SPEAKERS

Lionel Botbol
Lionel Botbol


Managing Director,
Co-head of European Real Estate Investment Banking Team,
UBS Investment Bank




Lionel is responsible for the coverage of UBS Investment banking activities in the real estate sector in Europe, CEE and CIS. Lionel's team is composed of 26 individuals located throughout the region. Lionel joined UBS in 2005 after seven years at JPMorgan and eight years at Andersen where he was also responsible for real estate corporate finance and principal investment activities across Europe. Overall, Lionel has led with success over seventeen years of experience more than €80 billion of Real Estate transactions, Equity issues, debt financing, risk management and other strategic advisory assignments in the real estate sector in Europe, CIS, CEE and India. Lionel graduated from ESCP-EAP in Business Management and holds a degree in Applied Mathematics from Paris Dauphine University. Lionel is a member of the Urban Land Institute, the European Public Real Estate Association and has been a tutor of the Cambridge University Real Estate chair.

S. Michael Brooks
S. Michael Brooks

Chief Executive Officer,
Real Property Association of Canada (REALpac)






Michael is the Chief Executive Officer of the Real Property Association of Canada ("REALpac"). His role encompasses strategic planning, policy formulation, government relations, member recruitment and retention, and overseeing office operations. One of Michael's key roles is being proactive with the real estate community in Canada and internationally, and ensuring REALpac is seen as a thought leader on policy and government relations issues locally, nationally and internationally. Michael has consistently grown REALpac's reputation and reach over the past 10 years.

Michael is an Associate Professor at the Ted Rogers School of Management, Ryerson University, Toronto. He is a member of the Canadian Bar Association, American Bar Association, Law Society of Upper Canada, International Council of Shopping Centres, and the Urban Land Institute. Michael is also a Fellow of the Royal Institute of Chartered Surveyors and has practiced real estate law in Canada for over 25 years. He is on the Board of Directors of the Canada Green Building Council. He is a co-editor of The Canadian REIT Handbook.

  • PhD, University of Waterloo, School of Planning
  • Master of Business Administration (MBA), Real Property Development, York University
  • Master of Laws (LLM), Osgoode Hall Law School
  • Bachelor of Law (LLB), University of Western Ontario
  • Honours Bachelor of Environmental Studies (Hons. BES), Urban & Regional Planning, University of Waterloo
  • Institute of Corporate Directors (ICD) Education Program, University of Toronto


Mark Burton

Chief Investment Officer, Real Estate Department
Abu Dhabi Investment Council





A Chartered Surveyor and Banker with fourty years of experience in the UK property market, twenty five years in the US, Seventeen years in Europe and twelve years in Japan and Asia. During that time has created and run Agency Departments, lending, Direct Investments and Fund Management businesses.

Career to Date :
Chief Investment Officer- Real Estate Department - Abu Dhabi Investment Authority 2001-2007
AIG Global Real Estate Investment (Europe) Limited, June 2000
AXA Investment Manager, September 1999- May 2000
United Bank of Kuwait PLC, 1982-1999
Cluttons 1967 -1982

Qualifications :
Member of Royal Institute of Chartered Surveyors.

Memberships :
Chairman: Urban Land Institute (ULI) UK -1999
Chairman: RICS Commercial Property Panels-1998
Chairman: Investment Property Forum-1995
Member of UK Government Property Advisor Group 2000-2001
Member of Malinson Committee on Red Book Valuation

Samson Chan Kei Tung
Dr. Samson Chan Kei Tung

Deputy Managing Director,
Stanley & Partners Investment Management Co., Ltd





Education:
Doctorate of Business Administration, Newport University, California, USA
MBA, National University, California, USA
Bachelor of Science majoring in Civil Engineering, California State University, USA

Professional Qualifications:
Registered Civil Engineer in CA, USA
Member of American Society of Civil Engineers
Certified Commercial Investment Member (CCIM, US)
Certified International Property Specialist (CIPS, US)
Certified Commercial Real Estate Appraiser (CCRA, US)
Certified Real Estate Appraiser (CREA, US)

Professional Experience:
Dr. Chan is a founding partner of Stanley & Partners. He is the Head of the fund management, research and consulting department, providing real estate investment management, market and feasibility studies, corporate strategy, financial advisor and project financing services. He particularly focuses on China real estate investment for overseas investors and international funds. He has successfully assisted major international investment banks such as Citigroup, Lehman Brothers, Credit Suisse, Wachovia and Macquarie Bank to make their real estate investment projects in China. He is also involved in all key processes such as deal sourcing, due diligence, negotiation and government approval.

Dr. Chan was an academic advisor and a professor for MBA students at Newport University, and he once taught at Curtin Technology University in Hong Kong. He also served as an on-site Head of Engineering for Hong Kong Shui On Group, in charge of overall project coordination and planning. To ensure the quality of the project, he effectively set up the ISO9002/14000 quality management system. While he was working in the US, he worked as a Project Manager in Gerald Mele Associates, Inc. in charge of consulting and Engineering Studies. He has gained international experience and in-depth knowledge of real estate finance and residential, commercial and industrial development in the China, Hong Kong and US markets.

