Real estate summit sheds light on change
The sixth real estate summit of Flughafenregion Zürich AG was dedicated to the topic of change. Keynote speaker Sigmar Gabriel described the Swiss development as a success story. For the former German Vice Chancellor, the good relationship with the EU played a major role.
The topic of change was already the focus of this year's Real Estate Summit of Flughafenregion Zürich AG ( FRZ ) in the opening speech by André Ingold. Specifically, the newly elected President of the FRZ presented the around 20 major construction projects planned or under construction in the airport region, explained the FRZ in a communication on the event. Ingold had highlighted the planned Steinacker district in Kloten as an example. An urban area for 6,700 residents and 4,000 employees is to be created here along the Glattalbahn.
The FRZ was able to win the longstanding Federal Minister and former German Vice Chancellor (SPD), Sigmar Gabriel, as the main speaker. The former top politician, who was elected to the Supervisory Board of Deutsche Bank in May, addressed the challenges for Europe such as Brexit, the coronavirus pandemic and the trade war between the USA and China. With regard to Switzerland, Gabriel stated that the development of Switzerland indicated that “the path this country has taken so far has been the right one”. The country has "developed so well precisely because of the close and relaxed relationship with the EU," said Gabriel.
Tobias Straumann outlined his view of developments in the real estate market. "In the next one to two years the probability of a real estate crisis is zero," the economic historian is quoted as saying in the press release. According to him, there is no threat of an interest rate shock or “ruinous cutthroat competition”.
In other presentations, entrepreneurs such as André Wyss, CEO of Implenia AG , Christine Novakovic, CEO of UBS Europe SE , Romeo Deplazes, Division Manager Solutions and member of the management of Energie 360 ° AG , and Rudolf Tschopp, Partner at Asia Green Real Estate , presented the strategies their companies in dealing with the global transformation processes.