Activity in the Spanish real estate market over the last few months has shone an increasingly bright light on the opportunities for international private equity players searching for yield, with deals involving Apollo and Santander, Kennedy Wilson-Värde Partners and Popular, TPG Capital and Caixa, HIG Capital and Sareb, Intu and CPPIB, Cerberus and Bankia and a host of others. Investor appetite –Blackstone, Centerbridge, Fortress, Goldman Sachs, KKR, Lone Star, Northwood, Pimco, Soros, Starwood, WL Ross, etc. are also actively seeking and/ or executing deals – is undoubtedly ramping up, as is the industry’s penchant for innovation, as evidenced in recent moves to transpose successful single-family rental home strategies from the United States to the Spanish market.
Information Management Network and Planner Exhibitions present the inaugural Private Equity Fund Forum on Spanish Real Estate taking place this May 28-29 in Madrid. The Forum brings together local financial institutions, developers, workout and restructuring specialists, legal experts, regional and national government authorities as well as leading international investments funds to analyze all of the opportunities presented by Spain’s nascent real estate recovery, while frankly assessing the challenges that lay ahead for a full-blown recovery to take shape. As ever, there will also be plenty of networking events, al- lowing participants from both sides of deal teams to make connections and develop relationships.
The event will take place inthe South Convention Center of Feria de Madrid (Recinto Ferial Juan Carlos I, Madrid, Spain). For the most up-to-date list of speakers please visit http://www.imn.org/spain.
The economic overview: Why is the Spanish Economy Attractive to Foreign Real Estate Investors?; Becoming Familiar With Government Incentives Designed to Facilitate Investment in the Spanish Real Estate Sector; Understanding the SAREB Asset Mix and Deal Making Process; Opportunities on the Open Market by Asset Class, Sector, and Geography; Examining the Lender Landscape: Interest Rates, Risk Factors, and Major Credit Providers… are some of the topics to be discussed. For the most up-to-date agenda please visit http://www.imn.org/spain or the attached document.
To register, use the following phones: + 1 212 224 3428 (US) or + 44 (0) 207 779 8999 2 (UK); or hotline@imn.org 3.
Por Funds Society, Madrid