Philip W. Charls
Philip W. Charls


Chief Executive Officer,
European Public Real Estate Association (EPRA)




After graduating from the University of Leiden in 1974, Philip practiced law for three years in The Hague. He joined the Nationale Nederlanden, life insurance division of ING, in 1977 where he was engaged in various management positions. In 1991 he was appointed Senior Vice-President of Life of Georgia in Atlanta (USA). Life of Georgia was ING's major life operation in the USA at the time. In 1993 Philip joined RVS Insurance (ING Group) in Belgium as CEO where he managed a restructure of the company.

In 2001 he was appointed General Manager of the Dutch Chamber of Commerce for Belgium and Luxembourg, where he successfully implemented a turnaround based on an e-commerce business strategy and creation of business partnerships.

On 1 September 2007 Philip Charls was appointed CEO of EPRA (European Public Real Estate Association). EPRA represents the listed real estate companies in Europe.

Philip as board member, has been actively involved in professional associations which include the Commission of Consumer Affairs of the Dutch Social Economic Council, the Board of the Belgian Insurance Association, CEA, Paris, (European Insurance Federation) and LIMRA International, Hartford, (Life Insurance Marketing Research Association).

Tim Church
Tim Church

Managing Director,
Head of Real Estate Investment Banking, Australia, JP Morgan






As Head of Real Estate in JPMorgan's Investment Banking Division, Tim's primary responsibility is for the Listed and Unlisted Property Trust sector. Prior to joining JPMorgan, Tim was Managing Director, Head of Real Estate with Goldman Sachs JBWere for 8 years. Tim has been involved in raising over $15 billion worth of new capital in the Listed Property Trust sector including a wide range of new listings from the largest ever Property Trust sector IPO, the Commonwealth Property Office Fund; Bunnings Warehouse Property Trust; James Fielding US Industrial Trust; and APN European Retail Trust

In addition to acting for a large number of listed entities, Tim has also been involved in a wide range of unlisted and direct property transactions. These include five Australand Wholesale Property Trusts with assets totaling $800m and sale of major direct property assets, such as Macquarie Goodman's stake in 475 Victoria Avenue, Chatswood and Colonial's $500m industrial portfolio

Tim has also acted as adviser to the Gandel Retail Trust on the demerger of the Colonial First State Diversified Trust; adviser to Investa Property Group on the takeover of Principal Office Fund; adviser to Australand on the stapling/merger proposal; and adviser to Macquarie Goodman on the merger of its Management and Trust businesses and acquisition of UK operation Arlington Securities

Prior to his tenure at Goldman Sachs JB Were, Tim built up over a decade's experience in the direct property industry. 8 years where spent with Richard Ellis as Associate Director of Valuations, where Tim valued many of Australia's largest investment properties and portfolios. Tim's profile within the industry is demonstrated through his activities as a member of the Australian Property Institute and
the Property Council of Australia, where he sits on the National Capital Markets Committee

Peter Cosmetatos
Peter Cosmetatos

Director of Finance and Investment,
British Property Federation (BPF)





Peter is Director, Finance and Investment at the British Property Federation, with responsibility for formulating and articulating BPF policy on a wide range of tax and related issues of interest to the industry.

Before joining the BPF, Peter worked as a tax lawyer at Freshfields Bruckhaus Deringer and at Wragge & Co with, in each case, a strong focus on property and property finance work. After more than ten years in private practice watching helplessly as the tax system grew ever more complex and helping to structure transactions in the face of that increasing complexity, he is relishing the broader role and greater policy focus of work at the BPF.

His expertise brings a new dimension to the technical capabilities available to the BPF, providing an in-depth understanding of the rapidly changing legislative environment that is driving the development of REITs and property investment vehicles and in which the property industry more generally operates.

hiroshi danno
Hiroshi Danno

Executive Vice President and Representative Director
Mitsubishi Estate Co., Ltd.





Since he joined Mitsubishi Estate Co., Ltd. in 1973, Mr. Danno has been involved in the distribution and development of real estate properties. In 1999, he was appointed General Manager of the Urban Development and Real Estate Investment Promotion Department, and fostered the development of income-generating real estate properties such as office buildings, retail properties, and rented accommodations, leveraging on real estate securitization. In April 2005, he was appointed Senior Executive Officer and General Manager of the Development and Investment Department, and has been in the current position since June 2005.

In 2001 when the J-REIT market was established, Mr. Danno was, as a pioneer of Japan's real estate investment market, responsible for the establishment of Japan Real Estate Investment Corporation, for which Mitsubishi Estate has served as one of the main sponsors, and of Mitsubishi Jisho Investment Advisors, Inc., a private real estate fund manager. In 2002, he was involved in the founding of Ascott International Management (Japan) Company Limited, a joint venture between Mitsubishi Estate and the Ascott Group Limited, a Singaporean firm, for development of serviced apartments.

In 2002, Mr. Danno served as Chairman of the Systems Committee, and in 2007, as Chairman of the Management Committee, of the Association for Real Estate Securitization. In 2005, he was appointed expert member of the First Subcommittee of the Sectional Committee on Financial System of the Financial System Council.

