THE<br/>TRISH BARRIGAN & RON RAWALD<br/>MEMORIAL<br/>GRI CHAIRMEN'S RETREAT<br/>2021

THE
TRISH BARRIGAN & RON RAWALD
MEMORIAL
GRI CHAIRMEN'S RETREAT
2021

14-17 January 2021
Badrutt's Palace Hotel
St Moritz
IN LOVING MEMORY
We vividly and fondly remember you.
We deeply miss you.

A private encounter.

A private encounter.
BY PERSONAL INVITATION
The Trish Barrigan and Ron Rawald Memorial GRI Chairmen’s Retreat 2021 will take place in St Moritz on 14-17 January.

By personal invitation only, the GRI Chairmen’s Retreat is a 3-day, living-room conversation reserved for the global real estate head within any organization or the immediate #2.

This annual reunion is on a first name basis and is limited to substantial real estate investors, owners, developers and lenders (only asset owners are invited).

Over 60% bring their spouses.

There is no meeting more senior of the real estate industry’s leadership.

If you think your company’s real estate chiefs fit the profile and belong at such an unusual gathering, we would be happy to review inquiries here for consideration as members of the GRI Chairmen’s Retreat.

What if

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?
 
What if…
… 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?
 
What if, indeed ?
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.

Schedule

Wednesday 13
INVITATION REQUEST
12:00 - 24:00
Arrivals
Consider: choose daylight train from Zurich Airport and spend last 2 hours to St Moritz travelling through a legendary winter wonderland.
19:30 - 20:45
Pop-in Pop-out Welcome Drinks
Members & Spouses
20:30 - 23:00
Private dinner or join and leave at one's convenience one of members' communal dinners at restaurant nearby
Thursday 14
INVITATION REQUEST
08:45 - 17:30
Sessions
Members
09:00 - 16:00
Sports & Activities instructor-guided in small GRI groups
Spouses | Partners
19:00 - 23:00
Gala Drinks | Dinner
[jacket (tie optional)]
Friday 15
INVITATION REQUEST
08:30 - 16:00
Sports & Activities instructor-guided in small GRI groups
Members & Spouses
16:00 - 17:00
Café, Kirsch & Cake
Members & Spouses
17:00 - 18:30
Keynote & Wrap-up
Spouses welcome
20:30 - 23:00
Private dinner or sign up at concierge to join one of independent member's restaurant reservations around town
Saturday 16
INVITATION REQUEST
08:30 - 16:00
Sports & Activities instructor-guided in small GRI groups
Members & Spouses
17:30 - 18:30
Goodbye Cocktails
Members & Spouses
[Grand Halle]
20:30 - 23:00
Private dinner or sign up at concierge to join one of independent member's restaurant reservations around town
Sunday 17
INVITATION REQUEST
08:00 - 14:00
Departures

Sessions

Thursday 14
(members only)
INVITATION REQUEST
08:45
Opening Session
10:00
Breakouts - I
11:00
Break
11:45
Reporting
12:45
Buffet lunch
Tour du Monde
Spouses | Partners welcome
13:45
Wilful blindness
Scary the uncharted future?
Dr. Margaret Heffernan
Professor of Practice
University of Bath
14:45
Break
15:00
Breakouts - II
16:00
Break
16:45
Reporting
17:30
Adjourn
Friday 15
(spouses welcome)
INVITATION REQUEST
16:00
Cafe, kirsch & cake
17:00
Terra incognita
What other Black Swans
hiding in plain sight?
Ian Goldin
Professor of Globalisation and Development
Oxford Martin School on the Future of Humanity
Oxford University
18:00
Wrap up
18:30
Adjourn to 2022

Keynotes

Thursday 14
<strong><span style="color:#6ba9dc">Wilful blindness<br />
<em>Scary the uncharted future?</em></span></strong>
Wilful blindness
Scary the uncharted future?
Dr. Margaret Heffernan
Professor of Practice

Dr. Margaret Heffernan produced programmes for the BBC for 13 years.  She then moved to the US where she spearheaded multimedia productions for Intuit, The Learning Company and Standard&Poors. She was Chief Executive of InfoMation Corporation, ZineZone Corporation and then iCast Corporation, was named one of the “Top 25” by Streaming Media magazine and one of the “Top 100 Media Executives” by The Hollywood Reporter.  

