SPRING MEETING OF

BRUSSELS 12-14 May 2016

THE HOTEL BRUSSELS

Boulevard de Waterloo 38, BE-1000 Brussels

B R O C H U R E

PRESENTATION & PROGRAMME

Please register by 30 April 2016 at the latest

ORGANISED BY

The European Group of Valuers’ Associations (TEGoVA)

Contact: Bernadetta Della Croce (tegova@aimgroup.eu)

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THE ORGANISER The European Group of Valuers’ Associations (TEGoVA)

The European Group of Valuers' Associations is a non-profit established in Brussels, under Belgian Law. Under its current form, TEGoVA emerged, in June 1997, from the former EUROVAL. TEGoVA unites 63 national valuers’ associations from 34 countries representing 70 000 qualified valuers either self-employed or engaged by specialist consultancies, major private sector companies, government departments, financial institutions both local and international.

TEGoVA's principal activities concern:

Valuation & Standards Drafting and promoting European Valuation Standards (EVS) for adoption across Europe, and recommending a standard approach to valuation methodologies. Professional Recognition Monitoring and running REV, TRV and REVC recognition for qualified valuers and valuation companies. Education Promoting a set of minimum educational requirements with which members of European professional bodies for valuers must comply. EU Affairs Representing the professional views of valuers to the European Union institutions concerning property and valuation-relevant EU policy and legislation.

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The Secretariat:

François Isnard

Managing Director

Gabriela Cuper

Adviser

Michael MacBrien

Adviser

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BRIEF HISTORY OF BRUSSELS

Brussels has many claims to fame but one of the least known is that it was founded by a saint. In

AD 695, Saint Gery built a chapel on the banks of the Senne River at a point now called Place

Saint Gery. But the city of Brussels didn’t officially become a city until 979 when Charles, Duke

of Low Lotharingia set down Brussels’ first city charter.

Thanks to its riverside setting, it swiftly became a trading centre and almost as quickly, acquired

two sets of city walls. Years later they would come to need them.

But in the 12th century, all was peaceful, and Brussels became the capital city and ducal seat of

the Duchy of Brabant. During this period, Brussels exported luxury items such as fabrics and

tapestries to Paris and Venice to decorate the homes of royals and aristocrats.

After temporarily falling out of favour in the 15th century, its fortunes were restored in 1519

when Charles V became Holy Roman Emperor. But with increasing importance came rising strife

and in 1695, the bombardment of Brussels by King Louis XIV of France left the Grand Place in

ruins and a third of the city’s buildings reduced to rubble.

French troops took over once again between 1746 and 1748. The Brabant Revolt followed in

1788 before Brussels was overrun during the Napoleonic era.

Brussels, which had been capital of the United Kingdom of the Netherlands, finally got its

independence along with the rest of Belgium in 1830.

Under King Leopold I, Brussels was reshaped with the old walls destroyed and replaced with

wide boulevards. With more space, the population exploded and by the turn of the century, the

city was home to more than 200,000 inhabitants.

But once again, Brussels was to be thrown into turmoil when the Germans invaded twice within

20 years. Nevertheless, the hard times were to change its fate forever and in the post-war world,

Brussels has become central to a new project – a United Europe.

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REGISTRATION FEE The registration fee of € 595,00 includes entry to the Conference, the General Assembly, tea/coffee breaks and lunches, and the formal dinner. The extra costs for delegate partners’ formal dinner, partners’ programme and informal dinner are indicated in the registration form. HOTEL & MAIN VENUE

THE HOTEL BRUSSELS ****

Towering high above the Brussels skyline on the Boulevard de Waterloo, the high-end fashion-shopping street of Brussels, The Hotel lets you escape the city rush and relax. Guests are invited to enjoy the spectacular views from the iconic building while meeting for business, or indulging in a treatment in the spa.

The Hotel is superbly located a few minutes away from the main attractions of the city: the Avenue Louise, the historic Grand Place and the European Parliament.