He received a BA in economics from Hitotsubashi University in 1973.

Pietro A. Doran
Pietro A. Doran

Chairman & Principal Partner
Doran Capital Partners





Pietro Doran has over 25 years of Real Estate industry experience. He is Chairman, Principal Partner and Founder of Doran Capital Partners ("DCP"), a diversified real estate investment and fund management firm established in 2002. DCP is the first Korea based fund manager with over $1 billion in discretionary and non-discretionary capital under management.

He served as a Managing Director and Chief Investment Officer for the $30 billion New Songdo City development located in Incheon, Korea of a joint venture between The Gale Company headquartered in New Jersey and POSCO Engineering & Construction Co., Ltd. a subsidiary of POSCO, Korea. Mr. Doran is credited with laying the financial foundations of this project having structured the first non-recourse land development financing done in Korea. During his tenure with Gale he raised over$1.85 billion in financing. He also served as Senior Investment Advisor to the Morgan Stanley Real Estate Fund (MSREF) and was CEO of Morgan Properties accumulating an investment portfolio valued at over $1 billion in non-performing loans and direct property acquisitions.

Considered a pioneer in laying the foundations of Korea's modern real estate market Mr. Doran founded Korea's first international property services company in 1991 and later established the nation's first 100% foreign owned real estate firm later acquired by MSREF. Mr. Doran is credited with advancing modern standards in real estate appraisal and property valuation through introduction of income based valuation methodology.

Mr. Doran has written many articles and papers on the Korean and Asian property markets is the author of what is now a well known thesis regarding the increasing integration of North Asia's property markets entitled: "The Yellow Sea Economic Basin: The Rising Dragon of Asia". Mr. Doran is a frequently invited speaker to both Korean and International property symposiums and conferences.

He holds a MS from the Massachusetts Institute of Technology and received a BS from the University of Massachusetts (Cum laude).

David Edwards
David Edwards

Regional Director,
Regional Investment Strategist,
LaSalle Investment Management, Asia Pacific





Current Responsibilities
David Edwards is responsible for working with Asia Pacific senior management and Portfolio Managers to determine the strategic direction for specific portfolios and funds, as well as tactical calls on individual markets. With over ten years experience working across Asia his role involves coordination with the Global Investment Strategy team to ensure compatibility of regional strategies with global developments. Mr Edwards also has asset and portfolio management responsibilities.

Experience
  • Property investment portfolio management
  • Acquisition and disposition activities
  • Development management
  • Experience with value added Asset Management
  • Strategic forecasting and analysis of market trends and Regional allocation strategies
Positions

Prior to rejoining the firm in 2004, Mr Edwards was Head of Fund Management Services at Hongkong Land, responsible for driving the company's ambitions to grow its fund management business. The role included heading up the company's joint management of the Grosvenor Land Property Fund, a private equity closed-end property investment fund. He was also responsible for managing two joint venture property development businesses. Before joining Hongkong Land, he was Director at Jones Lang LaSalle and Head of the company's Real Estate Intelligence Service that provided institutional investors with Asia wide property and economic analysis, data and forecasts and investment guidance. Previously he had worked in the Hong Kong and Bangkok offices of Brooke Hillier Parker and in London with Hillier Parker.

Education and Affiliations
  • B Sc (Hons) Land Management, University of Reading, 1990
  • Chair, Professional Ethics and Standards Committee and Board Member, RICS-HK
  • Member, Royal Institution of Chartered Surveyors

Eiji Enomoto
Eiji Enomoto

Executive Officer
Nomura Real Estate Development Co.,Ltd.
Deputy Company President of Investment Management & Advisory Company



Mr. Enomoto is an Executive Officer of Nomura Real Estate Development and a Deputy Company President of Investment Management & Advisory Company.
Since 2005 he has been involved in investments in real estate securitized products as well as formation of Nomura Real Estate Capital Management. He was a Portfolio Manager and a Managing Director of Nomura Real Estate Investment since 2004. Prior to that he was involved in establishment of Nomura Real Estate Investment Management in 2001 and was responsible for private property funds of various strategies from core to opportunity, such as JOFI and SMILE series. He was one of the founding members of the company's investment activities, which was launched in 1990 as a JV with a major U.S. pension fund, followed by domestic investments in 1997. Prior to that he experienced several positions including accounting, product development and business planning after joining Nomura Real Estate in 1985.
Mr. Enomoto is a licensed real estate broker, a real estate consultant, a member of Japan's Real Estate Appraisal Association and a chartered member of the Security Analyst Association of Japan. He received a BA in economics from Keio University.

Anthony De Francesco
Anthony De Francesco

Head of Research,
Colonial First State Global Asset Management





Anthony is Head of Research at Colonial First State Global Asset Management. Anthony is responsible for the provision of research for supporting asset management, product development and servicing, business development and distribution initiatives for the property and alternatives business. The Research function entails developing house views and undertaking strategic research on property and infrastructure asset markets on a global scale and across the listed and unlisted investment segments.

