EXPO REAL 2019 - Opening of Expo Real 2019
Klaus Dittrich, Chairman & CEO, Messe München: "2019 is a very good year for Messe München. All our events to date have gone extremely well. Expo Real has also seen an increase of 4.5% in the number of exhibitors, to a total of 2,190. This high level of demand has led us to open a seventh hall, which will focus on startups and innovations. So the mood in the sector is still good. We devised a mood barometer for the participants at the last event in July. 14% of respondents even stated that they expect a new record year. That's a very large number with a very successful year, even though the investment volume in Germany has declined slightly in the last two quarters. Of course, everyone is also very attentive to what the developments in Great Britain will bring with Brexit. The low interest rate policy is very divisive, with about half saying: "It's good that way". The other half says “no, it is not sustainable enough”. So there's a lot to discuss at the fair, that's what it's there for. The issue of affordable housing, especially in large cities, is of course an important topic that is keenly discussed. The proposals differ widely, ranging from simplified approval procedures, to more designation of dwellings and also expropriation. There is much controversy here too. We all hope that the discussions will ultimately lead to results that will soon solve these social problems. We have a very extensive conference program. A lecture by Dr.Kater, the Chief Economist at DekaBank, will be devoted to Brexit and its effects on Europe. Another lecture by Professor Felbermayr, President of the Kiel Institute for the World Economy, deals with political developments in the USA and the impact of the US administration's decision on the economy. All in all, very exciting discussion topics."