rec retail investments · louis vuitton japan richard paine head of new business, asia lend lease...

rec retail investments 201 1For Further inFormation please contact usMs. sEUNGYEON AHN / FAx: +82-(0)2-6328-5010TEL: +82-(0)2-725-9949 / EMAIL: [email protected] visit our website at www.eucck-rec.org/events & register online

If you are Interested to sponsor the event please contact seungyeon ahn, at tel: +82 2 725 9949 or emaIl: [email protected]

01 I rec retaIl Investment 2010

host: maIn supporter:

gold sponsors:networkIng dInner sponsor: sIlver sponsor: sessIon sponsors:

workshop sponsor: endorsIng partners:

endorsIng partners: medIa partners:

中购联mallchina.org

why rec retaIl Investments 2011?

today‘s real estate and retail world is increasingly looking to asia Pacific as the new powerhouse for growth where shopping malls and retailing business is emerging fast. the region boasts not only the world‘s second and third largest economies in China and Japan, but also untapped mar-kets with full growth potentials such as India, vietnam, etc. Hence asia is understandably attracting growing international attention and invest-ment inflows.

rec retaIl Investments 2011 is the only retail specific and networking event in asia solely dedicated to real estate investors, developers and retailers focusing on the new powerhouse. But the region is vast, highly segmented, fast-paced and highly competitive. For foreigners, it poses an array of unique and complex challenges, coupled with huge oppor-tunities.

In order to get a deeper market understanding this conference will pro-vide participants with an unrivaled opportunity to gain exclusive mar-ket intelligence from industry peers addressing topics such as:

What are the best strategies to invest in asian retail real estate as institutional investor? Joint ventures, direct investments, private property funds, or listed funds? What works in asia?

Where does the biggest potential lie in asia? What are the key markets and cities?

Consumer behaviors across different regions in asia What are the best strategies to invest in asian retail real estate

as an institutional investor? Joint ventures, direct investments, private property funds, or listed funds? What works in asia?

Which markets are offering the most promising returns and best lease terms? In what markets is it better to buy existing retail?

Korean retailers are going global Investment & Development Outlook

for shopping malls in Korea, Japan, Winning strategies for asian emerging markets Cultural Understanding of China’s retail market transformation

for and beyond luxury consumption

If you attend you wIll be able to: Find access to asian retail real estate markets by learning

and networking with industry peers showcase your projects and services meet with potential investors, developers and retailers

in one-to-one meetings facilitated by reC

prevIous attendees Include:abn amro asia / aIg Investments / amb property korea / angelo gordon asia / armani casa / ascendas asset management / adidas / bank of america merrill lynch / burberry korea / cartier / chanel / cJ entertainment / cJ cgv / cJ oliveyoung / cJ group / construction workers mutual aid association / costco wholesale / deusche asset management / forum partners Investment management / galeries lafayette / ge real estate / ge real estate / gimpo city urban develop-ment corporation / gs e&c / gyeonggi provincial government / h&m / hana daetoo Investment bank / hanssem / hanwha galleria / hmc Investment securities / hong kong land ltd. / Ic companys / Ifc seoul / Ikea / Ing real estate Investment management / Jaguar land rover / Jerde partnership / José damasio santos sa / kb asset management / kb real estate trust / kidZania / koramco reits & trust / korea fashion distribution / korea land & housing corporation / korea life Insurance / l real estate advisors / lend lease Investment management / levis / lg fashion / lippo Incheon development / lotte asset development / lotte corporation / lotte cp project / lotte e&c / lotte mart / louis vuitton korea / lvmh moët hennessy-louis vuitton / macquarie real estate / mcdonalds / mid valley city sdn bhd / ministry of knowledge economy / ministry of land, transport and maritime affairs / ministry of strategy and finance / mitsui fudosan / mitsui fudosan Investment advisors / mn services / morgan stanley capital / mori building / mori urban planning / mplus asset management / national pension service fund management center / nike / noblesse / nomura research Insti-tute / nomura-rIfa asset management / nt park / ortigas & company, limited partnership / pacific asset management company / pggm In-vestments / portman holdings / songdo landmark city / posco e&c / prime minister‘s office / public officials benefit association / puma / richemont / redevco asia / samsung c&t / samsung everland / samsung heavy Industries co, ltd. / samsung life Insurance / sc first bank / senayan square / seoul lite tower asset management / seoul metropolitan government / shin young / shinhan bnp paribas / shinse-gae department store / shinsegae International co. ltd / sk networks / starbucks coffee / subway International / taubman asia / the carlyle group / thomas consultants / treasury holdings china / union Invest-ment real estate asia pacific / wells fargo bank / Zara

