EY's Real Estate Workshop 2014
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  Baroness Eliza Manningham-Buller DCB

Baroness Eliza

Manningham-Buller DCB
Keynote speaker

 

Baroness Eliza Manningham-Buller headed Britain’s Security Service (MI5) from 2002 to 2007, leading the organization though substantial change in the wake of 9/11 and the threat from Al-Qaeda. During her time at the helm MI5 doubled in size, opened eight new offices and altered its approach to the professional development of staff with the establishment of a training academy. Earlier in her career, Eliza led the Service’s investigation into the Lockerbie bombing. She served in Washington during the first Gulf war, returning to establish MI5’s intelligence effort against the Provisional IRA in mainland Britain.

She joined the board and assumed lead responsibility for work on Irish terrorism, surveillance, technical collection, finance and IT before becoming Deputy Director General in charge of intelligence operations. In presentations Eliza draws on her experience in the most demanding of environments to stress the need for leaders in any walk of life to engage in frank dialogue and invite criticism: “Do not try to be something you’re not, take responsibility for your team and remember that praising people takes seconds and can make an enormous difference. And don’t forget that humour can be found even in the most awful situations.”

Baroness Eliza Manningham-Buller is a crossbench Peer and a Governor of the Welcome Trust. She was also chosen to deliver the prestigious BBC Reith Lectures, alongside the Burmese opposition leader Aung San Suu Kyi.

 

  EY - Ad Buisman

Ad Buisman

EY
Partner, Real Estate

 

Ad is Partner in our Real Estate Group and is a member of the Global RHC Management committee. He joined EY in January 1994 and provides professional real estate and construction services in the fields of Auditing, Corporate Real Estate Advisory Services and Transaction Support. Ad is a member of the Best Practice Committee of EPRA and leads EY Global IFRS Real Estate and Construction interpretation desk.

 

  Alex Jeffrey

Alex Jeffrey

M&G Real Estate
Chief Executive

 

Alex has been Chief Executive of M&G Real Estate (formerly PRUPIM) since July 2012 and is also a Director of its parent company M&G Investments, the investment arm of Prudential Plc. M&G Real Estate is the real estate fund management business of M&G. It has approximately £17 billion under management invested in a broad spread of properties across Europe, North America and the Asia Pacific Region. Alex has broad experience in international real estate investment in Europe and Asia, with a strong track record of growing businesses.

 

  Anne Kavanagh

Anne Kavanagh

AXA
Global Head of Asset Management and Transactions

 

AXA Real Estate manages over €45 billion of assets. In this role, Anne is responsible for AXA Real Estate’s activities in asset management including transactions and development and is also a member of the Management Board and Investment Committee. Prior to joining AXA Real Estate Anne was Managing Director at Lazard.

Anne is also a trustee of the Urban Land Institute and a board member of the British Property Federation.

 

  Bernd Stahli

Bernd Stahli

Kempen & Co
Head of Property

 

Bernd Stahli has been Head of Property at Kempen & Co since September 2013, where he is responsible for managing the property securities team and leading global product development. Prior to this he was European Property Analyst at Bank of America — Merrill Lynch in London for 14 years.

A highly ranked analyst, he has extensive knowledge of the global real estate securities markets. Prior to BofA-ML Bernd ran a global real estate securities fund, was a fund manager of an Asian real estate securities fund and used to be an analyst on the US REIT market. Bernd is a Dutch national and is a CFA charter holder.

 

  EY - Dean Hodcroft

Dean Hodcroft

EY
Head of Real Estate, Hospitality & Construction, UK&I

 

Dean is Head of RHC for EY in the UK and Ireland and has spent 25 years with EY, gaining real estate experience from day one. His experience includes dealing with Owners, Investors, Funds, Fund Managers, Lenders, Occupiers and support service providers, domestic and international, to the Real Estate Industry.

After making Partner in 2001, Dean led our Real Estate Tax group for the UK and was subsequently appointed as Head of our Real Estate Industry practice for EMEIA. In this role Dean led a team of 3,000 professionals throughout EMEIA providing assurance, taxation, transaction and advisory services to the Real Estate, Hospitality and Construction Sectors.

Dean now leads our 300 strong UK and Ireland Real Estate team from his London base.

