This is more than a market cycle. This is the latest property market revolution!
All major segments of the global property market are in swift rearrangement, requiring similarly swift adaptation from market players. Sustainability, energy awareness, efficiency, healthy workplace environment, modern-day cold war affecting the global economy, changing consuming and purchasing habits, the unstoppable spread of digitalisation and technological innovation spearheaded by robotisation and AI, security tasks related to managing and using corporate and personal data, the availability of construction materials, finding blue-collar and white-collar workers, the roles played by governments, legislators and society, the needs of employees and so on and so forth – all these individual factors can have serious effects on future property developments, investments and financing. Can we see the future? Can we prepare for it? It does not matter. The task is given: we must see and must prepare!
08:25 - 08:30
08:25 - 08:30
08:30 - 08:50
New situation in Budapest
Speaker: Balázs Fürjes, Budapestért és a fővárosi agglomeráció fejlesztéséért felelős államtitkár, Miniszterelnökség
08:50 - 09:10
09:10 - 09:55
Revolution in the property market - Focusing on climate change
Moderator: Zsombor Barta MRICS, Greenbors Consulting Kft. alapító partner, HuGBC (Magyar Környezettudatos Építés Egyesülete), elnök
Conversation participants:
09:55 - 10:40
Before and after the peak - The future of the domestic property market
Moderator: Dr. Szilárd Kui, Local Partner, DLA Piper
Conversation participants:
10:40 - 11:00
Coffee break
In a regulated market constrained by laws, it is essential that all levels of operation are legally sound. The legal workshop will offer professionals an opportunity to discuss in detail the most pressing issues of the domestic real estate market, from construction and management through investment and financing to domestic and EU regulations.
In the alternative investments workshop, we will discuss the risks, sales challenges and future prospects of alternative investments, which appear to take off very slowly at the institutional level. No track record, no deal!?
09:20 - 10:10
Backstage secrets of the real estate lawyers
Moderator: Tamás Pásztor, Head of Legal and Operation, CPI Hungary
Conversation participants:
10:10 - 10:50
Attractive yields, lukewarm interest - Will there be a breakthrough in alternative instruments?
Moderator: Dr. Dániel Ódor MRICS, Partner, Taylor Wessing
Conversation participants:
10:50 - 11:30
Lunch break
Future Budapest workshop – Liveability and city development
Future property development projects will be carried out in the cities of the future. The Budapest of the future already exists in plans, but these will be shaped further by politicians, urban planners, architects, property developers, infrastructure experts and the inhabitants of the city itself. The stakes are high. The city of the future is not just smart, it is first and foremost liveable. And we need to act together now for the liveable city of the future.
09:50 - 10:50
Planning is no longer enough - Tangible measures are required
Moderator: Benedek Timár, Urban Development Expert
Conversation participants:
10:50 - 11:10
Coffee break
Office market. New cards dealt
Developing offices is no longer about how to place the number of people required by the customer in a cost*efficient manner. It takes new professions and new skills to create successful developments, re-positioning, lease or other deals, and facility management structures. The way work is being done is changing in many places as "green", digital, active or group work solutions and arrangements emerge. Instead of further increasing HR spending, many employers choose to invest in the work environment. Meanwhile, developers, investors and financers should monitor the future needs of end-users as a successful product is one that can remain attractive to employees and can deliver efficient and tangible development to businesses. The focus will be on trends and developments.
Regional outlook
The power and the success of the domestic real estate sector both rely on being open and accepting to importable foreign knowledge, capital, modern solutions and approaches, whether in new developments, operations or investments, but it is also important to raise successful local businesses that can stand their ground anywhere in the world. This process is already underway, and an increasing number of Hungarian professionals and businesses contribute to the development of the market day by day in this "global village". How do they see the market cycle and the challenges we face? How do they prepare for the all-transforming changes in sub-markets?
11:00 - 11:20
Outlook of the commercial real estate market as seen by the MNB
Speaker: Gergely Fábián, ügyvezető igazgató, Magyar Nemzeti Bank
11:20 - 12:05
Office market - New cards dealt
Moderator: András Kovács, Sales Director, Indotek Group
Conversation participants:
12:05 - 12:55
CEE's market outlook is good. But what are the dangers?
Moderator: Jean-Bernard Wurm, Co-Founder & Managing Director, Secure Legal Title, London
Conversation participants:
12:55 - 14:00
Lunch break
Macroeconomic workshop – Do we need to get ready for the crisis?
The property market is a part of the whole. This whole is the economy. The question is, what will domestic and global economic processes bring and how will they help or hinder the growth of the property market, from central bank monetary policies through unique financing solutions to global rearrangements due to climate change and new technologies. This is a workshop. A big playground where, just as last year, we will openly discuss whether the sky is the limit.
11:30 - 11:55
Macroeconomic outlook - Openly about the gas and brake pedals
Conversation participants:
11:55 - 12:10
12:10 - 12:40
Forint-based property market - Insanity or inevitable decision?
