News from the BioCity Campus

Leipzig is wooing international investors at MIPIM 2023 – rising to the top 7 largest German cities

Setting an example in times of uncertainty: The Leipzig region will once again be presenting itself at the world's leading real estate trade fair MIPIM in Cannes from March 14th to 17th, 2023. Together with Invest Region Leipzig GmbH (IRL) and other partners, it advertises to an international audience for investors and project developers and at the same time shows its profile as an innovative, vital business and living location with great workforce and demand potential. This year's Leipzig partners are the KAPPIS Group, the ARCADIA Investment Group, the KSW Group and AOC | The city developer GmbH.

Clemens Schülke, mayor and councilor for economics, labor and digital affairs for the city of Leipzig: “The Leipzig region has developed into one of the most important economic locations in Germany over the last ten years. Convenient commercial space, a high quality of life and unprecedented population growth have already convinced many specialists and investors to choose Leipzig as a location. We want to continue this success story and make it known internationally, and the industry meeting in Cannes is a good opportunity for this.”

Michael Körner, Managing Director of the IRL: “With its broad-based economic and scientific structure, Leipzig has mastered the crises of the past few months well. And there is much to be said for continued growth in the future, from which the surrounding area will also benefit. We are taking this positive perspective into account with numerous development areas that can be optimally showcased at MIPIM.”

The market data for 2022 illustrates Leipzig's strong growth development: The commercial investment volume on the local real estate market was 895 million euros last year, a whopping 22 percent above the previous year's result, according to an analysis by BNP Paribas Real Estate. The population is also on the rise. With currently around 625.000 inhabitants, the Saxony metropolis is now in seventh place among the largest German cities. In the last 18 years it has gained a good 28 percent more residents. Leipzig attracts young people like no other location; according to the Statistical Yearbook 2022, there were more than 17.100 women and men between the ages of 18 and 30.

This year's MIPIM, with the theme "Better Places - Greater Impact - Stronger Business", focuses on ESG, innovation and technology solutions that can accelerate the transformation of the commercial real estate market towards a more sustainable model. The Leipzig region also focuses on this in the official conference program. At the German Cities & Regions Pavilion (Stand R8.D24), where she will be appearing together with the city and region of Hanover as well as the Rhine-Neckar metropolitan region, she will present approaches to the topics of “Resilient inner cities” and “New “Use of brownfield and industrial land”.

The trade fair appearance also provides insights into major projects planned and under development in the region. The future TechPark Leipzig in the northeast of the city, for example, offers 180.000 square meters of usable space enormous potential for institutes and technology companies from the energy, environmental or chemical sectors. Additional office space, laboratories, workshops and conference rooms will be built in the BioCity Campus near the city center by 2025; c-LEcta will move into its headquarters here. In addition, the city, together with Leipzig/Halle Airport, is planning the largest contiguous industrial area in Saxony called “Radefelder Allee West”, which will also be presented at MIPIM.

On the side of local companies, the KAPPIS Group is there as a partner of the IRL for the second time. In Cannes it is presenting its planned generation parks in Großpösna and Bad Lausick, each of which combines diverse residential development with areas for business, care and daycare on several hectares. The ARCADIA Investment Group provides information about, among other things, the “Alte Ziegelei” business park in Liebertwolkwitz and the inner-city Plautstrasse commercial area. In addition, the KSW Group, founded in Leipzig in 2003, and the project development company AOC | Stadtentwicklung GmbH, for which Leipzig is the largest location, will be there as a partner in the region and will be showing various construction projects from their portfolio.

Leipzig's performance is also recognized by fDi Intelligence, a specialist magazine published by the British Financial Times, which compares the most promising investment locations and their strategies across Europe. Leipzig takes fourth place in the category “fDi's Small European Regions of the Future 2023”. In addition to economic strength, factors such as lifestyle and cost efficiency were also taken into account in the evaluation. For companies planning a new branch, the fDi ranking is an important source of information when researching locations.

About the MIPIM real estate fair

The MIPIM (Marché International des Professionnels de l'immobilier) is considered a global marketplace for international investors and, alongside EXPO REAL, is one of the leading trade fairs in the real estate industry. Last year, around 20.000 participants from more than 80 countries attended the industry meeting. This is accompanied by panel discussions, award ceremonies and various networking events. The Leipzig region was last represented at MIPIM in 2018 and 2019 as well as in 2022.

Source: Article on from March 08.03.2023th, XNUMX

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