Bernexpo: Is BeMotion now coming?

The Bernexpo Group and HRS Real Estate have signed a memorandum of understanding regarding the further development of the Bernexpo site. This appears to have paved the way for the construction of the new BeMotion event and festival hall.

Jennifer Somm, CEO Bernexpo

 

BeMotion comes from BernMotion and Bernexpo Groupe has been on the move for several years. It has decided to work with the owner-managed Swiss project developer and total contractor HRS Real Estate in a joint working process to undertake an expanded utilization concept for the entire Messepark site and to establish a suitable carrier model for Messepark Bern.

Is a new event hall now coming to the Berne exhibition grounds? BeMotion is to replace the outdated Festhalle with a state-of-the-art event center that will strengthen Bernexpo Groupe's position in the national event business. In recent years, the exhibition center has already been renovated with two building complexes covering 41,000 square meters of exhibition space.

Bernexpo CEO Jennifer Somm: "Thanks to this groundbreaking step, Bernexpo Groupe can focus on the further development of its core business in order to continue to successfully shape the exhibition and event industry in the future."

With HRS Real Estate, Bernexpo is bringing an experienced real estate company on board. Unlike an event organizer, this ensures that there is no conflict of interest, i.e. an undesirable competitive situation in Berne. 

"The alliance ensures that a generational project can be implemented on the Bernexpo site with the new event hall, which will significantly strengthen Berne as an event location," explains Franziskavon Weissenfluh, Chairman of the Board of Bernexpo Groupe.

Bernexpo Groupe generated around CHF 58 million in the 2017 financial year and is traded on the OTC-X platform for second-line stocks of Berner Kantonalbank, ZKB and Lienhardt & Partner. The next Annual General Meeting will be held on May 27, 2019.

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