Anthony has over 10 years experience in various research roles. Anthony is involved in client presentations and seminars. Anthony's research experience involved reviewing international markets (both economic and property fundamentals).

Prior to this role Anthony held a variety of roles that included:
  • Head of Research, Colonial First State Property (2003-2005).
  • Senior Quantitative Analyst with Commsec, Commonwealth Bank of Australia (2002-2003).
  • Head of Research with Lend Lease Real Estate Investments Ltd (1998-2002).
  • Manager, Quantitative Analysis with Group Treasury, Westpac Banking Corporation (1994-1998).
Academic Qualifications
  • Bachelor of Arts (Economics).
  • Master of Commerce - Hons (Econometrics).
  • PhD (Economics), UNSW.
Other Achievements
  • Involved in the education programs of the Property Council of Australia (PCA) and other industry and educational institutions.
  • Presents at various industry forums and for private clients.
Daisuke Hamaguchi
Daisuke Hamaguchi

Director of Pension Investments,
Pension Fund Association






Daisuke Hamaguchi is Director of Pension Investments for Pension Fund Association, Japan. He joined the institution in 2005 and is now responsible for managing its assets totaling US$ 110 billion.

Prior to this, he was Chief Investment Officer for Mitsubishi Corporation Pension Fund, and also worked for Mitsubishi's Capital Markets Group for over 20 years.

He graduated from Kyoto University, Japan, and earned MBA from MIT Sloan School of Management.

Dave Hardman
Dave Hardman

Managing Director,
Warburg Pincus LLC






E. Davisson (Dave) Hardman joined Warburg Pincus in 2007. He is based in New York and leads the firm's global real estate investment activities. Prior to joining Warburg Pincus, Mr. Hardman was a Managing Director at Morgan Stanley, where he last led U.S. real estate investing and previously Asia real estate investing. He received an M.B.A. from Harvard Business School, a B.S. from the United States Military Academy and served on active duty as an infantry officer in the United States Army.

hiromichi iwasa
Hiromichi Iwasa

Chairman, The Association for Real Estate Securitization (ARES)
President and Chief Executive Officer of Mitsui Fudosan Co., Ltd.




Hiromichi Iwasa joined Mitsui Fudosan Co., Ltd. in April 1967, became a Director in June 1995 and has been serving as President and Chief Executive Officer since 1998. Mr. Iwasa also serves as President of the Real Estate Companies Association of Japan, and Vice Chairman of Japan Business Federation (Nippon Keidanren). He was awarded a Japanese Emperor's Medal of Honor with Blue Ribbon in April 2008. He holds a Bachelor of Laws and Master of Laws from Keio University.

Simon Jones
Simon Jones


Excecutive Director
Co Head, Real Estate Capital
Macquarie Bank Limited





Simon has been with Macquarie Bank Limited for 13 years and is Co Head of Macquarie's Real Estate Capital division, responsible for real estate funds management and principal investing.

Simon is responsible for overseeing the management of over A$17 billion in property funds. Simon is the chairman of the management company of Macquarie Office Trust and Macquarie Direct Property Fund, director of the management company of Macquarie Leisure Trust and alternate director of the management company of Macquarie CountryWide Trust.

Up to September 2006, Simon was chief executive officer of Macquarie Office Trust for 11 years, where he oversaw the Trust's growth in assets to over $5 billion including the merger of Principal America Office Trust and establishing joint ventures with Brandywine Realty Trust and Maguire Properties.

Simon holds a Bachelor of Commerce from the University of NSW, is a Certified Practising Accountant, an Associate of the Securities Institute of Australia and also a fellow of the Royal Institution of Chartered Surveyors (RICS).

yuichiro kawaguchi
Yuichiro Kawaguchi

Professor
Graduate School of Finance, Accounting and Law
Waseda University





Doctorate in engineering, the University of Tokyo, 1991. Following a visiting fellowship in the Department of Land Economy at the University of Cambridge in the UK in 1996, appointed as professor in the Department of Real Estate Sciences at Meikai University in 1999. Responsible for Real Estate Finance Course in the Waseda University Graduate School of Finance, Accounting and Law since 2004.

Engaged in research and teaching with academic and industry researchers aimed at perfecting real estate financial engineering. Chairman of the Japanese Association of Real Estate Financial Engineering since 2004. Director of the Institute of International Real Estate Studies since 2007. Chairman of the Japan Association of Real Options and Strategy. Major publications include "Fudosan Kinyu Kogaku (Real Estate Financial Engineering)," Seibunsha, 2001, "Nyumon Fudosan Kinyu Kogaku (Real Estate Financial Engineering, an Introduction)" Diamond, 2001, and "Riaru Opushon no Shiko to Gijutsu (Real Option Concepts and Techniques)," Diamond, 2004.

Catherine R. Kinney
Catherine R. Kinney


Head of Global Listings,
Group Executive Vice President,
NYSE Euronext




Catherine R. Kinney is Head of Global Listings and Group Executive Vice President, NYSE Euronext. She is a member of the NYSE Euronext Management Committee.
Mrs. Kinney, who is based in Paris, is responsible for overseeing the company's global listings and NYSE Euronext marketing and branding.

