Expo Real - 2018
8 to 10 October a major international B2B exhibition of the real estate and investments in Europe took place in Munich. Dozens of countries and cities came to declare the potential of their territories.
Alla Seryogina, marketing director of Metropolis visited the exhibition on a delegation of press service and PR representatives.
This year the international forum gathered 44,536 participants from 72 countries. Most visitors came from Germany (which is natural), and the other top 10 coutries by the number of exhibitors were Great Britain, the Netherlands, Austria, Poland, Switzerland, France, Czechia, Luxembourg, USA and Spain.
Russia was represented by a large stand of the Department of construction of Moscow, which for several years now is located in the most advantageous place - by the entrance to the exhibition. The Russian capital intends to assert itself at the world real estate market providing development opportunities to foreign investors for developers' projects.
'Moscow Government makes great efforts for creating the city of the future. We hope that an event like today's exhibition will help to develop new joint solutions for cooperation in the field of commercial real estate development and investments', Consul of Russia in Munich Sergey Ganzha stated on Monday at the official opening of the Moscow Government stand at the exhibition.
Potential investors have lots of possibilities for choice in the Russian capital. Moscow annually builds around nine million square meters of various property. The return of investment varies from 7 to 10 percent. Premium class projects are of special value. However, the number of such buildings in central Moscow does not increase and the price thereof always grows.
As for hotels, this market sector is not quite clear to investors. However, there has been a trend for capitalization growth of such buildings lately. The return of investment may grow to nine percent, if a hotel is built closer to the Third traffic ring or Moscow Ring Road. At an average, such investments will be repaid in 15 years.
Moscow forms comfortable conditions for any investors despite some specifics of the Russian legislation.
As the stand was working, there were sessions held by Vedomosti, Kommersant and RBC.