5th annual real estate investments conference · alessandro barzaghi cocuzza & associati, milan...

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*As per the Solicitors Regulation Authority of England and Wales. The number of CPD points/hours available may vary for other bar associations and law societies depending on their criteria. 5th Annual Real Estate Investments Conference Trends, opportunities and new frontiers 1–3 May 2013 Four Seasons Hotel, Mexico City, Mexico A conference organised by the IBA Real Estate Section, supported by the IBA Latin American Regional Forum and IBA North American Regional Forum Topics will include: • The real estate market: current trends, key players and opportunities • Projects and infrastructure as they relate to real estate • Cross-border real estate investments and restructuring: hot topic round tables • Hotel real estate market: transactions in mature destinations • Shopping centres: the tenant/landlord relationship – a difficult balance? • Environment and real estate transactions: current and future challenges • How to effectively solve real estate disputes: dispute resolution and real estate Who should attend? Lawyers in private practice, in-house counsels, bankers active in the real estate industry, fund managers, senior managers in real estate companies, accountants, brokers and other service providers to the industry. Keynote speaker Pedro Aspe Former Mexican Secretary of Finance and Public Credit; Co-Chairman, Evercore Partners, Mexico City INTERNATIONAL BAR ASSOCIATION CONFERENCES UP TO 10 CPD HOURS AVAILABLE*

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Page 1: 5th Annual Real Estate Investments Conference · Alessandro barzaghi Cocuzza & Associati, Milan santiago García Moreno Senior Vice-President, O’Connor Capital Partners, Mexico

*As per the Solicitors Regulation Authority of England and Wales. The number of CPD points/hours available may vary for other bar associations and law societies depending on their criteria.

5th Annual Real Estate Investments ConferenceTrends, opportunities and new frontiers

1–3 May 2013 Four Seasons Hotel, Mexico City, Mexico

A conference organised by the IBA Real Estate Section, supported by the IBA Latin American Regional

Forum and IBA North American Regional Forum

Topics will include:

• Therealestatemarket:currenttrends,keyplayersandopportunities

• Projectsandinfrastructureastheyrelatetorealestate

• Cross-borderrealestateinvestmentsandrestructuring:hottopicroundtables

• Hotelrealestatemarket:transactionsinmaturedestinations

• Shoppingcentres:thetenant/landlordrelationship–adifficultbalance?

• Environmentandrealestatetransactions:currentandfuturechallenges

• Howtoeffectivelysolverealestatedisputes:disputeresolutionandrealestate

Who should attend?

Lawyersinprivatepractice,in-housecounsels,bankersactiveintherealestateindustry,fundmanagers,seniormanagers inrealestatecompanies,accountants,brokersandotherserviceproviderstotheindustry.

Keynote speaker

Pedro Aspe Former Mexican Secretary of Finance and Public Credit; Co-Chairman, Evercore Partners, Mexico City

I n t E R n A t I o n A l b A R A s s o C I A t I o n C o n f E R E n C E s

UP TO 10 CPD HOURS

AVAILABLE*

Page 2: 5th Annual Real Estate Investments Conference · Alessandro barzaghi Cocuzza & Associati, Milan santiago García Moreno Senior Vice-President, O’Connor Capital Partners, Mexico

Programme

Wednesday 1 May

Conference Chairluis Moreno Haynes and Boone, Mexico City; Council Member, IBA Legal Practice Division

Organising CommitteeGerardo Carrillo Valadez Haynes and Boone, Mexico City; Secretary, IBA Real Estate CommitteeClaudio Cocuzza Cocuzza & Associati Studio Legale, Milan; Chair, IBA Real Estate CommitteeJuan José lópez de silanes Basham Ringe y Correa, Mexico City; Scholarship Officer, IBA Real Estate Committee

Associate social event sponsors

1900–2030Welcome reception and registrationMerida Room, Four Seasons Hotel

The reception is open to all delegates and registered guests. Please indicate on the registration form if you wish to attend.

thursday 2 May

0830–1800 Registration

0830–0930Welcome coffee

0930–0945Welcome remarks and opening addressClaudio Cocuzza luis Moreno

0945–1115 The real estate market: current trends, key players and opportunities Investors,bankers,realestateconsultantsandattorneyswillgiveanup-to-date economic report on the industry, both through a geographical and an industry perspective.

ModeratorsDaniel del Rio Basham Ringe y Correa SC, Mexico City; IBA LPD Representative to the SPPI Council and PPID Steering Grouptimothy E Powers Haynes and Boone, Dallas, Texas; Chair, IBA Constitution Committee

SpeakersMichael t blair Managing Director and Deputy General Counsel, Prologis, Denver, ColoradoJerónimo Gerard Chief Executive Officer, Mexico Retail Properties, Mexico City

Jürgen necker Helaba Landesbank Hessen-Thuringen, Frankfurt am Mainluis tellez Kuenzler President, Mexican Stock Exchange, Mexico CityRicardo Zuñiga Chief Executive Officer, Vertex, Mexico City

1115–1135 Coffee/tea break

1135–1300 Projects and infrastructure as they relate to real estateExpertsfromseveraljurisdictionswilldiscusshowthesekindsoftransactionsare related with the legal practice of real estate, including the role of the real estatepractitioneranditsimpactontheprojectitself(‘noland,noproject’).

ModeratorsRossana fernandes Duarte Siqueira Castro Advogados, São Paulo; Treasurer, IBA Real Estate CommitteeVicente Grau Santamarina y Steta, Mexico City

SpeakersRoberto Albisetti Senior Manager, International Finance Corporation, Mexico CityAgustin barrios Gomez Member, Metropolitan Development Committee, Congress of the United Mexican States, Mexico CityArturo Perdomo Galicia Abogados, Mexico CityJose María Zertuche I Cuadrada, Mexico City

Page 3: 5th Annual Real Estate Investments Conference · Alessandro barzaghi Cocuzza & Associati, Milan santiago García Moreno Senior Vice-President, O’Connor Capital Partners, Mexico

1300–1445 Buffet lunch

Keynote speakerPedro Aspe Former Mexican Secretary of Finance and Public Credit; Co-Chairman, Evercore Partners, Mexico City

1400–1445 Speed networkingDuringlunch,variousspeakerswillbeavailabletoparticipantsoftheconferencefora‘speednetworking’session,whichwillbeorganisedonanappointmentbasisonly.Formoreinformation,ortobookaslot,please contact Claudio Cocuzza at [email protected].

Pleasenotethatplacesarelimitedandwillbeallocatedonafirstcome,firstservebasis.

1445–1600 Cross-border real estate investments and restructuring: hot topic round tablesRealestateindustryrepresentativesandlawyersfromvariousjurisdictionswill discuss recent developments in their respective areas of expertise in various round table discussions. Delegates will be able to choose the round table which is of most interest.

