What if
What if…
…one had an opportunity to get sparks of inspiration from spending three days in secluded collegiality and unhurried conversations building easy friendships with the world’s foremost real estate investment decision-makers looking for partners and investment ideas?
…one had an opportunity to get sparks of inspiration from spending three days in secluded collegiality and unhurried conversations building easy friendships with the world’s foremost real estate investment decision-makers looking for partners and investment ideas?
What if…
… one was a property company looking at intriguing projects requiring greater financial resources than available?
… one was a property company looking at intriguing projects requiring greater financial resources than available?
What if…
… one was looking to place capital in the smartest way possible across a world with competition ever more abundant and good product ever scarcer?
… one was looking to place capital in the smartest way possible across a world with competition ever more abundant and good product ever scarcer?
What if, indeed ?
The GRI Chairmen’s Retreat brings together the greatest concentration of creative and capital firepower in the property investment industry.
The GRI Chairmen’s Retreat brings together the greatest concentration of creative and capital firepower in the property investment industry.
It represents a unique occasion for investors,
lenders and property company chiefs to get to know
each other, brainstorm where the world is going,
explore doing business together, make a mark and
leave a legacy.
Breakouts
Depending on member vote, 8 to 10 of these topics
below will be retained for breakout
discussions.
CHAMPAGNE VOTE
Members that do vote will be greeted with
champagne on ice upon arrival. A voting form
will be sent to registered Members.
If Capitalism is not enough
What to drive mankind but maxing profits?
[Provocateur-led discussion]
AI and Joblessness
Unavoidable or paranoid?
[Provocateur-led discussion]
End of Pax Americana and what to expect
Despots galore or free democracies?
[Provocateur-led discussion]
Unspent dry powder
Will it ever find value?
Secondary cities
Salvation or distraction?
Making money
Riding the cycles or sweating the assets?
What to drive mankind but maxing profits?
[Provocateur-led discussion]
AI and Joblessness
Unavoidable or paranoid?
[Provocateur-led discussion]
End of Pax Americana and what to expect
Despots galore or free democracies?
[Provocateur-led discussion]
Unspent dry powder
Will it ever find value?
Secondary cities
Salvation or distraction?
Making money
Riding the cycles or sweating the assets?
Permanence of rock bottom interest rates
Yawn or hazard?
Europe
Solid and stodgy or only for the brave?
Last mile logistics
Cash cow or improbable economics?
Co-working and brand-name operators
Can landlords do just as well on their own?
Obsolete retail
Opportunity or drag?
Build-to-rent residential
Smart choice or rent controls?
Opportunity Funds
Can they survive a flat risk curve?
Yawn or hazard?
Europe
Solid and stodgy or only for the brave?
Last mile logistics
Cash cow or improbable economics?
Co-working and brand-name operators
Can landlords do just as well on their own?
Obsolete retail
Opportunity or drag?
Build-to-rent residential
Smart choice or rent controls?
Opportunity Funds
Can they survive a flat risk curve?
