Expo Real, the biggest European trade fair of real estate and investment opportunities, took place in Munich from 8 to 10 October 2018. The event attracted hundreds of specialists in the property and investment markets who believe that the conditions for the development of those markets will remain favourable this year and next. At the same time, the trade fair confirmed the trends involving smart cities of the future, namely innovation, digitalisation and sustainability. According to experts attending the trade fair, these principles should be reflected in, for example, management, operation, planning and construction.
The Czech Republic gave its biggest presentation ever in the history of Expo Real, focusing on exhibiting the country’s innovation potential in addition to its investment vision. The CZECH CITIES & REGIONS exposition was presented by the cities of Prague, Brno and Ostrava and the Moravia-Silesia and South Moravia regions together with CzechInvest, the Association for Foreign Investment and more than ten partner companies from the private sector. CzechInvest CEO Silvana Jirotková took part in the Czech Investment Cocktail presentation, in which she spoke about investment opportunities in the regions of the Czech Republic, brownfields and properties for industry with higher value added.
Expo Real is always an indicator of trends and problems of the modern world that impact the investment and real estate markets. A total of 380 real estate experts and European specialists who participated in a survey on the occasion of Expo Real concurred that the property market is very strong ten years after the financial crisis. They have an optimistic view of the future: 65.9% of them anticipate that the conditions for the development of the real estate market will remain favourable this year and next despite geopolitical tensions, the threat of trade wars and international debt. Thirty percent of respondents believe that their firms will manage to absorb slowing economic growth.
According to data from the German organiser, Messe München, more than 2,000 exhibitors took part in the trade fair, breaking last year’s record. The total number of trade-fair attendees (exhibitors and visitors) is estimated at 42,000. The accompanying programme, which was divided into eight thematic discussion forums, featured 400 specialists including bankers, real estate experts and prognosticators. The next, 22nd edition of the trade fair will be held in Munich from 7 to 9 October 2019.
More information is available at www.exporeal.net and here.