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| Ideal properties for new businesses at Expo Real 2006 in Munich  New businesses not only require expertise, a business idea and starting capital but also property. This issue will be the focus of a discussion round at the Expo Real, the 9th International Property Conference, which will take place in the Expo Real Forum on Wednesday 25th October 2006 from under the title "Young users: What do start-ups and other new businesses need?" According to the Organisation for Economic Cooperation and Development (OECD), about half of all new businesses fail within the first five years.“Germany needs a new foundation era”, claims Georg Braun, President of the Association of German Chambers of Industry and Commerce (DIHK). In Germany there are more than 160 innovation, technology and foundation centres. They provide ideal framework conditions for young enterprises. Their offers range from advise on office services to property for offices, research and production facilities, room for logistics and the availability of conference and seminar rooms. For commercial properties, the successful establishment of start-up enterprises is based on factors such as costs, location and the proximity to car parking and public transport facilities. In addition, businesses in the foundation phase especially require flexible-space concepts with a scope for extension at short notice. They also need to make sure that sufficient potential employees with the required qualifications are available at the chosen location. These two factors and the future requirements on developers and investors as well as on economic regions to establish such foundation centres will be discussed at the Expo Real on 25th October 2006. write your comments about the article :: © 2006 Construction News :: home page |