 

  Blair Lewis

Blair Lewis

Hatfield Philips International
CEO

 

Blair Lewis has been appointed CEO of Hatfield Philips International (HPI) effective in January 2014. HPI is one of Europe’s largest commercial real estate primary and special loan servicers with more than £18.5 billion assets under management.

Prior to joining HPI, Blair served as Managing Director at RBS from 2008 where he was responsible for managing the non-core real estate portfolio in the UK and Europe. In this position, Blair formulated and executed the deleveraging strategy for over £20 billion of non-core property lending across nine jurisdictions. Blair has over 17 years of experience in structured finance markets with a specialization in syndication and origination of structured property mortgage loans and CMBS. Prior to re-joining RBS, Blair was Head of Origination for ABN-Amro’s Structured Property team for four years and held previous positions at RBS and Société Générale.

 

  EY - Douglas Johnston

Douglas Johnston

EY
Climate Change & Sustainability Leader

 

Doug is the Partner leading EY’s Sustainability Services practice in the UK and Ireland. He has almost 20 years’ experience in the area of social and environmental performance, working with some of the world’s largest organizations to help build business value through their approach to the management of environmental and social factors.

His clients cover a wide range of sectors from real estate through to global oil and gas corporations. He represents EY on emerging thinking on communicating sustainable value and in integrating environmental and social performance into business practices and has spoken at several conferences on these topics. He is married with three children and has a degree in Economics and Geography and a Master’s in Environmental Policy.

 

  Guillaume Cassou

Guillaume Cassou

KKR
Director, Private Equity

 

Guillaume Cassou joined KKR in 2012 and is responsible for the European Real Estate team. Prior to KKR, Guillaume was an Executive Director at Goldman Sachs Real Estate Principal Investment Area in London since 2007 focusing on real estate and real estate related investments across Europe. Previously Guillaume worked in Goldman Sachs Investment Banking Group from 2001 to 2007, where he was involved in a number of mergers, acquisitions, and capital market transactions. He holds an M.Sc. from Ecole Polytechnique, Paris.

 

  Ion Fletcher

Ion Fletcher

British Property Federation
Director of Finance Policy

 

Ion Fletcher is the Director of Finance Policy at the British Property Federation (BPF). He is responsible for developing the UK real estate industry’s response to policy decisions affecting real estate businesses from a tax, finance and market regulatory perspective. Ion was previously a tax advisor in EY’s real estate group and has a degree in Management Sciences from the University of Warwick. His non-work interests include kung fu, bouldering and hiking.

 

  EY - Howard S. Roth

Howard S. Roth

EY
Global Real Estate Leader

 

Howard S. Roth is EY’s Global Real Estate, Hospitality and Construction Leader. He oversees the practice’s strategic planning which include a network of over 10,000 dedicated real estate professionals worldwide. Howard has over 30 years of diversified tax and financial advisory experience with clients in the real estate and financial services industries. He has worked extensively with financial institutions, private equity, REITS, and real estate investment funds, advising them on transactional analysis, acquisitions due diligence, tax savings strategies and business operations.

Howard’s experience includes; structuring transactions for corporations, partnerships and institutional real estate owners and lenders including public and private company mergers and acquisitions, bankruptcy and non-judicial reorganizations, and planning for foreign and tax-exempt owners of real property.

Howard is a member of the American Institute of Certified Public Accountants and the New Jersey, New York and Connecticut State Society of Certified Public Accountants. He is a Governor and Trustee of The Urban Land Institute.

 

  Jean-François Le Teno

Jean-François Le Teno

AXA Real Estate
Global Head of Operations and Operational Architecture

 

Jean-François’s current role involves various cross-functional organization projects, the management and evolution of AXA Real Estate’s global information and data management systems, as well as of Back Office Teams across the firm. Jean-François sits on the AXA Real Estate Executive Committee.

Jean-François has previously been in charge of setting up and implementing AXA Real Estate’s responsible investment strategy. He also sits on the Supervisory Committee of Groupe Logement Francais, a leading French social housing company.

Before joining AXA Real Estate, Jean-François was Head of Governance for two years at AXA Investment Managers, working specifically on the management control of the IT Department. Prior to joining AXA Investment Managers, Jean-François worked several years for the Finance and IT departments at Société Générale CIB, coordinating the global IT budget and then becoming Secretary General for the Global Equity and Derivatives business line IT.

