2nd Myanmar Real Estate Summit (MRES) 2013
30 Sep-01 Oct, 2013 - Yangon
2nd Myanmar Real Estate Summit (MRES) is proud to welcome HTOO Group as Premium Sponsor.
HTOO Group of Companies is made up of varied entities engage in aviation, banking, hotel chains & resorts, mining, logistics, heavy machinery, real estate, construction, agriculture, trading, broadcasting, retail petroleum, cement factory, pre-cast & pre-stressed factory, non-profit unit (HTOO foundation) & sports club ( Yangon United)
HTOO group is committed to sustainable growth and diversifying units while contributing to social economic and environmental obligations to Myanmar & the community.
The Chairman of Htoo Group of Companies will give the Welcome Address at this summit.
Tap Rising Opportunities in Myanmar’s Extensive Real Estate Projects
“The former FMI Center, a downtown Yangonlandmark, will debut its new face this week as the first internationally-invested shoppingcentre in Myanmar”
- May 2013, Myanmar Times
“Myanmar government has allocated land for foreign investors to build 100 hotels and local investors to build 192 hotels at the new Tada-U hotel zone near Mandalay.”
-Jan 2013, The Nation
Burgeoning demand, revised regulations and new opportunities are driving Myanmar’s property sector – from refurbished office spaces to serviced apartments to retail outlets. As the country opens up, investments are flowing in to meet the acute shortage of hotels, residential buildings and mixed-use projects. Cities like Yangon and Mandalay are moving ahead recreating themselves as economic and tourism hubs. Old heritage buildings are conserved and retrofitted to commercial entities. Special economic zones like Thilawa&Dawei are bringing in an influx of international investors and sprucing urban and township development. The new tiger economy is attracting big hoteliers like Hilton, Best Western and Keppel to build new hotels to meet tourism demand.
As Myanmar’s real estate and property development gleams with golden opportunities, have you identified your niche in the market? Are you able to gain access to the extensive land banks? Are you seeking and cementing JV partnerships to develop property in Myanmar? How soon before foreigners be allowed to purchase and own condominium units?
Manage your limitations and challenges ahead with the extensive networking sessions offered with key movers and shakers in the country. Don’t miss out as it’s crucial for your success!
Attend CMT’s 2ndMRES to explore pivotal issues critical for investing in Myanmar’s real estate development and property sector.
Meet key officials from Mandalay lead by the Chief Minister and Mayor of Mandalay
Hear from Chairman of Yangon Heritage Trust – Dr. Thant Myint-U on plans to restore Yangon’s heritage buildings and integrating them with modern township
Infrastructure developments and incentives for investments in special economic zone like Thilawa&Myothar Industrial Zone Park
Hotels and resorts landscape in key tourist attractions like Mandalay, Ngapali&Bagan including discussions on financing, commercial terms and many more!
Guidelines on land ownership and structuring joint venture partnership
Case study on the Junction 8 malls and retail trends in Myanmar by renowned conglomerate ShweTaung Development Co.
Plus many more!
Why Attend CMT Invest Myanmar Series?
1. Proven Track Record
CMT has organized 16 summits in Yangon since March 2012 in key sectors attracting over 3000 delegates from over 50 countries. These include:
- 1st & 2nd Myanmar Oil, Gas & Power
- 1st, 2nd & 3rd New Myanmar Investment
- 1st & 2nd Myanmar Mining
- 14th Asia CemenTrade
- 2nd Commercial Farm Asia
- 1st Myanmar Telecoms Reform Update
- 1st Myanmar Real Estate
- 1st Myanmar POWER Summit
- 3rd RubberPlant Summit
- 9th SugarWorld Asia
- Myanmar Consumer Summit
- Myanmar Transport & Logistics Summit
2. Meet Key Officials & Decision-makers
CMT works closely with various ministries. The Ministry ofEnergy, Ministry of Mines, Ministry of Electric Power & Ministry of Transport act as official host andsupporter of many of our summits
3. Connect with genuine local or foreign partners
Network with the right persons or companies. We attract the best possible candidates you can pick as business associate or partner.
4. Covers All Strategic Sectors
CMT covers all the key sectors - Energy, Mining, Agriculture, Real Estate, Infrastructure, Finance, Power, Telecoms and many more.
5. 1 to 1 Meetings with Government Officials
CMT facilitates dedicated private consultation sessions with government officials at our events.
CMT Invest Myanmar series provide not mere "information" but "insights on growth strategies
Part 1: Design & Building Projects in Myanmar
What are the key issues for a successful delivery in a demanding environment? Hear from Julien Esch, Business Development Manager of BYMA who has lead and secured the company’s first project in Myanmar in early April 2013, for the design and construction of a 1042 residential units at Star City in Yangon, in partnership with SPA-PM.
- Utilities infrastructure
- Design coordination and building permit
- Construction execution
- Sourcing the right materials locally, local supply chain vs. importation
- Site management i.e. power supply, quality concern
- Employing the Myanmar talents and … retaining them!
- Costing challenges in a construction project in Myanmar: inflation, exchange rate
- Specific case study: Heritage building renovation
Part 2: Legal & Tax Structure of Major Construction Projects
Using real life examples; Yangon based lawyer Edwin Vanderbruggen of VDB Loi shares his experience on how projects are structured in practice and on what the Government will permit in reality.
- One MIC Permit or two? Should you license the contractor or the project owner? Can you obtain a license for both?
- What are the rules for licensing construction projects? How do they work in reality?
- How to avoid the “Commercial Tax trap”: why does everyone get this wrong?
- How to split the onshore and the offshore contract: does this affect your ability to import?
- Are there in reality foreign ownership restrictions for construction activity?
- Which construction projects have received an MIC license to date?