ModeratorMartin Holler Giese & Partner, Prague

CoordinatorsAdrian Aguilera Deputy Chief Executive Officer, Vertex, Mexico Citybruno Amatuzzi PMKA Advogados, São PauloManuel barreiro Managing Partner, GMF Cypress, Queretaro, MexicoAntonio Diez de bonilla Haynes and Boone, Mexico CityCarlos del Rio Creel García-Cuéllar Aiza y Enríquez, Mexico CityAntonio franck Haynes and Boone, Mexico City Mariana Herrero Galicia Abogados, Mexico CityCarlos Ibarra Ibarra Del Paso y Gallego, Mexico CityAarón levet Santamarina y Steta, Mexico City Juan José lópez de silanes Jakob schou Midtgaard Plesner, Copenhagen; Conference Coordinator, IBA Real Estate Committeeluis Moreno Robin Enrique Reyes Gray Arch Investments, Boston, MassachusettsPhilip G skinner Arnall Golden Gregory, Atlanta, Georgia; Newsletter Editor, IBA Real Estate CommitteePaula spada Senior Counsel, Hyatt, Chicago, Illinoisfederico susena Guyer & Regules, MontevideoJorge torres Creel García-Cuéllar Aiza y Enríquez, Mexico Cityfrancisco José Uribe noguera Brigard & Urrutia, Bogotá

1600–1620 Coffee/tea break

1620–1750 Hotel real estate market: transactions in mature destinationsAnanalysisofthedifferentkindoftransactionstakingplaceintheindustry. Negotiating a hotel deal, the role of the owner, the operator, and thefinancingentity.Typicalissuesconfrontedbyrealestatepractitionersinhospitality transactions.

ModeratorsMarco Cannizzo Cannizzo Ortiz y Asociados, Mexico City; North American Forum Liaison Officer, IBA Real Estate CommitteePedro nicholson Estudio Beccar Varela, Buenos Aires

SpeakersAugusto Arellano Senior Managing Director, Evercore, Mexico CityCamilo bolaños Vice-President, Development and Real Estate, Hyatt, Mexico CityRoberto langenauer Managing Director, Nexxus, Mexico Cityfernando Mulet Vice-President, Development, Playa Hotels & Resorts, Fairfax, Virginiabernat Mullerat Cuatrecasas Gonçalves Pereira, Barcelona; Special Projects Officer, IBA Real Estate Committee

1750–1800 Closing remarksClaudio Cocuzza luis Moreno

2000 Cocktail reception and dinnerMuseo de Arte Popular, Mexico City

ThiseventwilltakeplaceinthebeautifulcentralpatioofthebuildingthathousestheMuseumofFolkArtinMexico,locatedinthehistoriccentreof Mexico City, and considered to be the second most important Art Deco buildinginthecountry.Itwasconstructedin1927byarchitectVicenteMendiola and completely restored by Teodoro González de León. Guests willhavethebenefitofvisitingthedifferentshowroomsattheMuseum,thatkeepthemostvaluablecollectioninthecountryofdifferentfolkartpieces,includingtextiles,pottery,glass,silver,alebrijes,andmuchmore.Dinner will be prepared by one of the most renowned caterers in Mexico, with an exquisite taste of Mexican haute cuisine, accompanied with a showoffolkloricdanceandmusicfromdifferentpartsofMexico.Don’tmiss this unique opportunity to experience a full taste of Mexican art, culture, and cuisine.

Ticketprice:US$80

Transport will be provided.

Socialeventticketreservationscannotbeguaranteedunlesspaymenthasbeen received before 25 April,subjecttoavailability.

Conference reception (1 May) sponsors Exhibitor

Page 4: 5th Annual Real Estate Investments Conference · Alessandro barzaghi Cocuzza & Associati, Milan santiago García Moreno Senior Vice-President, O’Connor Capital Partners, Mexico

friday 3 May

0830–1400 Registration

0830–0900Welcome coffee

0900–0915Opening remarks by Conference Chairluis Moreno

0915–1045 Shopping centres: the tenant/landlord relationship. A different balance?Thesessionwillexplorethecontractual‘do’sanddon’ts’ofthetenant/landlordrelationship,focusingonkeyclausesandnegotiationtechniques,all relevant in equating the formula between both.

Moderatorsluis Pérez Delgado Goodrich Riquelme y Asociados, Mexico CityHector sosa Vertex, Mexico

SpeakersJuan Enrique Aigster Hoet Peláez Castillo & Duque, CaracasPedro Azcué President and Chief Executive Officer, Jones Lang LaSalle, Mexico CityAlessandro barzaghi Cocuzza & Associati, Milansantiago García Moreno Senior Vice-President, O’Connor Capital Partners, Mexico City

1045–1105 Coffee/tea break

1105–1230 Environment and real estate transactions: current and future challengesAn analysis of the effects of climate change and their impact on real estate developments.

ModeratorsHumberto Celis Aguilar Celis Aguilar Alvarez y Asociados, Mexico CityCarlos de Icaza Creel García-Cuéllar Aiza y Enríquez, Mexico City

SpeakersGustavo Alanis President, Mexican Centre of Environmental Law, Mexico CityAlejandro Antillon Pacheco Coto, San José, Costa RicaVictor lichtinger Former Secretary of Environment of Mexico, Mexico CityGabriel Quadri de la torre Former Presidential Candidate, Mexico City

1230–1345 How to effectively solve real estate disputes: dispute resolution and real estateCross-borderrealestatetransactionscanresultinsignificantlitigationinmultiplejurisdictions.

This panel of dispute resolution experts will discuss how best to prepare for such disputes when drafting the contract and how best to act once a disputehasarisen.Issuestobediscussedinclude:• Howtodraftaperfectdisputeresolutionclause• Whichistheappropriateforumforadispute• Isarbitrationalwayspreferableoverlitigation• Whenandhowshouldalternativedisputeresolutionmethodsbeused• Advantagesandwaystoobtainpreliminarymeasures• Selectionoflocalcounselandarbitrators• Managingthedisputeresolutionprocess

ModeratorsRoberto Hernández-Garcia COMAD, Mexico City; Latin America Regional Officer, IBA Anti-Corruption Committeenikolaus Pitkowitz Graf & Pitkowitz, Vienna; Senior Vice-Chair, IBA Real Estate Committee

SpeakersMarco A bogran MCA Honduras, HondurasJerry P brodsky Peckar & Abramson, Miami, Floridasantiago Klein Managing Director, McBains Cooper, Fort Lauderdale, FloridaMario salazar Director General, DIRAC, Mexico City

1345–1400 Closing remarksClaudio Cocuzza luis Moreno

1400–1600 Closing lunch

Continuing Professional Development/Continuing Legal EducationFordelegatesfromcountrieswhereCPD/CLEismandatory,theInternationalBarAssociationwillbepleasedtoprovideaConferenceCertificateofAttendancewhich,subjecttotheexactCPD/CLErequirements,maybeusedtoobtaintheequivalentaccreditationinyourjurisdiction.

ThisconferencehasbeenaccreditedforCPD/CLEbytheSolicitorsRegulationAuthorityofEnglandandWales.NewYorkandCalifornianattorneysmaysubmittheircertificatesofattendanceissued,andapplythiscreditearnedtotheirNewYorkandCalifornianCLErequirement.Delegatesshouldaskstaffattheregistrationdeskforinformation as to how to obtain the hours.

Conference luncheon sponsors

Page 5: 5th Annual Real Estate Investments Conference · Alessandro barzaghi Cocuzza & Associati, Milan santiago García Moreno Senior Vice-President, O’Connor Capital Partners, Mexico

InformationDate1–3May2013

VenueFourSeasonsHotelPaseodelaReforma500Colonia JuarezMexicoCity06600Tel:+52(55)52301818Fax:+52(55)52301808

LanguageAllworkingsessionsandconferencematerialswillbeinEnglish.