 

  EY - Jeremy Osborn

Jeremy Osborn

EY
Integrated Reporting Leader

 

Jeremy is a Senior Manager in EY’s Climate Change and Sustainability Services, where he specializes in the role of the CFO in embedding and reporting on sustainability. Jeremy supported the launch of the international movement for Integrated Reporting whilst on secondment to The Prince’s Accounting for Sustainability Project and now leads EY’s client projects in this area, most recently with The Crown Estate and its award-winning inaugural Integrated Report. During his consulting career he has provided advice across clients in financial and professional services, central and local government, FMCG and the property sector, and also has experience of transformational outsourcing projects.

Jeremy is a Fellow of the Chartered Institute of Management Accountants and holds a D.Phil. on the history of the East India Company. Jeremy graduated from Oxford University with a first class honours degree in Modern History.

 

  EY - Josh Herrenkohl

Josh Herrenkohl

EY
Global Real Estate Advisory Services Leader

 

Josh is the Global Real Estate Advisory Services Leader and the US Construction and Real Estate Advisory Services Practice co-leader. In this capacity, Josh oversees all aspects of the firm’s corporate real estate, construction and real estate investor advisory services, with focus on cost reduction, risk mitigation, strategy, technology and operational improvement services to corporations, public sector organizations, real estate private equity funds, REITs, operators, developers and institutional investors. Josh has a significant track record assisting numerous real estate and construction organizations, based both in the US and internationally. He has assisted these organizations in assessing and implementing technologies and leading practice processes, controls and reporting structures in furtherance of increased transparency, governance, risk management and efficiency.

Other areas of expertise include project management, back office sourcing and post-merger integration. Josh is one of the firm’s leaders in the area of real estate cost reduction, where he has assisted numerous organizations in reducing the costs associated with both their real estate portfolio and overall real estate operations.

 

  Jos Short

Jos Short

INTERNOS
Founding Partner and Executive Chairman

 

INTERNOS manages €4.1 billion of assets from 7 offices in 11 European jurisdictions. They have grown through a combination of M&A, fund manager replacement and takeover and new funds most notably the Hotel Fund series. Prior to forming INTERNOS five years ago Jos was CEO — Merchant Banking Europe for Pramerica Real Estate Investors and before that was a banker at Lazard, Barings and Warburgs. Jos is a non-executive director of Great Portland Estates.

 

  Keith Breslauer

Keith Breslauer

Patron Capital
Managing Director

 

Mr. Breslauer founded Patron Capital in 1999 and is the Managing Director of Patron Capital Limited, the investment adviser to the Patron Capital Funds (including Patron Capital Captive Fund, Funds I–IV). Total capital under management represents approximately €2.5 billion from leading US and European institutions, endowments, pension funds and family offices. The Patron Funds primarily focus on investments in companies and assets associated with property and property related activities, and typically impaired due to a liquidity event or some degree of distress at the borrower or asset level.

Mr. Breslauer is active as a Patron of numerous charities. He has an MBA degree from University of Chicago and a B.Sc. degree from NYU School of Business and is an accomplished alpinist and skier.

 

  Kaushik Shah

Kaushik Shah

COO Europe
Pramerica Real Estate Investors

 

Kaushik Shah has oversight and committees responsibilities across Europe for governance & operating management, risk management, funds operations, regulatory, compliance & resourcing developments and management information systems. Previous roles at Pramerica include Principal in the Global Merchant Banking Group, board member of portfolio investment companies and oversight of European Asset Management. Prior to joining Pramerica Real Estate Investors in 1999, Mr. Shah was Finance Director and Group Financial Controller with a UK real estate investment & development group.

Mr. Shah’s other experience includes finance and auditing roles in financial services and with PricewaterhouseCoopers and Grant Thornton International.

Pramerica Real Estate Investors (Pramerica) is the real estate investment management business of Prudential Financial, Inc.1 in the United States, which has been managing assets for over 135 years and has assets under management of over $1 trillion as at September 30, 2013 .

 

  EY - Mark Gregory

Mark Gregory

EY
Chief Economist

 

Mark Gregory is a business economist helping “Build a Better Working World” by using EY’s investment in economic research to help our clients understand the implications of the changing economic environment for their businesses and stakeholders. He focuses on the macroeconomic environment, global trade and exports, rise of the emerging markets, economics and capital markets, inward investment, transactions, entrepreneurship and youth unemployment.

