PROVADA attracts record number of visitors (NL)

PROVADA, the real estate meeting point in the Netherlands, that takes place on June 11–13, 2007 in the Amsterdam RAI, has attracted a record number of 10,000 visitors on its second day. This means that PROVADA 2007 has already surpassed the total number of visitors of last year's edition.













This is the third year that PROVADA is being held. PROVADA 2007 is almost four times as big as first year's edition in 2005, now offering 20,000 m² of exhibition space divided over three halls, as well as 2,000 m² of conference facilities. Over 400 exhibitors are present at PROVADA 2007. Never before have so many different market parties been brought together at PROVADA. The government, more than 50 municipalities, housing corporations, developers, investors, financiers, estate agents, trade organizations and end users consider PROVADA to be the Dutch real estate platform. John Kerkhoven, Commercial Director of PROVADA, comments, "The popularity of the PROVADA is partly due to the constantly growing number of municipalities and social housing corporations that have a stand at PROVADA. They have realized that PROVADA offers them ample opportunities for doing business. A large number of new parties have already assigned their attendance for next year's PROVADA."

The all-day conference programme that accompanies the fair has also contributed to the success of PROVADA 2007.











F.l.t.r.: Christopher Luck, Nabarro, Arnaud du
Pont
, VastNed Group, Brett Ward, AMP Capital
Redding, Ronald Wijs, Loyens & Loeff, and
Nick van Ommen, EPRA.


European REIT regimes
For instance, on Tuesday June 12 Europe Real Estate organized a lively panel discussion about REIT structures in Europe. The discussion was moderated by Ronald Wijs, Tax Lawyer and member of the Tax Practice Group of Loyens & Loeff.
During this discussion panelist members Nick van Ommen, CEO of EPRA, Arnaud du Pont, General Counsel of VastNed Group, Christopher Luck, Partner in the corporate real estate group Nabarro, and Brett Ward, Head of European Real Estate Securities Business of AMP Capital Redding, pointed out the developments in the different REIT structures in Europe and outlined what is to come.

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