German Real Estate Market Attractive Despite Crisis

19th IIR Real Estate Convention "CIMMIT"
on 2nd and 3rd February 2009 at the Hilton Frankfurt Hotel

Frankfurt, December 2008. Even in times of crisis, Germany's real estate market turns out to be comparatively stable as it is still undervalued. Experts assume that there is potential for deals outside of prime locations. However, business still is impeded by the credit crunch and a legislation inhibiting investors, says John von Freyend, President of the German Central Real Estate Board (ZIA). "Although Germany has got one of the most defensive characters among the European real estate markets, there are quite auspicious opportunities for market entry in other countries," states Simon Martin, Professor at Henley University. (Immobilien Zeitung, 27th November 2008) Financiers, investors, project developers and real estate brokers will come together at the 19th IIR Real Estate Convention "CIMMIT", which will take place on 2nd and 3rd February 2009 at the Hilton Frankfurt Hotel. The duration of the recession, ways out of the crisis, profitable business areas and acquisition of loan capital are the crucial questions. There will be more than 35 speakers at the CIMMIT 2009, active managers and directors from the international real estate industry, who will report on their experience. The event programme is available at: http://www.iir.de/data/pdf/P2100091e.pdf.

Contact:
Carsten M. Stammen
Press Relations Officer
IIR Deutschland
A division of Informa Deutschland SE
Westhafenplatz 1
D-60327 Frankfurt
Phone: +49 (0) 69 / 244 327-3390
Email: carsten.stammen@informa.com

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