Expo Real recorded almost 40,000 visitors for its 2022 edition, ‘almost reaching pre-pandemic levels’, the organisers of the Munich trade show announced on Thursday.
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It's been a socially jolly Expo Real. But behind the smiles, there are cracks in the real estate industry.
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The ‘huge’ demand for rental housing in Poland offers rich pickings for developers like Trei Real Estate, says the firm’s CEO Pepijn Morshuis.
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Rory Buck, head of investments at Clarion Partners Europe, has a hunch that the logistics market has reached its peak.
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Oxford Properties’ long-term horizons for real estate ownership are helping the firm stay positive in the current climate, according to Jay Drexler, vice president offices, retail and life sciences Europe.
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GLP, the global logistics specialist, has been demonstrating snazzy yellow robots to retailers during Expo Real, that operate seamlessly in fulfilment centres.
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Investors are taking a wait-and-see approach in the current climate of uncertainty caused by Covid, Ukraine, inflation and interest rates, according to Nicole Pötsch, Allianz Real Estate’s head of investment and strategic development for North & Central Europe.
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The war in Ukraine has hindered progress on NREP’s residential projects in Poland, but the long-term outlook for the market remains positive, according to the group’s chief investment officer Jani Nokkanen.
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This year’s show is a curious mix of exuberance at meeting once again - after three years for most delegates - and a frisson of fear about what 2023 will bring.
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The shift to re-shoring and near-shoring of production triggered by supply chain disruption during the pandemic is set to continue, according to Tobias Kassner at logistics specialist Garbe.
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Global housing market imbalances have declined sharply over the past two years due to the global surge in inflation and interest rates, with only Zurich and Tokyo remaining in the bubble risk category.
