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The Sixth Annual International Conference on the Real Estate Market in Croatia

Conference Program

The Sixth Annual International Conference on the Real Estate Market in Croatia
Quintessentially RE-optimistic
May 04 & 05, 2010
The Regent Esplanade, Zagreb

CONFERENCE PROGRAM
- SUBJECT TO CHANGE AND SPEAKERS CONFIRMATIONS -
Tuesday, May 04, 2010
8:00 - 9:00 WELCOME AND REGISTRATION OF PARTICIPANTS
EMERALD BALLROOM
9:00 - 10:30 CONFERENCE OPENING

Let's REdiscuss - WHERE ARE WE AND WHERE ARE WE GOING?
"It has never happened that things didn't work out somehow, so things will always work out somehow for us too" Miroslav Krleža, a quote from Balade Petrice Kerempuha

  • Why have we become submerged in such a difficult crisis in real estate development?
  • Have we touched the bottom and have we started moving towards the surface, or is the bottom still ahead of us?
  • How do you see the Croatian property development landscape on 31 December 2010?
  • Forecasts of asymmetric development of individual sectors in the next 4 years - housing construction, shopping centres, business buildings, industry, tourism - who are the favourites and why?
  • Impact of the fall in GDP and purchasing power, and growth of debt and unemployment on property market development
  • What do we have to do concretely to emerge from the crisis?
  • We want to hear good news and arguments, which provide grounds for business confidence and joy in life
  • Are we quintessentially RE-optimistic or...?
Moderator: Marija Noršić, Member of the Management Board
Filipović Business Advisory Ltd.

Prof. Ljubo Jurčić, Ph.D.
Faculty of Economics and Business at University of Zagreb

Borislav Škegro, Ph.D., Partner
Quaestus Private Equity d.o.o.

Marko Škreb, Ph.D., Chief Economist
Privredna banka Zagreb d.d.

PROJECT PRESENTATION INTER IKEA CENTRE CROATIA
Branko Mihajlov

Business Manager Croatia & Slovenia, Team Leader Leasing Zagreb, Company Director Inter IKEA Centre Hrvatska d.o.o. za nekretnine

SPECIAL GUEST
Robert Trent Jones Jr.

Golf Course Architect, Robert Trent Jones II, LLC

TOURISM STRATEGY FOR CROATIA
Philip Mahoney

General Manager, The Regent Esplanade Zagreb
Tourism Committee, American Chamber of Commerce in Croatia

PRESENTATION OF THE GREEN BUILDING COUNCIL OF CROATIA
Mark Gero

President, Green Building Council of Croatia

10:30 - 11:00 COFFEE BREAK
11:00 - 12:00
(1. SET OF LECTURES)
DEVELOPERS OF MAJOR PROJECTS IN CROATIA
LOCOMOTIVES OF PROPERTY DEVELOPMENT THAT NOBODY UNDERSTANDS?
Topics:
  • The kind of business landscape developers need to build their dreams
  • The major obstacles that developers meet
  • Developers' proposals to improve property development
  • How do developers, state administration, banks, buyers and the public relate?
  • Diagnosis of developers' business profiles
  • Is it a disgrace to make a profit as a developer?
Moderator:

Marija Noršić, Member of the Management Board
Filipović Business Advisory Ltd.

Panel Members:

Benjamin Perez Ellischewitz, Associate Director / Regional Capital Markets, Jones Lang LaSalle

Boris Kordić, Director
Hidrocommerce d.o.o.

Branko Mihajlov, Business Manager Croatia & Slovenia
Team Leader Leasing Zagreb, Company Director
Inter IKEA Centre Hrvatska d.o.o. za nekretnine

Siniša Slijepčević, General Manager
GTC Hrvatska

12:00 - 12:30 COFFEE BREAK
12:30 - 13:30
(2. SET OF LECTURES)
HOUSING
EPPUR SI MUOVE? (Istanbul Suite)
Topics:
  • Analysis of the housing market in Croatia
  • Who holds the key to move the slow market? State, banks, developers or somebody else...
  • Long-term and short-term market development
  • What is the real number of unsold flats?
  • Should banks write off the unsold property?
Moderator: Dubravko Ranilović, Partner
Kastel Real Estate, Zagreb, President of Real Estate Association at the Croatian Chamber of Commerce
Speakers:

Patrick Franolić, Managing Director
Spiller Farmer d.o.o.

Dražen Nikolić, President of the Management Board
Raiffeisen Consulting d.o.o.