How to registerRegister online by 19 April at www.ibanet.org/conferences/conf493.aspxandmakepaymentbycreditcard,toavailofthetenpercentonlineregistration discount or complete the attached registration form and return ittoPhilippaBurkeattheIBAtogetherwithyourpayment.Youshouldreceiveemailedconfirmationofyourregistrationwithinfivedays;ifyoudonotthenpleasecontactPhilippaBurkeatphilippa.burke@int-bar.org.

FeesOnline registrations received:

on or before until 5April 19April

IBA/BMAmember US$890 US$1040

Non-member* US$1110 US$1260

Younglawyers(under30years) US$670 US$1260

Academics/judges(full-time) US$670 US$1260

Publiclawyers US$670 US$1260

Corporatecounsel US$800 US$1260

Guest US$95 US$95

Cocktailreceptionanddinner US$80 US$80

After 19 April registrationsmustbereceivedinhardcopyattheIBAoffice.

Hard copy registration forms and fees received:

on or before after 5April 5April

IBA/BMAmember US$990 US$1155

Non-member* US$1235 US$1400

Younglawyers(under30years) US$745 US$1400

Academics/judges(full-time) US$745 US$1400

Publiclawyers US$745 US$1400

Corporatecounsel US$890 US$1400

Guest US$95 US$95

Cocktailreceptionanddinner US$80 US$80

*Bypayingthenon-memberfee,wewelcomeyouasadelegatememberof the IBA for the year in which this conference is held, which entitles you tothefollowingbenefits:1) PasswordaccesstocertainpartsoftheIBAwebsite.2) ReceiptofIBA E-news and access to online versions of IBA Global Insight.3) Paythememberrateforanysubsequentconferenceregistrationsfor

this calendar year.

IfyouwouldliketobecomeafullorgeneralmemberoftheIBA,whichincludesmembershipofonecommitteeormore–andinclusioninandaccesstoourmembershipdirectory–weencourageyoutodosonowinorder to register for this conference at the member rate. Full details of how tojoincanbefoundatwww.ibanet.org.

Areducedrateisofferedtolawyerswhoareovertheageof65,havebeenanIBAmemberformorethan20yearsandarenolongerpractisinglaw.

Full payment must be received in order to process your registration.

Fees include:• Attendanceatallworkingsessions• Conferencematerials,includinganyavailablespeakers’paperssubmitted

to the IBA before 19 April.• AccesstotheaboveconferenceworkingmaterialsfromtheIBAwebsite(www.ibanet.org)approximatelysevendayspriortotheconference

• Lunchon2and3May• Teaandcoffeeduringbreaks• Invitationtowelcomereceptionon1May

Please note that registrations are not transferable.

Guest fees include:• Invitationtowelcomereceptionon1May

AguestmustnotbeamemberofthelegalprofessionorseektousetheConferenceasabusinessnetworkingopportunity.Accesstoworkingsessionsisnotpermittedforguests.Checksaremadetoensuremembersof the legal profession are not registered as guests, if this is the case, registration will be refused unless the guest registers as a full delegate for theconference.Onlyregisteredguests(ie,thosepayingtheguestfee)areeligible to participate in the social programme.

List of participantsIn order for your name to appear in the list of participants, which will be distributed at the conference, your registration form must be received by 19 April at the latest.

Registration confirmation All documentation regarding your attendance at the conference can now beobtainedfromtheIBAwebsite.Uponreceiptofyourpaymentfortheconferenceaconfirmationemailwillbesentcontaininginstructionsonhowtodownloadthedocuments.Registrationconfirmationwillnotbedistributed by post.

Promotional literaturePlease note that no individual or organisation may display or distribute publicity material or other printed matter during the conference, unless by prior arrangement with the IBA. Organisations and companies wishing to discuss promotional opportunities should contact the Sponsorship departmentattheIBA([email protected]).

Social programme

Wednesday 1 May

1900–2030Welcome receptionMerida Room, Four Seasons Hotel

Thursday 2 May

2000 Cocktail reception and dinnerMuseo de Arte Popular, Mexico City

US$80

Transport will be provided.

Socialeventticketreservationscannotbeguaranteedunlesspaymenthasbeen received before 25 April,subjecttoavailability.

The organisers may at any time, with or without giving notice, in their absolute discretion and without giving any reason, cancel or postpone the conference, change its venue or any of the other published particulars,orwithdrawanyinvitationtoattend.Inanycase,neithertheorganisersnoranyoftheirofficers,employees,agents,membersorrepresentativesshallbeliableforanyloss,liability,damageorexpensesufferedorincurredbyanyperson,norwilltheyreturnanymoneypaidtotheminconnectionwiththeconferenceunlesstheyaresatisfiednotonlythatthemoneyinquestionremainsundertheircontrolbutalsothatthepersonwhopaidithasbeenunfairlyprejudiced(astowhich,decisionshallbeintheirsoleandunfettereddiscretionand,whenannounced,finalandconclusive).

Page 6: 5th Annual Real Estate Investments Conference · Alessandro barzaghi Cocuzza & Associati, Milan santiago García Moreno Senior Vice-President, O’Connor Capital Partners, Mexico

Subjecttoavailability,theratesquotedapplyifbookedby5 April via the officialaccommodationagent,JudyLaneConsulting(JLC).Thisisalimitedblockofroomssopleasebookearlyasratesandavailabilitycannotbeguaranteed.Tomakeareservation:

Completethe‘Accommodationform’andreturntoJLCassoonaspossibletobenefitfromthespecialIBArate:

JLCTel:+44(0)1293888352Fax:+44(0)8709122511Email:[email protected]

Allreservationswillbeacknowledged,byemail,within48hoursofreceipt.Bookingscannotbemadewithoutacreditcardnumber.Anysubsequentamendment to your reservation must be made in writing to JLC. If you donotreceiveemailconfirmationofyourreservationoramendment/cancellation,pleasecontactJLCbytelephone.Subjecttoavailability,JLCcan accept reservations up until 5 April. Thereafter, all reservations should bemadedirectwiththehotel,quoting‘IBAConference’asthereference.

Individuals may cancel prior to 5 April without penalty. After this date cancellation charges will apply. Please note that in the event of any cancellationsorno-shows,roomswillbechargedtotheindividualguest’screditcardgivenatthetimeofbooking.

Bycompletingthe‘Accommodationform’,youenterintoanagreementwiththehotelregardingcreditcardguarantees,cancellation/no-showtermsandconditions and room rates. Neither the IBA nor JLC can accept responsibility for hotel accommodation disputes between a delegate and the hotel.

Disabled accessTheFourSeasonsHoteliswheelchairaccessible.Pleasenotifyusifyourequire special assistance.

Payment of registration feesUS dollars: by cheque converted at the current rate of exchange and drawn onaUSbankandinfavouroftheInternationalBarAssociation.Pleasesendto:4thFloor,10StBrideStreet,LondonEC4A4AD,UnitedKingdom.

ORbybanktransfertotheIBAaccountnumber:01286498(SortCode56-00-03)attheNationalWestminsterBank,StJames’s&PiccadillyBranch,208Piccadilly,LondonW1A2DG,UnitedKingdom.SWIFTaddressNWBKGB2L,IBANGB55NWBK60730101286498.Please ensure that a copy of the bank transfer details is attached to your registration form.

