Overview

Turn and Face the Change

The Bloomberg Intelligence and EPRA 2026 Real Estate Summit comes at a defining moment for global property markets. Generative AI is reshaping how space is used and valued, geopolitics is disrupting trade and capital flows, and the interest-rate cutting cycle appears to be ending. Together, these forces are resetting the outlook for European real estate.

Bringing together senior real estate executives, global portfolio managers, investment bankers and analysts, the summit will examine how these shifts are redefining risk, returns and strategy across listed and private markets. Discussions will focus on the competitive position of REITs at current valuations, the implications of AI adoption for office demand, and whether European REITs can compete on an equal footing with global peers.

Through data-driven insight, candid debate and high-level networking, delegates will gain clearer perspectives on where opportunities and vulnerabilities lie—while engaging with industry leaders at Bloomberg’s London headquarters.

Agenda

09:30 – 10:00

Registration and light breakfast

10:00 – 10:10

Opening Remarks by :

Speakers: Giacomo Balzarini, Sue Munden
10:10 – 11:00

Keynote Presentation: The Great Change, A Market in Transition

Speakers: Jamie Rush
11:00 – 11:50

Panel Discussion 1: A Global Real Estate Snapshot

This panel brings together senior market voices from Europe, the US and China to explore how the world’s largest real estate markets are evolving under new macroeconomic conditions. The discussion will set the global context for the day, helping frame how international dynamics shape Europe’s listed real estate landscape.

Speakers: Svitlana Gubriy, Edoardo Gili, Patrick Wong
Moderators: Jeff Langbaum
11:50 – 12:10

Coffee Break

12:10 – 12:30

Bloomberg Office Report Presentation

12:30 – 13:25

Panel Discussion 2 : AI, Offices and Data Centres: How Technology Is Reshaping Real Estate Demand

AI is reshaping how companies operate and use space, with significant implications across real estate sectors. As automation and productivity gains alter workforce structures, corporates are reassessing office footprints, workplace design and occupancy needs, while the rapid growth of AI and cloud computing is driving strong demand for digital infrastructure and data centres. This panel examines how technology is reallocating real estate demand, how investors are assessing these shifts, and what the operational, energy and capital allocation implications mean for long-term real estate strategy.

Speakers: Sue Munden, Andrew Pilsworth, Jacques Perdrix, Tom Olsen
Moderators: Matthew McAuley
13:25 – 14:25

Networking Lunch

14:15 – 15:20

Panel Discussion 3 : M&A, IPOs and Take-Privates: Who Is Setting the Pace in Listed Real Estate?

After three years of capital market dislocation, listed real estate is entering a more contested phase. The sector has already seen a meaningful wave of M&A, take-private activity and strategic consolidation, while the IPO pipeline has remained comparatively subdued, particularly in Europe. The central question now is whether these trends are set to accelerate, or whether improving market conditions will begin to reopen the path to public listings and independent growth.

Speakers: Tom Walker, Thomas ten Hoedt, Andrew Jones, Jack Shepherd
Moderators: Jana Sehnalova
15:20 – 15:45

Coffee Break

15:45 – 16:55

Panel Discussion 4 : Rising Yields, Rising Scrutiny: The New Credit Environment

Governance issues are increasingly influencing credit markets, reshaping bond pricing and lending conditions. Even isolated events can trigger broader scrutiny and higher spreads for real estate borrowers. This panel explores how governance risk is being priced in — and what it means for the sector’s credit outlook.

Speakers: Samuel Lopez Briceno, Nicole Reinhardt, Alex Moss
Moderators: Tolu Alamutu
16:55 – 17:00

Closing Remarks with

Speakers: Sue Munden
17:00 – 18:00

Drinks reception

Speakers

Photo of Edoardo Gili

Edoardo Gili

Senior Analyst
Green Street

Edoardo is an Analyst in Green Street’s Research team covering the pan-European Health Care, Hotel, Net Lease and Tower sectors. He has launched new coverage of a number of companies as well as co-authored thought leadership reports in the property space. Before joining the team in 2021, he worked in Green Street’s Advisory Group providing strategic advice and corporate finance solutions to numerous companies and investors in commercial real estate. Prior to joining the firm in 2017, he worked at Duff & Phelps where he focused on complex asset valuations and transaction opinions and PwC as an auditor. Edoardo has degrees in Economics from both the Université Catholique de Louvain and Maastricht University. He is a Chartered Financial Analyst (CFA) charterholder

Photo of Svitlana Gubriy

Svitlana Gubriy

Head of Indirect Real Assets
Aberdeen

Svitlana Gubriy is Head of Indirect Real Assets at abrdn. Abrdn’s Indirect Real Assets comprises global listed real estate, real estate multi-manager and indirect infrastructure platforms within the wider Real Assets team that manages over £42bn of real estate and infrastructure assets globally.  Svitlana is responsible for the team based in Boston, London, Edinburgh, Singapore and Hong Kong managing the indirect real assets’ investments across a number of global and regional mandates. In addition, Svitlana has primary responsibilities for managing investments, identifying new investment opportunities and implementing our strategy for a number listed real estate strategies. Prior to joining Standard Life Investments in 2005, Ms. Gubriy worked in real estate investment banking division of Lehman Brothers in New York. Svitlana graduated with a Diploma with Honours in Applied Mathematics (Kyiv Taras Shevchenko University), an MA in Applied Economics (Southern Methodist University) and an MBA in Finance and Corporate Accounting (University of Rochester). Svitlana also holds the Investment Management Certificate (IMC).