vIsIt www.eucck.org/recor emaIl: [email protected] for more InformatIon

rec retaIl Investment 201 1 I 02

taku yamaumIDirector, real estate

Investment & Developmentlvmh moët hennessy –

louis vuitton Japan

rIchard paIneHead of new Business, asia

lend leasesingapore

robert welanetZexclusive Independent

Global retail advisorblackstone real estate

partnersChina

stanley chIngsenior managing Director, Head of real estate Group

cItIc capitalHong Kong

John chantrellexecutive manager,

Direct Property transactions and Product Development

Colonial First state global asset management

australia

mIchael yeemanaging Partner, asia Pacific retail

& Greater China Productsaccenture

China

kang Jeong kooHead of real estate

DevelopmentcJ construction

Korea

ryu, sIn-yulvice President,

Corporate Planning team, Department store Division

shinsegaeKorea

cha do yoonPresident

daesung IndustrialKorea

samantha stevensmanaging editor

retaIlinasiahong kong

barry coxDirector, site search asia

merlin entertainments group Hong Kong

kIm, song-youngvice President,

strategy & Planning DivisionemartKorea

kIm mIn geunmanaging Director,

Development Divisionlotte asset development

Korea

andrea bonardImanaging Director

la perla asiasingapore

Ian f. thomasChairman

thomas consultantsCanada

03 I rec retaIl Investment 201 1

Jao hung ahnPresident

eland groupKorea

gary barbervice President of

Growth Groupmcdonald’s korea

Korea

andrew wulvmH Group Director China,

lvmh chinaChina

mIchael choIexecutive Director

shinsegae International, Korea / senior vice President,

gap korea / senior vice President, banana republic

korea

davId blackhallDeputy managing Director

vinacapital real estatevietnam

noh, hee JInadvisor

cJ groupKorea

lee sang hoonDirector

ministry of land, transport and maritime affairs

Korea

frank khooGlobal head of asia

axa real estatesingapore

expert contrIbutors

In reC retail Investments 2011 leading investors, developers & retailers will contribute to interactive panel discussions, informative presentations, and lively debates.

expert contributors include:

John somanaging Director,

Investmentgrosvenor asia pacific

Hong Kong

chaI khIm gohmanaging Director

gcp retail management (shanghai) ltd., the retail

operating platform of gaw capital partners

China

dan seymourrepresentative Director

pacific star Japan k.kJapan

youIchI kouraGeneral manager,

Development Project Division J. front retailing co., ltd.

Japan

yoshIto kIgunagaDirector and

Chief Investment Officer mitsui fudosan frontier reIt

management Inc.Japan

naoshI ogIkuboPresident and

representative Director diamond realty

(mitsubishi corporation)Japan

lee, Jae wan

executive Director, Free economic Zone

Project Office korea land & housing

corporationKorea

barbara somogyIova Director of International sales

list fashion groupItaly

daI kwan hongGeneral manager,

Development teamyeshin group

Korea

rIchard hamIlton vice President, Development

taubman asia limitedKorea

rIchard poulosexecutive vice President &

managing PartnerJerde partnership

Usa


bernd otto hallIermanaging Director of

ehI retail InstitutePresident of the

european retail academyGermany

yang, og cheonDirector, real estate

management Divisionministry of land, transport

and maritime affairs Korea

ahn Jung Juneexecutive Director of airport

City Development Group Incheon International airport

corporation Korea

yoo, sam sul Deputy Director,

Urban regeneration Divisionministry of land, transport

and maritime affairs Korea

andreJa ptIcaksales rep. asia

kare designGermany

neelendra sInghDirector of Group retail,

Group retail Divisionadidas korea

Korea

hIdekI yasuIsenior General manager,

retail Planning Office, Urban Planning and

Development Division mori building co., ltd.

