After the successful New Year's receptions of the real estate and Pfandbrief bank DZ Hyp in Hamburg, Munich, Dusseldorf, and Stuttgart, the final reception occurred this week in Frankfurt. A short journey for me. The venue was the Gesellschaftshaus Palmengarten. An architecturally impressive building from the era of historicism, its magnificent design provided the perfect setting for this traditional industry gathering.
Prof. Dr. Verena Rock opened DZ Hyp's last New Year's reception in Frankfurt as President of the Society of Property Researchers in Germany (gif). On behalf of all real estate industry associations, she emphasized the importance of closer cooperation to jointly exploit the industry's potential.
In her welcoming address, Sabine Barthauer, chairwoman of the Board of DZ Hyp, reported on a very dynamic fourth quarter of 2024, which is why her outlook for 2025 is cautiously optimistic. The interest rate cuts are stimulating the market, and the price level for real estate is attractive. Overall, DZ Hyp achieved a decent result in 2024.
Prof. Dr. Sebastian Heilmann from the University of Trier was the keynote speaker. In his speech, the distinguished China and geopolitics researcher outlined the geopolitical challenges currently facing Europe. He made it clear that Europe must develop strategic independence in order to remain economically and politically viable in the long term.
For me, DZ Hyp's New Year's receptions are always a successful start to the new year. The real estate industry thrives on exchange. My sincere thanks for the excellent organization of this traditional series of events. I am already looking forward to next year!
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