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Conclusions of Vienna real estate fair : Romania has potential but is unpredictable

The fifth edition of Real Vienna real estate fair, organized over 18-20 May at Messe Wien was dominated by the investors’ limited optimism and expectations.As for the Romanian market, there is an important development potential for these services, even if the number of international players has grown compared to Central Europe, the local facility management market being still very young.
Participants and visitors are in a state of expectation, of prudence towards south-east European real estate markets.

Poland and the Czech Republic benefit from investors’ attention with optimistic nuances because of the positive performances of the last 12 months.Compared to the 2009 edition when 242 participants were registered, this year the Vienna fair recorded a participation of 199 exhibitors, about 12% fewer on a relatively smaller area, in a single pavilion compared to two last year. The estimated number of visitors was 20% lower than in 2009.

Exhibitors came from 20 countries, against 24 last year, the most representative being Austria, the host country, Poland, Czech Republic, Germany, Hungary and Serbia.Romania was present with three firms: Building Support Services, Imotrust Arad and Immpuls Real Estate Solutions.



Tuesday, June 1, 2010