This year, the leading real estate trade fair EXPO REAL will again be held as a presence event with 50 percent more exhibitors. Especially in view of the difficult market situation, the direct exchange of the industry in Munich is in demand. HCOB is also present with its real estate experts.
Inflation and rising interest rates, Ukraine war and supply chains, ESG and climate change, before that corona pandemic and lockdown. There are a wide variety of topics that are moving the real estate industry this year. At its flagship show, there will be more than 50 percent more exhibitors than in 2021, with 1,900 registrations. The high level of interest is reflected not only in the asset classes of residential and office properties, hotels, logistics and retail, but also in the international joint stands and the stands of the regions and cities.
Hamburg Commercial Bank will again be represented at the 2022 real estate fair with its reddot Award-winning stand. The real estate professionals around Peter Axmann, Head of Real Estate, are looking forward to exciting days around the future of the industry from October 4 to 6. Axmann also looks at the effects of the new interest rate world on the prices of the individual types of use: "The interest rate markets have reacted to the inflationary pressure that has been growing for the past year: If bond yields rise, this presses down on the valuation of real estate with a certain automatism. The first price corrections have been registered on the market, for example for offices, but also for one or the other residential property." New real estate loans would now have to be examined even more carefully: "The ability to service the principal must be guaranteed even if interest rates rise. If it were to falter at an interest rate of 3.5 or 4 percent, we would have done something wrong."
However, Peter Axmann sees intensive exchange as essential now, as in the past: "Particularly in challenging market situations, it pays to talk to experts. In order to achieve acceptable returns with commercial real estate at present, competence, creativity, experience and a cool head are necessary." Especially when it comes to financing complex real estate projects, he says, it is crucial to be familiar with all the options that modern investment offers here. HCOB structures portfolio and project financing in all common asset classes. A wide range of modern financing instruments are used and are individually adapted to the real estate projects.
This year's EXPO REAL will bring together around 20,000 participants from 52 countries. More than 1,900 exhibitors will present themselves in seven exhibition halls on 54,000 square meters. After the cancellation of the trade fair in 2020 in the wake of the corona pandemic and a trade fair in hybrid format in 2021, EXPO REAL will again offer a comprehensive trade fair experience in presence this year. The generous hall planning from the previous year has been retained. The same applies to the concept of networking areas and dedicated forums. Thus, in addition to the general conditions of the real estate industry, this year's EXPO REAL FORUM will also focus on the trend-setting topics of ESG, climate protection, affordable housing and the current interest rate policy. Topics that will also play an important role for the real estate professionals at Hamburg Commercial Bank in their many discussions at the trade fair at the end of October.
Key Facts about EXPO REAL Munich 2022