Welcome to Latin America GRI Real Estate 2021
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LATAM: Real Estate’s Diamond in the Rough
- Paradigm Shifts - What structural changes have been generated in international real estate markets and are they influencing countries in the region? What opportunities are opening up for emerging markets?
- Investment Strategies & Risk Appetite - Where are the juiciest opportunities and how are they affected by political, social, and economic challenges? What is the importance of strong ESG standards?
- Future Latam Insights - What are the keys to success in the short, medium, and long term? How to ride the wave and not miss the opportunities?
Brazil
What strategies will boost real estate development?
- Asset performance - Which assets have shown the greatest resilience since the pandemic hit? Which regions have achieved the most interesting yields?
- Financing and investment - What is the banks' and investors' appetite? What strategies can enhance the attraction of both local and international capital?
- Visions and perceptions - What kind of deals may be kept in the coming years? Which sectors promise better yield?
Mexico
Recovery, Financing and Promising Opportunities
- Market Outlook - What are the values of variables data are related to vacancy, prices, interest rates, among others fundamental ones?
- Financing and investment - What are the investors' and banks' trust levels? What vehicles have consolidated as successful since the pandemic arrived? What new structures will come to mitigate risks?
- Towards 2022 - Where will be the location of the most attractive opportunities? What partnerships will be strategic for good deals?
Colombia
Dynamism and future projections
- Overlook - Market rates, vacancy, favorite locations & assets of choice
- Capital attraction - What are the most attractive elements for the international investor? Which regulations are efficient and which need to be reviewed? How does the local player behave?
- Challenges and opportunities - What is expected for the short, medium, and long term? What do foreign players think?
Chile & Peru
Challenges and strategic points of the new environment
- Political, economic, and social scenarios - How are the main economic variables behaving? What can we expect for each market in 2022?
- Priority market segments - What are the promising opportunities and where are they? What challenges will we face in the next 3 years?
- Regional integration - What elements are significant to build win-win relationships between players from both countries? How to work together to balance the strengths that each market brings to the table?
Central America and the Caribbean
Foreign attraction and opportunity spaces
- Current context - How are the different assets' supply, demand, and rates in the particular markets? Which regions are most active?
- Business magnet - What makes the region an attractive market for foreign players? What challenges must be looked at?
- Short, medium, and long term - How much room will there be for new developments? Which assets will have the best yield?
Argentina, Uruguay & Paraguay
Synergies and opportunities in the region
- Development niches - Is there room in each market for new players? Which regions are more attractive? What demands are still unfulfilled?
- Business models - What are the best practices that can be shared? What opportunities can be attractive for doing business together?
- Foreign Capital - What progress has been made in opening up to international capital? What government incentives are key to successful processes?
The new times of the Offices and Workspaces
There is light at the end of the tunnel
- How to surf the wave - Was it necessary to readapt amenities and sectors within the assets? What strategies were efficient to maintain the absorption rate in each market?
- Tenant Relationship - What kind of needs does the new consumer have? Tailored contracts? What technologies improve perceived value?
- Flexible Workspaces Vs. Traditional offices - Is there still room for new developments? What other proposals can be viable?
Housing Market
Demand, Proptech and new Lifestyle
- Housing deficit - Are there still places left? What government mechanisms and incentives have been effective for traditional development? What good practices can be applied in other regions?
- Product type - Affordable, Middle, or Triple A housing - What is the demand for these products? What are the best options for investment and development? Large centers or secondary cities?
- New developments - How will the future projects be thought based on changing lifestyles? What tech tools are worth having on the radar? What place does sustainability have?
Industrial and Logistics market on the rise
Market niches and business perspectives
- eCommerce and technology - How is eCommerce changing the consumer habits? Which solutions increase process efficiency? Do the returns explain the costs?
- Warehousing Centers, Distribution Centers, Urban Warehouses, Pickup Points - Which assets have the greatest development potential? Where are the best locations?
- Access to capital - Are there new players? What financing and investment alternatives are attractive?
Hospitality
Future developments, segmentation, and operational efficiency
- Luxury, midscale, economy - What is the market for each segment? What are the expectations for resorts, business, vacations?
- Business strategies - How significant were the asset and space conversions? How much potential do flexible models have? When is it interesting to diversify brands?
- In search of efficiency - What good decisions were made to keep the operation safe during the pandemic? What insights will guide the next developments? What is the position of technology in these processes?
Pablo brings great expertise in the real estate industry with experience in different sectors, such as, retail, multifamily and now hospitality. Working for Cencosud, one of the most relevant multi format retailers in Latin America, Pablo served in different real estate-related executive roles until he became responsible for the organic growth of the company in Brazil, Peru, Argentina, Chile and Colombia for all formats, in addition to serving in some company boards.
Funds and alternative financing
Diversification that boosts opportunities
- Overcome adversity - Which investment strategies were resilient? What are the paradigm shifts in the different types of assets and geographies?
