While most European cities saw little or no growth in hotel occupancy rates in 2012 due to economic headwinds, some cities thrived with double-digit growth in revenue per available room (RevPAR). Dublin and Prague saw over 10% RevPAR growth, followed by St. Petersburg, Berlin, Paris, and Moscow with growth between 8-10%. However, RevPAR growth is expected to slow across Europe in 2013 as the weak eurozone economy continues to pose challenges. Some cities may see declines in occupancy and room rates.
http://pwc.to/VHTFIx
En raison de la crise économique qui se prolonge, la croissance du RevPAR va se ralentir en 2013, mais de façon très contrastée, selon l’étude annuelle de PwC sur le marché de l’hôtellerie dans 19 villes européennes.
The document provides forecasts for occupancy, average daily rate (ADR), and revenue per available room (RevPAR) for 19 major European cities in 2013. It finds that RevPAR growth will slow across Europe due to economic headwinds. However, some cities may "thrive" with RevPAR growth above 3%, including St. Petersburg, Moscow, Paris, Frankfurt, Berlin, and Dublin. Other cities may struggle more and see RevPAR declines, such as London, Madrid, Amsterdam, Zurich, Brussels, Rome, and Geneva. Overall, 2013 is expected to be a challenging year for European hotels due to continuing economic uncertainty.
The hotel industry prior to Yotel's launch in 2007 was a highly competitive red ocean characterized by:
1) Thin margins and intense price competition among major global chains for market share in Europe and US which accounted for over 70% of the $472 billion industry.
2) The UK hotel market saw lackluster 1.2% growth and increased room capacity and refurbishments, exacerbating competition.
3) Hotels competed primarily on price, location, and efficiency while threats from new entrants was moderate due to high capital costs and sustaining differentiation in a saturated market. Yotel aimed to create a blue ocean by reimagining the hotel experience.
Outlook on Online Display Advertising Trends by Clipperton FinanceClipperton Finance
1. Online display advertising has grown substantially but a large discrepancy remains between time spent online and online advertising revenues.
2. Two key drivers can help close this gap: increased innovation in targeting, formats and measurement to boost performance advertising; and tapping into the large pool of branding dollars by improving how online advertising addresses the needs of brand advertisers.
3. Emerging players in ad tech have the potential to develop new solutions that better bridge the gap between Internet usage and monetization through advertising.
PartnerIT 2012 - matchmaking B2B event & FundraiseIT - conference and investment evening
15. – 16. November 2012.
Belgrade, Serbia
The PartnerIT is a international B2B matchmaking event organized by Outsourcing Center Serbia, followed by the FundraiseIT conference organized in partnership with Serbian Business Angels Network (SBAN) and other partners.
B2B matchmaking event
On http://partnerit.talkb2b.net, you have the opportunity to leave your profile and book your face-to-face meetings with other international companies and research institutions. This is a cost and time-effective way to discover new business and cooperation opportunities while expanding your contact network. All profiles will be published online and will be extensively promoted before the event and could still be viewed after the event.
FundraiseIT conference
During the conference you will be involved in the direct communication channel with competent well-known serial entrepreneurs and investors from Silicon Valley and Europe. In the live discussions panels among successful entrepreneurs and investors you will be able to hear some interesting personal stories, information about various investing models, fundraising methods, success stories, experiences and valuable tips.
More on:
http://partnerit.talkb2b.net/
http://www.sban.eu/eng/
http://www.ocs.rs/
Sofinnova Partners picks up €260m for sixth fundguest8607b25
European venture capital firm Sofinnova Partners has closed its sixth fund, Sofinnova Capital VI, on €260m, following what the firm describes as its most successful year.
Investors in the fund include CDC Enterprises, Industrial & Financial Investments, JP Morgan Asset Management, funds advised by Partners Group and Skandia Life Insurance Company.
Eight start-ups and spinoffs have already been invested in by Sofinnova Capital VI. These deals include Celsius, CoAxia Inc, Crescendo Biologics, DNP Green Technology Inc, Flexion Therapeutics, MD Start, Mydeco and Sagem Wireless.
ITalents IT recruitment and out sourcing is a dynamically developing company originated from BPSC capital group, present in European market for over 20 years.
The scope of advanced projects which we carry out includes:
Human Resources Outsourcing,
Personnel Consultancy,
Trainings,
Software on Demand,
IT Consultancy,
Due Diligence.
Our solutions are used by Polish entrepreneurs as well as foreign partners. Currently ITalents’ is proud to deliver services to British, Norwegian, Spanish and French markets. We are more than happy to cooperate with over 10.000 people from IT sector.
