Day One – 17th November 2011

08:00 Registration, tea & coffee served

CHAIR Ashley Rigg, Director, Global edge

09:00 Welcome address – Introduction to the Russian market

  • Market segments – who buys overseas property in Russia?
  • Buyer motivations and psychology
  • Property purchasing trends by country
  • Property specifications – expectations and turnoffs
  • Understanding the growing sophistication and westernisation of the Russian buyer

Kim Waddoup, CEO, AiGroup

09:30 The Russian media landscape

  • Newspapers & magazines – Independent readership comparisons and the most widely read property sections and specialist titles
  • Internet usage and trends – which are the most popular and relevant sites for targeting potential overseas property buyers
  • Do Russian’s twitter? The role of social media in marketing and lead generation
  • The size and structure of the property portal market in Russia
  • Property exhibitions – Who are the key players and what kind of lead volumes can you expect

Konstantin Isakov, Founder, Mediamark

10:10 CASE STUDY: Selling to the Russian middle market

Dobrica Illic runs one of the most successful real estate agencies in Montenegro. In 2006, he shifted focus from the British market to Russia and now sells almost all his stock through his network of Russian agents.

Dobrica shares his insights and discusses how he would approach the task of entering the market if he was doing it from scratch today.

  • Client profiling – Defining the Russian middle market and their motivations to buy property abroad
  • Gap analysis – Assessing the markets and property types where there is a shortage of quality product
  • Proposition development – Which products and services do you need to provide to be taken seriously in Russia?
  • Low-cost strategies for breaking into the Russian buyer market
  • Top tips for finding and motivating Russian agents
  • Setting expectations correctly from the start of your business relationship with Russia-based agents
  • Contractual issues and what do if things go wrong

Dobrica Illic, Director, Montenegro Living

10:50 Coffee
11:10 Raising finance for Russian buyers offshore

Unreported versus under-reported income - dispelling the myths
Market segmentation: Buyers to avoid when offering bank-financed property
Seller market assessment - An overview and evaluation of the retail banking environment for Russians in ten key geographical markets
  • Retail banking market structure & concentration
  • Typical interest rates and LTV's
  • Maximum percentage of total development value lent to Russian clients in each territory
Tapping into the commercial and private banking markets to assist wealthy Russian clients
Talking money - strategies to ensure you get straight answers that enable you to qualify leads and progress sales

Andrew Robinson, Managing Direct, Arc & Co

11:50 Russian agent round table

Our panel of Russian agents debate the current market for international property discuss their current projects and products they are looking to sell in future. Issues covered will include:

  • Current and future market trends
  • Product and partner expectations
  • Commission levels and remuneration
  • Marketing and sales support expectations
  • Contractual and legal issues

Panel
Alissia Serebryakova, Director, Bureau Du Monde
Aida Yesmagambetova, Director, Invest Realty (Kazakhstan)
Andrei D. Tolstoy-Miloslavsky, Cluttons LLP Russia, Kazakhstan & CIS
Maria Kotova, Executive Director, Knight Frank Russia


Moderator
Ashley Rigg, Director, Global edge

13.00
Lunch

14:00 – 17:30 Networking Session & mini-exhibition

During their seven years working in Russia, AiGroup, organisers of Russia’s market-leading overseas property shows, have developed extensive real estate agency contacts.

Hundreds of overseas property agents will be in town for the Moscow International Property Show on 12th November and AiGroup have hand-picked the best to attend this unique networking event.

A pool of interpreters will be on hand to help with language barriers and delegates will have company and property information translated into Russian-language handouts to present to potential partners.

The room is laid out workshop style and is organised by country. Each delegate has a desk and Russian agents are encouraged to visit each desk to explore potential commercial opportunities.

17:30-18:30 Drinks reception


Day Two – 18th November 2011

08:45 Coffee and pastries

9:30 Developer Case Study: The Oberoi Mauritius

Russia represents the second biggest market for Oberoi Mauritius – a luxury five-star resort run by the up-market Asian hotel group of the same name. 

Oberoi Cape Maconde, the hotel group’s second resort destination and a Foster + Partners designed mixed-use residential project has embarked on $2.5 million marketing campaign, with strong focus on Russia and the CIS.

MD of Frank & Earnest, Brett Gregory-Peake presents the project strategy and reveals how they are connecting with the Russian buyer market, talking also about their performance to date:

  • Project partnerships – How the Agency has used the project partners including Foster + Partners & Oberoi to reach and engage potential buyers?
  • Distribution channels – The importance of creating numerous routes to market
  • Brand collaborations – Which brand relationships work most effectively and how to best to utilise them to maximise sales?
  • Events – How to produce events that are designed to achieve sales and deliver value for money
  • Public Relations – Which media are proving most effective and what is the best approach for securing coverage in up-market titles?   
  • Online – How effective is online advertising when targeting high net worth Russians?  

Brett Gregory Peake, Managing Director, Frank & Earnest 

10:10
The Russian entrepreneur class

Entrepreneurs in Russia face a risk unfamiliar to businesses in the West – the risk of government expropriation.

Personal and business assets can be confiscated on a political whim, creating a strong desire for wealth protection and security.

Igor Indriksons, Head of International Property Investments at Intermark Savills discusses his successes and failures marketing international property to this group of sophisticated property investors.

  • Product expectations and turnoffs
  • Most popular holiday home and city destinations.
  • Ideal mortgage and finance arrangements
  • Dealing with undeclared income and offshore companies
  • Marketing techniques to target entrepreneurs
  • Working with introducers and sub agents

Igor Indriksons, Head of International Property Investments Department, Intermark Savills

10:50

11.20
Coffee

Internet marketing strategies for the Russian buyer market
 
  • The trust vacuum - Building credibility and trust through online channels
  • Creating a Russian language website – do’s and don’ts 
  • Creating a virtual business to service the Russian market
  • Targeting buyers through Yandex and Google - Paid search tips SEO in Russia
  • Mobile marketing & social media
Ruben Akopov, Development Director, Guild of Real Estate Managers & Developers

12:00 Panel Debate: Strategies and tactics for closing business after the event

The panel bring the conference to a close with a discussion on the most effective next steps for delegates to ensure time spent at the conference turns into sales.

  • Minimum requirements – what do you absolutely have to invest time and money into to make sales?
  • How does this differ by the market segment you are looking to attract?
  • When is it appropriate to pay and retainer to large branded agency like Knight Frank, Intermark Savills or Chestertons Russia?
  • What kind of presence to you need on the ground in Russia to begin and maintain sales volumes?
Panel
Dobrica Illic, Director, Montenegro Living
Konstantin Isakov, Founder, Mediamark
Brett Gregory Peake, Managing Director, Frank & Earnest
Brian Johnson Managing Director of P.F.S. Russia
13:00
Chairman’s closing remarks

13.10
Conferences closes

13:45
Transportation departs to Moscow International Property Show

The Moscow International Property Show is the number one overseas real estate exhibition in Russia attracting over 10,000 visitors.

Conference delegates will receive a guided tour of the show and translators will be on hand to ensure you make the most of your time at the event.

17.00 Transportation returns to hotel

Igor Indriksons, Head of International Property Investments Department, Intermark Savills
Konstantin Isakov, Founder, Mediamark
Aida Yesmagambetova, Director, Invest Realty (Kazakhstan)
Kim Waddoup, Director, aiGroup