Josip Tica Ph.D., Department of Macroeconomics and Economic Development, Faculty of Economics & Business at the University of Zagreb

PUBLIC - PRIVATE PARTNERSHIP
ASSESSMENT OF DEVELOPMENTS AND PERSPECTIVES (Paris Suite)
Topics:
  • The work of the Public Private Partnership Agency in the past year, and the Manual of Project Approval Procedures
  • PPP projects in Croatia and their monitoring
  • Overview of projects and perspectives so far
Moderator: Branko Vukmir Ph.D., Advisor
Speakers:

Kamilo Vrana, Temporary Director
Agency for Public-Private Partnership

Saša Marenjak, Ph.D., Director
PPP Centar d.o.o., Zagreb

Vladimir Skendrović, Ph.D., Advisor
World Bank

13:30 - 15:00 LUNCH IN ZINFANDEL'S RESTAURANT
15:00 - 16:00 ARCHITECTURE
ON THE WAVES OF RECESSION (Istanbul Suite)
Topics:
  • What and how to design under the conditions of a recession?
  • EU - foreign architects welcome to Croatia?
  • The heritage of Le Corbusier in the vortex of life
Moderator:

Petra Škevin, Member of the Management Board
Filipović Business Advisory Ltd.

Speakers:

Una Barac, Associate
Scott Brownrigg

Hrvoje Hrabak, President
Croatian Architects' Society

Erik Mohorović, General Manager
Verdispar International d.o.o.

Pero Puljiz, Partner
de Architekten Cie

REGIONAL PROPERTY MARKET
WHAT ARE THE NEIGHBOURS DOING? (Paris Suite)
Topics:
  • Regional property development analysis
  • How does property development in Croatia relate to property development in the neighbouring countries?
  • What can we learn from our neighbours?
  • Are we the best in the region?
Moderators:

Jos Tromp, MRICS, Director - Head of CEE Research & Consulting
CB Richard Ellis

Arn Willems, Partner - Croatia
CB Richard Ellis

Speakers:

Dr. Robert Hermán, MRICS, Acquisitions & Investments
Director, Portico Investments

Krešimir Lipovšćak, Partner
TPA Horwath d.o.o.

Renata Suša, Manager, Investment and Corporate Advisory Services
Colliers International d.o.o.

Yiannis Xanthopoulos, Acquisitions & Investments
Bluehouse Capital

16.00 - 16.30 COFFEE BREAK
16.30 - 17.30
(4. SET OF LECTURES)
LUXURY HOUSING
DOES CROATIA HAVE TOP RESIDENTIAL PROJECTS AT ALL? (Istanbul Suite)
Topics:
  • Characteristics of top residential projects
  • Luxury housing on the Croatian market
  • Experiences from Europe - Slovakia and Austria
  • What does it mean to design and build top-quality apartments?
Moderator: Patrick Franolić, Managing Director
Spiller Farmer d.o.o.
Speakers:

Otto Barić, Director
arhitektura tholos projektiranje d.o.o.

Laurie Farmer, Managing Director Spiller Farmer Slovakia

Ana Živković, Sales Director
Kastel Real Estate, Zagreb

APPLYING THE LAW ON SPATIAL PLANNING
PART ONE
CONDITIO SINE QUA NON OF THE REAL ESTATE DEVELOPMET (Paris Suite)
Topics:
  • Applying the Law on spatial planning and special regulations regarding the process of issuing the location permit with an emphasis on the energy production from renewable sources
  • Design procedures and adopting of spatial plans
  • Problems related to the adoption of spatial plans
  • Golf course urban development plan in 7 months - and that is also possible
Moderators:

Goranka Radović, Head of the Sector, Ministry of Environmental Protection, Physical Planning and Construction, Sector for Developments Significant to the Republic of Croatia

Ana Mrak Taritaš, Head in the Sector for Spatial Planning Ministry of Environmental Protection, Physical Planning and Construction, Sector for Spatial Planning

Speaker:

Jasminka Pilar-Katavić,
Urbanistica d.o.o., Zagreb

17:30 - 18:00 COFFEE BREAK
18:00 - 19:00
(5. SET OF LECTURES)
REAL ESTATE FINANCING
GONE WITH THE WIND? (Istanbul Suite)
Topics:
  • What are the current (non)/(re)finance conditions?
  • Will a loan that has already been approved be repaid?
  • Without new funding no economy has a chance of development
  • The bank and the developer - like Pat Garrett & Billy the Kid
Moderator:

Natalija Vulić, Member of the Management Board
Filipović Business Advisory Ltd.

