Numerous participants had previously declared that they would not be taking part. Their reasoning was that Munich has been declared a risk area today and the situation in Germany and other European countries has worsened dramatically in recent days and hours.

The cancellation affects both the physical and the digital part of the event. As both formats are interwoven and mutually dependent at the Hybrid Summit, a purely digital event would not have made sense under these circumstances.

In consultation with the Advisory Board, Messe München decided in June to organize EXPO REAL under the title "EXPO REAL Hybrid Summit - Hybrid Conference for Real Estate and Investment" as a physical and virtual meeting place for the real estate industry. By developing a comprehensive protection and hygiene concept, Messe München had done everything possible to ensure that this hybrid conference and accompanying exhibition could take place with official approval. However, the current developments both in Munich and throughout Germany make it absolutely necessary to cancel the EXPO REAL Hybrid Summit just two days before its scheduled start.

At midday today, the Robert Koch Institute (RKI) classified Munich and other cities and districts in Germany as risk areas. The incidence of infection has also increased dramatically in other European countries. As a result, numerous speakers and participants declared that they would not be traveling to Munich. It can also be assumed that other participants and speakers will decide against attending the summit at short notice.

Klaus Dittrich, CEO of Messe München, regrets the cancellation at short notice, but sees no other choice: "The decision is of course tough, but we are protecting our customers. After today's developments, the EXPO REAL Hybrid Summit would not have been a meeting place for the real estate industry and would therefore not have met our own requirements. Moreover, holding the event under these current conditions would have disappointed customers' expectations."

Messe München will promptly reimburse the participants for the fees they have paid for participation in the exhibition and for tickets.