Mark holds a Bachelor’s Degree in Economics and a Master’s degree in Business Economics from the University of Manchester. Mark has over 20 years of experience in over 40 countries as an advisor to governments and industry on economics, strategy, policy and regulation.

 

  Laurent Luccioni

Laurent Luccioni

PIMCO Europe
Executive Vice President and Portfolio Manager

 

Laurent Luccioni is an Executive Vice President and Portfolio Manager in the London office heading commercial real estate investments for Europe. Prior to joining PIMCO in 2013, he was the European CEO for MGPA, the Macquarie-backed private equity real estate investment advisory company. Additionally, he worked with Cherokee Investment Partners in London. He has 15 years of investment and financial services experience and holds an MBA from Kellogg School of Management at Northwestern University and a doctorate in civil and environmental engineering from University of California, Berkeley.

 

  EY - Mathieu Roland-Billecart

Mathieu Roland-Billecart

EY
Partner, Real Estate Corporate Finance

 

Mathieu is a Partner in the Real Estate Corporate Finance team in London. He leads our Real Estate Loan Portfolio Solutions team advising both buyers and sellers of real estate loans.

He is an experienced corporate and project financier having worked on a wide variety of transactions, including buy side/sell side M&A, capital raising and restructuring mandates.

He has recently been involved in a number of high profile real estate restructurings acting as adviser to banks, special servicers and borrowers as well as banker when on secondment to RBS Real Estate Restructuring team (June 2010–June 2011).

 

  Michael Marx

Michael Marx

Development Securities
CEO

 

CEO of Development Securities, whose board he joined nearly 20 years ago. Prior to that Michael was Finance Director and Commercial Director at Heron International. Also, currently Chairman of Nationwide Accident Repair Services Plc which is listed in London. Development Securities Plc is an Investment and Development operation active only in the UK and Dublin.

 

  Neil Hasson

Neil Hasson

MacQuarie
Senior Managing Director Head of Real Estate

 

Neil Hasson is Senior Managing Director and Head of Real Estate Lending Europe for Macquarie’s Corporate and Asset Finance (CAF) business. CAF is the credit focussed principal investment arm of Macquarie Bank and provide innovative and traditional capital and financing solutions to clients throughout Europe. CAF has made over $20 billion of new lending commitments to more than 200 clients since 2009. Prior to joining Macquarie, Neil spent eight years running Citi’s European private equity platforms.

These platforms invested in excess of EUR 1 billion of equity capital in multiple asset classes in multiple jurisdictions. Notable transactions include a EUR 250 million equity investment in Deutsche Annington and a EUR 360 million investment in the recapitalization of Atrium, formerly known as Meinl European Land. Neil’s earlier career included Goldman’s Whitehall Funds and DLJ Real Estate Capital Partners.

Neil has an MBA from the Wharton School of Business and a BSC in Electrical Engineering from the University of Cape Town. Neil lives in Hampstead together with his wife and two teenage children.

 

  EY - Michael Hornsby

Michael Hornsby

EY
EMEIA Real Estate Funds Leader

 

Michael is EY’s EMEIA Real Estate Funds Leader. He is a member of the EMEIA Asset Management board and of the Global Real Estate board, specializing in international real estate and private equity structures, and leading the practice in Luxembourg.

Michael has 20 years of experience in audit and business advisory. He is experienced in the design and launch of the operating and governance structures and has played a leading role in the development of the financial frameworks of such funds including NAV methodologies, accounting standards, valuation methodologies and performance measures through his role at ALFI and INREV. He is a member of the RICS and lead the development of the INREV integrated guidelines.

 

  Nick Scarles

Nick Scarles

Grosvenor
Group Finance Director

 

Nicholas Scarles was appointed to the Board in 2006, having joined Grosvenor in 2004. He was previously at Centrica, Price Waterhouse and Coopers and Lybrand in London, New York and Toronto. He is a Governor of the Haberdashers’ Elstree Schools, Member of the Court of Assistants of the Haberdashers Livery Company and a Non-Executive Director of Sonae Sierra SGPS. Nick is Chairman of the Vision for Real Estate Finance Group, a cross industry group which has produced initial recommendations to ensure financial stability following the next commercial real estate crash.

