This document announces a breakfast seminar on investing in Spanish property markets hosted by Property Investor Europe on February 12, 2015 in London. It features a panel of experts who will discuss opportunities and issues in Spain's real estate market, including representatives from Moody's Analytics, JLL, Hispania Activos Inmobiliarios, and Durendal Ventures. Attendees can register on the PIE website or by email for the event, which will involve a panel discussion, networking, and coffee.

1. ALLAN SAUNDERSON MODERATOR
Managing Editor - Moderator, Property Investor Europe
Spain became one of the hottest markets in pan-Europe last year, and 2015 is unlikely to be different. Investors
have identified a fast-rising price and occupancy cycle, and the IMF has just confirmed that housing is bottom-
ing out - even while macro indicators are improving and many REIT/SOCIMIs are launching. PIE’s Spain Break-
fast will update London capital allocators on the key issues of value, opportunity and access in this exciting
market! Join us! Register today through the PIE website, or email events@pie-mag.com
PETR ZEMCIK Speaker
Director, Economic Research, Moody’s Analytics, London
Moody’s Analytics, a unit of Moody’s Corporation, is a leading global provider of data, analysis, modeling and
forecasts on national and regional economies and credit risk. Dr. Zemcik is responsible for analysis, modeling,
and forecasting in Europe, and also supervises real-time coverage for the Dismal Scientist website. He previ-
ously worked at CERGE-EI in Prague, a joint project of the Center for Economic Research and Graduate Educa-
tion of Charles University and the Economics Institute of the Czech Academy of Sciences.
MAURICE KELLY Speaker
Head of Office Capital Markets, Madrid, JLL, Spain
GlobalrealestategroupJLLemploysover48,000staffin70nations,andinSpainisoneofthelargestadvisers.Mr.Kelly
is responsible for international investors on both buy and sell side. He has extensive experience in investment and de-
velopment land transactions, having valued and sold over €1.5bn of land. He was part of the team that disposed of
Ireland’s largest site ever for €412m. Joining JLL Spain in 2008 he has been involved in numerous transactions in both
MadridandBarcelona.HehasaBachelorofScience(BScSurv)fromTrinityCollege,Dublin,andisamemberofRICS.
CRISTINA GARCIA-PERI Speaker
General Manager, Hispania Activos Inmobiliarios, Madrid
Hispania REIT/SOCIMI was floated in March 2014 with €550m in equity by independent fund manager Azora.
In addition to her role at Hispania, Ms. García-Peri is head of corporate development for Azora. She previously
worked with Merrill Lynch and JP Morgan where she started her career in investment banking. She held vari-
ous positions in MA and was MD responsible for corporate equity derivatives EMEA and equity capital mar-
kets Spain and Portugal. She holds a B.A. in Economics from ICADE and an MBA from Harvard Business School.
THOMAS EZIO BONETTI Speaker
Managing Partner, Durendal Ventures, New York, Miami, Marbella
A private equity and advisory group with its European affiliate based in Marbella. Durendal’s activities in-
clude real estate, MA, broker/dealer, and consulting. Mr. Bonetti’s career began in Silicon Valley, later serv-
ing in senior management with Verizon (NY, Hong Kong, Rome, Brussels). Thereafter directing a private eq-
uity firm in Monte Carlo, including a JV with the George Soros Group and Monaco’s Sovereign Wealth Fund.
He has participated in three IPOs and transactions in excess of €5bn in 40 countries.
EUROPEAN REAL ESTATE INTELLIGENCE FOR US GLOBAL INVESTORS
Property Investor Europe proudly presents the latest in its expert seminar series:
Spain Property Breakfast
Big Capital continues to pour into Spain but where are the value opportunities in 2015?
SPEAKERS:
Date: thursday, 12 February 2015 | LOCATION: London City
ENTRY FEE: PIE PREMIUM subscribers enter free to all PIE Breakfasts. Non-subscribers: Early Bird £62.50*.
Normal price £80*. *Prices plus 20% UK VAT if applicable. Early bird rate closes 16 January 2014.
Date Location:
Thursday, 12 February 2015
Location: Paul Hastings (Europe),
Ten Bishops Square, London, E1 6EG
SCHEDULE:
8.00 a.m. Networking Snacks
8.30 a.m. Panel discussion
10.00 a.m. Coffee/Networking
Registration open on
www.pie-mag.com/events
or Email: Gaby Wagner on
events@pie-mag.com
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Photo:istockphoto.com

2. Spain Property Breakfast
A series of Expert Seminars providing deeper insight into
mainland Europe real estate investment
This event: Thursday, 12 February 2015 – London
REGISTRATION FORM
Please submit a separate form for each delegate. For security reasons, all information is required.
Registration closes at end of day, Wednesday 11 February 2015
Last Name First Name
Job Title
Company
Address
Postcode Country
Phone Fax
Email
Fees | Please tick to indicate
Register before 11 February 2015
❏ Yes, please register me to attend. I would like to claim my PIE subscriber free entry.
❏ Yes, I wish to benefit from the Early Bird rate (registration before 16 January 2015).
My cost is £62,50 (plus VAT @ 20% = £75 total)
❏ Yes, please register me to attend. My cost is £80 (plus VAT @ 20% = £96 total)
I am agreed that my contact details are passed on to the sponsors of the panel discussion. I am aware that a recording of this event may be made for the purpose of a
podcast.
Please tick appropriate payment method
❏ Payment by cheque enclosed.
(Please make payable to PIE (PFE GmbH) and post, together with the completed registration form)
❏ I authorise Property Investor Europe to charge my credit card
Please select card type ❏ Visa ❏ MasterCard ❏ American Express
Credit Card Number Expiry Date
Security Number Signature as it appears on the card
Fax the completed registration form to +49 (0) 69 244 333 209
or post to Property Investor Europe, Friedrich-Ebert-Anlage 36, 60325 Frankfurt/Main, Germany
Registrations are non-refundable. If a registrant is unable to attend, substitutions are accepted.
For questions regarding this event, please contact Gaby Wagner
on Email events@pie-mag.com or tel +49 (0) 69 244 333 127
EUROPEAN REAL ESTATE INTELLIGENCE FOR US GLOBAL INVESTORS