8th Annual Caribbean Valuation &Construction

Conference

Innovations, Challenges and Experience Sharing

October 31 - November 1st, 2019

Conference Venue:

Atlantis Paradise Island Nassau, Bahamas

www.rics.org www.ipti.org

In co-operation with BREA

Eric Allen Chair, RICS Caribbean Advisory Group and Member of RICS Americas Board, Jamaica

Scott Biethan Principal, McKee Appraisal Real Estate and Consulting, United States

John Busi President, Valuation and Advisory Services, Newmark Knight Frank, United States

Martyn Bould MBE Chairman Bould Consulting Limited, Grand Cayman

Mark Brown Senior Quantity Surveyor/Fund Monitor, BCQS International, British Virgin Islands

Dean Burrowes Burrowes & Wallace, Jamaica

Paul Campbell RICS America’s Board Member, Canada

Steve Crysel Senior Account Executive, Tyler Technologies, United States

Ben Elder RICS, Global Director of Valuation and EQS, United Kingdom

Fernando Garcia-Chacon Managing Director, CBRE Hotels, United States

Andrew Hetherton President, IRRV, United Kingdom

Edward Kacal Chief Executive Officer at Servus Limited, Trinidad and Tobago

James Kavanagh Director, Land Group, RICS, United Kingdom

Egbert Louis ECMC Ltd., Saint Lucia

Joseph Major JM Appraisers Co. Ltd., Bahamas

Aykean Matthews Facilities Operations Director, The International School Port of Spain and Chair-

Caribbean IFMA Americas Advisory Board

Lori Nelson Senior Associate, Higgs & Johnson Counsel & Attorneys-at-Law, Bahamas

Uche Obi Senior Valuer/Business Development Manager, Caribbean, DDL Studio, Cayman Islands

Richard Roddewig Managing Director with Jones Lang LaSalle - Valuation & Advisory Services, LLC.

Ian Rogers Chief Executive, ACE Project Solutions Ltd., Barbados

Guy Roots, QC Q.C., Barrister, United Kingdom

Paul Sanderson President, International Property Tax Institute, United Kingdom

Peter Smith RICS Governing Council and Chair of the Americas World Regional Board, United States

Katherine Smyth Solution Engineer, Esri, United States

Elizabeth Stair CEO, National Land Agency, Jamaica

Mick Stiksma Managing Partner, CRE Valuation Services, United States

Peter Turnquest Deputy Prime Minister & Minister of Finance, Bahamas

Tex Turnquest Valuation Surveyor, TR Associates Ltd., Bahamas

Scott Wilkinson Director Cost Management (Eastern Canada), BTY Group Ltd

8th Annual Caribbean Valuation and Construction Conference

Innovations, Challenges and Experience Sharing

SPEAKERS LIST

Time Topic Chair/Speaker/Moderator

8:00 Registration

8:45 Opening Remarks and Welcome Paul Sanderson Eric Allen

9:00 Welcoming Address: Keynote Speaker Peter Turnquest, Deputy Prime Minister and Minister of Finance Bahamas

9:20 Global Real Estate Market John Busi

9:50 Networking Break

10:10 Real Estate and Construction Market Outlook

Uche Obi, Dean Burrowes,

11:30 ILMS—effective due diligence during land and property acquisition—essential for emerging markets

James Kavanagh

12:00 A Review of an Active Property Reassessment for a Caribbean Island

Steve Crysel

12:30 LUNCH

SESSION A : VALUATION 1:30 to 3:00 pm Chair:

SESSION B : CONSTRUCTION 1:30 to 3:00 pm Chair:

International Valuation Standards—Future of Valuations- Panel Discussion: Ben Elder, John Busi

Measuring and Valuing Risk in Construction — Panel Discussion: Joseph Major, Scott Wilkinson

Reinstatement Cost Assessments: Reassuring the Insured: Mark Brown

3:00 Networking Break

SESSION C: VALUATION 3:15 to 4:45 pm Chair: Guy Roots QC

SESSION D : CONSTRUCTION 3:15 to 4:45 pm Chair:

Case Study and Discussion on Compulsary Purchase and Compensation: Guy Roots QC, Uche Obi, Elizabeth Stair and Tony Campbell

Risks in the Procurement Process in the Caribbean—Panel Discussion: Martyn Bould, Mick Stiksma

Risk Assurance in Construction Project Fund Monitoring: Approaches, Challenges and Opportunities: Egbert Louis

4:45 Summary Reports from Sessions A,B,C,D

5:15-6:15 Networking Reception

8th Annual Caribbean Valuation and Construction Conference

AGENDA—Day 1 Morning Session October 31, 2019 Conference Chair: Paul Sanderson

Concurrent Afternoon Sessions—Day 1

Time

Topic Chair/Speakers

9:00 Land Registration System for Bahamas and other Caribbean countries

Tex Turnquest

9:45 Opportunities and Developments in the Hospitality Sector in the Bahamas

Lori Nelson

10:15 Networking Break

10:35 Benefit of Professional Organizations working collaboratively - Is it feasible? - Panel Discussion

Peter Smith IAAO Andrew Hetherton Paul Sanderson Aykean Matthews

12:15 LUNCH

SESSION E: ASSESSMENT AND PROPERTY TAX 1:15-2:45 pm Chair:

SESSION F : FACILITIES MANAGEMENT AND CONSTRUCTION 1:15-2:45 pm Chair:

Extending and Automating Valuation Workflows with GIS: Katherine Smyth

How Facilities Management Can Provide Innovation to the Property Portfolio: Ian Rogers

Pros and Cons of Outsourced vs In-house FM Services -Global and Caribbean trends: Edward Kacal

2:45 Networking Break

SESION G: TECHNOLOGY 3:05-4:35 pm Chair:

SESSION H : VALUATION 3:05-4:35 pm Chair:

Bahamas Residential Market; Tends - A data driven Approach: DRCL

Use of technology in valuations of large portfolios: Paul Campbell

Valuation of Partial Interests in Timeshare Resorts: Richard Roddewig

Hotel Market Trends: Scott Biethan, Fernando Garcia-Chacon

4:35 Summary Reports from Sessions E, F,G,H

5:00 Conference Summary and Conclusion

8th Annual Caribbean Valuation and Construction Conference

AGENDA—Day 2 Morning Session November 1, 2019

Concurrent Afternoon Sessions

8th Annual Caribbean Valuation and Construction Conference

REGISTRATION INFORMATION

Hotel Information and Rates

Conference venue and contact information: Atlantis Paradise Hotel, Nassau, Bahamas

Participants of the conference will be eligible to stay at the newly renovated Coral rooms and suites at rates starting

at USD $211.30 (single) / USD $217.90 (double) including taxes and resort fees.

The Booking Code can be found in your Registration confirmation email.

To book your accommodation, please contact the hotel using the following information:

United States & Canada: (800) 386-4786 International: (954) 809-2714

Or contact via website at: http://www.atlantisbahamas.com/

The above rate is available only until September 30, 2019

Conference Fees

All fees are payable in US Dollars and include conference material, breaks, lunches, and networking

reception. Group Discounts are available. Contact chaynes@rics.org

Registration Type Early Bird Fee

(Before September 30 2019)

Regular Fee

(After September 30, 2019)

Day 1 and 2 RICS/IPTI Members

$300.00 $335.00

Day 1 and 2 Non Members

$350.00 $395.00

Single: Day 1 OR Day 2 RICS/IPTI Members

$195.00 $210.00

Single Day 1 or 2 Non Members

$225.00 $245.00

Single Day 1 or 2 RICS Candidates/Students with Valid ID

$175.00 $200.00

Day 1 and 2 RICS Candidates/Students with Valid ID

$250.00 $250.00

Speaker’s Registration $200.00 $200.00

TO REGISTER FOR THE CONFERENCE