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MIPIM 2022 (21 MB)

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Positions & Opinions<br />

1<br />

The easing of the pandemic and the return to (new) normality will lead to a greater sense of<br />

optimism and positive change in society. We are currently experiencing a massive reshaping<br />

of working environments and consumer behavior. These trends result in high demand for<br />

modern, technically perfectly equipped office space and new logistics space in close proximity<br />

to urban centers.<br />

2<br />

I am convinced that ESG and COVID-19 will have an impact on real estate<br />

valuation. In what form and to what extent this will be implemented remains<br />

to be seen.<br />

4<br />

3<br />

Numerous economic factors in recent months indicate an end<br />

to the long period of low interest rates. I therefore consider an<br />

increase in interest rates to be very likely. A sustained factoring<br />

of environmental risks is due on the one hand to climate change<br />

and its adverse effects, and on the other hand, to future political<br />

conditions.<br />

The Covid-19 pandemic has already led to adjustments in leases.<br />

Whether this justifies higher risk premiums remains to be<br />

negotiated by market participants.<br />

I see the implementation of ESG, a rapid digital transformation of the real<br />

estate industry and the creation of more affordable housing as key challenges.<br />

Satisfactory approaches to solutions will only be achieved by involving all<br />

stakeholders.<br />

5<br />

Wolfgang Scheibenpflug,<br />

Flughafen Wien<br />

We are consistently continuing the<br />

development of Vienna AirportCity<br />

this year. One particular focus is<br />

on expanding the range of services<br />

for our tenants. For example, we<br />

are going into full operation with<br />

our Conference - CoWorkingcenter<br />

in Office Park 4. As part of our<br />

e-mobility strategy, we are also<br />

building a large fast-charging<br />

station that will be available to all<br />

tenants and passengers.<br />

86 ImmoFokus

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