Boulevard de Waterloo 38 1000 Bruxelles Tel: (+32) 2 504 11 11 Fax: (+32) 504 21 11 Website: http://www.thehotel-brussels.be

The hotel special rates are:

Per night (including breakfast, VAT and services charges; City tax of € 7,58 excluded)

Superior room Wednesday 11/05/2016

Thursday 12/05/2016

Friday 13/05/2016

Saturday 14/05/2016

Single occupancy

€ 210

€ 210

€ 160

€ 160

Double occupancy

€ 230

€ 230

€ 180

€ 180

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Location

MAKEDONIA

http://www.thehotel-brussels.be/en/contact-and-location.html

NEARBY RESTAURANTS & BRASSERIES

For those who want to have a quick lunch on Friday before the working parties and near the hotel, we recommend: Au Vieux Saint Martin (Brasserie Belgo-French) Place du Grand Sablon 38 our comment: very good but not cheap

Le Pain Quotidien (Restaurant / Patisserie / Bakery) Place du Grand Sablon 11 our comment: excellent for a light lunch

Manhattn’s (Premium burgers)

Avenue Louise 164 our comment: best New York style burgers in town

Le Colonel (Premium meat) our comment: best meat in town

Rue Jean Stas 24 NEAR PLACES TO VISIT

Grand-Place The stunning Grand-Place is surrounded by baroque and gothic guildhalls and the 96 meter Brussels

Town Hall. The buildings in this UNESCO World Heritage site date mainly from the late 17th century.

Place du Sablon Antique and art lovers can enjoy the galleries during the week and find treasures at antique markets on the weekends. The district has also become the perfect place to find Belgian chocolates from names like Godiva, Wittamer, Pierre Marcolini and more.

Musée René Magritte Belgium’s most renowned surrealist, René Magritte, now has the 2,400 square meter Musée Magritte dedicated to his works. In 1926 Magritte was a founding member of the Belgian Surrealists group.

Royal Museum of Fine Arts of Belgium (Musée Royaux des Beaux Arts) The four main galleries are adjacent to each other in the place Royale; these comprise the Musée Old Masters, Musée Modern and the Musée Fin-de-Siècle, connected underground to the Musée Magritte.

THE HOTEL

BRUSSELS

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BOARD DINNER

Hotel Max Hallet

Private house (hotel de Maître) designed and built between 1903 and 1905. This Art Nouveau masterpiece was spawned by the genius of Victor Horta.

Privately owned, the Max Halle Hotel has regained its former glory thanks to meticulous restoration. The owner, Michel Gilbert, will exceptionally open his house for the members of the Board and guests.

The dinner is hosted by the Belgian Delegation (Union of Expert Surveyors of Brussels and the Royal Federation of Belgian Notaries) and the Board.

FORMAL DINNER

The Hotel Brussels, 27th Floor

The formal dinner will take place on the 27th floor of the hotel (Vista room). The guests will enjoy the most spectacular view of Brussels. A big surprise is programmed for the evening.

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INFORMAL DINNER

La Maison du Cygne Restaurant

La Maison du Cygne, on the Grand Place, has a fiercely arching sculpture of a swan above its front door and a reputation as one of the best and most traditional restaurants in Brussels. The interior is opulent and classical, with high-backed green velvet dining chairs, rich, dark brown woodwork and floral paintings hanging between high windows with heavy drapes. This burnished, traditional atmosphere is heightened by the liberal use of silverware and crystal. In another room hang two original Brueghel paintings. The historical pedigree of La Maison du Cygne is completed by the fact that Karl Marx briefly made it his home in the 19th century. Rue Chales Buls 21 1000 Brussels www.lamaisonducygne.be

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VALUATION CONFERENCE THE HOTEL BRUSSELS CONFERENCE ROOM

European Valuation Conference

“European Valuation Standards in an Ever Closer Union”

The Hotel Brussels (Vista Room, 27th Floor) Friday 13 May 2016

09:00 – 13:30

VENUES (Summary)

Committee Meetings The Hotel Brussels

REVASE & VARVET meeting (Thursday 12 May, 09:30-14:00)

Board meeting (Thursday 12 May, 15:00-19:00)

REV & TRV contracts signing session (Friday 13 May, 14:30-15:30)

Recognition Committee meeting (Friday 13 May, 14:30-16:30)

EVQB meeting (Friday 13 May, 16:30-18:00) The Hotel Brussels Conference Room (Vista Room, 27th Floor)

Valuation Conference (Friday 13 May, 09:00-13:30)

The Hotel Brussels (Vista Room, 27th Floor)

Cocktail & Formal Dinner (Friday 13 May, 20:30-23:00) The Hotel Brussels (Grand Ballroom, 1st Floor)

TEGoVA General Assembly meeting & lunch (Saturday 14 May, 09:30-16:00) La Maison du Cygne Restaurant

Informal Dinner (Saturday 14 May, 20:00-23:00)

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PARTNERS’ PROGRAMME

Saturday 14 May 2016

Antwerp Tour (3 hours) 09:00 – 13:00

Antwerp is renowned as the diamond capital of the world. It is the second largest city in Belgium. This cosmopolitan city is full of fascinating architecture and historical institutions, complemented by a lively nightlife.

