The mood at EXPO REAL was as sunny as the weather in Munich this year.
There was a distinct buzz in the air as the 1,900 exhibitors and thousands of visitors from 35 different countries crowded the Messe’s three vast exhibition halls and the meeting rooms, although many people also found time to make the most of the bright red deck chairs on the green lawns outside.
The optimism on show reflected the positive outlook for the European property sector, as domestic and international investors compete for deals and the continent’s prospects are underpinned by a solid economic recovery.
As Mo Barzegar, CEO and president of Logicor, one of the many heavyweights present at this year’s Expo Real, put it: ‘In 30 years in this business I have never seen such healthy fundamentals.’
But the positive atmosphere at Expo Real 2017 was also a reflection of the host country’s recognised status as a solid investment destination as well as Europe’s economic powerhouse and safe haven par excellence.
Experts say that investment volumes have been so high in 2017 that Germany is on course to overtake the UK for the second year in a row. As a buoyant Germany looks set to do it again this year, so Expo Rea is certain to do it again in 2018.
See you then.