Capital Markets Forum
Tue 28 May
2:00 PM — 5:00 PM (GMT+09:00) Osaka, Sapporo, Tokyo
Tokyo Midtown Conference, Midtown Tower 4F, Room 9
ULI APAC Capital Markets Forum is the marquee event for the ULI investors and capital markets professionals' community.
In this three-hour forum, we will review the forecast for key indicators, hear from leading investors on their investment prospects and challenges versus opportunities, learn about the continuous rise of credit investments, and dive into discussions on the hottest asset classes in Japan and whether the office is still necessary.
2.00pm Introduction and welcome
Welcome remarks and setting the scene.
Ryuta Takeuchi, Head of Capital Markets, Japan, JLL
2.05pm Market Overview
Where are the real estate markets headed in APAC? Are we out of the woods when it comes to fundraising? Where are the global inflows and outflows, and what are the trends we are able to establish? To answer those and many other questions, JLL will be providing a comprehensive state of the market overview.
Pamela Ambler, Head of Investor Intelligence & Strategy Capital Markets, Asia Pacific, JLL
2.20pm Institutional Investors' View of the World - LP Panel
On this flagship panel, LPs based in Japan as well as international LPs investing across APAC will discuss the Forecast's results, as well as their outlook toward the capital markets and investment environment. What are they investing in or avoiding as an asset class? Where are the opportunities in APAC and how do returns compare on a global basis? And how are those investors implementing ESG requirements across their portfolios?
Moderator
Joyce Lo, Director, Private Capital Advisory Group, Lazard
3.00pm Networking refreshments
3.20pm Deep Dive
Deep dive on cutting edge sustainability in mixed use project design and operations featuring a project in Kita Osaka - Green Garden?
Yuichi Kanbayashi, General Manager of Grand Green Osaka Office, Mitsubishi Estate
3.40pm Fireside chat - Japan investment strategies
What is next for Japan's real estate markets? What are the most attractive opportunities that investors are seeing at the moment, and how do they capture those opportunities?
Moderator
Jon Tanaka, Senior Managing Director and Country Head, Japan, Hines
4.20pm Credit Panel
Whilst the sharp rise in interest rates since 2022 has been negative for real estate equity strategies, it is favourable for real estate debt strategies. Higher base rates and wider credit spreads combined with more caution among commercial banks, have contributed to an attractive environment for private credit strategies. Today private real estate credit is playing an increasingly important role in institutional portfolios, due to its income profile and loss protection characteristics. However, will credit funds continue to enjoy their popularity in the near future? And what are the preferred debt strategies and which markets in APAC are currently offering better opportunities?
Panelists
Paul Brindley, Head of Debt Advisory, Capital Markets, Asia Pacific, JLL
Arjun Pandit, Managing Director, Funds Management, CapitaLand Investment
Bryan Southergill, Partner, Head of Real Estate, ARES
Benett Theseira, Managing Director and Head of Asia Pacific, PGIM Real Estate
5.05pm Closing and summary
Key takeaways and Forum adjourns
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Programme is correct at time of publication and subject to change without prior notice.
Speakers
Moderator
Moderator
Director, Private Capital Advisory Group, and Asia Pacific Real Estate Specialist Lazard Asia Limited
Joyce Lo joined Lazard in 2019 as a Director in the Private Capital Advisory Group. She is PCA's Real Assets Specialist in the Asia-Pacific region. Joyce began her career in financial services in 1999, and since 2005 has focused on real estate private equity, taking on various roles including capital raising, investor relations and product development, in addition to direct real estate investments and asset…
Moderator
Host Committee
Moderator
Host Committee
Senior Managing Director and Country Head, Japan Hines
Mr. Tanaka is Senior Managing Director and Country Head overseeing new business initiatives throughout Japan. He brings more than 25 years of Japan real estate development and investment experience to the firm. Before joining Hines, he was Managing Director, Head of Japan Real Estate and member of the investment committee for Angelo Gordon’s pan-Asia real estate investment team. Previously, he was Managing Director at RREEF…
Panelist
Panelist
Head of Debt Advisory, Asia Pacific JLL
As Head of Debt Advisory in Asia Pacific, Paul leads a team of debt-focused professionals to identify opportunities and structure creative solutions on behalf of clients. This includes advising sponsors on a range of financing solutions (including senior debt, mezzanine debt, preferred and joint venture equity), placing transactions with the appropriate investors, while further establishing relationships within the bank and non-bank community. Paul has been with…
Panelist
Panelist
Managing Director, Funds Management CapitaLand Investment
Arjun Pandit is responsible for managing all aspects of the real estate private debt funds business. Arjun is one of the most experienced commercial real estate professional in Asia Pacific with a consistent track record over 20 years in establishing, running and managing businesses related to commercial mortgage and asset backed lending, hard assets investing, real estate operating platforms and distressed debt investment platforms across…
Panelist
Panelist
Partner, Head of Real Estate Ares Management
Mr. Southergill is a Partner and Head of Real Estate in Ares Asia. Prior to joining Ares in 2022, Mr. Southergill was a Managing Director on the Real Estate team at KKR, Hong Kong, where he led Asia real estate acquisitions and was responsible for advancing the firm's Asia real estate investment strategy. Additionally, he served on KKR's Asia Real Estate Investment Committee, Asia Real…
Panelist
Panelist
Managing Director, Head of Asia Pacific PGIM Real Estate
Benett Theseira is a Managing Director and Head of Asia Pacific at PGIM Real Estate. Based in Singapore, Benett is responsible for the development and oversight of PGIM Real Estate’s businesses in Asia Pacific. Benett is a member of the Global Management Council, the Global Investment Committee and the Asia Pacific Investment Committee. Before joining PGIM Real Estate, Benett was the President of MEAG Pacific…
Speaker
Speaker
Head of Investor Intelligence & Strategy, APAC Capital Markets JLL
Pamela heads up the newly created Investor Intelligence program, partnering closely with JLL’s regional Capital Markets and Research teams, advising and interacting with its existing and future client base. Core to her role is the delivery of JLL Capital Markets data and intelligence, geographic and sectoral research, and articulation of the firm’s broader investment advisory strategy. She coordinates JLL’s market-leading capital analysis and research products,…
Speaker
Speaker
General Manager, Grand Green Osaka Office, Kansai Branch and Secretary General, Umekita MMO Mitsubishi Estate Co., Ltd.
Yuichi Kanbayashi joined Mitsubishi Estate Co.,LTD. in 2004. He was in charge of Marunouchi's office business, including the large-scale redevelopment of Marunouchi and the operation and management of existing buildings. He also worked in the Corporate Planning Department, where he was involved in many aspects of the business, including the formulation of management strategies and investment criteria, scrutiny of various investment projects, market research, and…
Speaker
Speaker
Head of Capital Markets, Japan JLL
Ryuta Takeuchi is a well-respected real estate expert who has worked in the industry for over 25 years. Ryuta recently joined JLL to lead the Capital Markets business in Japan where he manages a team of 60+ advisors and oversees the growth of our clients' real estate strategies. He is an esteemed industry expert and regularly sought out for his knowledge and expertise, insights on market trends, and…