Japan

hyekgI moonteam manager

frl korea (unIQlo) Korea

george agethenHead of Capital raising

and Business Developmentharvest capital partners limited

Hong Kong

rIchard hwangmanaging Director

cushman & wakefield korea Korea

naresh naIkmanaging Director, Country Head, India

morgan stanley real estate India

kumar tharmalIngamChief executive Officer

malaysia property Incorporated (mpI)

malaysia

Joyce yapChief executive Officer – retailkuala lumpur

pavilion sdn bhdmalaysia

kwon lee, Co-Chairman

rec, south Korea

hIghlIghts FrOm 2010


networkIng dInner 201 1 HOsteD By yanGGUanG CO., ltD.

exclusIve chIna workshop HOsteD By Harvest CaPItal Partners

thursday, 8 June 2011tIme: 18:00 – 21:00venue: garden area, grand hyatt hotel

Conference delegates are cordially invited to join the netorking Dinner 2011, an exclusive networking night with wine, excellent food, and the opportunity to win luxurious prizes. this event is the perfect place to engage in some networking with key industry players.

beijing International center-crystal palace of yangguang

thursday, 9 June 2011tIme: 9:00 – 12:00venue: grand ballroom III, grand hyatt hotel

In China retail properties can be a risky area for many investors. Following previous booms, many of China‘s big cities have a surplus of retail space leading to higher vacancy rates. more supply is expected coming into the market with little upside potential for the near future in Beijing and Guangzhou. Where to invest in China? Does the biggest potential lie in second – and third-tier cities rather than in first-tier cities? related to this Harvest Capital will bring you real case studies :

What are the urbanization trends in second – and third-tier cities?

What is the year-on-year income growth in households in second-tier cities?

What cities have the biggest upside potential?

workshop leader: George agethen Head of Capital raising and Business Development, Harvest Capital Partners limited, Hong Kong


programme


conference day oneWeDnesDay, 8 JUne 201 1

chairman:Kwon lee, Co-Chairman of reC, Korea/ Partner, Kim & Chang, Korea

8:00 – 8:50 regIstratIon and networkIng tIme 8:50 – 8:55 welcome remarks8:55 – 9:00 openIng remarks

stanley C. Gale, Chairman, Gale International Korea

sessIon: retaIl outlookmoderator: samantha stevens, managing editor,retaIlinasia, Hong Kong

9:00 – 9:20 keynote presentation: „retail - driver for globalization!“speaker: Bernd Otto Hallier, managing Director of eHI retail Institute, President of the european retail academy, Germany

9:20 – 9:50 presentation: challenges and opportunities in asia from a retail perspective

speaker: andrea Bonardi, managing Director, la Perla asia, singapore

9:50 – 10:00 coffee break

sessIon: regIonal Investors round table

10:00 – 11:00 panel discussion: how to Invest in asian retail real estate this panel has gathered experienced investors in the asian retail real estate universe. Investors will not only share their strategies on how to invest in asi-an retail real estate but also provide insight on the most promising markets.

What are the best strategies to invest in asian retail real estate as institutional investor? Joint ventures, direct investments, private property funds, or listed funds? What works in asia?