Speakers:

Alan Herjavec, Head of Project Finance
Societe Generale - Splitska banka d.d.

Marko Lesić, President of the Management Board
Nexus Private Equity Partneri d.o.o.

Sven Müller, Member of the Management Board
Stipić Grupa d.o.o.

Hrvoje Zgombić Ph.D., Partner
Zgombić & Partneri grupa

APPLYING THE LAW ON SPATIAL PLANNING
PART TWO
INTERDEPENDENCE OF REAL ESTATE PROJECT DEVELOPMENT, ENVIRONMENTAL PROTECTION AND SPATIAL PLANNING (Paris Suite)
Topics:
  • The environmental protection system in Croatia
  • The role of environmental impact assessment in preceding procedures for obtaining location permit
  • In larger projects, the Urban Development Plan is a necessity but not sufficient condition for location permit
  • Investors usually do not count on the durability and delicacy of the procedure of environmental impact assessment
  • The process of environmental impact assessment has influence on the degree of the project risk
  • Zagreb exodus on the Sava river - housing, recreation, greenery and parks along Sava
Moderator:

Ninoslav Dusper, M.A., Director
Urban Planning Institute of Croatia Ltd.

Predavači:

Slavko Dakić, M.A.

Goranka Radović, Head of the Sector, Ministry of Environmental Protection, Physical Planning and Construction, Sector for Developments Significant to the Republic of Croatia

Ivana Šarić, Team Leader
Center for Environmental Protection, Urban Planning Institute of Croatia Ltd.

Ana Mrak Taritaš, Head in the Sector for Spatial Planning Ministry of Environmental Protection, Physical Planning and Construction

19:00 - 22:00 GALA RECEPTION IN THE EMERALD BALLROOM
Wednesday, May 05, 2010
08:30 - 09:00 WELCOME AND REGISTRATION OF PARTICIPANTS

Lectures are simultaneously held in two conference rooms:
1) Istanbul Suite
2) Paris Suite

09:00 - 10:00
(1. SET OF LECTURES)
TOURISM
FOUR SEASONS OF CROATIAN TOURISM - DO WE NEED VIVALDI? (Istanbul Suite)
Topics:
  • Why don't huge numbers of wealthy foreign guests stay long-term on the beautiful Croatian coast?
  • "Between the desire and reality" - What does the Croatian tourism landscape look like in the eyes of developers, investors, the HoReCa industry and guests?
  • Given the rate of return on capital - what are the successful Croatian tourist products - if there are any at all?
  • Can Zagreb compete with Prague, Budapest, Vienna...
  • Croatia - a country flooded with golf projects - as many as 3 and a half were built in 20 years!
  • How to increase the value of the tourism facilities - is somebody bothered by that and why?
Moderator: Goran Hanžek, Director
Arte Hotel Management d.o.o.
Speakers:

Ivica Čačić, Director
Hotel Partner d.o.o. Zagreb

Robert Trent Jones Jr., Golf Course Architect,
Robert Trent Jones II, LLC

Maja Kuzmanović, Director of Project Development,
Energoplan d.o.o.

Philip Mahoney, General Manager
The Regent Esplanade Zagreb

Dietmar Reindl, Managing Director
FMTG Development GmbH

GREEN BUILDING IN CROATIA
IS IT THE RIGHT TIME FOR GREEN BUILDING IN CROATIA (Paris Suite)
Topics:
  • Is it the right time to building green in Croatia - economically, legally, socially?
  • Who should look to develop, build, use, rent green building and what are their benefits?
  • Do we already have green buildings in Croatia? What is the standard that makes them "green"?
  • Domestic energy efficiency rating systems - step toward or the ultimate goal of green building?
  • Are there any buildings in Croatia that is or could be certified as "green" according to international standards?
  • What needs to be done to stimulate the RE market to move forward green - legal ground, common knowledge, public awareness, incentives...?
Moderator:

Vedrana Likan, Director Colliers International and Vice President of Green Building Council of Croatia

Speakers:

Irena Dubravec, Head of Department for Rational Energy Use and Energy Efficiency in Direct Consuption, Environmental Protection and Energy Efficiency Fund Republic of Croatia

Hrvoje Hrabak, President
Croatian Architects’ Society

Erin Inglish, LEEDR Expert, Regional Sustainability Advisor
Colliers International Southeast Europe and Chief Advisor to the Board, GBC Croatia