Conversation participants:
12:40 - 13:30
Lunch break
FM + PM
HR and Proptech at the standing stars of the property market
Property management, operation, facility management, tenant management, fund management, asset management – the point is that the responsibility of businesses handling the long-term management of assets in a cost-efficient, energy efficient, professional manner that also serves changing tenant requirements is increasing. It is essential to integrate technological innovations, HR problems should be solved urgently, quality service is increasingly an expectation, while there is continuous pressure on prices. However, the sector is ever bigger and is for ever!
11:05 - 11:20
Challenges in Budapest’s energy supply – Chances for avoiding a climate disaster
Speaker: Dr. György Mitnyan, CEO, Főtáv
11:20 - 12:10
The fixed stars of the property market - The future of FM
Moderator: József Schmidt, Chairman, LEO
Conversation participants:
12:10 - 13:00
Racing against changing demands - Challenges in FM
Moderator: István Rézsó, Head of Business Development, Cushman & Wakefield
Conversation participants:
13:00 - 13:30
Lunch break
The latest Proptech solutions and innovations from the property market, from architecture and construction through energy efficiency to improving the work environment and work flow, supporting sales, improving efficiency or just providing convenience.
11:00 - 11:10
A new variable in operation
Speakers:
11:10 - 11:20
Futuristic (v. high-tech) business displays in service of the property market
Speaker: Mihály Klemencz, Regional Sales Manager - Business Solutions, LG Electronics Magyar Kft.
11:20 - 11:30
Accessibility? A business advantage and a moral value!
Speaker: Balázs Berecz, Founder, CEO, Access4You International Kft.
11:30 - 11:40
Environmental awareness and Industry 4.0 How can parking develop further?
Speaker: András Dubitz, Founder, CEO, Sparking powered by Rollet
11:40 - 11:50
Cooperation actions for innovation and sustainability – good practices of the building and construction sector
Speaker: Adrienn Buday-Malik, innovációért felelős vezérigazgató-helyettes, ÉMI Nonprofit Kft.
11:50 - 12:00
BottleFree Zone: Make the world a better place drop by drop – with Magnesium Mineralized BWT water
Speaker: Dániel Lugosi, HoReCa sales representative, BWT Hungária Kft.
Compete or go under
Changing resources and changing dynamics will characterise the Hungarian construction industry after 2020. As a result, market players will have to come up with an answer when deciding about the use of technological developments. Constructors and investors from Moscow to New York are switching to cost-efficient digital solutions, while in Hungary the use of BIM (Building Information Modelling) solutions remains a rarity. Moreover, construction costs have risen sky-high, while labour shortage is increasingly putting a damper on project outlooks.
There is a solution! It is possible to switch to digital design, construction and operation processes during a single project. But what does the digitalisation of the Hungarian construction industry require? The panel discussion will answer these questions.
11:10 - 11:30
11:30 - 11:50
Why is engineer training at the University of Navarra built on BIM?
Speaker: Bruno Sanchez Saiz-Ezquerra PhD, Professor of Project Management and Building Information Modelling, Universidad de Navarra
11:50 - 12:40
A breakthrough is required
Conversation participants:
12:40 - 14:00
Lunch break
Let's say it out loud!
Talking openly about market trends and processes and about global and local political and economic issues that have a tangible impact on the biggest players in the domestic property market. Developers, investors, operators, employers and tenants alike must respond again and again to the ever-accelerating changes, demands and structural transformations. We will look for the most severe challenges and the possible reactions together.
14:00 - 14:45
Futó & Jellinek - What are they up to?
Conversation participants:
14:45 - 15:10
Coffee break
There's no stopping, but how long can the industry continue to grow? Many are already talking about over-tourism, even though we are a far cry from truly popular tourist destinations. Should the market be shifted towards less visitors of higher quality? Where are we now? What are the prospects as thousands of new hotel rooms are being built?
13:30 - 13:45
Trends and outlooks in the hotel market - Luxury boom in Budapest
Speaker: Bálint Erdei, CEO, RedWood Real Estate Holding
13:45 - 14:40
What makes the hotel market so attractive at present?
Moderator: Richárd Németh MRICS, Partner, BDO
Conversation participants:
14:40 - 15:20
Coffee break
Shopping? Come on! People increasingly buy things online, while malls and stores are becoming experience centres and showrooms. The transformation of physical retail and service spaces and the effect of e-commerce merging with logistics are irreversible both for the retail and freight shipping sectors. The rise of omnichannel and digitalisation does not leave the mall market unaffected, while robotisation is irreversibly changing the logistics industry.
13:30 - 14:20
Retail transformation - Futuristic or down-to-earth future for malls
Moderator: Gyula Gyalay-Korpos, Chairman, Magyar Bevásárlóközpontok Szövetsége
Conversation participants:
14:20 - 15:10
E-commerce and logistics
Moderator: Gábor Halász-Csatári, Partner, Head of Industrial Leasing, Cushman & Wakefield
Conversation participants:
15:10 - 15:20
Coffee break
To dream. To build. To sell? - To sell not just to tenants or buyers but also to employees, customers and end-users. Marketing is no longer sufficient. Saying "we are the best and nicest" is not enough today. You have to build a brand, a community, an experience, an identity, an engagement, in a world where everything is about social media, digitalisation, ratings and experiences for future generations.
