Stockholm estate bro A4 6pp:Layout 1 - RICS

International investors strategies inthe Swedish real estate marketNew sources for alternative financingand refinancingCurrent transactions on the Swedishmarket – who is buying and who isselling?The advantages and risks ofresidential vs commercial real estateTrends on the commercial rentalmarketUpcoming real estate markets toinvest inwww.realestateforum.seKey note speaker:Matthew Ryall, Head of Indirect Investments, Allianz RealEstate GmbHChairman:Dag Klerfelt, CEO, Invest AB HavstrutenSpeakers:Michael Kröger, Head International Real Estate Finance,Helaba BankBjörn Lindeborg, Managing Director, Newsec AssetManagementBjörn Flink, Audit Partner, Head of KPMG Real Estate SwedenTobias Thunander, Head of Debt Advisory, KPMGLennart Sten, Managing Director, GE Capital Real Estate -Northern EuropePatrik Enblad, CEO Newsec ABErika Åslund, Partner, CederquistMagnus Runnbeck, Vice President Strategy and Research,Invest SwedenDr. Marcus Cieleback, Head of Research, PATRIZIAImmobilien AGDaniel Gorosch, Head of Capital Markets & Leasing, JonesLang LaSalle SwedenOrganiser: Strategic partner: Lead Partner: Partner:Media Partner:Supporter:

Maximize the return on yourreal estate investmentsDear Madam/Sir,Currently Sweden is one of Europe’s best-performing economies with a high GDP growth,a strong labor market, high transparency and efficiency. The Swedish real estate markethas once again regained its momentum. The strong macro economy is replicated in avery attractive property market among both domestic and international investors.Stockholm International Real Estate Forum provide you with a solid overview of markettrends, financing and refinancing options and an update on the major transactions thathave taken place on the Swedish market. You will also get the tools you need todetermine whether to invest in commercial or residential real estate and get an overviewof current rental levels on the Swedish market in order to maximize the return on yourproperty.Attending Stockholm International Real Estate Investment Forum gives you thechance to listen to both Swedish and International experts, interspersed with casepresentations and panel debates. During the interactive round table-discussions you willget the chance to discuss current issues with both experts and your industry peers .Theconference offers a unique opportunity to meet and network with Swedish andinternational colleaguesKind regards,Anna CollinProject ManagerStockholm International Real Estate ForumFYI is a Talentum Events brand. Talentum Events is the leading provider of business management oriented events, seminars and training coursesacross the Nordic region. Our aim is to provide you with views, ideas and competitive advantage for you to be able to develop your business evenfurther. Our events offer the perfect platform for you to meet new business contacts and to learn and debate about the key issues concerning yourbusiness and industry right now – thereby giving you the tools to stay one step ahead of your competition. Talentum Events has offices in Sweden,Finland and Denmark.Book your place today!Web: www.realestateforum.se Phone: 08-796 64 00 Email: bookings@talentumevents.se

