Anyone who embarks on a real estate project today needs one thing above all else: courage. In times of energy crisis and Ukraine war, higher construction prices and a pandemic, many obstacles can be put in the way of building owners. But there are also opportunities in every crisis — and these were discussed by all sides at the Heuer Immobilien-Dialog Hannover. Together with the aptum group, we were able to host this exclusive event.
The big meeting of the real estate sector took place on 29/30 November after a two-year break under the motto “Turning time: Good solutions for asset classes and people! “took place in the Heinz von Heiden Arena. Building contractors, housing associations and representatives from urban planning and politics — including Lord Mayor Belit Onay — discussed the future of the real estate market in Hanover. Our notaries Dr. Christoph Wolter, MLE, Richard Prechtel, LL.M. and Dr. Alexander Nefzger were of course not to be missed.
The topics of the Hanover 2023 Real Estate Dialogue
“At the last real estate dialogue in 2019, one of the items on the agenda was: What's next for the Kronsberg Süd area? “explained Dr. Wolter as part of his welcome to the participants. “Traffic development has now been implemented, but the “Kronsrode” area is now asking us new questions. We are unable to influence many challenges — such as increased construction prices. But we can find creative solutions to deal with them. I am particularly looking forward to today's topic of inner city transformation — because there we can still make a difference and influence a lot and thus also provide positive impulses for our local economy. ”
Dominik Talhof, Managing Director of the aptum group, explained the impact of the multiple crises on the audience: “We operate exclusively in the commercial real estate segment and this is going brilliantly — it is only very rare that rental contracts are not concluded due to energy costs, etc. However, there are certainly losses in the investment sector. Transactions over 50 million euros are currently no longer taking place. Business plans from 10 or 15 years ago no longer work today. Agility, opportunity intelligence and sustainability are now the topics we need to address. ”
ESG: Nice-to-have or absolute necessity?
In the morning, the participants had a lively discussion about Hanoverian housing: Does the city have to build more cheaply? Should living space be distributed differently? And how can the city best deal with questions about energy, investors and ESG? Hanover's Lord Mayor Belit Onay then explained in an interview what plans there are for the Hanoverian transport turnaround and where the city would like to set priorities.
In the afternoon, the panel focused primarily on the city center: When presenting the results of the Germany study, participants learned what else will attract people to the centers in the future. It was then discussed how real estate companies and urban planning can make the city center lively and attractive despite declining consumption.
“For me as a representative of”old“Generation, it is interesting how young players naturally regard the fight against climate change as an absolute necessity, while we are still looking at ESG quietly and secretly through economic lenses,” says ActiveLaw notary Richard Prechtel, summarizing his impressions of the real estate dialogue.
