Statement
The past few years have served to "lick wounds", to optimize the portfolio and to strategically realign itself.
At the EXPO REAL industry get-together in Munich, it became clear that this strategy now wants to be implemented.
Accordingly, there was the unanimous basic tenor among exhibitors and trade fair visitors: We finally want to do new business again!
What is necessary for this?
- The zest for action must also extend to the financing vehicles.
- In order to trigger transactions, the depreciation that has still not been carried out for numerous properties must now be realised at the current market level.
- Trust is needed between transaction partners and advisors. In doing so, we find that the basis of trust has grown significantly again on the way to the "new start".
If these minimum requirements are met, the starting point for new business is created.
What other topics were there?
- Conversions of existing offices into various residential concepts, including commercial ones, continue to be "en vogue".
- The gap between supply prices and demand prices has narrowed significantly and approached to ten percent.
- Artificial intelligence is increasingly becoming an industry companion, but it does not replace sustainable trust and the quality of personal advice between the players.
Our conclusion: The industry wants to get back, transaction conditions and sentiment are improving.