SpeakersMichael Kröger, Head International Real Estate Finance,Helaba BankA qualified lawyer, Michael Kröger has more than twentyyears experience in commercial real estate financing. Atprofessional posts in Munich, Paris, Berlin and Frankfurt hewas responsible for origination, credit management andbusiness development in various European markets. Nowbased in Frankfurt, Kröger is heading Helaba’s International Real EstateFinancing. Since the implementation of the Northern and Central Europe unit in2006, his team has originated senior debt in an amount exceeding EUR 2.5bn.Helaba currently manages a loan book in commercial real estate totaling appr.EUR 37 bn. The bank’s strategy remained unchanged and is consistently directedtoward the target markets and the defined business areas.Björn Lindeborg, Managing Director, Newsec AssetManagementBjörn has 25 years of workin experience from the real estateindustry. He has been working in both development andmanagement of large real estate portfolios. Björn has for thelast 9 years focused on the Swedish real estate market andbeen part of developing the leading asset and propertymanagement company in the Nordic market.Patrik Enblad, CEO, Newsec ABPatrik Enblad is since January 2010 CEO of Newsec AB, TheFull Service Property House, with subsidiaries in Norway,Finland, Lithuania, Estonia and Latvia. He is also partner ofthe Stronghold Group. Mr Enblad has worked in the financebusiness for over 20 years and was CEO of HQ AB between2002 – 2007. Mr Enblad is member of the board in ÅF AB,ORC Software AB, Neonet AB and The Royal Swedish Yacht Club. Mr Enblad hasstudied economics at the University of Stockholm.Björn Flink, Audit Partner, Head of KPMG Real EstateSwedenBjörn Flink has more than 20 years of specialisation in realestate. He has extensive experience from leading audit andadvisory assignments for listed and private real estateinvestors in Scandinavia. Current client list includesAberdeen, AMF, AREIM, GE Real Estate, Kungsleden, MEAG,RREEF and Union Investment. Prior client experience includes working withmajor Scandinavian real estate and construction companies such as Diligentia,Vasakronan, NCC and Svenska Bostäder. Björn Flink is a Director on the Board ofDirectors for KPMG Sweden.Tobias Thunander, Head of Debt Advisory, KPMGTobias Thunander has more than 10 years bankingexperience from various banks in Sweden. Tobias startedwith Nordea Finance where he worked in financialengineering focused on cross border big ticket leasing. Afterthat he has been part of starting the Swedish branches ofNORD/LB and Fortis Bank. Prior to joining KPMG, Tobias wasactive in the origination and execution of a full range of debt capital markets’products including syndicated loans and associated interest rate and currencyhedging products. Tobias has participated in numerous acquisition financetransactions with Swedish target companies. Tobias joined KPMG in August 2009as Head of Debt Advisory.Dag Klerfelt, CEO, Invest AB HavstrutenDag Klerfelt has been active in both Swedish andinternational property sector since early 80s. Currentlyactive in re-structuring in London, as well as in Sweden. Hisperspective has differed during the years with institutional(Skandia) and finance (D.Carnegie/JS.Saba) in the 80s,reconstruction and bank support early 90s, operatingplatform stock noted company (Arcona/Evidentia/Philipson) late 90s. Later bothadvisor and investor in different areas. Chairman Association Real EstateEconomics. well-know lecturer, moderator and debater.Lennart Sten, Managing Director, GE Capital Real Estate -Northern EuropeLennart Sten, born in Gothenburg, Sweden, has a LLM inSwedish Law. Lennart practiced law for 11 years. He joinedGeneral Electric as legal counsel for European EquipmentFinance 1997. In early 1999, Lennart was appointedManaging Director of EEF Nordic. In 2001, he was namedManaging Director for GE Real Estate Nordic Region. In January 2004 Lennart leftGE to become CEO of the quoted Real Estate Company Fabege. After the takeover of Fabege, Lennart rejoined GE in his former position. In 2008 Lennart alsobecame responsible for the GE Real Estate businesses in United Kingdom, CentralEurope and Germany. Additionally he is a Fellow of the RICS (FRICS).Erika Åslund, Partner, CederquistErika Åslund is the responsible partner in Cederquist’sdepartment for commercial real estate law. Erika Åslund has along experience in real estate law and real estate transactions.She has been involved in some of the largest real estatetransactions that have taken place in Sweden during the lastfew years. Erika has worked for the law firm Cederquist for 20years. Cederquist with Erika as the responsible partner advised the Swedishgovernment during the sale of Vasakronan.Magnus Runnbeck, Head of Strategy and Research, InvestSwedenMagnus Runnbeck holds a master’s degree in Economics andLaw. He spent his early career as a researcher at the NationalBoard of Trade. Later on Magnus worked as Trade Policy Adviserat the Ministry for Foreign Affairs and as a consultant at PWC.Dr. Marcus Cieleback, Head of Research, PATRIZIAImmobilien AGSince October 2008 Dr. Marcus Cieleback is heading theResearch department of PATRIZIA Immobilien AG. His focusincludes the risk-return based analysis and comparison ofEuropean and global real estate markets and the developmentof econometric models for forecasting the commercial andresidential markets to develop individual investment strategies. Within theseanalyses special focus is given to the institutional framework of the markets,especially in the residential sector, as it provides the “rules of the game”. He is afrequent speaker at international PATRIZIA Immobilien AG is a real estate traderand service provider that has been operating on the German real estate market formore than 25 years. PATRIZIA is covering every step of the real estate value chain.PATRIZIA’s integrated business model is based on two columns, the INVESTMENTand the SERVICES segment.Daniel Gorosch, Head of Capital Markets & Leasing, JonesLang LaSalle – SwedenAfter graduating from Stockholm School of Economics in1995, Daniel spent in total six years in different positionswithin the investment banking industry (Alfred Berg, H&Qand Danske Securities) before joining GE Real Estate in 2003.In the beginning of the millennium, Daniel was also cofounderand CFO and Deputy CEO for Tradera. Daniel has been with Jones LangLaSalle since 2008 and leads the Capital Markets and Leasing activities in Sweden.Daniel has more than 15 years of transaction experience and has lead many largereal estate transactions over the years, amongst others the largest single assettransaction ever taken place in Sweden; Vasakronan’s acquisition of Blåmannen 20(Klara Zenit) for SEK 4.35 bn from Commerz Real in December 2010.Please note: You can find the full list of speakers at www.realestateforum.seBook your place today!Web: www.realestateforum.se Phone: 08-796 64 00 Email: bookings@talentumevents.se