The author of six books, Margaret’s third book, Willful Blindness : Why We Ignore the Obvious at our Peril was  named one of the most important business books of the decade by the Financial Times. In 2015, she was awarded the Transmission Prize for  A Bigger Prize: Why Competition isn’t Everything and How We Do Better, described as “meticulously researched…engagingly written…universally relevant and hard to fault.” Her TED talks have been seen by over twelve million people and in 2015 TED published Beyond Measure: The Big Impact of Small Changes. Her most recent book, Uncharted: How to map the future was published in 2020 and quickly became a bestseller. She is a Professor of Practice at the University of Bath, Lead Faculty for the Forward Institute’s Responsible Leadership Programme and, through Merryck & Co., mentors CEOs and senior executives of major global organizations. She holds an honorary doctorate from the University of Bath and continues to write for the Financial Times and the Huffington Post.

Friday 15
<strong><span style="color:#6ba9dc">Terra incognita<br />
<em>What other Black Swans<br />
hiding in plain sight?</em></span></strong>
Terra incognita
What other Black Swans
hiding in plain sight?
Ian Goldin
Professor
Ian Goldin is Oxford University Professor of Globalisation and Development, Director of the Oxford Martin Programme on Technological and Economic Change and founding Director of the Oxford Martin School. Ian previously was Vice President of the World Bank and the Group’s Director of Policy, after serving as Chief Executive of the Development Bank of Southern Africa and Economic Advisor to President Nelson Mandela. Ian has served as Principal Economist at the EBRD and the Director of Programmes at the OECD Development Centre. He has a MSc from the London School of Economics, and an MA and DPhil from the University of Oxford. Goldin has been knighted by the French Government and received numerous awards, including being selected as Global Leader of Tomorrow by the World Economic Forum. He has published twenty-two books, which have been translated into over thirty languages. His most recent book is Terra Incognita: 100 Maps to Survive the Next 100 Years (Penguin), published in August 2020. His previous books include Age of Discovery: Navigating the Storms of Our Second Renaissance (Bloomsbury) and his OUP books, Development, A Very Short Introduction, “Is the Planet Full?” and Divided Nations.  In his book The Butterfly Defect (Princeton) Ian predicted that a pandemic was inevitable and would be the most likely cause of the next financial crisis. He has authored and presented three BBC Documentary Series After The Crash, Will AI Kill Development? and The Pandemic That Changed the World, broadcast in July 2020. He has been featured on BBCHardTalk to discuss the pandemic and frequently interviewed on major global media.  He is a highly acclaimed regular speaker at TED, Google Zeitgeist and WEF Davos, and lectures at Oxford, Tsinghua and Harvard. He provides advisory and consultancy services to the UN, EU, OECD, World Bank, IMF and a wide range of governments and Fortune 500 global companies. Ian has been the Senior Independent Director, Chaired and served on all key board committees of over a dozen publicly listed and private firms. Ian is on twitter @ian_goldin and his website is https://iangoldin.org/.

Breakouts

Depending on member vote, 6 to 8 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.
Dry Powder
Why bother when endless stimulus?
[Provocateur-led discussion]

Death of Globalisation
Who wins, who loses?
[Provocateur-led discussion]

Printing money
Impunity forever or punished by inflation?
[Provocateur-led discussion]

Europe growth
What could possibly go right?
[Provocateur-led discussion]

Kicking tyres
Is Covid stopping deal-making?

Investment strategies
Blueprints needing overhaul?
Repurposing assets to new uses
Trickle or gusher?

Offices
Will work-from-home last post-vaccine ?

Retail
Devastated enough for contrarians ?

Build to rent resi
Endless demand or prices too high?

Urban Logistics
Do the numbers work?

Hotel distress
Golden bargains or painful slog?

USA
Safe as houses or crash imminent?

MEMBERS 2020 (PAST)