What is the major difference to invest in retail compared to office? What are the major challenges to invest in asian retail real estate? Which markets are offering the most promising returns and

best lease terms? In what markets is it better to buy existing retail?moderator: Ian F. thomas, Chairman, thomas Consultants, Canada

panelists:richard Paine, Head of new Business, asia, lend lease, singapore

robert Welanetz, exclusive Independent Global retail advisor, Blackstone real estate Partners, China

stanley Ching, senior managing Director, Head of real estate Group, CItIC Capital, Hong Kong

John Chantrell, executive manager, Direct Property transactions and Product Development, Colonial First state Global asset management, australia

sessIon: consumer InsIghts

11:00 – 11:25 presentation: retail trends and consumer shopping behaviors in asia

speaker:michael yee, managing Partner, asia Pacific retail & Greater China Products, accenture, China

sessIon: development outlook

11:25 – 11:50 presentation: urban development in koreaspeaker:lee, sang Hoon, Director, Urban regeneration Division, ministry of land, transport and maritime affairs, Korea

11:50 – 13:15 networkIng lunch

stream a GranD BallrOOm 1 & 2sessIon: focus korea part 1sponsord by:

13:15 – 14:15 panel discussion: Investment & development outlook for koreasince years there was a heated debate on the investment and development opportunities for shopping malls in Korea. this special panel has gathered lea-ding investors and developers to speak about their views of the future direction of the Kore-an retail real estate market.

What areas in seoul are appropriate for new retail developments?

How to make profits in prime shopping areas in seoul given the high land costs?

What retail developments and investments have been recently made?

What is the best strategy to enter Korea as a foreign investor and developer? Is it easier to invest indirectly?

stream b GranD BallrOOm 3sessIon: focus korean government polIcIes

13:15 – 13:45 presentation: sales plan for vacated facilities of public agencies

speaker: yang, Og Cheon, Director, real estate management

Division, ministry of land, trans-port and maritime affairs, Korea

13:45 – 15:15 presentation: airport city development & Investment plan around IIa

speaker: ahn Jung June, executive Director of airport City

Development Group, Incheon International airport Corporation, Korea

15:15 – 15:45 presentation: Intro-duction of development & Invest-ment in free economic Zone

speaker: lee, Jae Wan, executive Di-rector, Free economic

Zone Project Office, Korea land & Housing Corporation

simultaneous translation will be provided in english and Korean.



sessIon: focus chIna

moderator:Frank Khoo, Co-Chairman of reC, Korea / Global Head of asia, aXa real estate, singapore

16:15 – 16:50 presentation: cultural understanding of china’s retail market transformation for and beyond luxury consumption

speaker: andrew Wu, lvmH Group Director China, lvmH China

16:50 – 17:50 panel discussion: first, second or third-tier cities? In China retail properties can be a risky area for many investors. Follow-ing previous booms, many of China‘s big cities have a surplus of retail space leading to higher vacancy rates. more supply is expected co-ming into the market with little upside potential for the near future in Beijing and Guangzhou. Where to invest in China? Does the biggest potential lie in second – and third-tier cities rather than in first-tier cities? related to this China experts will discuss the following issues:

What are the urbanization trends in second – and third-tier cities? What is the year-on-year income growth in households

in second-tier cities? What cities have the biggest upside potential? What are the best market entry strategies as an foreign investor,

developer, and retailer? How to build up relationships with experienced local property players?

are local players open for joint venture opportunities? How promising is the shopping mall format in Korea?

moderator: representative of IFC seoul (aIG Korean real estate Development yH)

panelists: yoo, sam sul, Deputy Director, Urban regeneration Division, ministry of land, transport and maritime affairs, Korea

richard Hamilton, vice President, Development, taubman asia limited, Korea

Kang Jeong Koo, Head of real estate Development, CJ Construction, Korea

ryu, sin-yul, vice President, Corporate Planning team, Department store Division, shinsegae, Korea

Cha Do yoon, President, Daesung Industrial, Korea

14:15 – 15:15 panel discussion: korean retailers are going globalWe have witnessed that more and more Korean retailer groups have started to expand outside of Korea based on the increasing demand for Korean food and fashion. However, the evolution of the Korean re-tail expansion is a relatively new concept among Korean retailers. this exciting panel will provide delegates with an unrivaled opportunity to learn from their experiences:

How seriously are Korean retailers looking at expanding overseas versus domestically?

