ANREV Briefing - Optimization of Korean Real Estate Investments into Europe: Process, Closings & Challenges â€“ UK, France and Germany

21 Jun 2017 @ Seoul

ANREV Briefing
Wednesday 21 June 2017
Seoul, Korea

Sponsored by

Optimization of Korean Real Estate Investments into Europe: Process, Closings & Challenges – UK, France and Germany

ANREV is pleased to invite you to a breakfast briefing in Seoul on 21 June 2017.

During the breakfast briefing, there will be three separate presentations by head of each practices at Mayer Brown in U.K., France and Germany, respectively, covering effective investment structures that can be used by Korea real estate investors some of the critical provisions and issues under the operative agreements and important particulars and challenges to be considered as a foreign investor when investing into these countries.

Details
Date	: Wednesday 21 June 2017
Time	: 08:15 – 10:30 ( Registration 08:00)
Venue	: Conrad Hotel, Studio 4, 6F
Fee	: Free of charge
RSVP	: Please email to [email protected]

Programme:

08:00	Registration
08:15	Welcome remarks
08:25	Breakfast
08:50	Presentation: Framework for Korean outbound investment Overview on interfaces and critical aspects in overseas real estate investment Kwon Lee, Head of Global Korea Estate Practice Group, Mayer Brown LLP
08: 55	Presentation: Real estate investments from Korea into UK Five key legal / tax items to optimize UK real estate investments: Typical UK real estate structures Warranty & indemnity insurance Timing of exchange and completion. Buyer termination rights between exchange and completion and consequences of each. Buildings risk passing at exchange to buyer Speaker: Martin Wright, Partner, Mayer Brown LLP
09: 15	Presentation: Real estate investments from Korea into France. Five key legal / tax items to optimize French real estate investments. Typical investment structures Chain of ownership and title Municipal preemption rights Financing Timing of exchange and completion Speaker: Jean-Pierre Lee, Partner, Mayer Brown LLP
09:35	Presentation: Real estate investments from Korea into Germany. Five key legal / tax items to optimize Germany real estate investments. Typical investment structure into German Real Estate Avoidance of German Real Estate Transfer Tax Sustainability of rental cash flow - "written forms requirements" in German lease agreements. Mitigation of non-recoverable costs in German lease agreements Public building law permissions affecting German Real Estate Investments. Speaker: Fabian Hartwich, Partner, Mayer Brown LLP
09:55	Q&A
10:15	Closing Remarks

Speakers' bio followed:

		Kwon Lee Head of Global Korea Estate Practice Group, Mayer Brown LLP Kwon Lee is Head of Korea Real Estate Practice and a Partner in the Real Estate practice of Mayer Brown responsible for Asia/Korea’s real estate investment overseas, especially into Europe and the United States. He is based in Mayer Brown's New York office. He has over 23 years of experience advising on a wide range of cross-border real estate transactions on sales & acquisitions of hard assets from commercial buildings, multi-family to logistics as well as debts deals such as B Note, Mezzanine and Senior Loans. He has advised pension funds, insurance companies, securities companies, asset management companies, construction companies, financial institutions; and has also advised conglomerates seeking investment into large scale overseas development projects.
		Martin Wright, Partner, Mayer Brown LLP Martin Wright is the firm practice leader for Real Estate in Europe. He advises domestic and overseas clients on all aspects of property investment and development. He has acted on transactions involving some of London's highest profile buildings, including the Lloyd's Building. He particularly focuses on international investment and large scale urban regeneration projects including redevelopments at Canary Wharf, Paddington Basin, Stratford and Silvertown London, property development and head office lettings and disposals throughout London.
		Jean-Pierre Lee Partner, Mayer Brown LLP Admitted to the New York Bar and Paris, Bar Jean-Pierre Lee is a partner in the Banking & Finance practice of the Paris office. He works as a transactional lawyer in the areas of leveraged acquisition and other structured finance transactions; corporate mergers, acquisitions, dispositions, joint ventures and strategic alliances. He has recently acted in the €1 billion sale of a 27,000 sq. m. building on Place Vendome in Paris to Norges Bank Real Estate Management. The property, located on Place Vendome in Paris, includes 80% office space and 20% luxury retail space.
		Fabian Hartwich Partner, Mayer Brown LLP Dr. Fabian Hartwich is a partner in the Frankfurt office of Mayer Brown’s Real Estate practice. He has considerable experience in the interdisciplinary legal advice of German and international investors, asset manager, banks, funds and family offices on real estate transactions of all sorts. This includes the acquisition and sale of real estate assets (either by way of portfolio or single asset transaction) as well as the structuring of project developments, joint ventures, lease agreements and all other real estate related contractual relationships (e. g. asset management agreements, building agreements, etc.).