(from left to right: René Reif, Robert C. Waidhaas, Guido Gerstner)
At the 5th Real Estate Finance Day in Frankfurt, in November 2018, more than 200 representatives of the real estate and finance industry discussed topics such as how the competitive market environment will affect project financing, whether crowdfunding can be a financing alternative in the future and how the relationship between the bank and the developer is changing. Robert C. Waidhaas was invited as an expert by the event organisers Frankfurt School Verlag and Targa Communications. Moderated by René Reif, CEO of René Reif Consulting GmbH, and in dialogue with Guido Gerstner as the representative of the banking side, he gave an entertaining account of the challenges that sometimes occur in the planning and structuring of project finance and how these can be mastered. His credo: with competence, accurately prepared documentation and the necessary drive, many things are possible – and, above all, within a reasonable time. In his view this is urgently necessary, because interesting investment properties are highly sought-after and therefore call for swift action, says the managing director of Heureka Real Estate GmbH.