MEMBERS
2019 (PAST)
MICHAEL ABEL
Partner
TPG
Partner
TPG
ROBERT ABT
Managing Director
Round Hill Capital
Managing Director
Round Hill Capital
DAVIDE ALBERTINI PETRONI
Managing Director
Risanamento
Managing Director
Risanamento
EDWARD ALDAG
Chairman/ President And CEO
Medical Properties Trust
Chairman/ President And CEO
Medical Properties Trust
SEAN ARNOLD
Co Founder
Crosstree Real Estate Partners
Co Founder
Crosstree Real Estate Partners
WILL ANDRICH
CEO
Rethaler
CEO
Rethaler
ERIC ASSIMAKOPOULOS
Managing Director & Founding Partner
Revetas Capital
Managing Director & Founding Partner
Revetas Capital
TRISH BARRIGAN
Managing Partner
Benson Elliot Capital Management
Managing Partner
Benson Elliot Capital Management
PAUL BASHIR
President & COO
RHC Europe
President & COO
RHC Europe
NITIN BHANDARI
Head - Direct Investments
Letterone Treasury Services
Head - Direct Investments
Letterone Treasury Services
JIM BLAKEMORE
Partner
Greenoak Real Estate
Partner
Greenoak Real Estate
ALEXEY BLANIN
CEO
AB Development
CEO
AB Development
PAULINE BRADLEY
CEO
Greyfriars Investments
CEO
Greyfriars Investments
DIRK BRANDES
Executive Board Member
Natixis Pfandbriefbank
Executive Board Member
Natixis Pfandbriefbank
COLEY BRENAN
Partner Head Of Europe
KSL Capital Partners
Partner Head Of Europe
KSL Capital Partners
KEITH BRESLAUER
Managing Director & Senior Partner
Patron Capital
Managing Director & Senior Partner
Patron Capital
PHILLIPPE CAMUS
CEO
Shaftesbury Asset Management Group
CEO
Shaftesbury Asset Management Group
JEAN-LOUIS CHARON
Chairman
Citystar
Chairman
Citystar
MATTEO CIDONIO
Managing Partner
GWM Group
Managing Partner
GWM Group
JOSHUA CLEVELAND
Partner
Stepstone
Partner
Stepstone
NUNO COELHO
Partner
Ring Properties
Partner
Ring Properties
CLARK COFFEE
Partner Head Of Real Estate
Tyndaris Real Estate
Partner Head Of Real Estate
Tyndaris Real Estate
DAVID COLLETT
Managing Director Real Estate
Kaust Investment Management
Managing Director Real Estate
Kaust Investment Management
JAMES CORL
Managing Director
Siguler Guff & Company
Managing Director
Siguler Guff & Company
CYRIL COURBAGE
MD Head Of Real Estate Europe
Fortress Investment Group
MD Head Of Real Estate Europe
Fortress Investment Group
BRYAN YORK COLWELL
Co-Founder & Managing Partner
LCN Capital Partners
Co-Founder & Managing Partner
LCN Capital Partners
RICHARD CROFT
CEO
M7 Real Estate
CEO
M7 Real Estate
MILES D`ARCY-IRVINE
Chairman
Shaftesbury Asset Management Group
Chairman
Shaftesbury Asset Management Group
RICARDO DALLOLIO
MD & Head Real Estate Europe
HIG Capital Partners
MD & Head Real Estate Europe
HIG Capital Partners
DANIEL DEJANOVIC
MD, Head Of European Real Estate
Cerberus Global Investments
MD, Head Of European Real Estate
Cerberus Global Investments
HUNT DOERING
Managing Director
Baupost Group International
Managing Director
Baupost Group International
NIKOLETTA FOUSKA
Director
Latsis Group
Director
Latsis Group
GÁBOR FUTÓ
Founder & Owner
Futureal
Founder & Owner
Futureal
RICHARD GEORGI
Founder & Managing Partner
Alpine Grove Partners
Founder & Managing Partner
Alpine Grove Partners
SAUL GOLDSTEIN
CEO
Activum SG
CEO
Activum SG
DAN-DAVID GOLLA
CEO
Golla Capital GmbH
CEO
Golla Capital GmbH
TYLER GOODWIN
CEO
Seaforth Land
CEO
Seaforth Land
JOHN GRASSI
Chairman & CEO
Spear Street Capital
Chairman & CEO
Spear Street Capital
CHRISTO ILIEV
CEO
Lion`s Head Investments
CEO
Lion`s Head Investments
CHRISTIAN JAMISON
Managing Partner
Valor Real Estate Partners
Managing Partner
Valor Real Estate Partners
NEIL JONES
Founding Partner
