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| International investment and investment locations at Expo Real Cross-border property investment is set to reach a new record level in 2007. According to estimates by DEGI Research around 390 billion US dollars are to be invested directly in commercial real estate over the year. Jones Lang LaSalle puts the figure for 2006 at around 201 billion US dollars. International investment and investment locations are an important theme at Expo Real, the 10th International Commercial Property Exposition, which takes place from 8 to 10 October 2007 in Munich. In the Investment & Locations Forum at Expo Real leading real-estate and business experts will be presenting property markets, investment strategies and current projects in selected countries – from the classic European property markets such as Great Britain, France and Italy, through to the Baltic states, Turkey, the US and India. A special focus of the Real Estate Investors Guide at Expo Real are the markets of south and south-eastern Europe. On Monday, 8 October 2007, Hungary will be in the spotlight. The German company ECE is regarded as the European market leader in the development of inner-city shopping centres. Gyula Gyalay-Korpos, Managing Director of the Budapest office, will be giving first-hand insight into the potential of the Hungarian real-estate market. In 2006 in Hungary ECE received the real estate prize of a trade magazine ('Construction & Investment Journal') for the shopping gallery in Györ, nominated as the best shopping-centre development of the year. The Real Estate Investors Guide then turns its attention to Romania. International investors are looking around for attractive alternatives in that country at the moment. Interest has focused so far on the capital Bucharest, but increasingly investors are also reviewing other regional centres such as Cluj, Brasov and Constanta. Timisoara in the west of the country is the fastest developing city in Romania, after Bucharest. However, the growing interest from international property investors in Romania is not matched by a supply of suitable properties. Ukraine will be represented at Expo Real 2007 for the first time – both as an exhibitor and in the conference programme. The spotlight will be on the real-estate market in Europe´s largest country by area. With almost 50 million people and seven major cities, Ukraine has become a large market for international companies. Clemens Lehr, Managing Director of GLD Invest Ukraine in Kiev, will be presenting his successful real-estate projects in the Ukraine. One example is Eastgate, a logistics park at the gates of Kiev. The expertise acquired in this project will now flow into the next project – Westgate, on the opposite side of town. write your comments about the article :: © 2007 Construction News :: home page |