The City of Munich at Expo Real 2013

Transcription

1 Press Release The City of Munich at Expo Real 2013 Headed by the Department of Labor and Economic Development and in collaboration with 27 partners from the real estate industry, the City of Munich will be presenting the Bavarian capital as a vibrant business and property hub at Expo Real from October 7-9, You will find us on stand 320 in hall A1. - Munich A vibrant business and property hub 1 - Munich stand at Expo Real 3 - Marketplace Munich 3 - Program of events and project presentations 4 - Project partners 5 - Stand partners 5 - Other partners 6 - More information 6 Munich A vibrant business and property hub Munich is one of the leading business locations in Europe. A diverse spread of industries, a very competitive corporate sector, strong purchasing power and low unemployment combine to give the city firm economic foundations. As a European property hub, Munich therefore has very bright prospects for the future as confirmed by Emerging Trends in Real Estate Europe 2013, a comparative study of European cities conducted by Herausgeber: Landeshauptstadt München, Referat für Arbeit und Wirtschaft Herzog-Wilhelm-Straße 15, München Kontakt: Wolfgang Nickl (Pressesprecher) Tel.: (089) , Fax: (089) [email protected]

2 PricewaterhouseCoopers and the Urban Land Institute. Year on year, the Bavarian capital edged up one place and now leads the rankings. Munich also came an impressive second in the European Regional Economic Growth Index 2012 (E-REGI), a pan-european comparison of regions published by Jones Lang Lasalle. Similarly, the city on the Isar has for years occupied pole position among all German cities in an extensive annual survey published by INSM (the Initiative New Social Market Economy) in cooperation with influential business weekly WirtschaftsWoche. Gross floor area totaling million m 2 makes the Munich region the biggest commercial property location in Germany and the third-largest in Europe, after Paris and London. Business was positive in the first half of 2013, with around 323,000 m 2 of office space changing hands in this period. This figure is slightly higher than the same period in the prior year. The vacancy rate fell in the first two quarters to 5.9 percent, the lowest level for ten years. All in all, approximately 1.3 million m 2 is available at short notice in and around the city. Halfway through 2013, top rents stood at around EUR 31.50/m 2. The average rent eased down 1.6 percent to EUR 14.55/m 2 in the same period. Office space turnover is expected to be about 600,000 m 2 for 2013 as a whole. For more detailed information, please refer to the Munich Real Estate Market Report 2013/2014 : Seite 2

3 Munich stand at Expo Real As every year, stand 320 in hall A1 the Munich stand will be a meeting place for trade audiences. Visitors can meet and network with Munich's 27 partners at the stand, as well as attending a number of fascinating podium discussions: At 5:00 p.m. on Monday, October 7, City Councilor Professor Elisabeth Merk will join a panel of experts to discuss the issue of How well is Munich's retail sector placed? What will the future bring?. Two further podium discussions focusing on the Munich housing market will follow on Tuesday, October 7. At 3:00 p.m., City Councilor Professor Elisabeth Merk will talk about Housing 2.0 Major projects and growth strategies. Then, at 5:00 p.m., Dieter Reiter, head of the City of Munich's Department of Labor and Economic Development, will lead a panel in discussing another topical issue: The Munich housing market Overheating here and there, but nowhere near a bubble. Marketplace Munich For the 12 th time, the City of Munich and its partners Bayerischer Hausbau, BayernLB and KGAL will this year join forces to host the successful Marketplace Munich platform at the Munich stand. Highlights at the Marketplace will include the podium discussions and, as ever, the traditional party hosted by the Munich property industry at 6:30 p.m. on Tuesday, October 8, Bavarian specialties and musical entertainment will be provided. Seite 3

4 Program of events and project presentations Experts will be discussing topical issues in the real estate industry at a number of forums. Information about the show in general, all podium discussions and the panel line-ups are posted on the Internet at Monday, October 7, :00 p.m. Munich's property market Security and returns? 4:00 p.m. The Munich real estate market: Facts and figures, trends and perspectives 5:00 p.m. How well is Munich's retail sector placed? What will the future bring? Tuesday,October 8, noon Who dares wins Women in management positions! 3:00 p.m. Housing 2.0 Major projects and growth strategies 4:00 p.m. Project development in 2013 Changes for and challenges to the players involved 5:00 p.m. The Munich housing market Overheating here and there, but nowhere near a bubble 6:30 p.m. Marketplace Munich Party Wednesday, October 9, :00 a.m. International property industry breakfast hosted by Frauen in der Immobilienwirtschaft e.v. ( Women in Real Estate ) Seite 4

5 The following partners will be on hand at the Munich stand to talk to visitors: Project partners aurelis Real Estate GmbH & Co. KG Region Süd Stadtwerke München GmbH Stand partners ACCUMULATA Immobilien Development GmbH ALBA BauProjektManagement GmbH BAYWOBAU Baubetreuung GmbH CA Immo Deutschland GmbH CORPUS SIREO Asset Management Commercial GmbH F&C Reit Asset Management GmbH & Co. KG FMS Wertmanagement Service GmbH Hochtief Solution AG Jost Hurler Beteiligungs- und Verwaltungsgesellschaft GmbH & Co. KG LHI Leasing GmbH MEAG OBERMEYER PLANEN + BERATEN GmbH Seite 5

6 Optima-Aegidius Group Prime Office Reit AG Realogis Group Dr. Sasse AG SIBETH Partnerschaft Rechtsanwälte Steuerberater Siemens AG - Siemens Real Estate Stadtsparkasse München UBS Real Estate Wöhr + Bauer GmbH WSP Deutschland AG WTS GROUP AG Steuerberatungsgesellschaft Other partners Technische Universität München Chair of Construction Process Management and Real Estate Development Frauen in der Immobilienwirtschaft e.v More information Details of the City of Munich's presence at Expo Real 2013 and that of its 27 partners are posted on the Internet at: Seite 6