Use the exchange rate prevailing at the time of registration.

Pounds sterling: bychequedrawnonaUKbankandinfavouroftheInternationalBarAssociation.Pleasesendto:4thFloor,10StBrideStreet,LondonEC4A4AD,UnitedKingdom. ORbybanktransfertotheIBAaccountnumber:13270222(SortCode56-00-03)attheNationalWestminsterBank,StJames’s&PiccadillyBranch,208Piccadilly,LondonW1A2DG,UnitedKingdomorSWIFTaddressNWBKGB2L,IBANGB05NWBK56000313270222.Please ensure that a copy of the bank transfer details is attached to your registration form.

Use the exchange rate prevailing at the time of registration.

Euro: bychequeorbankdraft,drawnonaeurozonebankandconvertedatthe current rate of exchange and in favour of the International Bar Association.

ORbybanktransfertotheIBAbankaccountnumber550/00/06570631(SortCode56-00-03)attheNationalWestminsterBank,StJames’s&PiccadillyBranch,208Piccadilly,LondonW1A2DG,UnitedKingdomorSWIFTaddressNWBKGB2L,IBANGB58NWBK60721106570631.Please ensure that a copy of the bank transfer details is attached to your registration form.

Use the exchange rate prevailing at the time of registration.

Credit card payments:byVisa,MasterCardorAmericanExpress. No other cards are accepted.

PLEASE ENSURE THAT YOUR NAME AND ‘CON493MEXICO’ APPEAR ON ANY TRANSFER OR DRAFT.

No Deductions or WithholdingsAll fees payable to us by you in accordance with the terms contained in this‘Information’sectionshallbepaidfreeandclearofalldeductionsorwithholdings whatsoever.

If any deductions or withholdings are required by law to be made from any feespayabletousbyyouunderthetermscontainedinthis‘Information’section you shall pay such sum as will, after the deduction or withholding has been made, leave us with the same amount as we would have been entitledtoreceiveintheabsenceofanysuchrequirementtomakeadeduction or withholding.

Ifweobtainthebenefitofanytaxcreditorotherreliefbyreferencetoanysuch deductions or withholdings, then we shall repay to you such amount as, after such repayment has been made, will leave us in no worse position than we would have been had no such deductions or withholdings been required.

Conference sell-outsTheIBAplacesitsconferenceinvenuesofasuitablesizefortheevent;however there are times when our conferences may sell out. Should this happen, prospective delegates will be informed and a waitlist will operate. Thewaitlistwillfunctionona‘firstcome,firstserved’basis,subjecttoreceiving registered delegate cancellations. The IBA will not be liable for any travel or accommodation expenses incurred by an individual who travelstotheconferencewithoutaconfirmedplaceattheevent.

Cancellation of registrationIfcancellationisreceivedinwritingattheIBAofficeby5 April, fees will berefundedlessa25percentadministrationcharge.Weregretthatnorefunds can be made after this date. Registrations received after 5 April will not be eligible for any refund of registration fees.

Provided you have cancelled your registration to attend an IBA conference inaccordancewiththetermsofthe‘cancellationofregistration’clauseincludedinthe‘Information’sectionoftherelevantconferenceprogramme,youmustthenconfirmtousinwritingattheIBAofficeassoonaspossiblebutinnoeventlaterthanoneyear(12calendarmonths)from the date of any such conference all necessary details to enable any reimbursement owed to you to be paid. We regret that no refunds will be madeafterthedatethatisoneyear(12calendarmonths)afterthedateofthe relevant conference.

Travel arrangements and visasParticipantsareresponsibleformakingtheirowntravelarrangements.Itisrecommendedthatyoucheckyourvisarequirementswithyourlocalembassy or consulate. We are unable to dispatch visa invitation letters to support your visa application prior to receipt of your registration form and full payment of registration fees.

Please apply for your visa in good time.

Hotel accommodationThe IBA has reserved a limited number of guestrooms for the nights of 1 and2MayinclusiveattheFourSeasonsHotelatthefollowingrates:

Single/double:US$220

Therateaboveisperroom,pernightandisexclusiveofbreakfastandlocal taxes and service charges. Please note that an additional porterage chargeofUS$7perpersonandamaidservicechargeofUS$5perroom,pernightwillbeaddedtothefinalbill,andwillbesettledbytheindividualon departure.

IMPORTANT: ForguestswhochoosetostayattheFourSeasonsHotelMexico,pleasenotethatthe16percentVATtaxchargeonthepublishedbedroom rate for guests living outside of Mexico will be waived. In order toclaimthisbenefit,pleasepresentatouristvisaandpassportuponcheck-in and a photocopy will be made to process the elimination of the tax. If participants are unable to present all requested migratory documents, taxes cannotbedeductedandguestswillbechargedthe16percentVAT.Pleasenotethatthe3percentoccupancytaxisnotincludedinthiswaiverandwill be charged throughout the entire stay. Please note that Mexican guests willnotbeabletoobtainthisbenefit.TheIBAcannotacceptresponsibilityfor hotel accommodation disputes between a delegate and the hotel.

Page 7: 5th Annual Real Estate Investments Conference · Alessandro barzaghi Cocuzza & Associati, Milan santiago García Moreno Senior Vice-President, O’Connor Capital Partners, Mexico

5th Annual Real Estate Investments Conferencetrends, opportunities and new frontiers

1–3 May 2013, four seasons Hotel, Mexico City, Mexico

Please read the ‘Information’ section before completing this form and return it together with your payment to Philippa burke at the address overleaf.

Personal details (Please attach your business card or write in block capitals)

Title _____________ Given name _________________________________________ Family name _________________________________________________

Name and country to be shown on badge (if different from above) _________________________________________________________________________

IBA membership number (if applicable) __________________________________________________________Date of birth ___________________________

Firm/company/organisation ___________________________________________________________________________________________________________

Address ____________________________________________________________________________________________________________________________

___________________________________________________________________________________________________________________________________

Tel ___________________________________________________________ Fax _________________________________________________________________

Email ______________________________________________________________________________________________________________________________

Guest name ________________________________________________________________________________________________________________________ Guestsarenotentitledtoattendtheworkingsessions.Nomemberofthelegalprofessionmayberegisteredasaguest.

Special dietary requirements __________________________________________________________________________________________________________

to obtAIn A tEn PER CEnt DIsCoUnt on tHE fEEs bEloW, PlEAsE REGIstER by 19 APRIL onlInE At WWW.IBAnET.ORg/COnFEREnCES/COnF493.ASPx.

IbA MEMbERs CAn REGIstER onlInE by 5 APRIL foR US$890 PlEAsE sEE ‘InfoRMAtIon’ foR fURtHER onlInE REGIstRAtIon DEtAIls.

Hard copy registration forms and fees received: on or before 5 April after 5 April amount payable

IBA/BMAmember US$990 US$1155 US$

Non-member* US$1235 US$1400 US$

Younglawyers(under30years) US$745 US$1400 US$

Academics/judges(full-time) US$745 US$1400 US$

Publiclawyers US$745 US$1400 US$

Corporatecounsel US$890 US$1400 US$

Guest US$95 US$95 US$ Guestsarenotentitledtoattendtheworkingsessions.Nomemberofthelegalprofessionmayberegisteredasaguest.