The range of our activities includes such sectors as:
IT and Telecommunication,
Banking and Finance,
Consulting,
Motorization,
Industry.
Our clients from IT and Telecommunication sector include:
Nokia Siemens Networks,
Netia,
Polska Telefonia Cyfrowa,
Everis,
GTech,
Impaq.
Services are delivered to some of the above clients via ITalents’ business partners.
We employ experienced staff who support our clients as well as contract associates with their professional consultancy. Due to BPSC Capital Group’s position, which has been established in the market for over 20 years, we are able to offer our client’s exceptionally attractive conditions of cooperation.
Our motto is strengthening client’s trust through professionalism in delivering our services.
While most European cities saw little or no growth in hotel occupancy rates in 2012 due to economic headwinds, some cities thrived with double-digit growth in revenue per available room (RevPAR). Dublin and Prague saw over 10% RevPAR growth, followed by St. Petersburg, Berlin, Paris, and Moscow with growth between 8-10%. However, RevPAR growth is expected to slow across Europe in 2013 as the weak eurozone economy continues to pose challenges. Some cities may see declines in occupancy and room rates.
http://pwc.to/VHTFIx
En raison de la crise économique qui se prolonge, la croissance du RevPAR va se ralentir en 2013, mais de façon très contrastée, selon l’étude annuelle de PwC sur le marché de l’hôtellerie dans 19 villes européennes.
The document provides forecasts for occupancy, average daily rate (ADR), and revenue per available room (RevPAR) for 19 major European cities in 2013. It finds that RevPAR growth will slow across Europe due to economic headwinds. However, some cities may "thrive" with RevPAR growth above 3%, including St. Petersburg, Moscow, Paris, Frankfurt, Berlin, and Dublin. Other cities may struggle more and see RevPAR declines, such as London, Madrid, Amsterdam, Zurich, Brussels, Rome, and Geneva. Overall, 2013 is expected to be a challenging year for European hotels due to continuing economic uncertainty.
The hotel industry prior to Yotel's launch in 2007 was a highly competitive red ocean characterized by:
1) Thin margins and intense price competition among major global chains for market share in Europe and US which accounted for over 70% of the $472 billion industry.
2) The UK hotel market saw lackluster 1.2% growth and increased room capacity and refurbishments, exacerbating competition.
3) Hotels competed primarily on price, location, and efficiency while threats from new entrants was moderate due to high capital costs and sustaining differentiation in a saturated market. Yotel aimed to create a blue ocean by reimagining the hotel experience.
Outlook on Online Display Advertising Trends by Clipperton FinanceClipperton Finance
1. Online display advertising has grown substantially but a large discrepancy remains between time spent online and online advertising revenues.
2. Two key drivers can help close this gap: increased innovation in targeting, formats and measurement to boost performance advertising; and tapping into the large pool of branding dollars by improving how online advertising addresses the needs of brand advertisers.
3. Emerging players in ad tech have the potential to develop new solutions that better bridge the gap between Internet usage and monetization through advertising.
PartnerIT 2012 - matchmaking B2B event & FundraiseIT - conference and investment evening
15. – 16. November 2012.
Belgrade, Serbia
The PartnerIT is a international B2B matchmaking event organized by Outsourcing Center Serbia, followed by the FundraiseIT conference organized in partnership with Serbian Business Angels Network (SBAN) and other partners.
B2B matchmaking event
On http://partnerit.talkb2b.net, you have the opportunity to leave your profile and book your face-to-face meetings with other international companies and research institutions. This is a cost and time-effective way to discover new business and cooperation opportunities while expanding your contact network. All profiles will be published online and will be extensively promoted before the event and could still be viewed after the event.
FundraiseIT conference
During the conference you will be involved in the direct communication channel with competent well-known serial entrepreneurs and investors from Silicon Valley and Europe. In the live discussions panels among successful entrepreneurs and investors you will be able to hear some interesting personal stories, information about various investing models, fundraising methods, success stories, experiences and valuable tips.
More on:
http://partnerit.talkb2b.net/
http://www.sban.eu/eng/
http://www.ocs.rs/
Sofinnova Partners picks up €260m for sixth fundguest8607b25
European venture capital firm Sofinnova Partners has closed its sixth fund, Sofinnova Capital VI, on €260m, following what the firm describes as its most successful year.
Investors in the fund include CDC Enterprises, Industrial & Financial Investments, JP Morgan Asset Management, funds advised by Partners Group and Skandia Life Insurance Company.
Eight start-ups and spinoffs have already been invested in by Sofinnova Capital VI. These deals include Celsius, CoAxia Inc, Crescendo Biologics, DNP Green Technology Inc, Flexion Therapeutics, MD Start, Mydeco and Sagem Wireless.
