Session 1: Global Real Estate Capital Markets assessment and opportunities for Shariah compliant investors
Overview of current global Real Estate market and investors – who is investing, in what and where?
The current UK Real Estate market – the Brexit impact
Sector and activity analysis - opportunities for Shariah compliant investors
Key trends for investors in the UK Real Estate market
David Jones — Partner, Ashurst Azeemeh Zaheer — Managing Director & Chief Executive Officer, Naissance Capital Naomi Heaton — Chief Executive, London Central Portfolio Philip Churchill — Founder & Managing Partner, 90 North Real Estate Partners Stuart Jarvis — Investment Director, Amiri Capital
10:15 – 10:45
Session 2: The UK Real Estate Development Market and what it currently offers Islamic Investors Jamie Chapman — Partner, Ashurst
10:45 – 11:15
Coffee & Networking
11:15 – 12:30
Session 3: Structuring Effective Real Estate Finance Transactions and Developing Shariah Compliant Options
An overview of mainstream structuring options available for real estate developers and investors
Incorporating the needs of Shariah compliant investors into real estate finance and investment structures
Assessing the growth and development of financial innovation and in particular equity crowdfunding in property financing
Evaluating jurisdictional and cross border issues in real estate finance investment
A reminder of important tax, Shariah and regulatory issues
Effectively managing risk: redemption, liquidity and regulation
Flexibility to allow additional investment/partial disposal
Abradat Kamalpour — Partner, Ashurst Simon Swann — Partner, Ashurst Alice Myers — Head of Property Finance & Construction, Puma Investments UK Trevor Norman — Director, Islamic Finance and Funds Group, Volaw Group
12:30 – 13:30
Luncheon
13:30 – 14:15
Session 4: Regulatory Update: An Analysis of Regulations Affecting Real Estate Transactions in Key European Markets Jake Green — Partner, Ashurst
14:15 – 15:00
Session 5: Key Structuring Issues and Considerations for Islamic Real Estate and Property Funds
Structuring issues for Islamic real estate funds: jurisdictional considerations, regulation, screening, leverage, purification, foreign ownership, costs and fees
The future and evolution of commercial property funds in Europe and where Islamic finance and investment can play a role
The evolution of Real Estate Operating Companies (REOCs) and Real Estate Investment Trusts (REITs) in the UK and the potential for the development of Islamic equivalent structures
Managing risk for Islamic property and real estate funds: liquidity, redemption and Shariah non-compliance risk
Abradat Kamalpour — Partner, Ashurst Nick Goddard — Partner, Ashurst Trevor Norman — Director, Islamic Finance and Funds Group, Volaw Group
15:00 – 16:00
Session 6: Effectively Managing Risk and Return in Real Estate Finance Transactions
Identifying key risk exposures of real estate finance investors: liquidity, redemption, foreign exchange
Reminder of risk management considerations and limitations for Shariah compliant investors
Managing regulatory and legal risk
Examining the key issue of Shariah compliance versus Shariah non-compliance risk for Islamic real estate finance and investment