Photo of Matthew McAuley

Matthew McAuley

Global Property Sectors Research Director
JLL
Photo of Andrew Pilsworth

Andrew Pilsworth

Managing Director, Data Centres and Strategic Partnerships
SEGRO plc
Photo of Jack Shepherd

Jack Shepherd

Partner, Corporate Team
CMS
Photo of Andrew Jones

Andrew Jones

Chief Executive
LondonMetric
Photo of Jana Sehnalova

Jana Sehnalova

Managing Director and Co-Founder
Tovana Investment Advisors

Jana Sehnalova is Managing Director of Conduit Securities and Tovana Investment Advisors, focused on developing global real estate securities investment solutions since 2021. Prior to that Jana was the CEO and Board Member of La Francaise Forum Securities for 6 years. She acted as Global Portfolio Manager and was based in Singapore,  managing her global team and a range of innovative real estate strategies. Jana was awarded Best Sustainable Real Estate Fund Manager prize in 2018. In the past, Jana covered European, Australasian and emerging market real estate companies. Before joining Forum Securities, she worked as a Portfolio Manager and an International Analyst in the Global Real Estate Securities team at Citi Property Investors and prior to that at European Investors Inc. She holds an LLM in law (summa cum laude), from Charles University’s Faculty of Law in Prague, Czech Republic and an MBA from the University of Economics in Prague. She participated in the MBA Exchange Program at the University of North Carolina / Kenan Flagler Business School in the US and in the Erasmus Program at the University of Law in Hamburg in Germany. Jana speaks seven languages, she is the Member of the Young Leaders Circle of the Milken Institute and Global Property Index Committee.

Photo of Tom Olsen

Tom Olsen

Chief Financial Officer
Indurent
Photo of Tom Walker

Tom Walker

Co-Head Global Listed Real Assets
Schroders
Photo of Jacques Perdrix

Jacques Perdrix

Head of European Listed Securities
Heitman Portfolio Manager

Thomas ten Hoedt

Managing Director European Real Estate
Van Lanschot Kempen Investment Banking
Photo of Sue Munden

Sue Munden

Regional Head of Bloomberg Intelligence, EMEA
Bloomberg

Sue has over 35 year’s experience as an investment professional and is currently a Director of Research and Regional Head of Bloomberg Intelligence for EMEA. She has also led the European real estate equity franchise at Bloomberg Intelligence since 2016. From 2009 she had held Director positions at U.K. Brokers Seymour Pierce, Cantor Fitzgerald and Panmure Gordon as an analyst covering real estate and financial equities. Sue spent 15 years in Asia gaining experience as a credit analyst with Royal Bank of Canada and subsequently as Chief Investment Officer for Capital House (Royal Bank of Scotland) covering Asian equities. She is a CFA charterholder.

Photo of Patrick Wong

Patrick Wong

Head of Bloomberg Intelligence Hong Kong
Bloomberg Intelligence

Patrick is the Bloomberg Intelligence Senior Analyst covering the real estate sector in Asia Pacific. Patrick has more than 20 years of experience in the real estate sector. Prior to joining Bloomberg Intelligence, he was a sell-side equity research analyst with BNP Paribas and Samsung Securities, covering Hong Kong and China property companies. Patrick started his career as a quantity surveyor and worked in real estate research with various institutions including JLL and Link REIT.

Patrick has a Master of Economics and a Bachelor of Science in Surveying from the University of Hong Kong. Patrick also has a Master of Science in Information Technology from the Hong Kong Polytechnic University. He is a CFA Charterholder and a Fellow Member of the Royal Institution of Chartered Surveyors. He also holds the CFA Institute Certificate in ESG Investing.

Photo of Giacomo Balzarini

Giacomo Balzarini

Chief Executive Officer/ Chief Financial Officer
PSP Swiss Property

Giacomo Balzarini, 1968, CH and IT, Wollerau, lic. oec. publ., MBA, Chief Executive Officer/ Chief Financial Officer of PSP Swiss Property (in this position as of 1 April 2017; prior since 1 April 2007 Chief Financial Officer) and Chairman of the Board of Directors of all PSP Swiss Property Ltd subsidiaries. Mr. Balzarini completed his studies in economics at the University of Zurich in 1996. In 2002 he obtained an MBA from the University of Chicago (Ill., USA).

Photo of Jamie Rush

Jamie Rush

Director of Global Economics
Bloomberg

Jamie Rush is Director of Global Economics at Bloomberg in London. He is co-author of “The Price of Money” a guide to the past, present and future of the natural rate of interest and a Visiting Professor at the University of Sheffield. Jamie was previously Chief European Economist (2015-2025) at Bloomberg and has worked at the British Treasury, the New Zealand Treasury and the UK Office for Budget Responsibility.

Photo of Jeff Langbaum

Jeff Langbaum

Senior REIT Analyst
Bloomberg
Photo of Tolu Alamutu

Tolu Alamutu

Senior Credit Analyst, Banks and Real Estate
Bloomberg Intelligence

Tolu Alamutu, a senior credit analyst at Bloomberg Intelligence, specializes in European real estate issuers and emerging market banks. With experience at Gramercy Ltd, Tellimer, and Bank of America Merrill Lynch, she holds dual B.Sc. degrees and is a CFA Charterholder.

Photo of Samuel Lopez Briceno

Samuel Lopez Briceno

Senior Investment Analyst
Vanguard

Nicole Reinhardt

Director, Senior Credit Analyst
S&P Global Ratings
Photo of Alex Moss

Alex Moss

Senior Credit Analyst
Legal & General Investment Management

When & Where

Tuesday, 21st April 2026
09:30 – 18:00

Bloomberg European Headquarters
3 Queen Victoria Street
London
EC4N 4TQ

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