Social functions

Cocktailreceptionanddinner–2May Numberoftickets____________@US$80 US$One dinner ticket for each delegate and registered guest is permitted.

I/wewouldliketoattendthewelcomereception–1MayOnly delegates and registered guests may attend.

Socialfunctionticketreservationsaresubjecttoavailabilityandcannotbeguaranteedunlesspaymenthasbeenreceivedbefore25 April .

TOTAL AMOUNT PAYABLE US$

A REDUCED RAtE Is offERED to lAWyERs WHo ARE oVER tHE AGE of 65, HAVE bEEn An IbA MEMbER foR MoRE tHAn 20 yEARs AnD ARE no lonGER PRACtIsInG lAW. PlEAsE ContACt tHE IbA offICE foR fURtHER InfoRMAtIon.

*JoIn tHE IbA toDAy AnD REGIstER foR tHIs ConfEREnCE At tHE IbA MEMbER RAtE. PlEAsE fInD tHE MEMbERsHIP APPlICAtIon foRM At WWW.IBAnET.ORg.

fUll PAyMEnt MUst bE RECEIVED In oRDER to PRoCEss yoUR REGIstRAtIon. PLEASE nOTE THAT REgISTRATIOnS ARE nOT TRAnSFERABLE.

Registration form

Page 8: 5th Annual Real Estate Investments Conference · Alessandro barzaghi Cocuzza & Associati, Milan santiago García Moreno Senior Vice-President, O’Connor Capital Partners, Mexico

IBAlistingsareprovidedtorelevantthirdpartiesformarketingpurposes.TheIBAwilltreatyourpersonalinformationwiththeutmostrespectandinaccordancewithUKdata privacy laws.

Ifyouareagreeabletopassingonyourdetails,pleasetickthisbox

If you do notwishtoreceiveIBAinformationandmaterials,pleasetickthisbox

Your details will however be included in the list of participants.

Pleasesendthecompletedformto:

International Bar Association

Philippa Burke

4thFloor,10StBrideStreet,LondonEC4A4AD,UnitedKingdom

Tel:+44(0)2078420090 Fax:+44(0)2078420091

Email:[email protected] www.ibanet.org

For office use only Payment______________________Banked_______________________Processed_____________

Payment details

Iencloseacheque/bankdraftmadepayabletotheIBAforthetotalamountpayable.

IhavetransferredtotheIBAbankaccountthetotalamountpayableandhaveattachedacopyofthebanktransferdetails.

Pleasechargethetotalamountduetomy(deleteasappropriate)Visa/MasterCard/AmericanExpress. Other cards are not accepted.

Card number ______________________________________________________________ Start date _______________ Expiry date ______________________

Name of cardholder _________________________________________________________________________________________________________________

Signature _________________________________________________________________ Date ____________________________________________________

Where did you first hear about this conference?

IBA CONFERENCE OTHERCONFERENCE DIRECT MAIL INTERNET ADVERTISEMENT

EMAIL EDITORIAL RECOMMENDATION OTHER

Please provide further details, quoting code (if applicable)

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Page 9: 5th Annual Real Estate Investments Conference · Alessandro barzaghi Cocuzza & Associati, Milan santiago García Moreno Senior Vice-President, O’Connor Capital Partners, Mexico

Accommodation form

5th Annual Real Estate Investments Conferencetrends, opportunities and new frontiers

1–3 May 2013, four seasons Hotel, Mexico City, Mexico

Please refer to the ‘Hotel accommodation’ section before completing this form

REtURn to: JLC tEl: +44 (0) 1293 888 352 fAx: +44 (0) 870 912 2511 EMAIl: [email protected]. sUbJECt to AVAIlAbIlIty, JlC CAn ACCEPt REsERVAtIons UP UntIl 5 APRIL.

tHEREAftER, PlEAsE ContACt tHE HotEl DIRECt, QUotInG ‘IbA ConfEREnCE’ As tHE REfEREnCE.

Personal details (Please attach your business card or write in block capitals)

Title _____________ Given name _________________________________________ Family name _________________________________________________

Firm/company/organisation ___________________________________________________________________________________________________________

Address ____________________________________________________________________________________________________________________________

___________________________________________________________________________________________________________________________________

___________________________________________________________________________________________________________________________________

Tel ___________________________________________________________ Fax _________________________________________________________________

Email ______________________________________________________________________________________________________________________________

(Pleaseprintclearlyasyourreservationwillbeconfirmedbyemail.Ifyoudonotreceiveconfirmationofyourreservation,pleasecontactJLCbytelephone.)

Accommodation requirements

Arrival date ______________________________________________________ Departure date ___________________________________________________

Single/double:US$220 Smoking Non-smoking

tHE RAtE AboVE Is PER RooM, PER nIGHt AnD Is ExClUsIVE of bREAKfAst AnD loCAl tAxEs AnD sERVICE CHARGEs. PlEAsE notE tHAt An ADDItIonAl PoRtERAGE CHARGE of Us$7 PER PERson AnD A MAID sERVICE CHARGE of Us$5 PER RooM,

PER nIGHt WIll bE ADDED to tHE fInAl bIll, AnD WIll bE sEttlED by tHE InDIVIDUAl on DEPARtURE.

Any special requirements _____________________________________________________________________________________________________________

(Wewilldoourbesttoaccommodatetheserequestsbutcannotmakeanyguarantees.)

sUbJECt to AVAIlAbIlIty, JlC CAn ACCEPt REsERVAtIons UP UntIl 5 APRIL. tHEREAftER, All REsERVAtIons sHoUlD bE MADE DIRECt WItH tHE HotEl, QUotInG ‘IbA ConfEREnCE’ As tHE REfEREnCE.

InDIVIDUAls MAy CAnCEl PRIoR to 5 APRIL WItHoUt PEnAlty. AftER tHIs DAtE CAnCEllAtIon CHARGEs WIll APPly.

PlEAsE notE tHAt In tHE EVEnt of Any CAnCEllAtIons oR no-sHoWs, RooMs WIll bE CHARGED to tHE InDIVIDUAl GUEst’s CREDIt CARD GIVEn At tHE tIME of booKInG.

IMPORTANT: ForguestswhochoosetostayattheFourSeasonsHotelMexico,pleasenotethatthe16percentVATtaxchargeonthepublishedbedroomrateforguestslivingoutsideofMexicowillbewaived.Inordertoclaimthisbenefit,pleasepresentatouristvisaandpassportuponcheck-inand a photocopy will be made to process the elimination of the tax. If participants are unable to present all requested migratory documents, taxes cannot bedeductedandguestswillbechargedthe16percentVAT.Pleasenotethatthethreepercentoccupancytaxisnotincludedinthiswaiverandwillbechargedthroughouttheentirestay.PleasenotethatMexicanguestswillnotbeabletoobtainthisbenefit.TheIBAcannotacceptresponsibilityforhotelaccommodation disputes between a delegate and the hotel.

Accommodation guarantee

Reservationscannotbemadewithoutavalidcreditcardnumber(Visa,MasterCard,AmericanExpressandDinersClubareaccepted)..