Temprano Capital Partners
Founding Partner
Temprano Capital Partners
PETER JUN
Founder
Arminius Funds Management
Founder
Arminius Funds Management
NICO KELLER
Managing Director, Co-Head Investment
BNP Paribas Real Estate Holding
Managing Director, Co-Head Investment
BNP Paribas Real Estate Holding
BARNABY KELHAM
CEO
UK And European Investments
CEO
UK And European Investments
KAMAL KHETAN
Chairman And Managing Director
Sunteck Realty
Chairman And Managing Director
Sunteck Realty
AUDREY KLEIN
Head of Investor Relations (Funds)
Kennedy Wilson
Head of Investor Relations (Funds)
Kennedy Wilson
BERND KNOBLOCH
Founding Partner
Continuum Capital
Founding Partner
Continuum Capital
ALEXANDER KOBLISCHEK
Managing Director
RFR Management
Managing Director
RFR Management
ZSOLT KOHALMI
Global Head Of Real Estate Co CEO
Pictet Alternative Advisors
Global Head Of Real Estate Co CEO
Pictet Alternative Advisors
JAY KWAN
Managing Director Real Estate Europe
Quadreal
Managing Director Real Estate Europe
Quadreal
PHILIP LA PIERRE
Head Of Continental Europe
La Salle Investment Management
Head Of Continental Europe
La Salle Investment Management
AREF LAHHAM
Founding Partner & Managing Director
Orion Capital Managers
Founding Partner & Managing Director
Orion Capital Managers
JOSHUA LAWRENCE
Managing Director
Global Holdings Management
Managing Director
Global Holdings Management
SETH LIEBERMAN
Executive Chairman
Stendörren Fastigheter
Executive Chairman
Stendörren Fastigheter
FABIO LONGO
Managing Director
Bain Capital Credit
Managing Director
Bain Capital Credit
ANDY MARTIN
CEO
BNP Paribas Real Estate Advisory Uk
CEO
BNP Paribas Real Estate Advisory Uk
NICOLAS MASSIERE
Managing Director
Cale Street Partners
Managing Director
Cale Street Partners
PETAR MATIC
CEO
MPC Holding
CEO
MPC Holding
CIARAN MCNAMARA
Co Founder & Managing Director
Signature Capital
Co Founder & Managing Director
Signature Capital
RAJ MENDA
Corporate Chairman
RMZ Corp
Corporate Chairman
RMZ Corp
MANOJ MENDA
Corporate Chairman
RMZ Corp
Corporate Chairman
RMZ Corp
TOM-ERIC MÖLLER
Managing Shareholder
DIH Deutsche Industrie-Holding
Managing Shareholder
DIH Deutsche Industrie-Holding
JOHN NACOS
Partner
EG Real Estate Advisors
Partner
EG Real Estate Advisors
MAHBOD NIA
CEO
Northstar Realty Europe
CEO
Northstar Realty Europe
GUSTAVO NICOLAU
Managing Director
Akylas Patrimonial
Managing Director
Akylas Patrimonial
BRIAN NILES
Head Of REI Europe
Morgan Stanley
Head Of REI Europe
Morgan Stanley
SCOTT O`DONNELL
Senior Managing Director
Harbert Management
Senior Managing Director
Harbert Management
JJ OFER
CEO
Global Holdings Management
CEO
Global Holdings Management
GUMERSINDO OLIVERO
CEO/CIO
Kaust Investment Management
CEO/CIO
Kaust Investment Management
RADIM PASSER
Founder & CEO
Passerinvest Group
Founder & CEO
Passerinvest Group
LUIS PEREDA
Executive Chairman
Grupo Lar
Executive Chairman
Grupo Lar
ETIENNE PRONGUÉ
Deputy CEO
BNP Paribas Real Estate Advisory Uk
Deputy CEO
BNP Paribas Real Estate Advisory Uk
JEFF PYM
CIO/Director
Delin Capital Asset Management
CIO/Director
Delin Capital Asset Management
ROBERT RACKIND
Partner Head Of Real Estate
EQT Partners
Partner Head Of Real Estate
EQT Partners
SHARON RAINGOLD
Managing Director
GCI
Managing Director
GCI
RONALD RAWALD
Senior Managing Director, Head International RE
Cerberus Capital Management
Senior Managing Director, Head International RE
Cerberus Capital Management
JORDI ROBINAT
President
Arum Group
President
Arum Group
BERND RUCK
Co-Founder
SAX Concept
Co-Founder
SAX Concept
GARY SACKS
CEO