 
ALEXANDER KOBLISCHEK
Managing Director
RFR Management GmbH
 
ALEXEY BLANIN
CEO
AB Development
 
AREF LAHHAM
Founding Partner & Managing Director
Orion Capital Managers
 
AUDREY KLEIN
Head of Investor Relations (Funds)
Kennedy Wilson
 
BERND KNOBLOCH
Chairman
Continuum Capital
 
BERND RUCK
Co-Founder
SAX Holding GmbH
 
BRAD HYLER
Managing Partner, Real Estate
Brookfield
 
BRIAN NILES
Head of REI Europe
Morgan Stanley
 
BROOKS BLAKE
Partner
Kew Capital
 
 
BRYAN YORK COLWELL
Co-Founder & Managing Partner
LCN Capital Partners
 
CHRIS PAPACHRISTOPHOROU
Managing Partner & Founder
Invel Real Estate
 
CHRISTIAN JAMISON
Managing Partner
Valor Real Estate Partners
 
CHRISTO ILIEV
Founder & CEO
Lion's Head
 
CHRISTOPHER MURRAY
Managing Director
Concord London Developments
 
CHRISTOPH SCHUMACHER
Global Head RE
Credit Suisse Asset Management
 
CIARAN MCNAMARA
Co-Founder and Managing Director
Signature Capital
 
DAN-DAVID GOLLA
CEO
Golla Capital
 
DANIEL DEJANOVIC
Head of European RE & Senior MD
Cerberus Global Investments
 
 
DAVID COLLETT
Managing Director - RE
KAUST IMC
 
DAVIDE ALBERTINI PETRONI
Managing Director
Risanamento
 
DINO PAPARELLI
Head of European Commercial Real Estate
Deutsche Bank
 
DIRK BRANDES
Executive Board Member
NATIXIS Pfandbriefbank AG
 
EDUARDO D’ALESSANDRO
Partner
Castlelake
 
EDWARD ALDAG JR.
Chairman, President & CEO
Medical Properties Trust
 
EDWARD SISKIND
Founder & CEO
Cale Street Partners LLP
 
ERIC ASSIMAKOPOULOS
Founder & Managing Partner
Revetas Capital
 
FABIO LONGO
Managing Director
Bain Capital Credit
 
 
FLORIAN SCHAEFER
Senior MD
Northwood Investors International Limited
 
FRANÇOIS TRAUSCH
CEO
Allianz Real Estate
 
GÁBOR FUTÓ
Founder & Owner
Futureal
 
GUSTAVO NICOLAU
Diretor
Akylas Patrimonial
 
HUNT DOERING
Managing Director
Baupost Group International
 
IAN BAGGETT
CEO & Founder
Adderstone Group
 
ILYAS ASLAM
COO
Quadrum Global
 
JAMES CORL
Managing Director
Siguler Guff & Company. LP
 
JARED HART
Head of Acquisitions
Maya Capital
 
JEAN-LOUIS CHARON
Chairman
Citystar
 
 
JIM BLAKEMORE
Managing Partner
BentallGreenOak
 
JONATHAN OFER
CEO
Global Holdings Management Group (US)
 
JON RICKERT
Head of European Real Estate Debt
Man GPM
 
JON VACCARO
CEO & Managing Partner
V4Partners
 
JORDI ROBINAT
President
Arum Group
 
JOSEPH SITT
CEO
Thor Equities. LLC
 
JOSH LAWRENCE
CEO
Global Holdings Management Group (UK)
 
JUAN PEPA
Managing Partner
Stoneshield Capital
 
KEITH BRESLAUER
Managing Director & Senior Partner
Patron Capital
 
 
KIRILL PISAREV
Member of the Investment Advisory Commit
Wainbridge
 
KRYSTO NIKOLIC
Managing Director & Head of Europe RE
Starwood Capital Europe
 
LAMBROS ANAGNOSTOPOULOS
CEO
SECURE MANAGEMENT
 
LARS SCHNIDRIG
CEO
CORESTATE Capital Group
 
LARS VON LACKUM
CEO
LEG-Immobilien-Group
 
LEE TIMMINS
CEO, Eurasia Region
Hines
 
LUDEK SEKYRA
Chairman of the Board
Sekyra Group AS
 
LUIS PEREDA
Chairman
Grupo Lar
 
MARK TSOCANOS
Partner
The Baupost Group
 
 
MARTTI SAVENIUS
Sponda
COO
 
MARY FINNIGAN
Head of Transactions - EMEA
WeWork
 
MATTHIAS SCHMITZ
Managing Partner
4 Friends Investment
 
MICHAEL ABEL
Partner
TPG
 
MICHAEL BELTON
President
Wainbridge
 
MICHAEL LEVY
Chairman
EC Management
 
MICHAEL ZERDA
Managing Director
Blackstone
 
MILES D'ARCY-IRVINE
Chairman
Shaftesbury Asset Management Group
 
MOHAMAD ABOUCHALBAK
CEO
SFO Group
 
 
NEIL HASSON
Managing Director
Investcorp
 
NEIL JONES
Founding Partner
Temprano Capital Partners
 
NICOLAS MASSIERE
Managing Director
Cale Street Partners
 
NIKOLETTA FOUSKA
Director
Latsis Group
 
OLE RUCH
Managing Partner
Nordstar
 
PAUL BASHIR
CEO
 
PAULO LOUREIRO
CEO
Bondstone
 
PEDRO SILVEIRA
Chairman
SiLCOGE
 
PETAR MATIC
Chairman
MPC Holding
 
 
PETER WILHELM
CEO
Wilhelm & Co
 
PHILIPP BRASCHEL
Managing Director
Castlelake
 
PHILIPPE CAMUS
CEO
Shaftesbury Asset Management (Luxembourg)
 