 

  Patrick M. Kanters

Patrick M. Kanters

APG Asset Management
Managing Director for Global Real Estate

 

APG Asset Management is specialized in managing pension capital, offering asset management services to the pension funds of the government, education and construction sectors and housing corporations. Based in the Amsterdam office he is responsible for all real estate and infrastructure activities. The holdings are concentrated in securities of publicly traded real estate and infrastructure companies and selected private entities, funds and co-investments in Europe, the Americas and Asia Pacific. Prior to joining APG (then ABP) in 2005, Patrick worked for ING Real Estate for 11 years. Most formerly he was Managing Director of the Investment Management department covering the European markets.

Patrick is member of the Board of Steen & Strom, the leading Scandinavian shopping center investor, operator and developer. In addition, Patrick is chairman of the Management Board of INREV and member of the Executive Board of the European Public Real Estate Association.

 

  Robert Noel

Robert Noel

Land Securities
Group Chief Executive

 

Robert Noel was educated at Marlborough College and Reading University. From 1992 to 2002, he was a Director of Nelson Bakewell Ltd, the property services group. He joined Great Portland Estates the FTSE 250 REIT, in June 2002 as part of a new management team, and was appointed to the Board in August 2002. He joined Land Securities Group Plc in January 2010 and was appointed to the Board as Managing Director of its London business responsible for 10 million sq ft of commercial floor space in the capital; and was appointed Group Chief Executive from 1 April 2012. Robert is a Trustee and Director of LandAid, the property industry charity, and sits on the policy committee of the British Property Federation.

He is a Past Chairman of the Westminster Property Association and formerly a Director of The New West End Company, the central London business improvement district. Robert has over 25 years’ experience in a number of sectors within the property market. He has extensive knowledge of the London commercial property market in particular and of strategic development.

 

  EY - Rishi Bhuchar

Rishi Bhuchar

EY
Partner, Real Estate Corporate Finance

 

Rishi has over 15 years of experience in the real estate industry, and has worked in real estate markets around the world including the UK, the Middle East and North Africa, India and Singapore.

He has extensive experience in M&A (both public and private), the debt and equity capital markets, principal real estate investing and real estate advisory work. Rishi joined EY in 2011 from MGPA, a real estate private equity fund, where he was a Managing Director. Prior to this he was in the Real Estate Investment Banking teams at both Citigroup and Deutsche Bank, where he was head of the UK.

 

  Russell Platt

Russell Platt

Forum Partners
Co-founder and CEO

 

Russell has 30 years of experience working in real estate finance and investment. From 1982 to 1999 Mr. Platt served as Managing Director of Morgan Stanley & Co. where he was involved in all aspects of its real estate business. He founded and managed the global real estate department of Morgan Stanley Asset Management, which managed over USD $2 billion in private real estate and listed real estate securities worldwide on behalf of institutional and individual investors.

Prior to that, he served as a Director of the Morgan Stanley Real Estate Funds and for 12 years as a member of Morgan Stanley’s real estate investment banking team. Immediately prior to founding Forum Partners, Mr. Platt served as Managing Director of Security Capital Research and Management where he was responsible for the firm’s private equity and international investment businesses and, prior to that, as president of JER Partners — International.

 

  Scott Woroch

Scott Woroch

Four Seasons Hotels and Resorts
Executive Vice President, Worldwide Development

 

As Executive Vice President, Worldwide Development for Four Seasons Hotels and Resorts, Scott Woroch is responsible for the company’s global expansion. With over 40 new properties currently in the pipeline, his mission to identify quality destinations, sites and third-party partners is only set to intensify.

Woroch joined Four Seasons in 2000 as Vice President Business Development, Asia Pacific, after a 10-year career in hotel development, representing both hotel companies and real estate owners. Prior to entering the hospitality industry, he had a successful career practicing real estate law in Washington D.C. He has an A.B., cum laude, from Cornell University, majoring in Political Science, and a Law degree from the George Washington University National Law Center.

 

  Neil Kirk

Neil Kirk

Westmont Hospitality Group
Transactions Director

 

Neil Kirk serves as the Transactions Director for Westmont Hospitality Group’s European investment portfolio. Since joining Westmont in 2005, Neil has overseen the closing of transactions across Europe on both a portfolio and single asset basis. Westmont currently works with all the leading brands and has had an ownership interest in and operated over 1,100 hotels across three continents. Prior to joining Westmont Neil was at KPMG.

