up or on the way down?
Walter Boettcher, Director of Analysis and Market Research, Colliers International (United Kingdom)
11.15-11.45 Nordic-Baltic Real Estate Market Trends – The Technopolis Concept is Coming
Keith Silverang, CEO of Technopolis Plc
11.45-12.00 Presentation of Real Estate Guru 2015 title and real estate association awards
13.00-13.45 Economy panel:
‘The Estonian, European and global economies in macrocosm – dominant tones in the bigger picture’
Panel led by Anvar Samost, Chairman of the Management Board, BNS Group
Panellists: Ardo Hansson, President, Bank of Estonia;
Mailis Lintlom, Chairman of the Management Board, Windoor;
professor Raul Eamets, Dean, Faculty of Economics, University of Tartu;
Martin Lindpere, Economic Adviser to the Prime Minister
Residential property market panel:
‘The residential property market in 2016 – will there be continued demand?’
Panel led by Tarmo Kase, Chairman of the Management Board, Ober Haus Real Estate
Panellists: Jaanus Laugus, Chairman of the Management Board, Uus Maa Real Estate Group;
Kalev Roosiväli, Chairman of the Management Board, Pindi Real Estate Group;
Mart Habakuk, Chairman of the Management Board, Metro Capital;
Antti Asteljoki, Chairman of the Management Board, Huoneistokeskus (Finland)
14.30-15.15 Commercial real estate panel:
‘What is the new reality in commercial real estate?’
Panel led by Hindrek Leppsalu, Member of the Managemant Board, Tähesaju City
Panellists: Allan Remmelkoor, Member of the Management Board, Pro Kapital Group;
Ants Vasar, Chairman of the Management Board, Viru Center;
Aldo Dapon, Chairman of the Management Board, Admiraliteedi Center
Guido Pärnits, Director, Ülemiste Center
15.15-15.45 Coffee break
15.45-16.15 Construction market panel:
‘The construction market in 2016 – will the market stagnate or will something drive it forward?’
Panel led by Ilmar Link, Chairman of the Management Board, Teede Projektijuhtimise AS
Panellists: Tiit Roben, Chairman of the Management Board, Merko Ehitus Estonia;
Jaano Vink, Chairman of the Management Board, Nordecon;
Raivo Rand, Member of the Supervisory Board, Rand & Tuulberg and
Chairman of the Management Board, Estonian Association of Construction Entrepreneurs
Arsi Kook, Director General, Restor
16.15-17.00 Property investment and commercial real estate panel:
‘What will be the biggest changes on the commercial property market?’
Panel led by Indrek Hääl, Chairman of the Management Board, BPT
Panellists: Viljar Arakas, Chairman of the Management Board, Eften Capital;
Kestutis Sasnauskas, Partner, CEO of East Capital Private Equity;
Gert Jostov, Chairman of the Management Board, Technopolis Ülemiste;
Arvydas Avulis, Chairman of the Management Board, Hanner Group (Lithuania)
17.00-17.30 Summary of the day and prize draws
• The organisers reserve the right to make changes to the programme
• Simultaneous interpretation (English-Estonian-English)
250 EUR + VAT 20%
For 2 people from the same company, the fee is 220 EUR + VAT per person;
for 3-5 people from the same company, the fee is 190 EUR + VAT per person;
for 6 or more people from the same company, the fee is 160 EUR + VAT per person.
• one conference day
• conference materials
• coffee breaks
Everyone who attends the conference will be entered in a draw to win one of five family passes to the newly refurbished Laulasmaa Spa water and sauna centre, at which you can unwind in its six new saunas and relaxing pools.
All companies taking part in the conference will be entered in a draw to win one of two seminar room gift vouchers: one for eight hours’ use of the seminar room at Laulasmaa Spa for up to 20 people; and the other for eight hours’ use of the seminar room at Hotell Euroopa in Tallinn for up to 20 people.
Last date for registration is November 2, 2015.
Corpore Conferences will send you an invoice after you have submitted your registration form.
50% of the registration fee will be refunded if participation is cancelled in writing before November 2, 2015.
Unfortunately no refunds for cancellations made after November 2, 2015.
SEB Bank, BPT Asset Management, Colliers International, East Capital, Technopolis Ülemiste, COBALT Law Firm, Laulasmaa SPA, Eesti Päevaleht