The city is also the second largest port in Europe behind Rotterdam. Price: € 85 per person (minimum participants: 15)

The price includes private coach, entrance fees, lunch and an English speaking tour guide.

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MEETING PROGRAMME

Thursday, 12 May 2016

09:30 - 14:00 REVASE & VARVET Meeting (‘Meet 25.1’ meeting room of the hotel, 25th

Floor) (for project partners only)

15:00 - 18:30 Registration of TEGoVA Delegates (hotel) 15:00 - 19:00 TEGoVA Board Meeting (‘Meet 25.1’ meeting room of the hotel, 25th Floor) (for Board Members only)

20:30 - 23:00 TEGoVA Board Dinner (hotel Max Hallet) (for Board Members and Guests)

20:00 Meeting point: lobby of the hotel Transport: private coach Dress Code: jacket and tie, no badges

Friday, 13 May 2016

08:00 - 13.00 Registration of TEGoVA Delegates (hotel) 09:00 - 13:30 European Valuation Conference (see next page)

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European Valuation Conference

All TEGoVA Delegates are automatically registered to attend the valuation conference

EUROPEAN VALUATION CONFERENCE

“European Valuation Standards in an Ever Closer Union”

The Hotel (Vista Room, 27th Floor)

Friday 13 May 2016, 09:00–13:30

Conference Programme 08:30 Registration of Participants 09:00 Welcome and Introduction, Krzysztof Grzesik REV, Chairman of TEGoVA.

Keynote Speeches 09:10 The EU Is the Framework for All Great Political Projects Going Forward and Valuation Is at the Core, Michael MacBrien, Director General of the European Property Federation, Adviser to TEGoVA.

09:30 Mortgage Lending Value and EU Regulation, Andrzej Reich, Member of the Management Board of the European Banking Authority (EBA). 10:00 EVS 2016 – Valuation for Covered Bonds – Market Value vs Mortgage Lending Value, Luca Bertalot, CEO of the European Mortgage Federation (EMF).

Launch of EVS 2016 10:25 Presentation of EVS 2016, John Hockey REV and Jeremy Moody Hon REV, Chairman

and Vice-Chairman of the European Valuation Standards Board of TEGoVA.

TEGoVA’s Signal Contribution to Ensuring the Safety and Security of Eurozone Financial Markets

11:05 Delivery to the ECB of a re-write of the Asset Quality Review Manual’s section on

“Collateral and Real Estate Valuation”, Silvia Cappelli, Member of the Board of TEGoVA, Vice-President of ASSOVIB and Konstantinos Pallis REV, Member of the Board of TEGoVA, Secretary General of AVAG.

11:25 – 11:50 Coffee Break

Valuation Cooperation beyond Europe – AIC/TEGoVA Mutual Recognition of Canadian and European Standards and Qualifications

11:50 The Rationale for Mutual Recognition – Roger Messenger REV, Vice-Chairman of

TEGoVA and Chairman of the European Valuation Qualifications Board.

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12:05 Presentation of the Memorandum of Understanding on Mutual Recognition of Standards and Qualifications between AIC and TEGoVA, Daniel Doucet, AACI, P.App, President of AIC, Krzysztof Grzesik.

The next Frontier: Forging the link Between Education and Valuation Qualifications 12:15 Award of the Certificate of TEGoVA Recognised Academic Institution in North

America to the Faculté des sciences de l’administration, Université Laval, presented by Krzysztof Grzesik to a representative of ULaval.