Vlaho Kojaković, Director
TriGranit Development Corporation

Renato Krikšić, President of the Board
HFC group

Damir Ljutić, President
Zagreb Architects' Society

Nada Marđetko Škoro, Head in the Department for Construction,
Ministry of Environmental Protection, Physical Planning and Construction

10:00 - 10:30 COFFEE BREAK
10:30 - 11:30
(2. SET OF LECTURES)
RETAIL SPACE
BANK, INVESTOR, TENANT, CONSUMER - WHAT NEXT? (Istanbul Suite)
Topics:
  • Is Croatia still desirable for the market entry of the new brands?
  • World of retail outside Zagreb
  • How the market situation affects the terms of the lease?
  • Future of shopping centres - what sustainability means?
  • What is happening in the city center - the expected process, preparation for the new era of high-street or just loosing it's appeal?
Moderator:

Nenad Peris, Manager, Retail Department
Colliers International d.o.o.

Speakers:

Markus Geyer, Member of the Management Board
Bipa d.o.o.

Mario Ivančić, Executive Director
Technomarket

Igor Miškulin, Property Manager
Verdispar International d.o.o.

Milan Šećković, Retail Developer focused on developing
High Street locations,DBS Real Estate

Goran Valečić, Real Estate Finance Department
Erste & Steiermärkische Bank d.d.

Ivica Župetić, Assistant Executive Director for International
Development, Mercator-H d.o.o.

INDUSTRIAL ZONES, LOGISTICS PARKS AND WAREHOUSE FACILITIES
ARE WE WAITING FOR DEVELOPMENT OR GODOT (Paris Suite)
Topics:
  • Success story Podi Šibenik
  • Business parks as an instrument to attract investors that will produce goods and service with added value
  • Why has there been no strong industrial development in Croatia
  • Swallows that announce the spring - successful industrial projects
Moderator:

Tomislav Pokaz, Head of Department
Financial and Business Service Department Investor Support Division, Trade and Investment Promotion Agency

Speakers:

Siniša Dadić, Department Head, Logistics Agency
King Sturge d.o.o.

Vjekoslav Kaleb, Director
Podi Šibenik d.o.o.

Zdravka Knežević, Director
PharmaS d.o.o.

Žarko Kovačić, Director
Ilirika Nekretnine d.o.o.

Ana Kralj, Department Head
Department for Investment Promotion, Regional Development Agency Medjimurje - REDEA Ltd.

11:30 - 12:00 COFFEE BREAK
12:00 - 13:00
(3. SET OF LECTURES)
OFFICE SPACE
VIEW FROM ABOVE? (Istanbul Suite)
Topics:
  • Who could lease the potential 300,000 m2 of office premises that might be built in Zagreb in the next few years?
  • Will The EU become the biggest office space lessee in Croatia?
  • Does Zagreb need a spacious, elegant, urban and 'architecturized' business centre - Zagreb City?
  • Who and in what way is maintaining the first and the second generation of office buildings?
  • Lease terms of the first generation of office premises are expiring - if Hamlet were the tenant, he would ask himself: "to stay or not to stay"
  • Why did the office premises lessee turn from a page into a king?
Moderator:

Darijo Drinković, Head of Split Office
King Sturge d.o.o.

Speakers:

Tatjana Božić, Head of Commercial Services
Spiller Farmer d.o.o.

Gregor Frandolič
Metropola d.o.o.

Danijel Marasović
Tehnozone d.o.o.

Miro Medar, Chief Operating Officer
Energon facility management d.o.o.

Arn Willems, partner - Croatia
CB Richard Ellis

CROATIAN REAL ESTATE LAW AND CONSTRUCTION LAW
MODERN EUROPEAN MOVE (Paris Suite)
Topics:
  • FIDIC contracts
  • Projects of sale of commercial centres
Moderator:

Prof. Tomislav Borić, Ph.D.
Faculty of Law, Graz

Speakers:

Melita Veršić-Marušić, LL.M., Attorney at Law
Versic Law Office

Branko Vukmir, Ph.D., Advisor

13:00 - 14:00 LUNCH IN ZINFANDEL'S RESTAURANT

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Filipović Business Advisory Ltd.

Filipović Business Advisory Ltd. Trg bana Josipa Jelačića 3/V, 10000 Zagreb, Croatia

Tel: +385 (0)1 481 6969, Fax: +385 (0)1 483 8060, e-mail: office@filipovic-advisory.com

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