Date: 15th September 2022 Venue: Hotel InterContinental Budapest
There is no relief in the world, but real estate remains a safety(?). The effects of Covid are still not final on the office market; the shade of recession, the depressing inflation, the unpredictability of construction, rising financing costs, the war and many connected areas have turned the real estate market into a crazy and risky boardgame. Let us find sustainable and profitable paths in the market’s jungle.
08:40 - 08:50
08:50 - 09:00
Professional welcome speech and positive thoughts for the following period
People:
09:00 - 09:15
09:20 - 09:40
A new starting line for the profession – Real estate market panorama
People:
09:40 - 09:55
The future of the Liget project – The impact of this large-scale cultural development on the evolution of urban fabric
People:
09:55 - 10:45
The Hungarian real estate market on a rollercoaster
Chair: Szilárd Kui, Local Partner, DLA Piper
Conversation participants:
What will happen to the office market? What will happen to ongoing and planned developments, the renovation and restructuration of the existing stock? What trends are seen in the regional comparison? What are our competitive edge and growth potential? What solutions can provide a more cost-efficient and greener operation simultaneously?
10:20 - 11:05
Tightrope walking on the office market
Chair: Ágnes Szentpály, Director, Head of Property Management, CBRE
Conversation participants:
11:05 - 11:20
Rethink the way of renting an office: time for a digital change
People:
11:20 - 12:05
CEE – A regional overview
Chair: Dániel Ódor MRICS, Partner, Taylor Wessing
Conversation participants:
12:05 - 12:50
Where will the funding come from, and at what price?
Chair: Tamás Nagy, Head of the Financial System Analysis Directorate, Hungarian National Bank
Conversation participants:
The macroeconomic environment, both in a wider and narrow sense, has a profound impact on the potential of the domestic real estate market. Investors’ and financiers’ risk policies and their ideas about the industry are of key importance. And politics, as we have experienced in the last few years, in some cases, are the most critical incentives (building new apartments through a housing benefit scheme), and with their pro-cyclical development policy, they can also be an unbeatable competitor to the market players. Balance could be the keyword, and it would be best to find it as soon as possible.
11:10 - 11:50
Macro-overview and war economic policy – What will it bring to the housing market?
Chair: Zoltán Bán, CEO, Net Média Zrt. (Portfolio Csoport)
Conversation participants:
11:50 - 12:05
A message from the future! – Innovative measurement solutions
The real overhead reduction starts with metering. A meter-based, transparent, and casual billing of water, heating and cooling energy, and electricity used within the building is now a basic requirement for tenants and the basis for long-term cooperation (investor confidence). Let’s see the solutions!
People:
12:05 - 12:50
Future of FM/PM - Overhead crisis in focus 2.0, energetics, cost reduction, and greening
Chair: Dániel Pintér, Associate Director / Property & Project Management, ESTON International
Conversation participants:
We are inviting our guests for lunch for a more extended period, from noon until half-past two, in the restaurant on the ground floor and upstairs exhibition space!
This part of the programme is available only on-site and will not be transmitted online.
11:00 - 11:40
Are we back to 2008? – Appraisal in the spotlight X RICS
Conversation participants:
12:00 - 12:40
Makro workshop - Q & A
Conversation participants:
14:00 - 14:40
Retail workshop – What are the times ahead?
Chair: János Kui, CEO, Marketing Resolution Kft.
Conversation participants:
15:00 - 15:40
Future of "Human" Office - Az irodapiac emberi oldala
Chair: Tibor Remete, Strategy and Creative Director, Super Channel Kft.
People:
Risks, volatility, inflation, uncertainty. You will need a strong nervous system for making longer-term investment decisions, while market participants are also under increasing pressure to deliver returns. Which are the best products? Is there an actual demand for greening and other values, or is there simply “ESG-washing”? Has the hotel sector returned? What development and investment potential does the sector most affected by the epidemic offer?
13:30 - 14:15
Investment market – Yield hunting – ESG – Predictability – Money is looking for its place, but where will it be?
Chair: Bálint Botos CFA, Managing Partner, Forestay RE Fund Management
Conversation participants:
14:15 - 14:50
Hotel market – Are we back?