What are the key criteria for Korean retailers going overseas? What retail format is preferred? Is it a country-specific issue? Which locations and formats present the best opportunities?

moderator: richard Hwang, managing Director, Cushman & Wakefield Korea, Korea

panelists:noh, Hee Jin, advisor, CJ Group, Korea

Kim, song-young, vice President, strategy & Planning Division, emart, Korea

Jao Hung ahn, President, eland Group, Korea

Kim min Geun, managing Director, Development Division, lotte asset Development, Korea

15:15 – 16:15 korean retail round tablesponsored by:

In the Japanese retail market fast fashion brands and mid-market brands have recently entered and performed very strongly. In addition, sales in department stores have been declining, whereas shopping malls and casual brands showed a strong performance. Based on the strong corre-lation of the Japanese and Korean markets can we expect similar trends in Korea? this exciting panel discussion will discuss the following issues:

Is there a shift of consumer preference from luxury to casual among Korean consumers?

What are the Korean consumers spending habits and future trends? Which retail spots in seoul are best for fast fashion, mid-market

& luxury brands? What retail formats work best?

moderator: miah yang, Director of retail advisory & marketing, savills, Korea

panelists:Gary Barber, vice President of Growth Group, mcDonald’s Korea, Korea

michael Choi, executive Director, shinsegae International, Korea / senior vice President, GaP Korea / senior vice President, Banana republic Korea

Hyekgi moon, team manager, Frl Korea (UnIQlO), Korea

neelendra singh, Director of Group retail, Group retail Division, adidas Korea, Korea

10:00 – 10:10 coffee break

sessIon: retaIl formats & conceptsInnovative retailers, Operators and Developers present their concept, development and brand strategy. If you are a shopping centre owner, developer, or retailer looking for the right partner you should attend this matchmaking session.

moderator:James assersohn, associate Director, retail services, Cushman & Wakefield Korea, Korea

10:10 – 10:30 concept: kare designKare is a lively lifestyle concept with a unique mix of furniture, lighting, furnishing accessories and gift articles. today the „Kare Design“ glo-bal brand covers a network of numerous Kare shops, more than 45 franchise partners, international sales offices, in-house designers and producers in over 60 countries. this presentation presents the brand, its product range and introduces the Franchise system to asian markets.

speaker:andreja Pticak, sales rep. asia, Kare Design, Germany

10:30 – 11:50 codes combine, korea Codes Combine is a Korean sPa brand s launched in 2002 on its way to become global. the brand constantly strives to be a fashion leader meeting new demands at reasonable prices. there are 8 sub brands in-cluding Codes Combine kids, accessories, innerwear and etc. In march 2008, the first codes combine flagship store opened at Huaihai road, shanghai. now there are 23 codes combine lady’s wear shops around China. If you are interested to get an innovative Korean retailer in your mall you should not miss this session.



panelists:George agethen, Head of Capital raising and Business Development, Harvest Capital Partners limited, Hong Kong

John so, managing Director, Investment, Grosvenor asia Pacific, Hong Kong

Chai Khim Goh, managing Director, GCP retail management (shanghai) ltd., the retail operating platform of Gaw Capital Partners, China

Dan seymour, representative Director, Pacific star Japan K.K, Japan

17:50 closIng remarks conference day 1

18:00 – 21:00 networkIng nIght

conference day twotHUrsDay, 9 JUne 2011

chairman:Frank Khoo, Co-Chairman of reC, Korea / Global Head of asia, aXa real estate, singapore

8:00 – 8:55 regIstratIon and networkIng tIme

8:55 – 9:00 openIng remarks

sessIon: focus Japan

9:00 – 10:00 panel discussion: where to find the right opportunities in a maturing Japanese retail market?From 1980 until 2010, Japan‘s average quarterly GDP Growth was 0.55 percent. Japan‘s industrialized, free market economy is the second-lar-gest in the world. Its economy is highly efficient but it has become a ma-ture industrial economy. Based on the slow growth of the economy the major challenge will be to find the right opportunities and the creation of unique products. this panel has gathered leading retail developers and investors from Japan to address the following issues:

Where are the investment and developing opportunities in Japan? What are the key challenges?