ITalents IT recruitment and out sourcing is a dynamically developing company originated from BPSC capital group, present in European market for over 20 years.
The scope of advanced projects which we carry out includes:
Human Resources Outsourcing,
Personnel Consultancy,
Trainings,
Software on Demand,
IT Consultancy,
Due Diligence.
Our solutions are used by Polish entrepreneurs as well as foreign partners. Currently ITalents’ is proud to deliver services to British, Norwegian, Spanish and French markets. We are more than happy to cooperate with over 10.000 people from IT sector.
The range of our activities includes such sectors as:
IT and Telecommunication,
Banking and Finance,
Consulting,
Motorization,
Industry.
Our clients from IT and Telecommunication sector include:
Nokia Siemens Networks,
Netia,
Polska Telefonia Cyfrowa,
Everis,
GTech,
Impaq.
Services are delivered to some of the above clients via ITalents’ business partners.
We employ experienced staff who support our clients as well as contract associates with their professional consultancy. Due to BPSC Capital Group’s position, which has been established in the market for over 20 years, we are able to offer our client’s exceptionally attractive conditions of cooperation.
Our motto is strengthening client’s trust through professionalism in delivering our services.
Imagine your creative industries business in Londonlondonandpartners
The document discusses the advantages of London for creative industries. It highlights that London has a unique reputation for talent in creative fields and a diverse environment that fosters innovation. London's creative industry is the second largest sector, worth $32 billion per year and employing over 429,000 people. The city offers access to a large customer base in London, the UK, and Europe. It also has a strong reputation as a global hub for the technology, media, and telecommunications sectors. The document provides details on the strengths of specific creative sub-sectors in London like advertising, e-commerce, games, and film. It emphasizes the supportive business environment and government initiatives that make London an attractive location for creative companies.
This document provides an overview of market trends and M&A activity in the mobility and environment sector. It discusses growth in areas like electric vehicles, smart cities, and mobility as a service. Recent M&A transactions are also summarized. The document then outlines the expertise and methodology of GEREJE Corporate Finance in advising clients on buy-side, fundraising, and sell-side transactions in this sector.
This document provides an overview of market trends and M&A activity in the mobility and environment sector. It discusses growth in areas like electric vehicles, smart cities, and mobility as a service. Recent M&A transactions in the sector are also summarized. The document then describes the expertise and methodology of GEREJE Corporate Finance in advising clients on buy-side, fundraising, and sell-side transactions in industries like mobility and environment.
This document discusses corporate bond financing alternatives. It begins by providing an overview of the debt capital markets and notes that corporate bond issuance makes up 95% of the $3.5 trillion international market. It then examines various funding alternatives for corporations, including institutional bonds, retail bonds, and US private placements. For each option, it outlines the pros and cons as well as typical eligibility criteria. Overall, the document analyzes how corporate bonds can serve as alternatives to traditional bank financing.
This document provides an overview of market and M&A trends in the software and financial services sector. It notes increased demand for cloud, cybersecurity, and mobility solutions. The sector is highly fragmented in France with a few large players generating over 70% of revenue. International expansion has been driven by large French companies, with the US as the largest overseas market. The document also summarizes recent M&A transactions and investment trends, noting higher valuations for larger, more profitable companies with strong market positions. It profiles the expertise of GEREJE Corporate Finance in advising companies in this sector.
This document provides an overview of market trends in the software and financial services sector as well as M&A trends. It discusses the resilience of the software industry in France driven by SaaS business models. International presence of French software companies is strong, particularly in EMEA markets. The document also examines consolidation in the edtech market and growth in regtech investments. Recent M&A transactions in the software sector are presented. The company's expertise in M&A advisory for the software and financial services sector is outlined along with its methodology for buy-side and fundraising mandates.
This document provides an overview of market trends and M&A activity in the software and financial services sector. It notes increased demand for cloud, cybersecurity and mobility solutions. The software industry in France is highly fragmented with a few large players generating most revenue. M&A activity has increased with notable recent transactions. The document discusses GEREJE Corporate Finance's expertise in advising on deals in these sectors, including their methodology for buy-side M&A and fundraising processes.
Finch Capital in partnership with Dealroom released a
detailed data analytical report titled ‘The State of European FinTech, 2019 edition’, and reveals the drivers behind the strong value creation, the investors and the buyers of the fintech over the last five years.
Etude PwC sur les transactions sur les portefeuilles de créances (nov. 2014)PwC France
http://bit.ly/PortefeuillesCreances2014
D’après une étude publiée par le cabinet d’audit et de conseil PwC, 67 milliards d’euros de portefeuilles de créances (valeur faciale) ont été cédés par les banques européennes au cours des neuf premiers mois de l’année 2014.
