With a new year comes new opportunities, challenges, goals and outlooks. Already, 2018 seems to be bringing with it a shifting political landscape where, for now, South Africa appears to be taking baby steps along the path towards better sentiment.
Governance, in both the public and private sector, has dominated January's news headlines. So too have several property deals that may mark an emerging trend for global consolidation in the sector.
One of these is the USD16bn deal in which France's Unibail-Rodamco is buying Westfields, the Australian shopping centre owner which has made its name in Europe and the USA. The planned tie-up of the two will create the world's largest shopping centre operator. Bloomberg reports it was the biggest takeover of a company in the Asia-Pacific region last year and the largest ever in Australia.
Responsible for overseeing the investments of Unibail-Rodamco, the company's CFO, Jaap L. Tonckens, will headline the SA REIT Conference 2018 and explore the latest REIT trends and investor sentiments.
This insight couldn't come at a better time. South Africa's flagging domestic economy has prompted our sector to explore far-off shores, mostly in Eastern and Western Europe. With local challenges driving an increasingly international mindset for the sector, the third SA REIT Conference, sponsored by Nedbank CIB, will again arm delegates with essential perspectives on immediate and future influences, trends, opportunities, challenges and innovations both locally and globally.
The SA REIT Conference is a masterclass with exclusive access to local and global property leaders. The gathering, which has proven to be of powerful significance to the sector, offers a full programme of pertinent topics delivered by the sharpest minds in their fields.
The compact, one-day format makes is designed to be of value and importance to both executive teams and non-executive directors as well as partners to the sector.
The SA REIT Conference has already received an enthusiastic delegate response. Seats are limited and we suggest that you secure your place soon to avoid disappointment.
The SA REIT Conference 2018 takes place on 15 March 2018 at the Sandton Convention Centre. The cost per delegate is R 5 500 excluding Vat.
To register, please click here.
Chairman: Marketing Committee
SA REIT Association