MIPIM 2023 Digital Edition
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Investing in Austria<br />
1<br />
<strong>2023</strong> will definitely be a challenging year for the real estate industry; personally, I am<br />
optimistic! Interest rate developments and inflationary events have put the brakes<br />
on market activity - and further interest rate steps are expected. Adjustments to this<br />
situation will still take some time and therefore the question of favorite asset classes<br />
cannot be answered with any certainty at the moment.<br />
Astrid Grantner-Fuchs,<br />
EHL Immobilien Bewertung<br />
4<br />
2<br />
The changed interest rate environment<br />
with all the associated developments<br />
is undoubtedly the key challenge - in<br />
addition to real estate investments, other<br />
investments have also become more<br />
attractive again, and the capital market is<br />
reorienting itself accordingly.<br />
Rising interest rates, the development of inflation<br />
with increasing prices in all possible areas of life<br />
and a continuing tense geopolitical situation will<br />
continue to occupy us and harbor imponderables<br />
and uncertainty - and this affects those actively<br />
involved in the industry as well as the consumers<br />
or final users.<br />
3<br />
A mindset that is forward-oriented and<br />
less nostalgic about the past - hoping that<br />
“things will go back to the way they were” is<br />
definitely too simplistic.<br />
5<br />
As the Austrian market leader in real<br />
estate valuation, we want to continue to<br />
be a reliable partner for our customers,<br />
especially in such challenging times.<br />
We will maintain our solid growth<br />
course of the past years and see<br />
ongoing training and qualification of<br />
our team as an essential requirement.<br />
In addition, our proximity to the<br />
market helps us even more now to<br />
provide well-founded valuations.<br />
72 ImmoFokus