RICS Distressed Property and Insolvency Conference

Organization: RICS

Venue: The Kensington Close Hotel & Health Spa

Location: London, United Kingdom

Event Date/Time: Jun 20, 2013 / 9:00 am - (GMT) End Date/Time: Jun 20, 2013 / 4:30 pm - (GMT)
Registration Date: Jun 19, 2013
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Description

In the current uncertain economic climate, the market has seen several high profile insolvencies of property owners, developers and occupiers. Tenant insolvency has often been in the headlines, particularly in the retail sector with household names including HMV and Woolworths which have ceased trading or have entered into a pre-pack administration.In the current uncertain economic climate, the market has seen several high profile insolvencies of property owners, developers and occupiers. This annual conference will address the complexity of insolvency law with explanations on the functions of lawyers, LPA receivers, administrators and receivers to help you manage your working relationships and streamline your processes to effectively manage your property portfolio.

Examine the economic background and implications for valuers, insolvency practitioners and surveyors and provide solutions with the remit, work and success of the High Street property taskforce. Plus hear from Nationwide Building Society on bank restructuring policies and the implication for distressed properties.

Venue

Organizations

RICS
Parliament Square
London
SW1P 3AD
United Kingdom

Conference Speakers

Professor Barry Gilbertson, Barry Gilbertson Consultancy

Mark Batten, Partner, PricewaterhouseCoopers

Simon Rubinsohn, Chief Economist, RICS

Andrew Blackshaw, Director, Deloitte LLP

Jon Gershinson, Managing Partner, Allsop LLP

Neil Smyth, Partner, Taylor Wessing

Andrew Blackshaw, Director Deloitte LLP

Davinder Jhamat, Head of Research and Education, British Council of Shopping Centres

Matthew Hopkinson, Director, Local Data Company

Bill Gloyn, Partner, European Real Estate and Construction, JLT Specialty Ltd

Steven Clegg, Nationwide Building Society

Additional Information

0900 Registration

0930 Chair’s opening remarks Professor Barry Gilbertson, Barry Gilbertson Consultancy

0940 Non core debt and distressed portfolio

  • What’s currently motivating the lenders?

Mark Batten, Partner, PricewaterhouseCoopers

1010 The current state of the UK market and the future for property

  • Where will commercial property prices go in the future?
  • Impact on future levels of insolvencies
  • Will regional differences emerge within cities?
  • Property prices in the retail sector

Simon Rubinsohn, Chief Economist, RICS

1040 Q&A

1100 Networking refreshments

1120 Interaction between administrators and receivers

  • Explaining their functions and responsibilities
  • How to the various parties work together

Andrew Blackshaw, Director, Deloitte LLP

1150 Why receivers and solicitors work as a team

  • Roles and responsibilities
  • Drawing on each other’s skills and experiences
  • Both need specialised expertise

Jon Gershinson, Managing Partner, Allsop LLP Neil Smyth, Partner, Taylor Wessing

1230 Q&A

1245 Lunch

1345 The High Street – a metaphor for the market

  • Current economic climate in the High Street

Andrew Blackshaw, Director Deloitte LLP 1405 What is the High Street property taskforce?

  • Background, remit, success
  • What is RICS' involvement?

Davinder Jhamat, Head of Research and Education, British Council of Shopping Centres

1425 Vacant retail property

  • Statistic and implications for the market

Matthew Hopkinson, Director, Local Data Company

1500 Insuring vacant property

  • The basic need for insurance
  • Working with insurers to achieve the best outcome
  • The insurance market views on vacant property
  • Overcoming the problems facing the owner and the bank
  • Issues with tenanted but vacant properties
  • Complying with insurer’s requirements - are there any acceptable shortcuts?

Bill Gloyn, Partner, European Real Estate and Construction, JLT Specialty Ltd 1525 Networking refreshments

1540 Bank restructuring policy

  • Working with borrowers and administrators

Steven Clegg, Nationwide Building Society

1610 Q&A

1620 Chair’s closing comments

1630 Conference close