- Expo Real Trend Index reveals key concerns and hopes for international property market recovery
The international real estate industry is showing signs of cautious optimism, according to the latest Expo Real Trend Index released ahead of the trade fair taking place in Munich from 6–8 October. The survey, based on responses from 579 exhibitors and visitors, found that 44% of participants describe the market outlook as “optimistic”, while 35% remain neutral and 22% cautious. Key concerns include interest rate policy and political uncertainty, both considered “very important” or “important” by 94% of respondents.
Stefan Rummel, Managing Director of Messe München, said: “The current trend index shows that the downturn has bottomed out, and confidence is slowly returning. While a weakening economy, interest rate environment, politics, and bureaucracy remain key challenges, the overall balanced sentiment signals a real estate market that is gradually returning to normality.”
Calls for reduced bureaucracy topped the list of measures industry professionals believe would improve the situation, cited by 79% of respondents. Capital availability (64%) and harmonising legal frameworks (47%) were also highlighted.
Housing remains the most important asset class, with 75% naming it a top priority. Nursing homes and data centres follow closely, while traditional segments such as hospitality, office, and retail remain less attractive.
When asked about tackling the housing shortage, 95% of respondents pointed to improved financing conditions, and 94% to reduced construction costs, as the most effective solutions. Only 13% gave a positive rating to the German federal government's housing boost package.
The survey, conducted by IfaD in September 2025, offers a timely snapshot of the sector’s mindset as it prepares to gather in Munich.