Prior to that position, she was Group Executive Vice President of the New York Stock Exchange since June 1995. Since 1986, Mrs. Kinney was responsible for managing trading-floor operations and technology.
Mrs. Kinney joined the NYSE in 1974 and rose through the ranks, holding management positions in several divisions, including Technology Planning, Sales and Marketing, Operations and Regulation.

She is a member of the boards of Georgetown University and Catholic Charities. She served on the Board of the Metropolitan Life Insurance Co. from 2002-2004 and Depository Trust Company from 2003-2007.
Mrs. Kinney graduated Magna Cum Laude from Iona College and completed the Advanced Management Program, Harvard Graduate School of Business. She has received honorary degrees from Georgetown University, Fordham University, and Rosemont College.

Nori Gerardo Lietz
Nori Gerardo Lietz


Partner, Chief Strategist for Private Real Estate Investment Management,
Partners Group





Nori Gerardo Lietz is a Partner, chief strategist for private real estate and chairman of the private real estate investment committee. Prior to joining Partners Group in the San Francisco office, she was Managing Partner and Chief Executive Officer of Pension Consulting Alliance, a global leader in real estate investment consulting, which she co-founded in 1988. Previously, she co-founded Public Storage Management, Inc., an institutional money management firm deploying pension capital to acquire real estate assets. Furthermore, she was an attorney specializing in SEC and ERISA matters on behalf of pension funds, real estate managers and real estate pension consultants. Ms. Lietz graduated with honors from Stanford University and holds a juris doctorate from the UCLA School of Law. She is a former member of the Pension Real Estate Association Board of Directors and of the Real Estate Research Institute. She is a Lecturer at the Harvard Business School, and has guest lectured at the Wharton Business School and MIT Center for Real Estate. In 2006, she was named one of the 30 most influential individuals in Private Real Estate worldwide.

Mary Ludgin, Ph.D
Mary Ludgin, Ph.D


Director of Global Investment Research,
Heitman LLC
(With firm 18 years, 23 years real estate experience)




Mary is the firm's Director of Global Investment Research. She is the author of numerous articles and research studies relating to real estate markets, portfolio management and strategy. Mary is a member of Heitman's Board of Managers, its Investment Committee and its Portfolio Management Committee. Prior to joining Heitman, she was an urban planner for the City of Chicago and she worked in retail site location.

Mary holds an AB from Vassar College and an MA and PhD from Northwestern University. Among other professional affiliations, she has just completed her term as Chairman of the Board of the Pension Real Estate Association. She remains a member of the PREA board. She is a former president of the National Council of Real Estate Investment Fiduciaries. She was named a fellow of the Homer Hoyt Institute in 2000.

John Lutzius
John Lutzius

Managing Director, International
Green Street Advisors,Inc.




John is responsible for developing Green Street's business outside of the U.S. He is based in London and is building a team to cover European real estate securities.

John's prior roles at Green Street have included Chief Executive Officer, President, and Senior Research Analyst. While a U.S. analyst, John authored research reports on over forty real estate companies in a variety of property sectors. He is a two-time winner of the Wall Street Journal's "Best on the Street" award in the REIT category.

Before joining Green Street, John worked in the treasury department of Citibank in New York and the leveraged lending group of Security Pacific National Bank in Los Angeles.

John earned an M.B.A. from Northwestern University and a B.S. from the State University of New York at Albany. His professional affiliations include the National Association of Real Estate Investment Trusts, the European Public Real Estate Association, the Asian Public Real Estate Association, the Urban Land Institute, and the Young Presidents Organization.

Ichiro Makijima
Ichiro Makijima

Executive Managing Director
The Association for Real Estate Securitization (ARES)





Ichiro Makijima started his career at Mitsui Fudosan Co., Ltd. in 1974, and was engaged in various commercial real estate development businesses. Prior to joining the Council for Real Estate Syndication (a predecessor of ARES) in 2001 as Secretary General, he was General Manager of the Nihonbashi Projects Planning Group of the Office Building Portfolio Management Department. He has been serving his current position at ARES since its establishment in December 2002.

Ichiro also serves as a committee member of commercial real-estate appraisals of the National Land Development Council and a director of the Japan Securities Investment Advisers Association. He received B.A. from The University of Tokyo.

Peter Mitchell
Peter Mitchell

Chief Executive Officer
Asian Public Real Estate Association (APREA)





APREA is a non-profit trade association which was established to represent the listed real estate sector in Asia-Pacific. It enjoys a particularly close relationship with both NAREIT in the US and EPRA in Europe. It has over 130 members (from Australia, Japan, Singapore, India, Hong Kong, Malaysia, the Philippines, Korea, the Middle East, US and Europe, amongst others). Members come from listed real estate companies, REIT managers, investors and investment banks, amongst others.

Peter holds degrees in economics and law and practised as a lawyer in Australia and Singapore for many years, specializing in international property transactions with particular focus on securitized property.

