The real estate market is one of the most profitable areas for investment. It is actively developing, expanding its offer to be as useful and profitable as possible. Recently an international exhibition has been held where novelties and current trends in the real estate market were presented.
What are the current trends on the real estate market
MIPIM is held every year in Cannes. It is the most important exhibition on real estate issues, which brings together well-known experts and major investors. During 3 days professionals get acquainted with a huge number of objects and then determine the best ones.
Besides, the exhibition gives an opportunity to the specialists of this sphere to make useful acquaintances, to study competitors or exchange opinions and share problems with colleagues.
This year the experts highlighted the trends that give the direction for further development of the real estate market. According to forecasts, next year we should not expect the growth of the number of deals, it will remain at the level with the current year. This situation is conditioned by the high cost per square meter in the world market, which increases the time of return on investment. For example, to return the money from the purchase of a commercial facility in Germany will take 30 years, in Ukraine the term is 10 years. That is why investors switch their attention to Eastern European countries. They buy real estate in Poland and Romania, and analyze the Ukrainian supply market.
The technology of “smart home” is a trend in the real estate market. They are widely used by developers to optimize energy costs, as well as to reduce the impact on the environment.
When constructing modern commercial and residential facilities, an important attention is paid to the environmental component. More and more natural materials are used, trees are planted on the adjoining territory, and the premises are landscaped.
Modern digital technologies are relevant for many areas, and the real estate market is no exception. Innovative programs help to automate processes in the design of buildings, they increase the security of data preservation in communication with customers. These issues are especially important when using the system of “smart home”. To manage its processes, the owner provides fingerprints, synchronization with smartphone and e-mail. Breaking into the system and stealing information can cause huge damage. Therefore, new protection programs are being developed to avoid data leakage.
In addition to trends in the real estate market, professionals have shared their problems.
Owners of large hotel chains are concerned about the processes in their segment. They have received information that Amazon may become a new player in the tourism business. The probable plan is to purchase a hotel chain. Its services are used by about 300 million people, their data are stored in the databases of the Internet giant. With such opportunities, Amazon can offer an ideal hotel or place to relax to its users.