20 years of EXPO REAL
On October 8-10, a Moscow government delegation took part in the international commercial real estate and investment exhibition EXPO REAL 2018, which took place in Munich. This is the 20th time the Russian capital took part in the event.
The international exhibition Expo Real has taken place in Munich every year since 1998. Participants include representatives from state and municipal establishments, construction companies, architecture studios, banks, developers, investors, experts, and other real estate and investment specialists from all over the world. The exhibition is among the largest investment forums in the world. It promotes the establishment and strengthening of internternational cooperation in the spheres of investment and finance. In 2017, 1,768 companies with exhibits from 29 countries took place in Expo Real. The exhibition was attended by over 39,000 real estate and investment experts and specialists from 77 countries. Participating in the event gives Moscow exhibitors a chance to learn about relevant issues in the European construction industry, and talk about key Moscow projects and programs in the sphere of urban planning and real estate.
Moscow’s booth at the exhibition covered an area of 336 square meters. It presented an exposition from the Government of Moscow, which demonstrated investment projects and programs that are being implemented in the capital in the spheres of infrastructure solutions, urban development, technology park development, improvements to the urban environment and quality of life, transportation development, and the preservation and repurposing of historical buildings. An interactive mobile complex “Map of Moscow,” which took up almost 100 square meters of space, was presented to the visitors.
The Moscow government’s business program kicked off on October 8. The opening ceremony of the Moscow government booth was the focal point of the day. It was conducted by Deputy Head of the Moscow Department of External Economic and International Relations Igor Tkach, Chairman of the Board at Messe München Klaus Dittrich, Russian Consulate General in Munich Sergey Ganzha, and Deputy of the Moscow City Duma Stepan Orlov. The speakers expressed confidence that Expo Real will become an excellent platform for establishing new contacts that will lead to successful joint projects in the future. They also noted that the Russian capital has a lot of investment potential. “Moscow is growing and developing, becoming more beautiful, friendlier, safer, and more attractive to investors,” Igor Tkach said.
The business breakfast “Think Globally, Act Locally,” opened the business program at the Moscow booth. New opportunities for foreign investors on the Russian real estate market was the main subject of discussion. During the conversation, participants went over the nuances of doing business in Russia, the most in-demand technologies and formats of cooperation between business and government, solutions to the most common problems, as well as modern trends and projects in this sphere. For example, the renovation program – the liquidation of dilapidated buildings – is one investment project with a lot of potential.
The business session “An Ecosystem for Business. A New Formula for the Modern City” took place after the business breakfast. During the session, participants talked about different aspects of the new city development concept, which is invariably interlinked with effective cooperation between the government, business, and modern technologies. According to the speakers, collaboration has to exist at every level, from economic to social. Creating a comfortable environment and developing an infrastructure that supports it are currently the city’s key priorities.
Transport accessibility was also an important topic of discussion. Participants of the discussion “Infrastructure and the Development of Global Cities. Moscow’s New Urban Agenda” helped answer many pressing questions. Mobility and comfort are some of the most important factors for people deciding on a place to live. It’s undeniable that the opening of metro stations in new districts leads to an increase in trade, faster construction speeds, and the establishment of social and cultural venues.
The booth also hosted interactive sessions, road shows, and discussion. The events were dedicated to exchange of experience in the implementation of cases related to digital design, the introduction of digital platforms for public services, and a boom in the number of Internet services. Participants talked about working models successfully implemented in megacities, as well as ways to bypass the pitfalls often encountered in these spheres.