EXPO REAL ASIA: Off to Asia`s property market

Asia at the centre of the real estate universe for the next decade
- International Property Conference features chances and risks between Shanghai and Mumbai from December 5 to 6, 2006 at the Macau Tower Convention & Entertainment Centre

First it was the U.S. Then came Europe. Now, Asia will be at the centre of the real estate universe at least for the next decade. With half the world’s population, the fastest growing economies and feverishly expanding industries from financial services to IT the region between Shanghai, Singapore and Mumbai will be hard to beat. Asian property already accounts for almost 20 percent of the 475 billion US-Dollar of global real estate allocation, a great leap forward from eight percent in 2003. The prospects remain enormous. Of the total investable stock in Asia of 2.5 trillion a mere 1.4 trillion US-Dollar has thus far been tapped. So it is no surprise that with maturing markets, growing liberalization, an emerging middle class and massive catch up demand, Asia is starting to become a viable alternative for pension funds from Europe which traditionally preferred bonds and equity. Of the 67 billion US-Dollar investments in Asian real estate last year, 20 billion US-Dollar were already cross-border, up threefold from 2003.

Leading commercial property experts will discuss the trends in the Asian Real Estate Industry. EXPO REAL ASIA, International Property Conference will open on December 5, 2006 at Macau Tower in China. The following senior level executives will discuss about future developments in Asia:
Mr Hong Wang, Assoc. Professor (Real Estate & Finance) Tsinghua University,
Beijing, China
Mr. Roman Krygier, Director Investments and Global Strategy, Pramerica Real Estate Investors, Munich, Germany
Mr. Kurt Roeloffs, Head of RREEF Asia Pacific and MENA, London, United Kingdom
Mr. Michael Thompson, Regional CEO, Cushman & Wakefield, Shanghai, China

This panel is moderated by Markus Gärtner, correspondent of the newspaper “Die WELT” in Canada.

EXPO REAL ASIA will be an international trade event of its type in the region to bring together key professionals involved in all aspects of the international property development and investment cycle. This includes key organisations and governmental authorities, city planners, architects, designers, developers, construction and engineering companies, corporate end users including retailers, hoteliers and major institutional investors and financiers.

Further information: www.exporeal-asia.net

EXPO REAL ASIA 2006 is officially supported by the Bavarian Ministry of Economic Affairs, Infrastructure, Transport and Technology and the Macau Trade & Investment Promotion Institute of the Macau SAR Government.

EXPO REAL ASIA
EXPO REAL ASIA, International Property Conference, takes place on 5 and 6 December 2006 in the Macau Tower Convention & Entertainment Center in Macau (China). Its target group are the key players in the international real-estate business. The event is a platform for networking on real-estate projects, investments and finance across sectors and international borders. The event´s participants – from Asia, the Pacific region, the US and Europe – benefit from a high-ranking conference programme focusing on current trends and innovations in the real-estate market. The first EXPO REAL CHINA took place in 2004 in Shanghai.

Macau
Macau, situated 65 km west of Hong Kong, is a Special Administrative Region (SAR) of the People´s Republic of China. Up until December 1999 Macau was Chinese territory under Portuguese administration. Today around 450,000 people live in Macau, 95 percent of whom are Chinese. Geographically Macau borders the southern Chinese province of Guangdong, the capital of which is Guangzhou. Macau comprises the Macau peninsula (9.9 km2; connected to mainland China), the two islands Taipa and Coloane and the reclaimed land of the Cotai area.

Press Contact:
Petra Gagel, Press Officer, EXPO REAL Asia
Marketing & Communication, Capital Goods Fairs
Tel.: +49 89 / 9 49-20244, Fax: +49 89 / 9 49-20249
E-mail: petra.gagel@messe-muenchen.de


About Messe München International (MMI)
Messe München International (MMI, Munich Trade Fairs International Group) is one of the world´s leading trade-fair companies. It organises around 40 trade fairs for capital and consumer goods, and key high-tech industries. Each year over 30,000 exhibitors from more than 100 countries, and over two million visitors from more than 200 countries take part in the events in Munich. In addition, MMI organises trade fairs in Asia, Russia, the Middle East and South America. With five subsidiaries abroad - in Europe and in Asia - and 66 foreign representatives covering 89 countries, MMI has a truly global network.

This release was published on openPR.