He has lived in Singapore for 8 years.

He has been involved in REIT and other property and foreign investment transactions in numerous countries in the region, including Singapore, Malaysia, Taiwan, Australia, Korea, China, Thailand and Indonesia.

Peter has also assisted regulators across Asia and the Middle East in the formulation and development of REIT regulations and has advised foreign funds on secondary listing and other establishment options in Asia.

keiichi ozawa
Keiichi Ozawa


Deputy Vice-Minister for Construction, Engineering and Real Estate Industry,
Ministry of Land, Infrastructure, Transport and Tourism




1976 Graduated from the University of Tokyo, Faculty of Law, and joined the Ministry of Construction.
2001 Appointed Director of General Affairs Division of the Road Bureau, Ministry of Land, Infrastructure, Transport and Tourism (MLIT).
2002 Appointed Counsellor for Personnel, Minister's Secretariat, MLIT.
2003 Appointed Director of Personnel Division of the Minister's Secretariat, MLIT.
2004 Appointed Assistant Vice-Minister of the Minister's Secretariat and also held a position in the Civil Aviation Bureau of MLIT.
2006 Appointed Deputy Vice-Minister for Policy Coordination, Minister's Secretariat, MLIT.
2007 Appointed Director-General, Land and Water Bureau, MLIT.
2008 Appointed to current position of Deputy Vice-Minister for Construction, Engineering and Real Estate Industry, MLIT.


Kurt W. Roeloffs Jr.
Kurt W. Roeloffs Jr.


Managing Director & Asia Pacific CEO,
RREEF Alternative Investments





RREEF Alternative Investments (RREEF) manages approximately US$90 billion of real estate, infrastructure and private equity investments on behalf of its institutional and retail clients across the world. Mr. Roeloffs is responsible for RREEF's Asia Pacific businesses which range from Japan to Australia/New Zealand and to the Indian Sub-Continent. RREEF's assets under Asia Pacific management is approximate stet US$10 billion. RREEF is a division of Deutsche Asset Management within the Deutsche Bank Group. Since 1997, Mr. Roeloffs has directed nearly US$4.0 billion of equity investments on behalf of RREEF and its clients. Previously, he was a Managing Director of Bankers Trust's Real Estate Investment Banking Group where he completed over US$10 billion of advisory, equity and debt assignments from 1989 to 1997, as well as founding its Asia business in 1994. Prior to joining Bankers Trust, Mr. Roeloffs was a project manager for Trammell Crow Company in its Philadelphia, Pennsylvania office, where he managed the development of a 750,000 square foot office park; including financing, construction, leasing, and property management.

Mr. Roeloffs is a member of The Asia Society, The Japan Society and the Urban Land Institute where he has served on its Japan Council. He is Counselor to the Trustees of the Japan International Christian University Foundation. Mr. Roeloffs received a BA from Columbia University and an MBA from the Wharton School, University of Pennsylvania. He has been a lecturer in the Masters Degree programs of The Wharton School, The Kellog School, The Darden School and the New York University. Mr. Roeloffs resides in Singapore with his family.
 
atsushi saito
Atsushi Saito

Board Member, President & CEO, Tokyo Stock Exchange Group, Inc.
President & CEO, Tokyo Stock Exchange, Inc.





Born in October 1939 in Kumamoto prefecture, Mr. Saito graduated from Keio University in 1963 then went on to work at Nomura Securities Co., Ltd. for 35 years. During that time he was stationed twice in New York for a total of 10 years, and in 1986 he was appointed as a member of the board. At Nomura, Mr. Saito worked in Treasury and Fixed Income Dealing and several other divisions, overseeing operations in a broad range of areas from treasury to legal affairs. During his tenure here he served as Deputy President and in many other executive roles.

While in New York in the latter half of the 1980's, Mr. Saito was actively involved in the securitization of non-performing loans, real estate and commodities, as well as the development and sale of index funds and other products.

He has also committed his efforts to the liberalization of financial services in Japan, participating in the planning of the Japanese financial "Big Bang" policy promoted by the Hashimoto cabinet by acting as a member of several governmental deliberation councils.

After retiring from Nomura, Mr. Saito served successively as President, then Chairman of Sumitomo Life Investment Co., Ltd., where he participated in company administration and the management of 10 trillion yen in pension capital.

In April of 2003, Mr. Saito became president of the Industrial Revitalization Corporation of Japan – a part of the government's financial revitalization project – where he engaged in many revitalization support programs. While at this corporation, he played a significant role in the resolution of the country's non-performing loan problem, and blazed a trail for corporate restructuring in the future.

Mr. Saito was appointed President and CEO of Tokyo Stock Exchange, Inc. in June of 2007, and in August of the same year became the first President and CEO of Tokyo Stock Exchange Group, Inc., the holding company for the market operation company and the self-regulation corporation. Many have high expectations for his expertise towards strengthening the international competitiveness of Japan's financial markets

saito takashi
Takashi Saito

Deputy Senior General Manager, CRE Dept.,
Japan Post Holdings Co., Ltd.