City & Docklands Group
CEO
City & Docklands Group
MATTHIAS SCHMITZ
Managing Partner
4 Friends Investment
Managing Partner
4 Friends Investment
PEDRO SILVEIRA
Chairman
Silcoge
Chairman
Silcoge
EDWARD SISKIND
Founder & CEO
Cale Street Partners
Founder & CEO
Cale Street Partners
SRINATH SRIDHARAN
Member Group Management Council
Wadhawan Global Capital
Member Group Management Council
Wadhawan Global Capital
JOHN STRACHAN
Chairman
Intu Properties
Chairman
Intu Properties
VAN STULTS
Founding Partner & Managing Director
Orion Capital Managers
Founding Partner & Managing Director
Orion Capital Managers
ANAND TEJANI
Partner
TPG Europe
Partner
TPG Europe
LEE TIMMINS
CEO Hines Eurasia
Hines
CEO Hines Eurasia
Hines
ÁRPÁD TÖRÖK
CEO
Trigranit Development Corporation
CEO
Trigranit Development Corporation
MARK TSOCANOS
Partner
The Baupost Group
Partner
The Baupost Group
JON VACCARO
Managing Partner
V4 Partners
Managing Partner
V4 Partners
TIJANA VUJOVIC
CEO
Confluence Property Management
CEO
Confluence Property Management
PHILIPP WESTERMANN
Partner
Proprium Capital Partners
Partner
Proprium Capital Partners
SASCHA WILHELM
Founder
X+Bricks AG
Founder
X+Bricks AG
LARRY YOUNG
Head Of International Investment Group
BNP Paribas Real Estate France
Head Of International Investment Group
BNP Paribas Real Estate France
MICHAEL ZERDA
Managing Director
Blackstone
Managing Director
Blackstone
Activities
Activities in small instructor-guided GRI groups will
take place on Thursday (spouses only), Friday
(pre-session) and Saturday and include, weather
permitting:
Skiing
Curling
Hiking
Cross country skiing
Sledging;
Skiing
Curling
Hiking
Cross country skiing
Sledging;
Travel
International Airports
Closest airports are Zürich, Milan and Bergamo, each
under 3 hours away by car and under 4 hours by train
(Zürich only). Private planes can also fly into
Samedan (daylight and good weather permitting only), a 10
minute ride away by hotel limo.
Trains (Zurich only)
Train travel is available hourly between Zürich
Airport and St Moritz and is solidly smooth and Swissly
dependable in most weather conditions. The last 2
hours to St Moritz meander through a magical winter
wonderland, especially scenic by daylight. The
journey requires 2 changeovers (Zürich Main station
and Chur) and total travel time is just under 4 hours
(Schedule: see
www.sbb.ch). Courtesy Hotel Limousines will pick-up arriving guests from St Moritz train station upon notification.
Car Rental
Car travel is about 3 hours. Rental at the airport from
the usual suspects. Specify snow tires and spare snow
chains (if heavy snow conditions) and favour 4-wheel
drive. Ask car rental counters for maps and road
conditions info. From Zurich, if heavy snow or the Julier
pass is closed, favour the convenient Thusis-Samedan
car-train tunnel.
Limousine Service
Call Palace concierge (+41.81 837-2629).
Flights (Zurich only)
Private flights are available between Zurich Airport and
Samedan, next to St Moritz. Samedan closes however at
nightfall (last landing about 16h30) and in poor weather
conditions (30% of the time).The Palace concierge (+41.81 837-2629) will be happy to provide contact
Hotels
Hotels & Lodging costs
Hotel costs are in addition to Retreat fees and to be booked separately.
Badrutt’s Palace *****
Badrutt’s Palace Hotel is the GRI Chairmen’s Retreat Hotel. Retreat Members should make their own hotel arrangements independently, quoting “GRI” group rate. Space is limited, the Palace invariably sells out early and arrangements before December 1 are strongly advised.