Core retail areas vs. suburban areas What are the future trends of various retail formats? What retail formats will survive in the future – shopping malls,

Department stores, or mixed use?

moderator: taku yamaumi, Director, real estate Investment and Development, louis vuitton moet Hennessy (lvmH), Japan

speaker:Hideki yasUI, senior General manager, retail Planning Office, Urban Planning and Development Division, mori Building Co., ltd., Japan

youichi KOUra, General manager, Development Project Division, J. Front retailing Co., ltd., Japan

yoshito Kigunaga, Director and Chief Investment Officer, mitsui Fudosan Frontier reIt management Inc., Japan

naoshi Ogikubo, President and representative Director, Diamond realty (mitsubishi Corporation), Japan

9:00 – 12:00 exclusive china workshop (Grand Ballroom 3)hosted by:

In China, retail property investment can be a risky area for many inve-stors. Currently, many of China‘s big cities are experiencing a building boom in the retail sector and more supply is expected to come onto the market. Where should you invest in China? How do you manage your risks? Does the bigger potential lie in second and third-tier cities rather than in first-tier cities? related to this, China state-owned, Harvest Capi-tal (asia Firm of the year 2010), will bring you a detailed interactive work-shop, comprising first-hand detailed market knowledge and real case studies focusing on:

Update on the Chinese retail sector and major cities Overview of second-tier cities two Case studies of shopping mall developments in leading

second tier cities – learn how to do develop and invest in China

workshop leader: George agethen, Head of Capital raising and Business Development, Harvest Capital Partners limited, Hong Kong


presenter:Hong Dai Kwan, General manager, Development team, yeshin Group (Codes Combine),Korea

10:50 – 11:10 list fashion group, ItalylIst Brand is currently present on 3 continents and in 22 countries. From montreal to Dubai, from lisbon to riyadh, the lIst brand delivers a cohe-rent message: trendy Italian fashion at surprisingly affordable prices. this presentation by lIst’s Director of International sales will highlight lIst’s franchise development strategy for expanding into asia.

presenter:Barbara somogyiova, Director of International sales, list Fashion Group, Italy

sessIon: development outlook

11:10 – 11:30 presentation: leisure – a key component for successful shopping malls

speaker:Barry Cox, Director, site search asia, merlin entertainments Group, Hong Kong

sessIon: focus emergIng markets asIa

11:30 – 12:30 panel discussion: winning strategies for asian emerging marketsthis panel will discuss the rise of the emerging markets in asia. Despite challenges in operating in these areas – such as domestic competition, language barriers, legal structure, emerging markets prove more and more to be attractive for retailers. emerging markets experts from India, vietnam, malaysia, and Indonesia, will explain how these territories may benefit your business.

What are the opportunities for developers and retailers who want to get into those emerging markets?

How are investors and developers dealing with unorganized market structures such as pop up stores and street shops

What are the government requirements and the regulatory barriers in emerging markets

What are the major differences to developed asian countries?

moderator: richard Poulos, executive vice President & managing Partner, Jerde Partnership, Usa

panelists:Joyce yap, Chief executive Officer – retail, Kuala lumpur Pavilion sDn BHD, malaysia

naresh naik, managing Director, Country Head, India, morgan stanley real estate, India

Kumar tharmalingam, Chief executive Officer, malaysia Property Incorporated (mPI), malaysia