Card number ______________________________________________________________ Start date _______________ Expiry date ______________________

Name of cardholder _________________________________________________________________________________________________________________

Signature _________________________________________________________________ Date ____________________________________________________

by CoMPlEtInG tHE ‘ACCoMMoDAtIon foRM’, yoU EntER Into An AGREEMEnt WItH tHE HotEl REGARDInG CREDIt CARD GUARAntEEs, CAnCEllAtIon/no-sHoW tERMs AnD ConDItIons AnD RooM RAtEs. nEItHER tHE IbA oR JlC CAn ACCEPt

REsPonsIbIlIty foR HotEl ACCoMMoDAtIon DIsPUtEs bEtWEEn A DElEGAtE AnD tHE HotEl.

Page 10: 5th Annual Real Estate Investments Conference · Alessandro barzaghi Cocuzza & Associati, Milan santiago García Moreno Senior Vice-President, O’Connor Capital Partners, Mexico

Designed in conjunction with the International Bar Association, this LL.M is a tailored, professional programme for graduates and practising lawyers seeking career-enhancing postgraduate legal qualifi cations. The programme is aimed specifi cally at building cross-border commercial legal knowledge.

The benefi ts of the LL.M in International Legal Practice You choose what to study

• Tailor what you study to your career path and/or practice area • All modules are practice-led with contributions from leading global

law fi rms

You choose how to study

• Study your LL.M at a time and place that suits you

Full-time LL.M in London

• Starts in September 2013 at our London Moorgate centre • Three workshops per week – 2.5 hours each • Supported by i-Tutorials, online test and feedback exercises and

independent learning and research

S-mode modules

• Start in January or July each year • Online study with one-to-one online supervision from a College tutor • Nine units per module

• We supply an extensive suite of user-friendly, practical course material including electronic learning aids

You choose your pace of learning

• Modular course design enables you to determine your own pace of learning

• S-mode modules start in January and July each year

Register now and take that step for educational and career development

For further information, and to register please e-mail: [email protected]

www.college-of-law.co.uk/llm

‘It has exceeded my expectations…this course in its entirety is the best study experience that I have had.’

‘The i-tutorials are very easy to use and informative, an excellent way for busy practitioners to learn.’

Module First available start date

Business, fi nance and the legal services market July 2013

International intellectual property practice July 2013

International commercial legal practice July 2013

International public companies practice July 2013

International capital markets and loans practice July 2013

International mergers and acquisitions practice July 2013

International antitrust practice July 2013

International business organisations July 2013

International arbitration practice July 2013

International joint ventures July 2013

LL.M in International Legal Practice

Global Professional Training with the International Bar Association and the College of Law – the practical route to enhance your career.

Page 11: 5th Annual Real Estate Investments Conference · Alessandro barzaghi Cocuzza & Associati, Milan santiago García Moreno Senior Vice-President, O’Connor Capital Partners, Mexico

To register, please contact:

International Bar Association

4th Floor, 10 St Bride Street

London EC4A 4AD, United Kingdom

Tel: +44 (0)20 7842 0090

Fax: +44 (0)20 7842 0091

The energetic and prosperous city of Boston is renowned for its

cultural facilities, world-class educational establishments, and

its place at the forefront of American history. As New England’s

social and commercial hub, home to a number of major national and

international businesses, and one of the oldest operational sea ports in

the western hemisphere, Boston is a fi tting and inspiring setting for the

International Bar Association’s 2013 Annual Conference.

WHAT WILL BOSTON 2013 OFFER?• The largest gathering of the international legal community in the

world – a meeting place of more than 4,500 lawyers and legal

professionals from around the world

• More than 180 working sessions covering all areas of practice

relevant to international legal practitioners

• The opportunity to generate new business with the leading fi rms

in the world’s key cities

• A registration fee which entitles you to attend as many working

sessions throughout the week as you wish

• Up to 25 hours of continuing legal education and continuing

professional development

• A variety of social functions providing ample opportunity to

network and see the city’s key sights

• Excursion and tours programme

OFFICIAL CORPORATE SUPPORTERS

www.ibanet.org/conferences/Boston2013

www.ibanet.org/conferences/boston_sponsorship.aspx

Page 12: 5th Annual Real Estate Investments Conference · Alessandro barzaghi Cocuzza & Associati, Milan santiago García Moreno Senior Vice-President, O’Connor Capital Partners, Mexico

Advert space

International Bar Associationthe global voice of the legal profession

The International Bar Association(IBA),establishedin1947,istheworld’sleadingorganisationofinternationallegalpractitioners,bar associations and law societies. The IBA influences the development of international law reform and shapes the future of the legal professionthroughouttheworld.Ithasamembershipofover40,000individuallawyersandalmost200barassociationsandlawsocietiesspanning all continents. It has considerable expertise in providing assistance to the global legal community as well as being a source of distinguished legal commentators for international news outlets.

Groupedintotwodivisions–the Legal Practice Division and the Public and Professional Interest Division–theIBAcoversallpracticeareasandprofessionalinterests,providingmemberswithaccesstoleadingexpertsandup-to-dateinformation.Throughthevarious committees of the divisions, the IBA enables an interchange of information and views among its members as to laws, practices andprofessionalresponsibilitiesrelatingtothepracticeofbusinesslawaroundtheglobe.Additionally,theIBA’shigh-qualitypublicationsandworld-classconferencesprovideunrivalledprofessionaldevelopmentandnetwork-buildingopportunitiesforinternationallegalpractitioners and professional associates.

TheIBA’sBar Issues Commission provides an invaluable forum for IBA member organisations to discuss all matters relating to law at an international level.

TheIBA’sHuman Rights InstituteworksacrosstheAssociationtopromote,protectandenforcehumanrightsunderajustruleoflaw,andtopreservetheindependenceofthejudiciaryandthelegalprofessionworldwide.OtherinstitutionsestablishedbytheIBAincludetheSouthern Africa Litigation Centre and the International Legal Assistance Consortium.

Real Estate Committee overviewTherecentglobalisationoftherealestateindustryhasfundamentallychangedtheCommittee’sfocus.Whilerealestateassetsaretraditionally governed by national rules, real estate transactions have long ceased to be a purely national matter. Today, the ownership of properties is traded among investors around the globe. Increasing internationalisation of all aspects of real estate law has also changed the types of lawyers involved. Involvement with the Real Estate Committee provides an excellent opportunity not only to exchange views on realestaterelatedmattersbutalsotomakeusefulcontactswithrealestatelawyersfromallovertheworld.

north American Regional Forum overviewTheNorthAmericanRegionalForumcoversCanada,Mexico,PuertoRico,theUnitedStates,andEnglish-speakingareasoftheCaribbean.LaunchedattheChicagoAnnualConferencein2006,theForumisthefocusforallactivitiesintheregion,andorganisessessionsandaluncheoneventateachIBAAnnualConferenceforeducationandnetworking.FutureplansincludeorganisingconferencesinpartnershipwithotherIBACommitteesandFora,aswellasotherbarassociationsandlegalorganisationsintheregion.TheForumiscloselyaffiliatedwith the Latin American Regional Forum as the regions are geographically proximate and share many issues.

TheaimsoftheNorthAmericanRegionalForumare:•spreadknowledgeaboutlegalpracticewithinNorthAmerica;and•expandtheinternationalperspectiveoflawyerspracticinginNorthAmerica.