- REITs, Crowdfunding, Venture capital, and other vehicles - What are their advantages? What needs do they meet? What is the potential of each?
- Investor's view - Where is this market headed? What role do technology and cryptocurrencies play in these mechanisms?
Disruptive housing models
Which model promises the best opportunities?
- Student Housing, Senior Living, Co-living, etc. - Growth market? What lessons have been learned about these formats from the pandemic?
- Key Challenges - What are the operation issues? Who is the ideal partner? What elements still need to be worked on to drive the business further? What is the role of technology?
- Market perspective - Which business models have the most promising future? What are the advantages?
Traditional financing
How much backing does it have to sustain the market alone?
- Pandemic response - How have financial institutions reacted during the pandemic? What new requirements are they demanding? Which markets are they most interested in?
- Sharing experiences - What are the main challenges and what can we learn from neighboring countries?
- Alternative financial structures - Are there interesting lending and credit models and what options will amplify capital injection?
Mixed Uses
How to get the most out of them
- Reflections and learnings - What ideas did the pandemic leave behind? Which elements gained importance and which lost significance?
- Business Projections - What spaces are critical to a project? What is the ideal composition in integrating uses? Where will the most seductive geographies be?
- Business partners - How to balance the interests of the various players? What financial models bring interesting advantages? How to achieve greater profitability?
Joint Ventures
Internationalization and successful alliances in Latin America
- Dos and don'ts - What were the key success stories? What lessons were learned from past experiences?
- Ideal formula - Who is the perfect partner, what model balances risk among all?
- Markets in the region - Which countries are best prepared to receive the international player? What are the best practices that can be applied in other markets?
Multifamily for rent
Resilient performance and asset consolidation
- Asset performance over the last 18 months - What were your yields, fees and vacancy? What strengths were highlighted? And which weaknesses?
- Challenging issues - What are the main legal challenges? How to attract equity holders and banks? What best practices can be shared across countries?
- Keys to success - What characteristics will guarantee positive results? What insights about this asset are in the top 3?
The evolution of Retail
eCommerce, adaptation and innovative models
- Market Overlook - Which asset classes suffered the least from the effects of Covid-19, both in terms of stock and market rates? Which projects grew value and which did not?
- eCommerce Boost - How deep is its impact on all processes? How does it influence and increase other concepts such as showroom, dark store, anchor store, dark kitchen, among others?
- Profitability in future developments - What technologies enhance results? What is the secret to maximizing efficiency and profitability in these projects?
Hospitality
Sources of financing, investment, and maximizing returns
- Capital raising - Where will the resources come from? Which sources have greater availability and which offer better conditions? What are the credit alternatives that can make a difference?
- Strategic reflections - Which decisions are efficient to reduce costs? Which ones can improve rates? How can profitability be enhanced?
- Business opportunities - Which are the most seductive markets? What are the strengths and sources of attraction?
ESG Insights
How can it become an important value driver?
- ESG Fundamentals - What are its principles? How is this trend growing? What will be the real impact on Real Estate developments?
- Key role in strategy and operations - What is the path of transformation for companies committed to these standards? How do they impact decision-making? What are the daily challenges?
- Investors appetite for ESG Standards - What will be the demand in the next years? How much does (or will) the criteria influence asset valuation?
Pablo brings great expertise in the real estate industry with experience in different sectors, such as, retail, multifamily and now hospitality. Working for Cencosud, one of the most relevant multi format retailers in Latin America, Pablo served in different real estate-related executive roles until he became responsible for the organic growth of the company in Brazil, Peru, Argentina, Chile and Colombia for all formats, in addition to serving in some company boards.
Market transformation
How to embrace the benefits of digitalization?
- Accelerated Trends - What are the biggest changes in consumer and business behavior? - What is the real relevance of ESG standards?
- Investing in Proptech - Is Tech reshaping market fundamentals? What are the benefits of data-driving decisions? How critical is the digital infrastructure to business growth? Does it affect the costs?
- Real Estate as a Service - How important is this customer-focused approach? How efficient is it in filling underutilized properties? What are the keys to success?
Asset Reconversion
Flexibility and New Uses
- Strategic decisions - What were the areas where the transformation to new uses predominated? What decisions were key to its success?
- Challenges to overcome - What are the tax, legal, capital risk, and construction challenges of a flexible asset? What are the ways to overcome them?
- Lessons learned - What characteristics should the next projects have? How important are flexible spaces? Is the user ready for these developments? What are the roles of sustainability and technology?
The Investment Cycle
Finding value across the Latin American markets
- Debt vs. Equity - Which players are leading the supply side? What advantages does each option bring? What challenges slow down transactions?
- Shopping for assets - What are investors looking for? Distress wave or still no price clarity?
- Latin America potential - How are the real returns Vs. US markets? And in comparison with other regions? What to expect for the next 3 years? Where are the opportunities?