14:00 - 14:15
Life and Quality: experience design in the office of the future
Speaker: Tibor Remete, Strategy and Creative Director, Super Channel Kft.
14:15 - 15:00
Offices are not just spaces but also brands now
Moderator: Bea Déri, Director of PR, Marketing & Design, CPI Property Group
Conversation participants:
15:00 - 15:30
Coffee break
Investment and financing
While domestic funds grew fast last year. this year is a different story. Meanwhile, the investment market has remained stable, and foreign investors have not been driven off by yields between 5% and 5.7%. The instruments for financing are also stable and have even been expanded by the central bank. There will always be risks, but everyone is trying to minimise these. It remains to be seen where the domestic investment and financing sector moves from here, what instruments investors will find exciting, and whether financers will take extra risks to expand their market or everyone will turtle up and play the waiting game, fearing the end of the cycle and a global wobble. The show must go on! There are always good investment, they just have to be found.
15:10 - 15:25
The first experiences regarding NKP
Speaker: Dr. Gábor Erdős, Partner, Head of Deloitte Legal, Deloitte Legal Erdős és Társai Ügyvédi Iroda
15:25 - 16:20
Financing strategies - Which pedal to push?
Moderator: Dr. Gábor Erdős, Partner, Head of Deloitte Legal, Deloitte Legal Erdős és Társai Ügyvédi Iroda
Conversation participants:
16:20 - 17:05
Record prices, downcast outlook - Which way will the investor market turn?
Moderator: Péter Takács, Partner, VLK Cresa
Conversation participants:
15:30 - 16:30
Proptech Q&A
Dream it. Build it. Sell it? – Sell it not just to tenants or customers but also to employees, shoppers and end-users. Marketing is no longer sufficient. It is no longer enough to say you're the best and brightest. You have to build a brand, a community, an experience, an identity, an engagement, even a kind of pride in a world where everything will be about social media, digitalisation, ratings and experiences for future generations.
Let's pick the best candidate for the "Concept of the Year" award together. – For several years now, the professional programme has been concluded by the best candidates presenting their new development plans and concepts. This year will not be different. Be there and help your favourite win with your vote.
15:20 - 16:10
Office market - Fighting for tenants
Moderator: Balázs Simonyi MRICS, közgazdász, ingatlanpiaci szakértő.
Conversation participants:
16:10 - 16:20
Atenor presents a project started in one of the most popular locations in Buda
Speaker: Nikolett Püschl, Development & Leasing Manager, Atenor Hungary
16:20 - 16:30
Tech heaven on the Hungária ring: Gizella Loft
Speaker: Anita Hancz, értékesítési igazgató, irodák, Wing Zrt.
16:30 - 16:40
Hotels done differently – a brand new concept is being developed downtown
Speaker: Bálint Erdei, CEO, RedWood Real Estate Holding
16:40 - 16:50
Project Presentation
Speaker: Tímea Aladics-Szili, Group Marketing And Communications Director, Futureal Group
16:50 - 17:00
"Financing? We'll take care of it. Market demand? Enormous. Constructor? We have one. Although they are not cheap and will not be available for three years." Is the situation still this dire? Or has the pressure on the construction industry eased? Is there a point in developing or expanding capacity, or is everything fine as it is? After the 5% VAT on homes is phased out in January 2020, we'll be back to where we were before. Or will we? We could even see a new twist in the tale on the very day of the conference. Will the market of newly built homes collapse, or will demand stabilise at prices considered unthinkable just a short time ago? Will there be an institutionalised rental home market in the future, or will the home market remain the Mecca of small investors? Market expectations, risks and expected effects.
15:20 - 15:35
Energy efficiency in large structures
Speaker: Jan Babiak, Project Manager Project Engineering, Uponor
15:35 - 16:20
Construction capacities in the future
Moderator: Gábor Kiss, Managing Director, Metrodom Kivitelező Kft., IFK, Vice-chairman
Conversation participants:
16:20 - 17:05
Will the market for newly built homes collapse? The 5% VAT rate is out. What now?
Moderator: Zoltán Sápi, elemző, Eltinga
Conversation participants:
17:30 - 17:40
Welcome speech
17:40 - 18:30
Portfolio Property Awards ceremony
Presenting the awards assigned by a jury of nine renowned professionals, as well as the audience award.
18:30 - 22:30
Reception – Dinner – Live music
The evening will be hosted by Nóra Ördög
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Partner
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Super Gold Sponsor
President/Gold Sponsor
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GIN bar of the reception is sponsored by
Provides seamless parking for our guests
Coffee Lounge Red sponsor
Coffee Lounge Blue sponsor
Gold Sponsor
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Silver Sponsor
Bronze Sponsor
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