Asanopportunitytoparticipateinanetworkbetweenlawyerspracticingintheregionandlawyersoutsidetheregionwithaninteresttherein, the North American Regional Forum provides an unrivalled locus of contact.

Contact informationInternational Bar Association4thFloor,10StBrideStreet,LondonEC4A4AD,UnitedKingdomTel:+44(0)2078420090 Fax:+44(0)2078420091Email:[email protected] www.ibanet.org

Creel, García-Cuéllar, Aiza y Enríquez is widely recognized as one of the premier law firms in Mexico. Its leading practices are esteemed in the market as dominating the mergers & acquisitions, finance and capital markets legal fields, and its wide array of other practice areas with specialized expertise work closely together in a true partnership to provide clients a unique team of attorneys with extensive knowledge to anticipate and resolve issues and efficiently achieve clients’ legal and business goals. An award winning, full service corporate law firm, it has over 75 years of experience in providing international and domestic clients technical excellence, knowledge of the market and unparalleled client service. The Firm’s cross-generational mix of senior statesmen guiding its deep bench of contemporary attorneys who are experts in their field provides value added for clients. The Firm is a strategic service provider to clients with the most complex and demanding transactions and projects, affording them certainty and peace of mind. The Firm provides innovative solutions on many of the largest, most intricate, first-ever market leading deals in Mexico. It has been influential in the development of cutting edge legal products and financial instruments in Mexico. The deep understanding of clients’ business goals and the dynamics of multifaceted cross border and domestic transactions by internationally trained, bilingual attorneys has long established a reputation for client satisfaction with the Firm’s responsiveness and expertise.

In September 2012, and for the third time in 8 years, Chambers and Partners Latin America recognized our Firm as “Mexico Law Firm of the Year 2012”. We are the only Firm in Mexico to have received this award three times. We have also received multi-year best law firm awards from IFLR 1000 and Who’s Who Legal.

www.creel.mx

Contact Partners:Carlos de Icaza

[email protected] +52 55 4748 0641Carlos del Río

[email protected] +52 55 4748 0656Francisco Montalvo

[email protected] +52 818363 4221Jorge Torres

[email protected] +52 55 4748 0632

Our Real Estate Practice advises multinational and domestic developers, hospitality companies, major industrial groups, investment banks, real estate investment trusts, private equity funds and other investors on the legal and regulatory aspects of real estate investments and strategic transactions in the commercial (including retail), residential, hospitality and industrial sectors. Our services in connection with real estate include advising on the following matters:

acquisition, disposition, joint ventures, granting of use, including leasing, of real estate assetsdevelopment, management and operation of real estate projects, including construction agreementsownership and operation of hospitality assets, including operation and administration agreements

creation of condominium regimes and other forms of communal ownership

creation of fractional ownership and time-share schemes

reorganizations of land including redesigning/swapping ownership rights

permitting and zoning

The Firm is a full-service law firm in Mexico with a broad array of practice areas, but we have no generalists; each attorney is specialized, with extensive expertise in his or her field. The Firm´s true partnership model allows extensive cooperation among coordinated teams of specialists to provide superior representation on all aspects of a client´s complex matters, including in addition to Real Estate: Antitrust & Competition, Banking & Finance, Bankruptcy & Restructurings, Capital Markets, Corporate & Commercial, Dispute Resolutions, Employment & Labor, Energy, Infrastructure & Project Finance, Environmental, Insurance & Reinsurance, Intellectual Property, Mergers & Acquisitions, Mining, Private Equity, Tax and Telecommunications.

Paseo de los Tamarindos 60 Col. Bosques de las Lomas05120, México, D.F.

Tel. +52 55 4748 0600

Batallón de San Patricio No. 111 Office 1802. ING Tower. Col. Valle Oriente66269 San Pedro Garza García, Nuevo León

Tel. +01 81 8363 4221

VALUE ADDED EXPERTISE PROVIDING PEACE OF MINDDISTINCTION IN COMPLEX REAL ESTATE MATTERS

Page 13: 5th Annual Real Estate Investments Conference · Alessandro barzaghi Cocuzza & Associati, Milan santiago García Moreno Senior Vice-President, O’Connor Capital Partners, Mexico

Creel, García-Cuéllar, Aiza y Enríquez is widely recognized as one of the premier law firms in Mexico. Its leading practices are esteemed in the market as dominating the mergers & acquisitions, finance and capital markets legal fields, and its wide array of other practice areas with specialized expertise work closely together in a true partnership to provide clients a unique team of attorneys with extensive knowledge to anticipate and resolve issues and efficiently achieve clients’ legal and business goals. An award winning, full service corporate law firm, it has over 75 years of experience in providing international and domestic clients technical excellence, knowledge of the market and unparalleled client service. The Firm’s cross-generational mix of senior statesmen guiding its deep bench of contemporary attorneys who are experts in their field provides value added for clients. The Firm is a strategic service provider to clients with the most complex and demanding transactions and projects, affording them certainty and peace of mind. The Firm provides innovative solutions on many of the largest, most intricate, first-ever market leading deals in Mexico. It has been influential in the development of cutting edge legal products and financial instruments in Mexico. The deep understanding of clients’ business goals and the dynamics of multifaceted cross border and domestic transactions by internationally trained, bilingual attorneys has long established a reputation for client satisfaction with the Firm’s responsiveness and expertise.

In September 2012, and for the third time in 8 years, Chambers and Partners Latin America recognized our Firm as “Mexico Law Firm of the Year 2012”. We are the only Firm in Mexico to have received this award three times. We have also received multi-year best law firm awards from IFLR 1000 and Who’s Who Legal.

www.creel.mx

Contact Partners:Carlos de Icaza

[email protected] +52 55 4748 0641Carlos del Río

[email protected] +52 55 4748 0656Francisco Montalvo

[email protected] +52 818363 4221Jorge Torres

[email protected] +52 55 4748 0632

Our Real Estate Practice advises multinational and domestic developers, hospitality companies, major industrial groups, investment banks, real estate investment trusts, private equity funds and other investors on the legal and regulatory aspects of real estate investments and strategic transactions in the commercial (including retail), residential, hospitality and industrial sectors. Our services in connection with real estate include advising on the following matters:

acquisition, disposition, joint ventures, granting of use, including leasing, of real estate assetsdevelopment, management and operation of real estate projects, including construction agreementsownership and operation of hospitality assets, including operation and administration agreements

creation of condominium regimes and other forms of communal ownership

creation of fractional ownership and time-share schemes

reorganizations of land including redesigning/swapping ownership rights

permitting and zoning

The Firm is a full-service law firm in Mexico with a broad array of practice areas, but we have no generalists; each attorney is specialized, with extensive expertise in his or her field. The Firm´s true partnership model allows extensive cooperation among coordinated teams of specialists to provide superior representation on all aspects of a client´s complex matters, including in addition to Real Estate: Antitrust & Competition, Banking & Finance, Bankruptcy & Restructurings, Capital Markets, Corporate & Commercial, Dispute Resolutions, Employment & Labor, Energy, Infrastructure & Project Finance, Environmental, Insurance & Reinsurance, Intellectual Property, Mergers & Acquisitions, Mining, Private Equity, Tax and Telecommunications.

Paseo de los Tamarindos 60 Col. Bosques de las Lomas05120, México, D.F.