PwC estime en outre à 50 milliards d’euros la valeur des portefeuilles faisant actuellement l’objet de transactions. La majeure partie de ces transactions devraient être conclues d’ici à la fin de l’année, ce qui signifie que la valeur des portefeuilles de créances non stratégiques cédés par les banques devrait largement dépasser 100 milliards d’euros en 2014, soit une hausse d’au moins 50% par rapport à 2013 (64 milliards d’euros).
Etude PwC sur les fusions-acquisitions dans le secteur européen des services ...PwC France
http://pwc.to/YE2Uqa
Sharing Deal Insight fournit des perspectives sur les dernières tendances et les futurs développements dans les services financiers. PwC a analysé les données fournies par mergermarket, Reuters et Dealogic de transactions annoncées et celles en attente de clôture au cours de l’année 2012. Les transactions analysées portent sur une part d’acquisition supérieure à 30% - ou sur une part importante donnant le contrôle effectif à l’acquéreur.
Icade reported on its 2012 annual results. Key highlights included:
- Net current cash flow rose 13% to €251 million due to an 8% increase in EBITDA to €385 million.
- EPRA triple-net NAV was down 2.8% to €4,189 million due to lower commercial property values.
- The company optimized its asset portfolio, investing €547 million in strategic sectors and disposing €350 million of non-strategic assets.
Icade focused on matching its portfolio to market demand by locating assets near transportation in the Paris region and increasing certification of properties.
Etude PwC créances non-stratégiques (2014)PwC France
http://pwc.to/1duSt6n
Les transactions relatives aux portefeuilles de crédit "non core" en Europe ont atteint 64 milliards d’euros en 2013, notamment grâce aux cessions dans l’immobilier commercial et celles de crédits particuliers. En 2014, PwC prévoit que ces cessions connaîtront une croissance de 25%, pour atteindre 80 milliards d’euros.
The Go4Venture Advisers’ European Venture & Growth Equity Market Monthly Bull...CAR FOR YOU
The Go4Venture Advisers’ European Venture & Growth Equity Market Monthly Bulletin provides a summary of corporate finance activity among emerging European TMT companies:
Investments, i.e. Venture Capital (VC) and Private Equity (PE) financings, including growth equity, financing rounds with single secondaries components (recapitalisations); and
M&A Transactions where the sellers are VC and PE-backed European companies, including all majority transactions with no new investment going into the business (e.g. acquisitions, Management Buyouts (MBOs) and other buyouts).
Ecommerce & Retail - Presentation by Romain Voog, CEO of Global Fashion Group at the NOAH 2015 Conference in London, Old Billingsgate on the 13th of November 2015.
Although decision making has become increasingly decentralised, selecting the right location for a European headquarters is a critical step on the journey to becoming a global business.
Even if you are currently working with a distributed team and have no plans to invest in a physical office right away, you still need to think about where your customers are, where the talent you need is concentrated, and where you can best access markets and opportunities for long term growth.
MORE Vision 8: Crisis & Retail ConsumptionMIPIMWorld
This document contains summaries of 4 interviews with retail experts and discussions of trends in consumer shopping behaviors:
1) The CIO of Tesco discusses innovations like interactive screens and micro home delivery that integrate physical and online shopping.
2) The Head of Retail at Quintain talks about the need for shopping centers to create environments befitting trusted brands and providing an enjoyable experience for shoppers.
3) A representative from Printemps discusses using digital technologies to enhance the shopping experience and attract new customers through personalized services.
4) A representative from Design International discusses how to attract female shoppers through parking spaces, product displays, and services tailored specifically for women.
Urban intelligence 9 - City Branding - November 2012MIPIMWorld
Each month : an analysis from a Cities expert • A compilation of all articles related to the Cities topic of the month.
This month's subject: City branding
Next month's subject: The greatest city innovations and key events from 2012
More Related Content
Similar to MAPIC Keynote Wrap-Up 2012, by James Brown, JLL
Imagine your creative industries business in Londonlondonandpartners
The document discusses the advantages of London for creative industries. It highlights that London has a unique reputation for talent in creative fields and a diverse environment that fosters innovation. London's creative industry is the second largest sector, worth $32 billion per year and employing over 429,000 people. The city offers access to a large customer base in London, the UK, and Europe. It also has a strong reputation as a global hub for the technology, media, and telecommunications sectors. The document provides details on the strengths of specific creative sub-sectors in London like advertising, e-commerce, games, and film. It emphasizes the supportive business environment and government initiatives that make London an attractive location for creative companies.