Request GRI” rate at: +41.81 837-1100
The GRI rate is not available through travel agents, please book hotel directly.
Badrutt’s Palace Hotel
Tel +41.81 837 1100 Fax +41.81 837 2999
[email protected]
GRI rates (in CHF: CHF 1 = Euro 0.91 = $1.01 = £0.82):
Single 575 • Double 865 ~ 975
Jr Suite 1200 • Suite 2760 • 3rd bed 200
Hotel costs are in addition to Retreat fees and to be booked separately.
Badrutt’s Palace *****
Badrutt’s Palace Hotel is the GRI Chairmen’s Retreat Hotel. Retreat Members should make their own hotel arrangements independently, quoting “GRI” group rate. Space is limited, the Palace invariably sells out early and arrangements before December 1 are strongly advised.
Request GRI” rate at: +41.81 837-1100
The GRI rate is not available through travel agents, please book hotel directly.
Badrutt’s Palace Hotel
Tel +41.81 837 1100 Fax +41.81 837 2999
[email protected]
GRI rates (in CHF: CHF 1 = Euro 0.91 = $1.01 = £0.82):
Single 575 • Double 865 ~ 975
Jr Suite 1200 • Suite 2760 • 3rd bed 200
Badrutt’s Palace Hotel, situated amidst
breathtakingly beautiful and unspoiled scenery,
has long been hailed as a landmark in the center
of St. Moritz and is the ultimate expression of
the Swiss Alps region.
A favorite of celebrities and royalty alike since its opening in 1896, the Palace Hotel offers 157 guestrooms including 37 luxury suites with stunning views of the Swiss Alps.
Badrutt’s Palace is a celebration of style, sports, cuisine and fashion, with discreet service and traditional elegance evoking an atmosphere of pampered luxury for all. An ideal destination in both winter and summer, the hotel is located in one of the most challenging ski areas in the world and offers a host of summer alpine activities. Guests find the ultimate in relaxation at the spa, exciting nightlife at the Kings Club, and world reknown cuisine in the hotel’s restaurants and nearby Chesa Veglia.
A favorite of celebrities and royalty alike since its opening in 1896, the Palace Hotel offers 157 guestrooms including 37 luxury suites with stunning views of the Swiss Alps.
Badrutt’s Palace is a celebration of style, sports, cuisine and fashion, with discreet service and traditional elegance evoking an atmosphere of pampered luxury for all. An ideal destination in both winter and summer, the hotel is located in one of the most challenging ski areas in the world and offers a host of summer alpine activities. Guests find the ultimate in relaxation at the spa, exciting nightlife at the Kings Club, and world reknown cuisine in the hotel’s restaurants and nearby Chesa Veglia.
Additional hotels in St Moritz
Five stars nearby:
Carlton +41. 81 836 7000
Kulm +41. 81 836 8000
Four stars nearby:
Schweizerhof +41. 81 837 0707
Steffani +41. 81 836 9696
Five stars nearby:
Carlton +41. 81 836 7000
Kulm +41. 81 836 8000
Four stars nearby:
Schweizerhof +41. 81 837 0707
Steffani +41. 81 836 9696
Practical
Arrival
Wednesday arrival, however late, is strongly advised, as
the program starts at 08h45 on Thursday and St Moritz is
a long journey from anywhere.
“Lucky Encounter” dinners
There are no GRI dinners on the program on Wednesday
(arrival day), Friday or Saturday, which are reserved
for independent networking and private dinners by
members and spouses.Members that prefer using such occasions to let luck expand their friendships, or are new and yet unconnected, can chose to join member dinners at GRI-selected restaurants around St Moritz.
- On arrival day, they can chose to join and leave at their convenience a members’ communal dinner service at preferred restaurants nearby.
- On Friday and/or Saturday, they can confirm before 16:00 with the Palace concierge which of a selection of members’ restaurant reservations they wish to join.