Continue to network with your industry colleaguesafter the conference, at the networking dinner.Want to be a partner?We understand that you want to source new customers, develop qualified sales leads,convert leads into new business and of course retain customers and build brandawareness. Stockholm International Real Estate Forum is the perfect platform for you tocommunicate your strategies and engage in one-to-one meetings with your keyprospects from the European real estate industry in order to achieve your goals.The event offers you the opportunity to network, get updated, learn from otherbusinesses, take part of interactive sessions, engage in discussions and debate aboutthe key issues concerning the real estate market at the moment.As a partner at Stockholm International Real Estate Forum, you will have the chance toshowcase your products and create brand awareness to top industry decision makers ata very exclusive event.For more information about our partnership opportunities, please contact:Laurence LeveyEmail: laurence.levey@talentumevents.sePhone: +46 (0)8-796 64 18

Agenda 23 May 201108.15 Conference registration and refreshments08.45 Chairman Dag Klerfelt’s, CEO InvestAB Havstrutenwelcome and opening speech- Global trends for local investment09.05 European real estate markets -lessons learnt and quickly forgotten• What lessons have we learnt and quickly forgottenregarding pricing, risk, liquidity and dept?• Search for value in European real estate• Winners and losers:- Outlook for occupier demandKey note- Supply side constraints- Income versus capital driven markets- Market performance and polarisationMatthew Ryall, Head of Indirect Investments, AllianzReal Estate GmbH09.50 Future trends in the Swedish realestate market• Big transactions in the Swedish market – who isbuying and who is selling• National and local trends and forecasts for 2011• Today's best buys on the Swedish market• Finance and debt trendsDaniel Gorosch, Head of Capital Markets & Leasing,Jones Lang LaSalle Sweden10.30 Networking break11.00 Global economy impact oninvestments• The recovery after the crisis• BRIC country investors and their strive for excellence• Sweden's position in a new economic geographyMagnus Runnbeck, Head of Strategy and Research atInvest Sweden11.40 Trends on the commercial rentalmarket• The added value of green offers• The office and retail rental market• Tenants demand on commercial premisesBjörn Lindeborg, Managing director, Newsec AssetManagement12.20 Lunch13.20 Residential vs. commercial real estate• The advantages and risks of residential vs. commercialreal estate• Upcoming development of the Swedish rental levels• Making a strategic investment decisionDr. Marcus Cieleback, Head of Research, PATRIZIAImmobilien AG14.00 German strategies in the Nordics froman international perspective• Open ended funds and trends in the German market• Competiveness of Nordic markets today• German strategies in Sweden• Outlook for 2011 and beyond– what to be expectedMichael Kröger, Head International Real EstateFinance, Helaba Bank14.45 Networking break15.15 Alternative financing and refinancingoptions• How issues surrounding financing are stopping aneffective market recovery• Financing – ltv-ratios and yield• Financing through corporate bonds in the capitalmarket• European trends in a Nordic contextTobias Thunander, Head of Debt Advisory, KPMG15.55 Round table discussions- What do international investors look for wheninvesting in the Swedish real estate market- Investment strategies for institutional investors- realestate as a part of the portfolio- Strategies to find prime property to invest in- Green strategies in real estate investment – benefitsof going green16.40 How to improve the transparency inthe Swedish market to attractinternational investments in Swedishreal estate?Patrik Enblad, CEO, NewsecBjörn Flink, Audit Partner, Head of KPMG RealEstate SwedenLennart Sten, Managing Director, GE Capital RealPanel debateEstate - Northern EuropeErika Åslund, Partner, Cederquist17.15 Chairman Dag Klerfelt’s closingremarks17.30 Cocktail mingle and dinnerPlease note: Talentum Events reserves the right to alter or modify the advertised speakers and/or topics if necessary.Book your place today!Web: www.realestateforum.se Phone: 08-796 64 00 Email: bookings@talentumevents.se

Prices and booking optionsOptions: Book your place before the 8 April Standard price:ConferenceNetworking dinner6.995 SEK595 SEKConference + Networking Dinner 6.995 SEK 7.590 SEKBook your place today!Web: www.realestateforum.sePhone: 08-796 64 00Email: bookings@talentumevents.sePlease note: Lunch, coffee and electronic documentation is included in the price. All prices are excluding VAT.Venue: Näringslivets Hus, Storgatan 19, Box 5501, 114 85, STOCKHOLMPhone: +46 (0)8-783 83 33Email: konferens@naringslivetshus.seWeb: www.naringslivetshus.seCancellation and Substitution PolicyIf you for any reason will be unable to attend the conference you may at any time inform us in writing and substitute your delegateplace to a colleague. If you would like to cancel your place please do so in writing not less than 14 days prior to the conference andyou will receive a refund less a 15% service charge. Regrettably, no refunds can be made for cancellations received less than 14 daysprior to the conference. Refunds will still be paid if a medical certificate is provided and the written cancellation is received before theconference start. In the case of Talentum Events cancelling an event (conference day, workshop, dinner etc.) you will be refunded thewhole fee.Payment TermsPayment is due on invoice 30 days no later than three working days before the conference date.Information on processing of personal dataYour data are processed by modern information technologies and stored in Talentum Sweden, which owns Talentum Events. It can beshared with other companies in Talentum Sweden. Read more about how we treat your personal details at: www.talentum.se/pul