Tel. +52 55 4748 0600

Batallón de San Patricio No. 111 Office 1802. ING Tower. Col. Valle Oriente66269 San Pedro Garza García, Nuevo León

Tel. +01 81 8363 4221

VALUE ADDED EXPERTISE PROVIDING PEACE OF MINDDISTINCTION IN COMPLEX REAL ESTATE MATTERS

Page 14: 5th Annual Real Estate Investments Conference · Alessandro barzaghi Cocuzza & Associati, Milan santiago García Moreno Senior Vice-President, O’Connor Capital Partners, Mexico
Page 15: 5th Annual Real Estate Investments Conference · Alessandro barzaghi Cocuzza & Associati, Milan santiago García Moreno Senior Vice-President, O’Connor Capital Partners, Mexico

Haynes and Boone, LLP Mexico City

© 2013 Haynes and Boone, LLP

Austin Dallas Fort Worth Houston Mexico City New York Orange County Richardson San Antonio Silicon Valley Washington, D.C.

haynesboone.com

The Mexico City Office of Haynes and Boone prides itself on its internationally recognized Real Estate Practice Group. As part of a firm with more than 525 attorneys in eleven offices, we represent clients in all areas of law that are critical to the real estate industry. We are engaged in every facet of capitalizing and financing, buying, selling, developing, operating and leasing, real estate for operators, investors and users for both U.S. and foreign clients.

Chambers Latin America 2012 honored Haynes and Boone lawyers and practices for the third consecutive year for its high-end corporate and financial work throughout Latin America and Mexico. Haynes and Boone maintained its status as the only Texas-based firm to be ranked in the Latin America-wide corporate/M&A category.

Latin Lawyer listed Haynes and Boone as a recommended firm for Latin American legal work in its 2011 edition of the Latin Lawyer 250, a ranking that tracks leading law firms working throughout Latin America. The publication recognized individual lawyers in the firm’s Mexico City, New York, Houston and Dallas offices.

William “Hunt” Buckley, Partner [email protected]

Antonio Diez de Bonilla Martinez, Partner [email protected]

Antonio Franck, Partner [email protected]

Jorge A. Labastida, Partner [email protected]

Luis F. Moreno Trevino, Partner [email protected]

Timothy E. Powers, Partner [email protected]

Ariel Ramos, Partner [email protected]

Gerardo Carrillo Valadez, Associate [email protected]

Cesar Ramírez del Ángel, Associate [email protected]

Page 16: 5th Annual Real Estate Investments Conference · Alessandro barzaghi Cocuzza & Associati, Milan santiago García Moreno Senior Vice-President, O’Connor Capital Partners, Mexico

In general terms, Mexican real estate is divided in three main groups: (i)private property; (ii) public property; and (iii) social property.

Private Property: every real estate property in Mexico derives originally fromthe Nation. In terms of article 27 of the Federal Constitution, the Nation cantransfer such property to any individual or entity; nevertheless, the Nationreserves the right to impose to such real estate property the modalities theNation considers appropriate to protect public interest. The most commontype of modalities that are imposed to real estate properties are zoning,setbacks, and height restrictions; nevertheless, recent developments inenvironmental protection has broadened the scope of this modalities.

Public property: the real estate property owned by the Federal, State, orMunicipal governmental authorities, in principle, to provide public services.

Social property: “ejido” property was created back in 1920 as a consequenceof the Mexican Revolution. The idea behind this regime originally was torecognize the existence of local communities and protect them. Thegovernment assigned the use of farmlands to such community. Suchcommunity, or "ejido", could decide whether they wanted to hold all of theland public for common use or permanently distribute such land in individualparcels to the members of the community. Please note that this kind of landis ruled by a special legal regime and is subject to special laws and regulations.

Prior to the 1992 reform to the Agrarian Law, the members of the communitywere formal possessors of the rights to use and enjoy such communal orindividualized farmland, but they were not formal owners who could freelydispose from such properties. Ownership of the “ejido” land remained withthe Federal Government at all times in order to protect such communitiesfrom losing their only estate and source of income. Consequently, membersof the “ejido” community could not formally sell or transfer the land to thirdparties; nevertheless, the Agrarian Law did authorize farmers to lease or grantusufruct over their land to third parties. The foregoing resulted in a deficientregulation of property rights in “ejido” land, the spree of irregular leases andusufruct agreements, and the consequent lack of security for private investors.

In 1992 an amendment to the Agrarian Law was passed under which acommunity could opt out of the traditional “ejido” possession regime andtransform into private property. A very strict procedure is outlined in suchamendment in order for an “ejido” community to be able to perform suchtransformation. A key item to consider is that, in principle, no statue oflimitation exists in regard to “ejido” rights, including transformation intoprivate property, consequently, this item becomes key in from a risk assessmentperspective.

Why is “ejido” land relevant?

• Mexican territory has a surface area of 196 million hectares(484,335,600 acres). 51% of such area is “ejido” land. As a reference,the land held in “ejido” regime is equivalent to the territory ofVenezuela, 1.3 times the size of Chile, 1.5 times the size of France,twice the size of Spain, and 10 times South Korea. As of 2012, only2.5% of “ejido” land has been transformed into private property andthus, chances are that a given project requiring large surface areas willbe involved with “ejido” land;

• “Ejido” communities are a result of historic events that have definedMexican idiosyncrasy and legal regime. A key item to consider at alltimes is that “ejido” communities are intimately linked with nativeindigenous communities who have dwelled in Mexican territory forcenturies. Over fifty indigenous communities are distributedthroughout the territory and are particularly active in the States ofGuerrero, Oaxaca, Chiapas, Tabasco, Veracruz, Campeche, andQuintana Roo, among others. International treaties executed byMexico provide a high level of protection to these indigenouscommunities and projects based in such areas are normally followedby international media. Consequently, community compliance isparamount when targeting properties involved in “ejido” regime andindigenous communities.

Juan Carlos Machorro G.Phone: +52 55 5279.5463 • Fax: +52 55 5280.7866

Email: [email protected]

MEXICO CITYEdificio Omega

MONTERREYING Torre Comercial América

TIJUANACorporativo Paseo

Campos Elíseos 345Floors 2, 3 and 11Col. Chapultepec Polanco11560 México, Distrito FederalTel: +52 55 5279.5400Att’n: Agustín Gutié[email protected]

Batallón de San Patricio 111Floor 11Col. Valle Oriente66269 Garza García, Nuevo LeónTel: +52 81 8133.6000Att’n: Jorge [email protected]

Av. Paseo de los Héroes 10289Floor 3, Suite 303Col. Zona del Río22320 Tijuana, Baja CaliforniaTel: +52 664 633.7070Att’n: Aarón [email protected]

l a w s o l u t i o n s

www.s-s.mx

• Commitment with the results

• Excellence in corporate law and around 40 specialization areas

• Participation in major matters of national and international interest

• Highest quality services based on ethical and professional standards

• The sophistication of our work has achieved the permanence and loyalty of our clients in the private sector, governmental agencies and non-profit associations

Real estate in Mexico • Relevance of the EjidoBy Juan Car los Machorro G.

and Héctor Garza C.

Ad_S-S_LatinFinance_Machorro_OK:Layout 1 08/02/13 10:26 Page 1