Champagne vote & program awards
Members that enjoy contributing to making the program
the best it can be, can make their stay even more
pleasurable, as follows:
- Be greeted to their room by champagne on ice for ranking from 1 to 4 which breakout topics interest them most.
- Enjoy a Palace spa treatment or a complimentary dinner at any St Moritz restaurant for expressing interest and being selected to either (1) moderate or report one of the 8/10 breakout discussions or (2) lead one of the 2 plenary reporting and voting sessions. Advance Preparation for either should not exceed 15 minutes and guidance would be provided.
- Enjoy a luxurious room upgrade for expressing interest and being selected to deliver the 5-minute closing wrap-up of the GRI Chairmen’s Retreat on Friday evening (based on their compilation of summary take-aways throughout the program)
Spouses | Partners
Over half of Retreat Members bring their spouses/partners.
Retreat Members Profiles
Retreat Members’ photos and profiles are listed on www.griclub.org.
Retreat Members agree that photos and information provided may be used by the GRI at its discretion in its communication activities.
Activities and Insurance
Weather permitting, skiing, curling, hiking and other activities in small GRI groups has been arranged, each of them accompanied by qualified guides. Guides and lunch are courtesy of the GRI. Equipment rental is Retreat Member’s individual responsibility. Prior sign-up on-site is necessary for all group activities. Retreat Members sign up for any such activity at their own responsibility and release the GRI and any Retreat-related sponsors from any responsibility or potential liability.
Dress Code
The Retreat dress code is casual throughout, except for Cocktails and Gala Dinner, which is jacket required, tie optional.
Salutation
Retreat and GRI etiquette calls for all to address each other on a first-name basis.
Over half of Retreat Members bring their spouses/partners.
Retreat Members Profiles
Retreat Members’ photos and profiles are listed on www.griclub.org.
Retreat Members agree that photos and information provided may be used by the GRI at its discretion in its communication activities.
Activities and Insurance
Weather permitting, skiing, curling, hiking and other activities in small GRI groups has been arranged, each of them accompanied by qualified guides. Guides and lunch are courtesy of the GRI. Equipment rental is Retreat Member’s individual responsibility. Prior sign-up on-site is necessary for all group activities. Retreat Members sign up for any such activity at their own responsibility and release the GRI and any Retreat-related sponsors from any responsibility or potential liability.
Equipment Rental
Ski & Equipment Hire - The Palace sports store
(tel: +41 81 833 7585)
is excellently stocked, swift and professional and opens
daily until late.
Retreat Extension
January 14-16 or 20-23 by special arrangement with
Palace, Retreat Members are invited to extend their stay
at Retreat’s special room rates. No formal program
is planned.Dress Code
The Retreat dress code is casual throughout, except for Cocktails and Gala Dinner, which is jacket required, tie optional.
Salutation
Retreat and GRI etiquette calls for all to address each other on a first-name basis.
Language
The Retreat language is “international”
English and all grammar, syntax and other vocabulary
rules are suspended. All native English speakers are
urged to articulate slowly and loudly. As Anglo-
Americans have a natural language advantage, they are
encouraged to help non-native English speakers
articulate their views. All are encouraged to help with
occasional translation, where appropriate.
Childrens Program
3 years old and under (additional fee):Arts • Craft • Walk • Play/Games
3 to 12 years old (additional fee):
Dog and horse sleigh ride • skating • skiing
and more
For more information, contact
[email protected]
[email protected]
or tel: +44 20 7121 5060
THE GRI CLUB
The GRI is a global club of senior Real Estate
investors, developers and lenders
investors, developers and lenders
Its mission is to help its members build personal
relationships and work together in creating better
places as a legacy to our children. Founded in 1998,
its core constituency consists of the world's
leading real estate players. The GRI runs its
activities through a series of annual meetings
focused on different regions of the world.
INVITATION REQUEST
Thank you for your interest in membership of the GRI
Chairmen’s Retreat.
By invitation-only, the GRI Chairmen’s Retreat is
reserved for the head of real estate or the immediate #2
of investor, lender, developer and property companies with
assets in excess of $50 million for developers or $250
million for investors.