This year has become a watershed for the entire European project, as the Old Continent contends with the aftermath of the U.K.’s Brexit vote. But the Czech economy continues to race ahead, outstripping Western Europe and highlighting the wealth of opportunities that Central & Eastern Europe continues to offer investors nimble enough to find them.
CEDEM 2017 will take an in-depth look at how domestic investors and smaller, private groups have amassed an enormous volume of capital that allows them to compete with Europe’s traditional institutional giants. It will also delve into the state of the Czech economy after the end of the Central Bank’s currency peg and ask if the current rate of growth is sustainable. CEDEM 2017 will also explore the ways in which we use and conceive of commercial real estate are being revolutionized. All discussions will feature top market players and analysts currently active in the Czech Republic, the CEE region and the Eurozone.
The Czech industrial sector offers a perfect illustration of how Europe’s economy is changing: manufacturing investments continues to pour eastwards in search of cheap labor while on-line retail is reshaping the way goods are brought from producer to customer. But while labor supply is becoming an increasingly scarce resource on the one hand, digitization and automation are threatening jobs on the other. How will these trends play out over the next five years?
The economic tide has finally shifted. This doesn’t mean the boom in real estate investment is over, but interest rates and inflation appear to be on their way back to normal? Will they overshoot the mark in ways that are dangerous for Europe’s economy?
Prague and Warsaw continue to attract investors will to pay stunning prices, but the momentum for yield shift is slowing. CEE’s other markets have finally begun to catch fire but are still limited by lower liquidity and a lack of product. Who will be buying the new projects coming on line in the coming months and is the market reaching a tipping point?
Domestic investors have made their mark in other CEE countries, but Czech and Slovak funds are a different breed. Not only are they now serious competition for larger international investors in their home markets, but they’re beginning to make their presence felt abroad. Who are these groups and why have they emerged in Prague and Bratislava?
First there was open plan space. Then we started to hear about flexible hot desking regimes within offices, and then home office. But working arrangements continue to multiply as co-working space began to become popular for freelancers and members of the “gig” economy. Now, corporations are looking for ultra-flexible co-working space in addition to their standard offices, in part to get more bang for their rental buck. But it’s also so they can let their employees work with people from the world of start-ups, FinTech and other potential superstars of the future.
What most malls don’t know about the future will hurt them: How the best malls and retail centers are changing their approach to food and services in ways that will leave their competition in the dust.
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