1986-1998 :
Join to the Ministry of Posts and Telecommunications, Japan, as 1st grade public official.
1999-2000 :
Visiting researcher of the University of Reading, UK, for research and study of the UK PFI projects.
2001-2007 :
Created and developed CRE strategy of Japan Post as public organization.
Oct. 1, 2007 :
Japan Post Group (Japan Post Holdings Co., Ltd., Japan Post Service Co., Ltd., Japan Post Network Co., Ltd., Japan Post Bank Co., Ltd. and Japan Post Insurance Co., Ltd.) established by privatisation of Japan Post.
2007-present :
Deputy Senior General Manager of Japan Post Holdings as CRE strategist.

takafumi sato
Takafumi Sato

Commissioner,
Financial Services Agency





1950 Born in Kanagawa Prefecture, Japan.
1973 Graduated from Hitotsubashi University, Faculty of Economics, and joined the Ministry of Finance.
1977 Completed postgraduate studies at the University of Oxford with a Master of Philosophy in Economics.
Appointed Budget Examiner of the Budget Bureau, then later Director of the Banking Bureau's Coordination Division, Ministry of Finance.
1998 Appointed Director of General Coordination Division, Commissioner's Secretariat, Financial Supervisory Agency.
1999 Appointed Professor of Economics, Nagoya University.
2001 Appointed Deputy Director-General of the Planning and Coordination Bureau, Financial Services Agency (FSA).
2002 Appointed Director-General of the Inspection Bureau, FSA.
2004 Appointed Director-General of the Supervisory Bureau, FSA.
2007 Appointed to current position of Commissioner, FSA.

Academic qualifications:
Master of Philosophy in Economics (The University of Oxford)
Doctor of Philosophy in Economics (Nagoya University)

koji sawada
Koji Sawada

Senior Researcher
Research & Analysis Department
The Association for Real Estate Securitization (ARES)




Koji Sawada graduated from Hitotsubashi University (BA in Commerce) and completed a Master course at Graduate School of International Corporate Strategy (ICS), Hitotsubashi University (MBA in Finance).

He joined ARES in 2003 and has been engaged in researching and analyzing activities such as researching on the Japanese real-estate securitization market, editing of Real-Estate Securitization Handbook, and developing the ARES J-REIT Property Index by using disclosed data of their own properties.

He is an ARES Certified Master (ACM) and a Chartered Member of The Security Analysts Association of Japan (CMA).

He has issued papers such as "Event Study on J-REITs' return", Kazuhiko Ohashi and Koji Sawada, 2003, the 35th research report of Policy Research Institute for Land, Infrastructure, Transport and Tourism (PRILIT); "Price Discovery in the Japanese REIT market", Koji Sawada, 2006, ARES Journal 1st edition.

He has translated jointly some English books into Japanese such as "Investors and Markets: Portfolio Choices, Asset Prices, and Investment Advice", William F. Sharpe, Princeton Lectures in Finance, 2006.

seki yuta
Yuta Seki

Senior Analyst, Chief Representative
Nomura Institute of Capital Markets Research, New York Representative Office



Yuta Seki is the Chief Representative of the New York Office of Nomura Institute of Capital Markets Research (NICMR). Mr. Seki joined the former Nomura Research Institute (NRI) in April, 1990. NICMR became independent from NRI in April, 2004. NICMR is an independent research organization focused on financial policies and systems and is an affiliate of Nomura Securities Co. Ltd. of Tokyo. Mr. Seki has published a number of research papers focusing on financial services and systems as well as securitization and alternative investments.

Mr. Seki was promoted to Senior Analyst in July 2001 at NRI and was assigned to the Chief Representative post in New York in April 2004 when NICMR was established. Mr. Seki graduated with a B.A. in Law from Keio University in Tokyo and received an M.B.A. in finance and real estate from Marshall School of Business at University of Southern California. Mr. Seki is a Chartered Member of Security Analysts in Japan and was a lecturer at the Round Table on Capital Market Reform in Asia held by OECD and Asian Development Bank Institute (April, 1999). He has lectured the Corporate Finance and Investment Banking at Kwansei Gakuin University in Japan (April-September, 2003).

masao shibuya
Masao Shibuya

Corporate Adviser, The Sumitomo Trust and Banking Co., Ltd.
Chairman, Sumishin Realty Co., Ltd.
Chairman, STB Research Institute Co., Ltd.





Masao Shibuya joined The Sumitomo Trust and Banking Co., Ltd. in April 1972 after graduating from Tokyo Metropolitan University, School of Economics. His prior roles at the corporation included General Manager of Shizuoka Branch, General Manager of Real Estate Dept. and Real Estate Investment Advisory Service Dept., Executive Officer, Managing Executive Officer and Real Estate Group President, Director, and Senior Executive Officer. He has been serving as Corporate Adviser since June 2008.

slipenchuk
Mikhail V. Slipenchuk

Director General
The METROPOL Group of Companies






Education
M.Slipenchuk graduated from Moscow State University, Geographic faculty. He also did a post-graduate course in Moscow State University Inter-industry Institute of Career Development – division of Plekhanov Russian Economic Academy, qualification in Finance and Economics. PhD in Geographic Studies.