This document provides an overview of market trends and M&A activity in the mobility and environment sector. It discusses growth in areas like electric vehicles, smart cities, and mobility as a service. Recent M&A transactions are also summarized. The document then outlines the expertise and methodology of GEREJE Corporate Finance in advising clients on buy-side, fundraising, and sell-side transactions in this sector.
This document provides an overview of market trends and M&A activity in the mobility and environment sector. It discusses growth in areas like electric vehicles, smart cities, and mobility as a service. Recent M&A transactions in the sector are also summarized. The document then describes the expertise and methodology of GEREJE Corporate Finance in advising clients on buy-side, fundraising, and sell-side transactions in industries like mobility and environment.
This document discusses corporate bond financing alternatives. It begins by providing an overview of the debt capital markets and notes that corporate bond issuance makes up 95% of the $3.5 trillion international market. It then examines various funding alternatives for corporations, including institutional bonds, retail bonds, and US private placements. For each option, it outlines the pros and cons as well as typical eligibility criteria. Overall, the document analyzes how corporate bonds can serve as alternatives to traditional bank financing.
This document provides an overview of market and M&A trends in the software and financial services sector. It notes increased demand for cloud, cybersecurity, and mobility solutions. The sector is highly fragmented in France with a few large players generating over 70% of revenue. International expansion has been driven by large French companies, with the US as the largest overseas market. The document also summarizes recent M&A transactions and investment trends, noting higher valuations for larger, more profitable companies with strong market positions. It profiles the expertise of GEREJE Corporate Finance in advising companies in this sector.
This document provides an overview of market trends in the software and financial services sector as well as M&A trends. It discusses the resilience of the software industry in France driven by SaaS business models. International presence of French software companies is strong, particularly in EMEA markets. The document also examines consolidation in the edtech market and growth in regtech investments. Recent M&A transactions in the software sector are presented. The company's expertise in M&A advisory for the software and financial services sector is outlined along with its methodology for buy-side and fundraising mandates.
This document provides an overview of market trends and M&A activity in the software and financial services sector. It notes increased demand for cloud, cybersecurity and mobility solutions. The software industry in France is highly fragmented with a few large players generating most revenue. M&A activity has increased with notable recent transactions. The document discusses GEREJE Corporate Finance's expertise in advising on deals in these sectors, including their methodology for buy-side M&A and fundraising processes.
Finch Capital in partnership with Dealroom released a
detailed data analytical report titled ‘The State of European FinTech, 2019 edition’, and reveals the drivers behind the strong value creation, the investors and the buyers of the fintech over the last five years.
Etude PwC sur les transactions sur les portefeuilles de créances (nov. 2014)PwC France
http://bit.ly/PortefeuillesCreances2014
D’après une étude publiée par le cabinet d’audit et de conseil PwC, 67 milliards d’euros de portefeuilles de créances (valeur faciale) ont été cédés par les banques européennes au cours des neuf premiers mois de l’année 2014.
PwC estime en outre à 50 milliards d’euros la valeur des portefeuilles faisant actuellement l’objet de transactions. La majeure partie de ces transactions devraient être conclues d’ici à la fin de l’année, ce qui signifie que la valeur des portefeuilles de créances non stratégiques cédés par les banques devrait largement dépasser 100 milliards d’euros en 2014, soit une hausse d’au moins 50% par rapport à 2013 (64 milliards d’euros).
Etude PwC sur les fusions-acquisitions dans le secteur européen des services ...PwC France
http://pwc.to/YE2Uqa
Sharing Deal Insight fournit des perspectives sur les dernières tendances et les futurs développements dans les services financiers. PwC a analysé les données fournies par mergermarket, Reuters et Dealogic de transactions annoncées et celles en attente de clôture au cours de l’année 2012. Les transactions analysées portent sur une part d’acquisition supérieure à 30% - ou sur une part importante donnant le contrôle effectif à l’acquéreur.
Icade reported on its 2012 annual results. Key highlights included:
- Net current cash flow rose 13% to €251 million due to an 8% increase in EBITDA to €385 million.
- EPRA triple-net NAV was down 2.8% to €4,189 million due to lower commercial property values.
- The company optimized its asset portfolio, investing €547 million in strategic sectors and disposing €350 million of non-strategic assets.
Icade focused on matching its portfolio to market demand by locating assets near transportation in the Paris region and increasing certification of properties.