Chair: Márton Takács, International hotel and tourism industry leader, Moore Hungary
Conversation participants:
14:50 - 15:20
How big an opportunity for the market is the brutal inflow of foreign working capital?
Chair: Ádám Székely, Managing Director, Owner, InfoGroup
People:
The construction industry, implementation, or construction management cannot get out of the focus; in fact, they are needed more than ever. Although many would be glad if they could do their job quietly, at a planned pace, with adequate supplies and predictable costs in the problematic implementation process, today, this is merely a dream for most.
Meanwhile, the market for new apartments is at a crossroads. The phasing out/extension of the support scheme raises more questions than answers at the moment. The brownfield lands have the game in their hands. If everything stays as is, the term “brownfield land” will become the most popular housing market buzzword in the years to come.
13:50 - 14:05
What do we have energy for; that is, how energy-conscious is the Hungarian population?
People:
14:05 - 14:50
Dark clouds above our heads – This is how the Hungarian construction industry will be saved!
Chair: Gábor Kiss, Managing Director, Metrodom Kivitelező Kft.
Conversation participants:
14:50 - 15:05
Mandatory warranty error handling after delivery – efficient, traceable, software-based
Case study. Housing estates of Biggeorge Property are popping up in many parts of Budapest, but the contractor’s work does not end with the delivery of the apartments. But how do we manage the mandatory warranty issues, so subcontractors and occupants always have the correct information? In the presentation, we look back at the first year and look for the response to the question of whether it was worth investing in such software.
People:
15:05 - 15:50
Housing market – Rust or nothing? – Is there a life beyond Budapest?
Chair: Gábor Soóki-Tóth MRICS, Head of CEE Residential Working Group, RICS
Conversation participants:
It is not possible for nothing to happen at all. That is why the development market cannot stop and freeze completely. Meeting the latest expectations of tenants, customers, regulators, investors, financiers, and planners is a complex and complicated task. Nowadays, it is no longer enough to design and build buildings that are in good technical condition and of average design. Today, brands, ecosystems, communities, millions of smart features and complex mini-worlds need to be produced, while companies focus on and exceed sustainability and ESG requirements to gain a competitive advantage.
15:40 - 15:55
The five main advantages of BIM-based digitalised facility management
People:
15:55 - 16:25
New vs rebuilt office buildings!
Chair: Valter Kalaus MRICS, Managing Partner, Newmark VLK Hungary
Conversation participants:
16:25 - 17:05
“Concept of the Year” speeches and vote
16:25 - 16:35
Secrets of water
People:
16:35 - 16:45
Nhood project presentation
People:
16:45 - 16:55
The city centre’s first "Well Platinum" project is on the way! – What potential does the building offer?
People:
16:55 - 17:05
Property Market project presentation
People:
A thriving industrial and logistics sector and an ambitious vision for the future. Despite the existing and ever more pressing difficulties and challenges, life and the market do not and cannot stop, as there is much to be done, even if new projects may be launched and implemented in smaller numbers if utilisation and functions change. As a responsible developer, investor, and market player of any kind, the transformation of existing stock and the identification of well-specified improvements should be a priority. Sustainable growth is on the way(?).
16:10 - 16:55
Industry and logistics properties – The special attention remains
Chair: Ádám Székely, Managing Director, Owner, InfoGroup
Conversation participants:
16:55 - 17:40
Let’s see clearly! – The future of the real estate market in Hungary
Chair: Gergely Ditróy, Analyst, Portfolio
Conversation participants:
Giving out prizes awarded by a jury of eminent members of the profession and the audience award. Members of the jury:
Stay with us after the technical programmes, join us in cheering the real estate industry’s top performers at the awards ceremony and toast the winners at the standing reception afterwards!
We will help to create a good atmosphere with gourmet snacks and a wide selection of drinks. Thanks to Atenor, the popular Gin&Tonic bar will have a central role again this year. The OTP Bank will provide a champagne bar, and after the daytime coffees, 3E International will offer Prosecco tasting in the evening. Rézangyal will provide the pálinkas again, and the wine selection will be brought to us by Jammertal Wine Estate. We look forward to welcoming you!
