Romania for the 7th time at EXPO REAL Munich

Romania for the 7th time at EXPO REAL Munich

Three interesting days of trade fair, a full agenda of meetings and individual discussions at each stand. All decision factors from the real estate sector reunited at EXPO REAL Munich between 8th and 10th October 2018, the fair being once again the main meeting point of the branch.

Over 44.536 participants (2017: 41.775) from 72 states came to the 21st edition of the International Trade Fair for Real Estate Projects and Investments. This year’s growth confirms that EXPO REAL is the most important European event for the real estate sector, the trade fair strengthening its position as platform dedicated to opinion exchange on current topics from this sector.

2.095 exhibitors (2017: 2.003) from 41 states took part in EXPO REAL 2018. For the 7th consecutive year the German-Romanian Industry and Commerce Chamber (AHK Romania) organized a joint participation of Romania at this trade fair.

The Romanian stand was represented by the real estate sector in Romania through its exhibitors: Bacău County Council, Iași County Council, Suceava County Council, City of Bucharest – City Hall of the 5th District, City and Harbor of Constanța, Iași City, Siret City (Industrial Park East European Border) and Invest in Jiu Valley, the form under which the six local administrations from the Jiu valley collaboratively presented themselves – representatives of local authorities looking for investors interested in projects in Romania, and Alma Consulting, Danina Star, Plana-Innova, Rec Partners, Stratulat Albulescu, WDP Development Romania and Zacaria – actors of the private economic sector, having as core activities the development of industrial parks, integrated logistics solutions or civil and industrial constructions as well as legal advice.

Same as in the previous years, Romania was present, at the trade fair with conference “Romania: New Market Dynamics and Opportunities” aiming the promoting of competitive advantages Romania and its magnet cities represent. The conference, moderated by Andreas Schiller, Chief Editor of SPH, enjoyed among the audience the presence of some major global companies and business people from various sectors, interested in the country offer of Romania. The invited speakers were Hedwig Höfler, Head of Investment Management, CA Immo; Dr. Marcel Ionescu-Heroiu, Senior Urban Development Specialist, World Bank Group; Thanos Efthymiopoulos, Managing Director Greece, Investments & Finance Romania, Sonae Sierra; Cătălin Jalobă, Head of Real Estate Finance, BCR Erste Group, who shared with over 130 participants their experiences on the Romanian market. Also, at the event opening the mayor of the 5th district of Bucharest, Mr. Daniel Florea used the opportunity to launch the major real estate project, Centenary Project/ urban development in the Antiaeriană area, one of the most important projects in South-East Europe, which covers a surface of 110 ha.

The conclusions from the conference were that the development of Romania is favorable for any kind of real estate investments. A gratifying thing is the fact that through the rise of importance and activity of secondary cities the people have more options: if they do not like Bucharest they can move to Constanța, Iași, Cluj, Brașov or Sibiu, real poles of growth and economic development. An important progress is the fact that the local administrations started to be proactive and strong, collaborating in a more and more efficient way with the private sector and other actors. Regional cities undoubtedly represent a viable option and an alternative to Bucharest.

The record numbers for EXPO REAL 2018 reasserted the position of the exhibition as the most important profile event in Europe. “The total number of participants to the trade fair rose with 6,6% to 44.536. Among these were mayors and city directors from 24 European cities who talked about urban development. A total of 100 mayors and representatives of governments came to Munich for this event” said Klaus Dittrich, the president and CEO of Messe München.

This year Romania ranked 7th (out of 41) after the number of exhibitors from other countries excepting Germany, after Austria, The Netherlands, Swiss, Great Britain, Poland, being followed by France, Luxembourg, Hungary and USA.