How Canadian, American and European Valuers and Educators

Ensure a Pipeline of Professional Excellence 12:20 Canada: Dan Brewer AACI, P.App, President-Elect of AIC and Former Chairman of the

committee charged with the AIC designation process and the representative of ULaval. 12:40 USA: J. Scott Robinson MAI, SRA, AI-GRS, President of the Appraisal Institute. 13:00 European Approach: ITT Dublin speaker. 13:20 Conclusions and Closure, Krzysztof Grzesik. 13:30 End

13:30 - 14:30 Buffet lunch at the hotel (Park Ballroom, 1st Floor) 14:30 - 15:30 REV & TRV Contracts Signing Session (‘Meet 26.1’ meeting room of the

hotel, 26th Floor) (for AMA and R-AMA delegates who have REV and TRV Agreements to be

signed)

14:30 - 16:30 Recognition Committee Meeting (‘Meet 26.2’ meeting room of the hotel, 26th Floor)

(RC Members only)

16:30 - 18:00 EVQB Meeting (‘Meet 26.1’ meeting room of the hotel, 26th Floor) (EVQB Members only)

20:00 - 23:00 Cocktail & Formal Dinner (for TEGoVA delegates, partners and guests)

Venue: Vista Room, 27th Floor of the hotel Dress Code: Jacket and Tie, no badges 20:00 Meeting point: Foyer Vista Room, 27th Floor

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Saturday, 14 May 2016

09:30 - 13:00 Partners’ Programme Antwerp Tour

08:45 Meeting point: lobby of the hotel 09:30 - 16:00 TEGoVA General Assembly (Grand Ballroom, 1st Floor of the hotel) 11:00 - 11:30 Coffee break (Foyer) 13:00 - 14:30 Lunch Delegates – TEGoVA General Assembly (Park Ball Room) 14:30 - 16:00 TEGoVA General Assembly continued 16:00 Board Meeting 20:00 - 23:00 Informal Dinner Venue: Restaurant La Maison du Cygne Dress Code: smart casual, no badge

Transport: private coach

19:30 Meeting point: lobby of the hotel

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Meeting of TEGoVA Spring Meeting Brussels

Meeting Registration Form Please send by 30 April 2016 at the latest to

E-mail: tegova@aimgroup.eu.

Information

Events Cost

Meeting Registration Fee (including the valuation conference and the formal dinner)

€ 595

Formal Dinner - Friday 13 May 2016 Vista Room, 27th Floor, The Hotel (extra cost for partners)

€ 90

Partners’ Programme - Saturday 14 May 2016 Antwerp Tour (see Brochure p. 10) minimum participants: 15

€ 85

Informal Dinner - Saturday 14 May 2016 Restaurant La Maison du Cygne (not included in the registration fee)

€ 80

Instructions

Please file your meeting registration using the link below

Book your meeting registration at:

https://services.aimgroup.it/ASPClient/loginindividual.asp?eventoid=3405 Registration steps:

1) Please click on ‘Create your profile and register’ to obtain a ‘User ID’ and a ‘Password’; fill in the registration form; you will get a user ID number and a password via e-mail.

2) Login using those codes and click on ‘Register to the event’; file your data.

Note: You must ask for a user ID + password per delegate. The file is nominative.

Invoice:

The invoice will be sent to your e-mail address within 48 hours. Payment: Note that you can pay by credit card with online payment or by bank transfer.

Note: When you make the bank transfer it is important to quote the tracking code shown later in the email, as this helps us match the payment to your account.

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Meeting of TEGoVA

SpringMeeting Brussels

THE HOTEL BRUSSELS Hotel Registration Form

Please register by 30 April 2016 at the latest

Information

1) For the nights from 11/05/2016 to 14/05/2016

The hotel can only be booked online through the link displayed on the hotel registration page indicated below). Due to a limited number of rooms, early booking is recommended.

Availability of TEGoVA group rates (which includes breakfast, VAT and services charges; City tax of € 7,58 excluded)

Start date: 04/04/2016 End date: 30/04/2016

Warning: Do not reserve through Boooking.com or equivalent, in general those rates do not give the same services (breakfast for instance) and conditions as our rates do.

2) Rest of the nights (before or after the dates indicated above) You must do the reservations yourself sending your request to:

Reservations.Coordinator@thehotel.be

Instructions

Please file your hotel reservation using the link below

Book your room at:

https://resweb.passkey.com/Resweb.do?mode=welcome_ei_new&eventID=14809897 Note: When you are on the TEGoVA Reservation page at the MAKE A RESERVATION Box - Dates: insert dates of check in and check out. - Guests: 1 guest you will find the single occupancy room rate; 2 guests you will find the double occupancy room rates.

- Click FIND and SELECT your choice; click NEXT on the MAKE A RESERVATION Box and so on.