 

  Rod Taylor

Rod Taylor

Taylor Global Advisors
Managing Director

 

Rod Taylor established Taylor Global Advisors Ltd (TGA) in early 2009. While a career banker, he has focused on the Hospitality & Leisure sector for two decades or more. Prior to TGA, he was Head of Hospitality and Tourism at Europe Arab Bank where he helped develop a “Bridge to Mena” strategy which sought to facilitate a two way flow of investment between the Western and Arab worlds. Before EAB, he was Head of Hotel Financing for Barclays Bank and established a team capable of interfacing effectively with investors/owners seeking assistance varying from a single asset to a portfolio of cross border assets.

Alongside this, he has since 2008 been a non-executive director (NED) of Firmdale Hotels a leading “boutique” chain of 5 hotels with seven currently open in Central London and another, Ham Yard Hotel due to open in May 2014. The group also owns the Crosby Street Hotel in Manhattan with another on 56th St under construction.

 

  Naureen Ahmed

Naureen Ahmed

STR Global
Manager, Marketing and Analysis

 

Naureen Ahmed is responsible for STR Global‘s marketing, brand and communication efforts globally, while also providing key insights into hotel performance. She joined STR Global in 2010 as Forecast Analyst and was responsible for STR Global’s Hotel Market Forecast Reports for over 40 global markets.

Naureen regularly attends and presents at client events and conferences. She graduated from Ecole Hoteliere de Lausanne in 2006 and moved to London shortly after to work at the Landmark London Hotel as a member of the Revenue Centre team.

 

  EY - Nam Quach

Nam Quach

EY
Head of Leisure, Lead Advisory

 

Nam heads up our leisure franchise in Lead Advisory and recently joined EY having spent 13 years in investment banking. He has been involved in a number of high profile hotels and leisure corporate finance transactions in Europe over the last few years, dealing with corporates, private equity, and private buyers, including HNWIs and family offices.

Nam leads a team of specialist individuals, based in London, which forms part of the wider Real Estate Corporate Finance group.

 

  Duncan MacPherson

Duncan MacPherson

Starwood Capital Group
Vice President, Acquistions & Finance

 

Duncan joined Starwood Capital Group in March 2012 from Citi where he was a director in the commercial real estate finance team in London. Duncan is responsible for Starwood’s debt capital markets activities in Europe arranging financing for Starwood’s debt and equity businesses across Europe.

Starwood has borrowed in excess of $1.5 billion of debt secured hotel assets in Europe in the past two years. It is a private, US-based investment firm with a core focus on global real estate. Since the group’s inception in 1991, the firm has raised approximately $23 billion of equity capital and acquired over $45 billion in assets. Starwood Capital Group currently has $32 billion of assets under management. They maintain offices in Greenwich, Atlanta, San Francisco, Washington D.C., Los Angeles, Chicago and Miami, and affiliated offices in London, Luxembourg, Paris, Frankfurt and Sao Paulo.

 

  Michelle Weiss

Michelle Weiss

Aareal Bank
Vice President, Special Property Finance Hotel Properties

 

Michelle Weiss, is part of the hotel team at Aareal Bank AG, one of the leading debt financing providers within the hospitality industry. The bank currently holds a portfolio of approximately €5.5 billion of hotel financing in more than 25 countries across Europe, North America, and Asia. Aareal Bank’s hotel team focuses primarily on lending to firstclass hotels in prime locations as well as portfolio transactions. Prior to that, she was a Senior Associate at HVS Hodges Ward Elliott, focusing on the sale and financing of hotels as well as operator selections.

She joined the team from HVS Madrid in 2007, where she conducted feasibility and market studies and performed hotel valuations for major hotel clients. Formerly Ms. Weiss gained insight in international luxury hotel operations by working at the Grand Hotel Heiligendamm, Germany and the Hôtel de Paris, Monaco. Ms. Weiss is a CFA Charterholder and graduated from Ecole hôtelière de Lausanne in 2005 and holds a Bachelor of Science in International Hospitality management.

 

  EY - Michael A. Fishbin

Michael A. Fishbin

EY
Global & Americas, Hospitality Leader

 

Michael is EY’s Global & Americas Hospitality Leader. The hospitality practice focuses on audit, tax, transactions, development, valuations, operations and strategy. Michael is an active advisor to hospitality companies, developers, private equity funds, lenders and governments in all aspects of the hospitality, leisure and tourism industries. Recently, Michael has served as lead advisor on numerous high profile M&A and development transactions.