David Blackhall, Deputy managing Director, vinaCapital real estate,vietnam

12:30 – 13:00 networkIng lunch



marketIng OPPOrtUnItIes

why you should sponsor?since the reC is the leading organizer of topic specifc real estate con-ferences in Korea, sponsors can benefit from:

brand posItIonIng reC is the leading industry body in Korea Positioning of company brand with other Industry leaders Biggest event in Korean retail real estate market

brand awareness Garner media interest and buzz powerful Pr opportunities

based on our media network Use event as platform for presenting company professionalism &

expertise in front of industry leaders,

busIness development Develop new business partners who are excited

about your projects and services strengthen existing relationships attract highly-targeted, qualified audiences

networkIng establish strategic partnerships networking with Industry Peers Identify potential customers and opinion leaders

what we offer?exhibition booth programmereC retail Investments offers various standardized booth designs for displaying your project or service. exhibitors can not only enjoy easier access to investors and retailers but also have the opportunity to pre-sent their business cases effectively.

sponsorship programmethe sponsorship Programme offers a wide range of benefit packages related to different financial commitment levels. all sponsorship pa-ckages are based on an international and integrated marketing com-paign where sponsors can benefit from excellent market exposure, ef-fective marketing positioning, and brand awareness.

If you are Interested to learn more about the marketIng opportunItIes please contact:Ms. sEUNGYEON AHNTEL: +82-(0)2-725-9949 EMAIL: [email protected]


host, supporter, sponsors and partners

networkIng dInner sponsor: yangguang co., ltd.yangGuang Co., ltd. is a public company listed on the shenzhen stock ex-change since 1996. (stock Code: sZ.000608). In 2006, yangGuang signed an investment agreement with reco shine Pte ltd. , which is a subsidiary of GIC real estate Pte ltd., and became the first a-share listed real estate company in China with a foreign investor being its major shareholder.yangGuang focuses on holding, investing, leasing and managing the operations of commercial real estate, while at the same time being invol-ved with the development and management of high-end apartments, hotels, office buildings, and urban complexes. In order to establish a com-petitive advantage in the commercial real estate industry, our company strives to integrate commercial resources to create a model that covers investment, planning, development, and the business operations of the entire process. the company is committed to maximizing returns for inve-stors, providing the best benefits for its tenants, and creating enjoyable

shopping experience for consumers. With more than ten years of profes-sional experience in real estate development operations, the company has set up a business scale that focuses on development around the Bohai sea region, while at the same time emphasizing nationwide de-velopment and expansion. as of December 2010, the company owned and managed a total of 26 large-scale commercial real estate projects, covering a total floor area exceeding 1.5 million square meters. taking into account all these accomplishments and plans, yangGuang is steadily marching towards the ultimate goal of “becoming China’s leading com-mercial real estate group”.

gold sponsors: aIg korean real estate development yhaIG Korean real estate Development yH is the Developer of the 507,000 square meters’ International Finance Centre seoul in yeouido. IFC seoul is a mixed-use project consisting of three office towers totaling 327,000 square meters of Class a leasable office space, 3 levels of retail at IFC mall, the Conrad seoul, a five-star business luxury hotel, 320 meter long subway connection and four levels of underground parking. IFC seoul, one of the first integrated large-scale real estate development projects in Korea undertaken by an international consortium, is a key component in the seoul metropolitan Government’s plan to position yeouido as a re-gional financial center. IFC seoul started construction in the first quarter of 2007 and is expected to complete the entire project by mid-2012.

host:real estate corea (rec) real estate Corea (reC) of the european Union Chamber of Commerce in Korea is one out of the 28 industry specific working committees. reC has become the leading representative body for foreign real estate companies in Korea and was established in november 2006. the major purpose of reC is to improve the business environment for members by facilitating the dialogue between the real estate industry and the diffe-rent arms of the central government. In addition, reC’s activities include providing accurate information to foreign investors through meetings, conferences, and publications in order to stimulate more growth of the real estate industry.

maIn supporter:the mInIstry of land, transport and marItIme affaIrs (mltm)the ministry of land, transport and maritime affairs (mltm) has made gre-at endeavors to raise the national competitiveness by fulfilling its duties in the fields of territory planning, city development, construction, water resources, transport and logistics, and maritime affairs. In particular, mltm has mainly focused on increasing sOC investments to early overcome the current economic crisis, implementing policies to stabilize public hou-sing supply and prices, fostering marine industries, and boosting regional economy. In addition, it has placed priorities on such projects as the Four major rivers restoration Project and water resources project for new territorial development, and the expansion of green growth and new growth engines.