PHILIPP WESTERMANN
Partner/ Head of Europe
Proprium Capital Partners
 
RADIM PASSER
Předseda Představenstva
Passerinvest Group
 
RAMÓN CAMIÑA
Founding Partner
Cale Street Partners
 
RENAUD HABERKORN
Managing Partner
Eurazeo
 
RENÉ BENKO
Founder & Chairman of the Advisory Board
Signa Holding GmbH
 
RICCARDO DALLOLIO
MD & Head of Real Estate Europe
H.I.G. European Capital Partners
 
 
RICHARD CROFT
Executive Chairman
M7 Real Estate
 
RICHARD GEORGI
Founder & Managing Partner
Alpine Grove Partners
 
ROBERT ABT
Chief Transaction Officer
Round Hill Capital
 
ROBERT BALICK
Managing Partner
BauMont Real Estate Capital
 
ROBERT RACKIND
Partner, Head of Real Estate
EQT Partners
 
RON RAWALD
Sr. MD & Head of International RE
Cerberus Capital Management
 
RUI ALEGRE
Chairman & CEO
Inogi Asset Management
 
SAMEER DALAMAL
Partner
Cale Street Partners
 
SASCHA WILHELM
CEO
x+bricks AG
 
 
SAUL GOLDSTEIN
CEO
Activum SG Advisory GmbH
 
SCOTT O'DONNELL
VP - Senior Managing Director
Harbert Management Corporation
 
SETH LIEBERMAN
Executive Chairman
Kvalitena
 
SHARON RAINGOLD
Managing Director
GCI - Générale Continentale Investissements
 
SINDO OLIVEROS
CEO/CIO
KAUST IMC
 
STEFAN ZIMMERMANN
Managing Partner
4 Friends Investment
 
STÉPHANE AMINE
Chairman
Inovalis
 
STÉPHANE JALBERT
Managing Director
PSP Investments
 
STEPHAN WOERNLE
Partner
Even Management
 
 
STEPHEN MAULDIN
Co-CEO
CNL Financial Group
 
TIJANA VUJOVIC
CEO
Confluence Property Management
 
TOBY COOPER
Managing Director
Thor Equities
 
TOM-ERIC MÖLLER
Managing Shareholder
DIH Deutsche Industrie-Holding
 
TONI ROSSI
Director
Leponte
 
TRAVIS PRITCHETT
Global Head of Real Assets
Harbert Management Corporation
 
TYLER GOODWIN
Founder & CEO
Seaforth Land
 
VAN STULTS
Founding Partner & Managing Director
Orion Capital Managers
 
YURI BABIN
Board Member
Wainbridge
 
ZSOLT KOHALMI
Global Head of Real Estate and CO-CEO
Pictet Alternative Advisors
 

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
 

Travel

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
reservations@badruttspalace.com

GRI rates (in CHF: CHF 1 = Euro 0.92 = $1.09 = £0.83):
Single 590 • Double 890 ~ 1000
Jr Suite 1230 • Suite 2830 • 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.
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

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.
While facilitated by the GRI, these discretionary options are not part of the GRI program and are at members’ own cost.  
 
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:
  1. Be greeted to their room by champagne on ice for ranking from 1 to 4 which breakout topics interest them most.
  2. Enjoy a complimentary dinner (up to CHF150) 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.
  3. Enjoy a luxurious room upgrade for being selected to deliver the 5-minute closing wrap-up of the GRI Chairmen’s Retreat on Friday evening (based on their ongoing compilation of summary take-aways throughout the program)
A “champagne and awards” form will be sent to registered members to collect their preferences and bids.
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.
 
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 11-13 or 17-20 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
Rezwana Juhe
rezwana.juhe@griclub.org
or tel: +44 20 7121 5060 

Kirsty Stevens
kirsty.stevens@griclub.org
or tel: +44 78 7150 5998  

THE GRI CLUB

The GRI is a global club of senior Real Estate
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.
RETREAT TALKS

For eligible retreat members only, taking place online, last Friday of every month

UPCOMING EVENTS

INVITATION REQUEST

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.

Real estate industry leaders that qualify and are interested in membership can request consideration by the invitation committee by sending the information below for review.