Michael is an adjunct faculty to NYU’s Tisch Center for Hospitality, Tourism and Sports Management. He holds a BA from Union College and received his Masters Degree from the School of Hotel Administration at Cornell University.

 

  Desmond Taljaard

Desmond Taljaard

Mildmay Capital
CEO

 

Desmond served from October 2006 to March 2013 as COO, Europe for Starwood Capital with responsibility for Asset Management. Desmond also led all Hospitality Acquisitions.

At Starwood Capital Desmond completed the acquisition of the Golden Tulip Group, comprising 200 managed and franchised hotels across the globe; the 50:50 purchase of The Cumberland Hotel, London (with London and Regional); the Crowne Plaza Shoreditch and HMA to convert to an ACE; and the £300 million+ acquisition of the Principal Hayley Group.

Desmond also co-chaired the Starman JV which re-positioned 32 service Le Meridien hotels across Europe. From October 2004 to September 2006 Desmond was M&A and Development Director for Whitbread Group plc, driving the exit from the UK Marriott business for c£1,000 million, and the creation of a JV with Emirates Airlines to roll out Premier Inn in the GCC.

 

  EY - Cameron Cartmell

Cameron Cartmell

EY
Head of Hospitality and Leisure, UK&I and EMEIA

 

Cameron leads the European, Middle East, Indian and African Hospitality and Leisure team for EY, having specialised in the sector for the past 18 years. Cameron has a particular focus on the Hotel and Betting and Gaming industries with experience of working with a number of the leading global Operators and is the lead Audit Partner for Hilton Corps International Operation which recently float on the US Market.

Cameron has experience of working with clients delivering a number of services including Audits, Internal Audits and control reviews, Vendor Due Diligence, Merger and Acquisitions and Feasibility Studies.

 

  Carmen Hui

Carmen Hui

Host Hotels & Resorts
Senior Vice President of Acquisitions, Europe

 

Carmen Hui is responsible for acquiring hotel investments on behalf of Host and its joint venture partners in Europe, GIC RE and APG. Since joining Host in 2004, Carmen has been involved with hotel real estate acquisition transactions totaling over US$6 billion. She also played a key role in establishing Host’s European joint venture in 2006 with €540 million of equity capital and a subsequent follow-on fund in 2011 with €450 million of equity capital. In 2012, Carmen led a €440 million portfolio acquisition of five hotels located in Paris and Amsterdam, one of the biggest European hotel transactions of the year. Host’s European JV portfolio currently comprises 19 hotels with approximately 6,400 rooms across nine countries.

Host acts as the general managing partner and asset manager for the partnership. Prior to joining Host, Carmen worked for Morgan Stanley’s Mergers & Acquisitions and Real Estate teams in New York and Hong Kong. She graduated with honours from Yale University with a Bachelor of Arts degree having double majored in Economics an Mathematics and International Studies. Carmen was the recipient of the IHIF Young Leader Award in 2013.

 

  EY - Andreas Ewald

Andreas Ewald

EY
Executive Director, Head of Hospitality GSA Transaction Real Estate

 

Andreas Ewald is an Executive Director in the EY Real Estate GmbH team (formerly Arthur Andersen Real Estate GmbH) and Head of Hospitality for GSA. He has 12+ years’ experience in the real estate and hospitality sector with a focus on investment advisory and transaction services. He has professional expertise in investment advisory and transactions services, specialization in managed properties (hotels, senior residences and clinics), structuring and supervising portfolio and single property valuations and financial modeling of portfolio transactions.

In 2004 Andreas received a Master of Science in Real Estate at the European Business School in Oestrich-Winkel

 

  EY - Helena Burstedt

Helena Burstedt

EY
Director

 

Helena has long and consolidated experience and is an established hotel expert in the Spanish hotel market. She has spent the last 12 years providing consultancy, investment and valuation advice services for the real estate sector in general and the hotel sector in particular. Helena has analyzed more than 60,000 hotel rooms and participated in a long list of hotel asset transactions and hotel debt financing operations and while focusing her career on Spain and Portugal, she also has experience in Croatia, Morocco, Mexico and China. Her broad client base includes most types of players in the market, including international and national funds, hotel chains, property companies, international and national banks as well as public administrations.

Helena is currently Director at EY, heading up the hospitality lead advisory in Spain. She is also an associate professor at the renowned IE Business School in Madrid.