taubmanFounded in 1950, taubman Centers, is a real estate investment trust en-gaged in the development, leasing and management of regional and super regional shopping centers. taubman‘s 26 U.s. owned, leased and/or managed properties, the most productive in the industry, serve ma-jor markets from coast to coast. taubman Centers is headquartered in Bloomfield Hills, michigan and its taubman asia subsidiary is headquar-tered in Hong Kong. taubman asia opened a seoul office in 2006 to pursue opportunities in the Korean market. taubman asia focuses on ow-ning, managing, developing and acquiring high-quality and sustainable retail real estate projects in asia that leverage taubman’s strong retail planning, design and operational capabilities.


workshop sponsor:harvest capItal partnersHarvest Capital Partners is a unique investment firm that specialises in real estate funds focused on Greater China. Harvest Capital is a subsidiary of the China resources Group, a leading state-owned conglomerate (ow-ned by the central government of China) with over 70 years of operating history and total assets of over UsD60 billion. this gives Harvest Capital unparalleled access to relationships with developers, owners, operators, banks and government agencies in China’s real estate sector. Currently, Harvest Capital manages 5 funds with a combined equity under ma-

nagement of UsD1.8 billion. We have a solid track record in the full pro-perty investment cycle, from raising capital and developing properties to managing these assets, exiting from our investments and returning capital. Harvest Capital is one of the few China real estate investment managers that have delivered 20% Irr for our investors since 2006. Our in-vestments cover all sectors of real estate, including two dedicated retail property funds. What makes us different is our hybrid business model, in that we not only invest capital but also get actively involved in develo-ping and managing properties. this allows us to add significant value to our projects, which we would not be able to do if we were simply passive investors

sessIon sponsors:savIlls savills was established in 1855 and is a leading global real estate service provider listed on the london stock exchange. the Company has a rich heritage with unrivalled growth. savills is a company that leads rather than follows, with more than 200 offices and associates throughout the americas, europe, africa, the middle east, and the asia Pacific. In asia Pacific, savills was established in Hong Kong in 1981, and has rapidly grown to employ over 18,000 professionals in 40 offices throughout the region. In Korea, savills has a history dating from 1994, and is regarded as a premier real estate consulting, transaction, and advisory company.

sIlver sponsor: gale InternatIonalGale International is a premier, global real estate development and in-vestment company dedicated to creating dynamic environments in which people live, work and thrive. With roots that date back to 1922, the company is the culmination of decades of experience in commercial, mixed-use and residential developments. Gale International continues to make an indelible mark on the world‘s skyline, from landmark towers to city-scale development. Gale International currently has 26 projects in development throughout north america and asia, including the song-do International Business District (IBD), a 1,500 acre, $35 billion city located in south Korea. songdo IBD has been heralded as the world‘s first „green city,“ built with state-of-the-art technology, in adherence to strict stan-dards of environmental sustainability. Gale International is recognized as a global leader in sustainable city-scale development, operating out of headquarters in new york with offices across north america and asia

daesung D-cube City, the first 51-story landmark in shindorim, creates art out of urban scenery! D-cube City is a beautifully designed architectural land-mark, bringing harmony between indoor and outdoor spaces. With oval-shaped offices, four exotic lantern shaped shops and D-cube Park, an outdoor garden where nature and city is fused together harmoniously. a new life style will be born in attractive southwestern seoul, becoming the symbol of life and culture for young generations to come. the dramatic transformation in shindorim will create a buzz in southwestern seoul. D-cube City creates a vital commercial link through yeongdeungpo bet-ween yeoido and shindorim. expect exciting changes and a new world at D-cube City, the cultural oasis in sindorim. D-cube City, the new cultural hub of seoul.

endorsIng partners:

medIa partners:

中购联mallchina.org

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