- 5 issues of the Myanmar Contract Act to watch for in your contractual documentation
|Industry News|| ||Who Shall Attend|| ||Be a Sponsor or Exhibitor!|
Soilbuild inks condo venture in Yangon
More high-rise buildings approved in Yangon
Joint venture to build Yangon mega condo
Amara makes plans for Myanmar hotel project
Vietnam signs $300 million deal on Yangon mega complex
|Property investors & developers, Real estate analysts, Construction & engineering firms, Consultants & brokerage firms, Hoteliers, Financiers & lenders, Banks & financial institution, Asset managers & fund managers, Real estate funds, REITs, hedge funds & private equity, Insurance firms, Law firms, Tax consultants, Industry regulators & etc.|
This event is an excellent platform to promote your organization to influential players and investors in the industry. Sponsorship opportunities available include Corporate, Exclusive luncheon & Cocktail sponsor.
Exhibition / catalogue display can be arranged upon request.
(65) 6346 9130
Myanmar Real Estate Prices continue to climb as Demand outstrips Supply
Posted on : 12 Sep, 2013
Following Myanmar Government’s decision to permit three-year lease to owners, the land prices in downtown Yangon have continued to spiral upwards. The price for one square foot can cost up to US$ 800.
In an article in Mizzima, Khin Maung Aye, an executive with the Myanmar Real Estate Brokers’ Association Information Department, was quoted saying, “to sustain the urgent demand trend for office space due to foreign investors inundating the country, buyers are now speculating on land in the former capital's central business district earmarked for high-grade condominium buildings.”
According to an agent at Shwe Kan Myay Real Estate, currently, a standard 100 by 100 feet condominium can cost a buyer around US$ 8 million. The prices of property in this developing country are the same as real estate prices of major cities in developed countries across the globe.
The premier buildings in the country, including Sakura Tower and Sule Business Center, are occupied by foreign investors according to Mizzima. Yangon’s office space is limited and the demand continues to outstrip supply.
The question now is – how long will this overwhelming demand support price hikes? According to the Bangkok Post several well-off landowners in prime real estate areas are holding out for higher prices, however, some buyers have already reached their limit.
CMT’s 2nd Myanmar Real Estate Summit (MRES) 2013, being held on 30 Sep-01 Oct, 2013 in Yangon, throws light on land ownership, pricing structure, zoning regulations and many more.
For more information please visit the Event Page or contact Ms. Grace at firstname.lastname@example.org or Tel. +65 6346 9147.
Read more http://www.ibtimes.com/myanmar-real-estate-prices-continue-hike-market-should-stabilize-future-financing-becomes-available
Singapore-Listed Developer Yoma Strategic Holdings Taps on Myanmar’s Property Sector
Posted on : 28 Jun, 2013
Myanmar’s economic developments have spurred an onset of property projects and investment opportunities. International companies of various sectors are rushing to enter the Myanmar market, and this trend is expected to continue to grow, causing a strain on office and residential spaces. The gap between demand and supply in property is likely to persist over the next two years, prompting developers to enter Myanmar.
Singapore-listed property developer, Yoma Strategic Holdings, has since tapped on this opportunity presented by the new Asia frontier, with its expansion plans in Yangon involving the development of more hotels, office buildings and large-scale residential properties.
Currently, Yoma is building the 135-acre Star City six mils southeast of downtown Yangon. Targeted at Myanmar’s middle-class population, the development includes 9,000 units of apartments as well as a retail area.
In an interview with Bloomberg Television, CEO Andrew Rickards stated their intentions in going into “commercial buildings, office buildings, hotels, all of which are desperately needed in Yangon”. Emphasizing on the sector’s importance, Rickards highlighted that property will remain the “only investible asset” in Myanmar.
CMT’s upcoming 2nd Myanmar Real Estate Summit in Yangon, September 30 to October 1, 2013, will see Cyrus Pun, Executive Director of Yoma, join as a key panelist. For more information on his session and other speakers, please visit the Event Page or contact Ms. Grace at email@example.com or Tel. +65 6346 9147.
Read more: Yoma plans offices to hotels in Myanmar expansion, CEO says
Mr. Masaki Takahara
Executive Managing Director, Japan External Trade Organization (JETRO)
Infrastructure & Industrial Development: Thilawa Special Economic Zone
Day 1 [Mon 30, September], at 04:00 PM
Masaki Takahara, joined government-related Japan External Trade Organization(JETRO) in 1989 after graduating from department of law, Niigata Univ.,Japan. After being engaged in economic research work for Middle East and Africa, he was asigned to New York(1996-2000) and Shanghai(2004-09) as a Director of Economic Research. Currently Masaki is working as an Ex....Read more
Mr. Dexter Norville
National Director (Property & Asset Management), Jones Lang LaSalle
Property & Asset Management: Getting it Right from the Start
Day 1 [Mon 30, September], at 04:30 PM
Dexter Norville is a National Director for Jones Lang LaSalle. Based in Thailand Dexter helps to run the property and asset management department which currently has a portfolio of 5 million square meters under management. Dexter has worked for on major development and management projects in Thailand, Indonesia, Abu Dahbi and London. With a focus on S....
Day 2 [Tue 01, October], at 09:00 AM
U. Kyaw Thu Oo
Deputy Director, HTOO Group of Companies
Htoo’s Prospective Development for Myanmar’s Real Estate Sector
Day 2 [Tue 01, October], at 09:05 AM
Kyaw Thu Oo is serving as Deputy Director at HTOO Group of Companies and has diversified experiences in areas such as sports & entertainment, real estate and finance sectors. Kyaw holds a Bachelor of Business Administration Degree from Yangon Institute of Economics and Bachelor of Computing & Information Systems from London Metropolitan University and had....Read more