More differentiated thinking after the crisis

Munich Hotel real estate as investment opportunity is presently experiencing an all time high. But what buyers are currently active on the European market and where are they looking to invest? What types of contract will be used in future? Has the recent credit crisis already had ramifications on property prices? Questions such as these were addressed by numerous panels of experts at the 10th Expo Real in Munich.

Munich. The rapidly expanding Eastern European market still brings with it its own particular palette of problems and risks. Still, ten years subsequent to the first wave of Western investment, the markets are still ridden with legal uncertainty and - at least from a western perspective - false impressions with regard to hotel locations and concepts. One huge problem comes in the form of massively overvalued land, minimising added value for hotel owners and operators right from the very start.