An Invitation to a European Valuation Conference Friday 17th April 2015 at 9:00 to 13:00 VÖB HQ CONFERENCE CENTRE Lennéstraße 11, Berlin European Banking Union and Cross Border Valuation The financial crisis in Europe and its resolution have been a turning point for real estate because the reforms necessary to save the euro have armed the EU with property market-shaping powers with game changing impact on valuation. Whilst valuation practice in Germany and other countries is derived from local laws and customs these are being unexpectedly altered from above by the EU. The conference will deal with the impact of EU legislation and Banking Union on real estate valuation and the effect of these developments on Cross Border Valuation and German Valuation Practice. Speakers will include: • Dr Jürgen Michels, Chief Economist, Bayerische Landesbank • Jörg Quentin, Head of Valuation, Deutsche Pfandbriefbank • M Lance Coyle, President Appraisal Institute (USA) and a Speaker from Appraisal Institute of Canada • Wolfgang Kälberer, Association of German Pfandbrief Banks • Thorsten Schräder, Managing Director, Schräder GmbH Cologne • Roland Vogel, Past President, BVS • Silvia Cappelli, Vice President ASSOVIB (Italy) – Moderator • Conference language: English. • Register attendance by email: <berlin2015@tegova.de> • No attendance fee European Banking Union and Cross Border Valuation 08:30 Registration of Participants 09:00 Welcome and Introduction from Moderator, Silvia Cappelli Vice President ASSOVIB, TEGoVA, Board Member 09:05 Implication of macro-economic developments on real estate markets in DE Dr. Jürgen Michels, Chief Economist, Bayerische Landesbank 09:40 Impact of MLV valuation on mortgage and real estate markets Jörg Quentin, Head of Valuation, Deutsche Pfandbriefbank 10:10 Valuation for Mortgage Lending in North America and Lessons for Europe M Lance Coyle President Appraisal Institute and Speaker from Appraisal Institute of Canada 10:50 Coffee Break 11:20 Future of mortgage lending under the banking union and the new regulatory framework: where does the funding come from? Wolfgang Kälberer, Hon REV, Association of German Pfandbrief Banks 11:50 Cross border valuation Thorsten Schräder, Managing Director, Schräder GmbH, Cologne 12:20 Specific factors driving real estate markets using the Berlin market as example Roland Vogel, REV, former President of BVS 12:50 Open discussion and Closing Please register by email <berlin2015@tegova.de>