Experience
In March, 1995 M.Slipenchuk founded Investment and Financial Company METROPOL and since then has served as its Director General. M.Slipenchuk is a member of the Executive Committee of the Moscow International Business Assosiation (MIBA). For several years he served as a member of the Board of Directors of Rostelekom. M.Slipenchuk is the President of the Kekusin-kan Karate-do federation of Russia and the Martial Arts Development Foundation.

Shuji Tomikawa
Shuji Tomikawa

General Manager of Solution Services Department,
Real Estate Solution Services Division,
Mitsui Fudosan Co., Ltd.




Mr. Tomikawa is General Manager of Solution Services Department, Real Estate Solution Services Department. Previously he was Managing Director in charge of Mitsui Fudosan Investment Advisors, Inc. (MFIA). He is one of the founding members of MFIA established in October of 1997. He is responsible for MFIA's real estate investment advisory services with institutional investors, particularly from overseas.

Prior to joining MFIA, Mr. Tomikawa was Associate Manager of New Business Promotion Team in New Business and Information Promotion Department at Mitsui Fudosan Company, MFIA's parent.

Between 1989 and 1995 Mr. Tomikawa was Vice President at Mitsui Fudosan's New York subsidiary, Mitsui Fudosan (New York), Inc. Mr. Tomikawa oversaw the asset management of Mitsui Fudosan's East Coast portfolio including 1251 Avenue of the Americas and 461 Fifth Avenue buildings.

From 1985 to 1986 Mr. Tomikawa was Project Manager for the development of Mitsui Fudosan's 100-room hotel in Katmandu, Nepal, Hotel Himalayas Katmandu. Mr. Tomikawa started his career at Mitsui Fudosan's Condominium Development Department in 1983.

Mr. Tomikawa was an adjunct lecturer at Keio University between 1998 and 2007 and he has been a member of the Real Estate Finance Advisory Group at Department of Land Economy, University of Cambridge since 2006.

He received B.A. in Economics in 1983 from Keio University and an M.B.A. in 1988 from Harvard Business School.

Peter Verwer
Peter Verwer

Chief Executive
Property Council of Australia (PCA)






Peter Verwer is Chief Executive of the Property Council Australia, which is the nation's leading advocate for the $600 billion investment property industry.

As well as pursuing its core business of advocacy and public affairs, the Property Council operates learning, research, publishing and networking businesses. Peter's current political priorities are tax modernisation, sustainability and regulatory reform.

Peter is a member of many public and private sector bodies, including the:
  • Construction Forecasting Council (Chair);
  • Mass Gatherings Infrastructure Assurance Advisory Group (Chair);
  • Green Building Council Assurance Committee (Chair);
  • Australian Construction Industry Forum;
  • Business Coalition for Tax Reform;
  • Critical Infrastructure Advisory Council;
  • Green Building Council of Australia; and,
  • MIPIM - Asia Pacific Advisory Committee.

Peter retired as chair of the Development Assessment Forum in 2005 and is helping establish a global real estate policy alliance.

The Property Council employs 95 people around the country and generates annual revenues of $25 million.

Steven A. Wechsler
Steven A. Wechsler

President and Chief Executive Officer
NAREIT






Steven A. Wechsler is president and chief executive officer of NAREIT (the National Association of Real Estate Investment Trusts), the worldwide representative voice for REITs and publicly traded real estate companies with an interest in U.S. real estate and capital markets. He directs all NAREIT programs and services. In this capacity, Mr. Wechsler is a leading advocate of the REIT approach to real estate investment. NAREIT's members are REITs and other businesses throughout the world that own, operate and finance income-producing real estate, as well as those firms and individuals who advise, study and service those businesses. Previously, Mr. Wechsler was president and chief executive of the National Realty Committee, now known as The Real Estate Roundtable (RER), which represents the nation's leading real estate owners, advisers, builders, investors, lenders and managers on national policy matters. Prior to joining RER, Mr. Wechsler practiced real estate law and, earlier, served as counsel to a Washington, D.C., consulting firm.

Noboru Yamaguchi
Noboru Yamaguchi

Senior Executive Advisor,
Fiduciary Service Research Center
NOMURA SECURITIES Co., Ltd





Mr. Yamaguchi worked for Japan Travel Bureau Inc (JTB) for 39 years after graduating from Tokyo University of Foreign Studies in 1966. During his tenure at JTB, Mr. Yamaguchi was assigned in London and New York offices for more than 11years, and he served as Executive Managing Director & Chief Investment Officer of JTB Pension Fund for 8 years until his retirement from JTB in 2005. In 2006, he served as Senior Advisor at Merrill Lynch Investment Managers Co., Ltd Japan. In January 2007, he joined Nomura Securities Co., Ltd. as Senior Executive Advisor. He has been Councilor of PFA and Advisor of Corporate Pension Council of Japan since 2005. He is a member of International Advisory Board of the Center on Japanese Economy and Business, Columbia University.

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*This Forum is for invited participants from ARES and ARES Members.