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Banking bosses to discuss the credit crisis at Expo Real

Expo Real 2008, opening on 6 October 2008, is taking up significantly more space – 11,000 square metres more – than last year. Despite the tougher economic situation in the sector the 11th International Commercial Property Exposition is setting a new space record this year, at 74,000 square metres. That´s 17 percent more than in 2007. Taking part in this event, between 6 and 8 October 2008, will be around 1,850 exhibitors from 46 countries. Seven exhibition halls are booked for the event at the New Munich Trade Fair Centre.

The credit crisis and its effects are also a focus in the conference programme. Kicking off the programme is a discussion on 'Subprime, Credit Crunch, Non Performing Loans – Crisis-Management Strategies', on Monday, 6 October. Here renowned banking experts will be discussing whether we have yet reached the bottom of the downturn, or whether there is worse yet still to come, what shape finance for future projects will take, and what lessons can be learned for the future. The panel consists of Dr. Michael Kemmer, Chairman of the Board of Directors of BayernLB, Bernd Knobloch of Eurohypo, Dr Karl Petrikovics of Immofinanz and Bernhard Visker, Board Member of HSH Nordbank.

In total over 500 property experts from all over the world will be taking part in the three-day conference programme of Expo Real. The focus will be not only be on investment and finance strategies, but also on sustainability that goes beyond purely ecological aspects: for example, there will be a look at sustainable utilisation concepts for hotel, office and retail property. And an analysis of the aspects that investors and operators have to take into account in achieving financial sustainability. Another theme is the life cycle of buildings, and how this can be influenced by sustainable planning and development.

In addition, in the Real Estate Investors Guide in the Investment Locations Forum, there will be up-to-date market data and first-hand reviews on growth markets such as Kazakhstan, Ukraine, Serbia, Romania, Bulgaria, Turkey and the Russian Federation, where there are numerous investment opportunities in the up-and-coming urban centres with populations of over one million.



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