Etude PwC créances non-stratégiques (2014)PwC France
http://pwc.to/1duSt6n
Les transactions relatives aux portefeuilles de crédit "non core" en Europe ont atteint 64 milliards d’euros en 2013, notamment grâce aux cessions dans l’immobilier commercial et celles de crédits particuliers. En 2014, PwC prévoit que ces cessions connaîtront une croissance de 25%, pour atteindre 80 milliards d’euros.
The Go4Venture Advisers’ European Venture & Growth Equity Market Monthly Bull...CAR FOR YOU
The Go4Venture Advisers’ European Venture & Growth Equity Market Monthly Bulletin provides a summary of corporate finance activity among emerging European TMT companies:
Investments, i.e. Venture Capital (VC) and Private Equity (PE) financings, including growth equity, financing rounds with single secondaries components (recapitalisations); and
M&A Transactions where the sellers are VC and PE-backed European companies, including all majority transactions with no new investment going into the business (e.g. acquisitions, Management Buyouts (MBOs) and other buyouts).
Ecommerce & Retail - Presentation by Romain Voog, CEO of Global Fashion Group at the NOAH 2015 Conference in London, Old Billingsgate on the 13th of November 2015.
Although decision making has become increasingly decentralised, selecting the right location for a European headquarters is a critical step on the journey to becoming a global business.
Even if you are currently working with a distributed team and have no plans to invest in a physical office right away, you still need to think about where your customers are, where the talent you need is concentrated, and where you can best access markets and opportunities for long term growth.
Similar to MAPIC Keynote Wrap-Up 2012, by James Brown, JLL (20)
MORE Vision 8: Crisis & Retail ConsumptionMIPIMWorld
This document contains summaries of 4 interviews with retail experts and discussions of trends in consumer shopping behaviors:
1) The CIO of Tesco discusses innovations like interactive screens and micro home delivery that integrate physical and online shopping.
2) The Head of Retail at Quintain talks about the need for shopping centers to create environments befitting trusted brands and providing an enjoyable experience for shoppers.
3) A representative from Printemps discusses using digital technologies to enhance the shopping experience and attract new customers through personalized services.
4) A representative from Design International discusses how to attract female shoppers through parking spaces, product displays, and services tailored specifically for women.
Urban intelligence 9 - City Branding - November 2012MIPIMWorld
Each month : an analysis from a Cities expert • A compilation of all articles related to the Cities topic of the month.
This month's subject: City branding
Next month's subject: The greatest city innovations and key events from 2012
Urban Intelligence 8- October 2012- Cities Urbanisation and National Urban Po...MIPIMWorld
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise boosts blood flow, releases endorphins, and promotes changes in the brain which help enhance one's emotional well-being and mental clarity.
Urban Intelligence - September 2012 - Urban Demographics and City ConsumptionMIPIMWorld
Each month : an analysis from a Cities expert • A compilation of all articles related to the Cities topic of the month.
This month's subject: Urban Demographics and City Consumption
Next month's subject: Cities and National Development
Urban Intelligence - August 2012 - Investment in CitiesMIPIMWorld
Each month : an analysis from a Cities expert • A compilation of all articles related to the Cities topic of the month.
This month's subject: Investment in Cities
Next month's subject : Urban Demographics
Urban intelligence - June 2012 - Asian cities and the global growth mapMIPIMWorld
Each month : an analysis from a Cities expert • A compilation of all articles related to the Cities topic of the month.
This month’s focus: "Asian cities and the global growth map"
Urban Intelligence - May 2012 - Planning re-development of the world megacities MIPIMWorld
Each month : an analysis from a Cities expert • A compilation of all articles related to the Cities topic of the month.
This month’s focus: "Planning the re-development of the world's megacities"
Building Innovation- Ma Yansong, MAD ArchitectsMIPIMWorld
Founded in 2004 by Ma Yansong, MAD works in forward-looking environments developing futuristic architectures based on a contemporary interpretation of the eastern spirit of nature. All of MAD's projects - from residential complexes or offices to cultural centres - desire to protect a sense of community and orientation toward nature, offering people the freedom to develop their own experience.
Building Innovation- Kim Herforth Nielsen, 3XN ArchitectsMIPIMWorld
Co-founder Kim Nielsen remains the Principal Architect of one of Denmark’s most innovative and international Architecture firms. The Danish architecture studio 3XN is known for its innovative approach to iconic architecture combining science and art while understanding the importance of context. Here is the portfolio they presented at MIPIM 2012.
Urban Intelligence - April 2012 - Urban investment and the new cycleMIPIMWorld
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise causes chemical changes in the brain that may help boost mental well-being.
Urban Logistics: Next challenge for cities- Christophe Ripert, SOGARIS MIPIMWorld
SOGARIS presents solutions adapted for the city of tomorrow. They share their freight strategy, logistical platform and give us a sneak peek at their multi-modal logistics hotel in Paris.
