For the sixth year in a row, the German-Romanian Chamber of Commerce (AHK Romania) organised a joint participation of Romania at EXPO REAL Munich, October 4-6, the biggest trade fair for real estate and investment in Europe.
According to a press release, Romania’s stand was represented by the domestic real estate sector through WDP Development Romania, Plana-Innova, Rec Immpuls and Stratulat Albulescu – actors of the private economic environment, having as core activities the development of industrial parks, integrated logistics services, respectively civil and industrial constructions and legal advice, exhibitors as well as representatives of local authorities looking for investors interested in locations in Romania.
As in previous years, Romania was present at the fair with “Romania: New Market Dynamics and Opportunities” conference, dedicated to promoting country’s competitive advantages.
”The conclusions of the conference show that large-scale projects in all Romanian cities are needed for the country’s development. There is investment potential both in the residential and commercial & industrial areas, but for investors to want to come to Romania, the necessary premises need to be created, namely a good collaboration between civil society, public authorities and investors,” the release reads.
According to AHK Romania, the Romanian client in the real estate area has evolved over time, his claims being increasingly big, the demands increasingly diverse and complex.
”The future belongs to mixed projects, such as combining residential units with office spaces. A need reported across the country is the lack of hotels, and the investors present at the conference have expressed their interest in building hotels in Romania or renovating old buildings,” the organiser points out.
This year, Romania ranked sixth (out of 35) by the number of exhibitors from countries other than Germany, after Austria, the Netherlands, Poland, Switzerland, the United Kingdom, followed by France, Hungary, Luxembourg and the USA.