PropertyEU spoke with several leading players in the European real estate industry during Expo Real. Below is a summary of highlights from three days of meetings in Munich.
Day 1
German market in gridlock, says Deka
German measures to boost investment in housing 'not enough
WP Carey: more leasebacks in the offing as tough conditions continue
Verdion: ‘This is the time for the true sector specialist’
Coyote seeks to solve real estate’s pain points at Expo Real
Aareal Bank: ‘It hasn’t all been plain sailing, but we can deal with it’
Day 2
City of London makes Expo debut to underline ESG ambitions
Stoneweg ‘turning current environment into an opportunity’
CTP sees ‘affordable outlook’ for valuations for the rest of the year
AEW’s Wilkinson cautious on outlook but sees investment opportunities
Union Investment favours opportunistic approach as new cycle dawns
Retail ‘ready and waiting for its moment’ – CBRE IM’s Decouvelaere
Deutsche Finance Group takes own Expo stand for first time
Going up - Digital Spine tops 150 clients in DACH region, including Blackstone
‘More dialogue needed between policymakers and industry to solve challenges’
Day 3
Investors eye fire sale potential of €90b French open-ended real estate market
Aversion to losses will dictate market recovery - MSCI's Leahy
Chance of ‘second liquidity crunch’, says Invesco’s Bessell
Institutional investors keep faith with real estate, look beyond Europe
‘There will be further casualties in the construction sector’ – Trei Real Estate
Sentiment at Expo better than expected, but finance still hard to find – Aventos
Hamburg Commercial Bank taking a ‘safety first’ approach to lending
Germany still has plenty to offer, as pricing nears bottom