The property industry is waking up to the opportunities afforded by artificial intelligence (AI), but a strategic and targeted approach is essential to unlock its full potential, say experts.
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The overriding message from this year’s Expo Real was that the market has turned the corner and is poised to enter a new cycle.
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International developer and landlord Pembroke attended Expo Real this year as part of efforts to establish itself as a player in the multi-family sector on a global basis.
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The mood at Expo Real is vastly improved compared to 2023, but further interest rate cuts will be required before the market fully recovers, according to Jorge Duarte, fund manager at Hines.
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The development sector needs to have a relentless focus on reducing embodied carbon in construction, Natali Cooper, Europe head of portfolio, asset management and ESG at developer GLP urged at Expo Real in Munich.
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The mood at Expo Real this year can best be described as cautiously optimistic, with many delegates reporting that opportunities are starting to emerge.
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Dublin is now a global hub for investment and has become the bridge between North America and the European Union following Brexit, according to Niall Gaffney, chief executive of IPUT Real Estate, Ireland’s leading commercial property company.
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Investors have to be smart and actively manage their assets in order to make money in the current market, Thomas Landschreiber, founding partner at 777 Capital Partners, told PropertyEU at Expo Real in Munich.
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The time is ripe to invest in prime retail assets after years of declining values, according to Marco Kramer, global head of research and investment strategy at Real IS.
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The environmental sustainability agenda is ultimately being driven by the general public's increasing awareness of the seriousness of climate change, a panel discussion at the Provada trade fair in Amsterdam concluded on Tuesday.
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German-listed real estate company Branicks Group has sold a retail property in Bremen city centre to municipal urban developer Brestadt for €37.2 mln.