Turkey's REIT sector: an iceberg in Europe-Cenk Arson, Rönesans RE InvestmentMIPIMWorld
Cenk Arson, CEO of Rônesans Real Estate Investment, explores the Turkish REITS sector strengths and weaknesses, including development pipeline,regulations and market perofrmance.
Turkey's REIT sector: and iceberg in Europe- Emlak Konut REITMIPIMWorld
Emlak Konut is the largest real estate investment company in Turkey. It focuses on developing residential real estate for middle and upper-middle income groups. Since 2002, Emlak Konut has undertaken 58 projects totaling over 63,000 housing units. It has a strategic relationship with TOKI, its largest shareholder, which provides land for development. Emlak Konut has experienced strong financial growth in recent years as the Turkish residential real estate market has also grown due to increasing population, urbanization, and renewal of old housing stock.
19,400+ property leaders come to MIPIM to view projects, assess profitable ventures, strike deals, discover commercial real estate opportunities and seek out market information.
With the strongest economy in the Eurozone, Germany remains the largest market in continental Europe and pivotal to real estate markets overall. Given its current role in Real Estate, we were delighted to have Germany as our 2012 Country of Honour. It was the perfect opportunity for participants to discover new German property developments, meet with German investors and get a global view of real estate in Germany.
Urban Intelligence - Sports and Cities: the new dynamicMIPIMWorld
Each month : an analysis from a Cities expert • A compilation of all articles related to the Cities topic of the month.
This month's focus: "Sports and cities: the new dynamic"
MIPIM 2012 - Wrap-Up Keynote address from Mark RobertsMIPIMWorld
Austerity-Stimulus, Risks-Opportunities: Fresh insights and way forward.
The US and Europe have embarked on fundamentally different paths in resolving their debt challenges: Austerity measures in Europe versus stimulus in the US. Policy outcomes will be different, and cannot be overlooked by real estate investors. There are many risks to consider and lots of opportunities ahead. How should investors approach the market today? What strategies are investors pursuing for a brighter tomorrow? Join us for the freshest insights on real estate markets: A combination of our panelists' research, your insights gathered during MIPIM conferences and events, and through our survey responses.
MIPIM 2012 - Wrap-Up Keynote address from Francois Ortalo-MagneMIPIMWorld
Austerity-Stimulus, Risks-Opportunities: Fresh insights and way forward.
The US and Europe have embarked on fundamentally different paths in resolving their debt challenges: Austerity measures in Europe versus stimulus in the US. Policy outcomes will be different, and cannot be overlooked by real estate investors. There are many risks to consider and lots of opportunities ahead. How should investors approach the market today? What strategies are investors pursuing for a brighter tomorrow? Join us for the freshest insights on real estate markets: A combination of our panelists' research, your insights gathered during MIPIM conferences and events, and through our survey responses.
MORE Vision by MAPIC: 4 - Retail renaissanceMIPIMWorld
This document is an issue of MORE Vision, a bi-monthly publication focused on retail real estate trends. This issue examines the trend of "retail renaissance," where physical retail is experiencing resurgence despite challenges from e-commerce. It identifies four drivers of this trend: 1) OFF=ON, where online benefits are brought offline; 2) Retail Safari, focusing on experiential shopping; 3) Instant Status Fix, where shopping satisfies status needs; and 4) Citysumers, where urban culture drives retail culture. The issue features interviews and analyzes how retailers are adapting stores and malls to changing consumer expectations and behaviors.
3. European Economic Recovery Scenarios
Uncertainty and volatility remain...
