Subprime, Credit Crunch,
Non-Performing Loans – Strategies for dealing with the crisis
The topic of the opening panel at EXPO REAL 2008 is still up-to-date and
dominates the real estate industry. Thus, the exhibition’s goal of offering
market orientation was most noticeable. The discussion about the presented
strategies and concepts are still valid.
Emerging Trends: Segments and
Locations – Tops and Flops
Investors are looking at fundamental data and strategies of the real
estate business more than ever. In the past, the run for investment properties
caused the focus to dissipate. Today, the determining criteria are mainly
location and quality.
Overview of the Markets
The world has kept turning since EXPO REAL, and what was still
considered a “safe haven” in the autumn of 2008, will be found in the strudel
of worldwide changes in the spring of 2009. What is going on currently in the
developed and emerging markets?
Logistics Real Estate
While the number of transactions has clearly declined across all
commercial real estate markets, and the investment volume has sunk by one-third
to almost half, the market for logistics real estate is mostly stabile. As
straightforward as this special market segment continues to be, it is also very
solid.
Poland
The Central European country has been one of the strongest represented
international participants of EXPO REAL for a long time. Poland is a country where the capital Warsaw is not only the
sole focus of interest, and which is comparably stabile.
Ukraine
Next to Russia, Ukraine was one
of the countries with the best investment outlook. Still, the worldwide crisis
has left its marks. There are also political pecularities resulting from the
location of the country between East and West. What is the current outlook for Ukraine?
Kazakhstan
Russian project developers and investors had their eyes on the country
very early on, but meanwhile Western companies are discovering more and more
that the East goes beyond Russia.
Of course, local market participants also play a key role.
Japan
Japan already has a bank and real estate crisis behind it, but there are
slight parallels to the current crisis. It is, however, clear that the interest
of American and European investors has increased. Real estate markets have also
become more transparent.
USA
The “American Afternoon” has long been a part of EXPO REAL. However,
which time of day are investments in America: “late afternoon”, “midnight” or
“early morning”? As big as the continent is, the markets and strategies are
numerous.
Contents subject to change