12:45 Registration
Join fellow attendees to network ahead of the event.
13:30 Chair’s Welcome and Introductory Remarks
Hear from the forum Chair, who will introduce key themes and learning points for the day.
Chair: Kevin Conibear, Director - Head of Urban Markets, Fleurets
13:40 What Constitutes ‘Leisure Property’, and Opportunities in the Experience Economy
A much debated and misunderstood topic: Peter’s session will debunk the myths, throw light on the sector, and reveal where value is to be found. Covering:
- Why ‘Leisure Property’ is so different.
- Where specialists are helpful.
- What opportunities there are in the current markets and how to find them.
Presenter: Peter Seymour, Director of Hotel and Leisure, Graham + Sibbald
14:05 Case Studies: Trends in Values and Valuation
The current state of the market - transactions involving:
- Operational risk and its effect on trading valuations.
- Value movements and trends.
- Buyer groups, finance and market dynamics.
Presenters:
Edward Higgins, Senior Director – Operational Real Estate Valuation & Advisory, CBRE
Matthew Hopwood, Senior Director – Operational Real Estate Valuation & Advisory, CBRE
14:30 Leisure Property Finance: Lending in a Higher Rate Environment
The panel will discuss how recent developments have shaped the funding landscape, including:- How things have changed and who is in the market.
- Inflation, high interest rates & ESG: the impact on operators and investors.
- Sector fundamentals: the attractiveness of leisure assets versus core investments.
- Mezzanine finance, and the evolving roles of high street and alternative lenders.
- What the future is for funding leisure properties and transactions.
Moderator: Francisca Sepúlveda, Finance Partner, Addleshaw Goddard
Panellists:
Gareth Jones, Head of Large Corporate Lending, Barclays
Patrick Grant, Partner & Head of Long Income, Alpha Real Capital
Tim Barbrook, Head of Debt Advisory, HVS Hodges Ward Elliott
Matt Soffair, Senior Research Manager, Retail and Leisure Real Assets, Legal & General Investment Management (LGIM)
15:10 Afternoon Refreshments and Networking
A chance to recharge and network with the speakers and your fellow attendees.
15:30 Health, Wellbeing and Leisure as High-Yielding Add-ons to Hotels
Thibault’s briefing explores how success in ‘adding-on’ is reflected in the hotel’s value, where:
- Capitalising on the booming health and wellness market by offering specialised services and amenities can position a hotel as a premier destination for health-conscious travellers.
- Integrating advanced health and wellness facilities can significantly enhance guest experiences and open up new revenue streams for hotels.
- Offering unique leisure and experiential activities tailored to the hotel's locale increases guest engagement and loyalty, driving repeat business.
Presenter: Thibault Catala, Founder & Managing Director, Catala Consulting
15:55 Current Trends and Lessons from the Market
The panel discusses the latest trends in leisure and real estate and their implications for rental and capital values, covering:
- Current demand and supply – the locations and types of leisure asset that present the best opportunities.
- The rental approach.
- Cost factors.
- Likely future trends.
Moderator: Kevin Conibear, Director - Head of Urban Markets, Fleurets
Panellists:
Mark Warne, Director of Hospitality & Leisure, Landsec
Lesley Males, Director, Innovation & Insight, Avison Young
Kitty Vaughan, Leasing Manager, F&B and Leisure, Pradera Lateral
16:35 Post-Forum Networking
Enjoy networking and further conversations on the afternoon’s content with fellow delegates and speakers.