Scenario 1: 10%
Upside scenario: strong bounce back
Scenario 2: 60%
Central scenario: ‘muddle’ through
Scenario 3: 30%
Downside scenario: disorderly breakdown of Eurozone
4
4. Consumer and Retail Trade Confidence
Mild deterioration in consumer and trade confidence since last year…
4
5. Consumer Confidence Index Q3 2012
Consumer confidence below LT trend across Europe (excl. Turkey & Russia)…
Long-Term Country Average = 100
Confidence above Long-Term Country Average
Confidence below Long-Term Country Average
Country confidence October 2011
Source: European Commission (November 2012)
5
6. Retail Sales Growth Forecast 2012 - 2014
Multi speed forecast retail sales growth…
Source: Oxford Economics (October 2012); IHS Global Insight for Croatia and Ukraine (October 2012)
8
7. The Rise and Rise of Online
The move to multi-channel is accelerating…
Internet retail spend per capita 2010 (£)
Source: Euromonitor
9
8. The Impact of Multi-Channel Retail
Global trends and initiatives are emerging, FAST…
Tesco shopping wall, Korea
Source: Google
10
10. Retail Requirements are Changing
International opportunities for growth; increased competition…
Jones Lang LaSalle - Global 660
Source: Jones Lang LaSalle Global 660, ESRI
12
11. Destination Europe: Leading Cities
London remains ‘springboard’ to Europe for non-European retailers…
Source: Jones Lang LaSalle, ‘Destination Europe 2013’
13
12. Destination Europe: Core and Growth Cities
Growth, diversification; international borders no longer a barrier…
Source: Jones Lang LaSalle, ‘Destination Europe 2013’
14
13. Retailer Country of Origin
Italy leads exporter league, the US is catching up fast and China emerges…
Source: Jones Lang LaSalle, ‘Destination Europe 2013’
15
14. The Rise and Rise of Luxury
Thriving through turbulence…
• Continued growth anticipated
• Specific requirements
• Constrained supply of units
• Driving prime, luxury HS rents
• Favouring larger tourist markets
17
15. Portfolio Optimisation for Legacy Retailers
Leases events area trigger for change...
Cumulative number of lease expiries (%)
Lease expiries per year (%)
Number of lease expiries per year Cumulative number of lease expiries
Source: Jones Lang LaSalle (April 2012)
Note: Analysis based on a sample of circa 15,000 European Shopping Centre lease contracts.
Lease expiry profile varies by country and by retail sub-sector. 1
17. Shopping Centre Pipeline H2 2012-2013
Tired stock in WE ripe for redevelopment, Asset Management…
45% of new stock across
Europe to be opened in
Russia and Turkey
combined…
Source: Jones Lang LaSalle (October 2012)
Note: Includes schemes >5,000m² GLA only; excludes Retail Warehousing and Factory Outlet
Centre.
Pipeline figures should be treated with caution. 19
18. Differentiation to Succeed
Key ingredients to succeed in a multi-channel World…
Embrace digital
Accessibility
Listen & communicate Cinema
Security
Culture
Retail Catering
Community engagement
Education
Service Pop-up
Environment Convenience
Click & collect
Know the customer
19
19. NEW Opportunities: Travel Hubs
Europe’s top 100 airports have a combined 1.34 bn ‘visitors’ annually….
21
21. European Retail Investment Volumes Q1-Q3 2012
€11.7bn invested in Q1-Q3 2012, down 50% y-o-y due to lack of large deals…
€178
Retail Transaction
€739
Volumes Q1-Q3 2012
in million € €580 €32
4,000 or over €844
2,000 to 4,000 €6 €43
1000 to 2,000
€3,595
500 to 1000
€436
200 to 500 €460
€405 €2,890
100 - 200
0 - 100 €101 €52
No Transactions €758
€121
€12
€29
€74
€118
€220
Source: Jones Lang LaSalle (October 2012)
Note: This review considers all investment sales of shopping centres, retail
warehouses, factory outlet centres and supermarkets in Europe. The analysis
excludes the high street and any investment deal less than $ 5 million in value. 23
22. European Retail Investment Drivers Q1-Q3 2012
Liquidity and fundamentals continue to attract majority of retail investment…
p.a.
Average Europe
€ 1,584 mn – 14% € 8,961 mn – 77%
Average EU (27 Countries)
€ 130 mn - 1% € 964 mn – 8%
Source: Oxford Economics (October 2012), Jones Lang LaSalle (October 2012)
Note: Average Retail Sales per Capita based on countries shown on graph.
% Share investment volumes based on countries shown on graph.
24
25. European Retail Investment
Redefining retail investment…
• Absence of debt (for the majority) in the near term
• Global equity appetite for Retail investment to continue
• Partnering to continue – ‘Equity and Expertise’
• EMEA leads investment market but Asia is catching up
• Global flows to influence prime pricing for best retail schemes
• Spread between prime and secondary pricing likely to stay
25
27. 10 Takeaways
2013 – Still adapting and positioning for growth…
• Uncertainty to remain; economic and retail sales growth subdued
• Pockets of strong growth exist across Europe
• Targeted retail expansion to continue
• Do NOT underestimate the impact of digital
• Retailer optimisation and consolidation to continue
• Re-development becomes the new development in WE
• New development continues in Turkey and Russia in particular
• Retail investment market to remain focused on ‘best’
• Lack of debt fuelling 2 tier market - prime vs. secondary
• Internationalisation of investment and partnering to continue
27
28. Adapting for Change
and Positioning for Growth
Thank you.
James Brown
Head of EMEA Retail Research & Consulting
james.brown@eu.jll.com