On May 1st, 2018 Dallas-based International Capital LLC hosted over 40 representatives of the German and American business community in Dallas / Fort Worth, as well as representatives of local communities at an event focused on highlighting the close economic and cultural ties between Germany, Texas and the Dallas / Fort Worth Metroplex (DFW).
The event was held in cooperation with the German American Chamber of Commerce (South), Dallas Regional Chamber and the City of Princeton, TX.
A panel discussion provided insight into why German companies relocate to Dallas / Fort Worth. Germany ranks #2 in FDI in Texas (2016) and its companies employ over 43,000 in the Lone Star State. According to senior management members of KBA North America and Lehigh Hanson, German companies are attracted to Dallas / Fort Worth by excellent global connectivity through DFW International Airport (4th largest airport in the US), a highly welcoming business and regulatory environment, affordable cost of living and low taxation. Also, on a personal note, all participants felt very welcome and integrated in their new communities.
The panel also tackled current and future challenges such as the need for educational programs to improve the supply of a qualified labor force and increasing costs of living and labor costs in the Metroplex, although still at a comparatively very low and competitive level.
All in all, the panelists were in agreement that Dallas / Fort Worth is a very attractive location for global companies and both the local authorities and communities are engaged in providing the best possible framework. This was underlined by the representatives of Dallas Regional Chamber and the City of Princeton.
International Capital, LLC is a boutique real estate advisory firm with over 40 years of experience offering a wide range of commercial real estate services to corporate clients, the public sector, family offices, individuals and institutional investors. Services include corporate real estate, acquisition, disposition & due diligence, land investment/development, asset & property management, leasing & tenant representation and corporate finance.
International Capital, LLC is a boutique real estate advisory firm with over 35 years experience representing more than 100 legal entities in its capacity as asset manager and as property manager. The company handles a portfolio of more than 20 properties in the southwestern United States. Offering a wide range of commercial real estate services, specialties include the acquisition, disposition, management and administration of commercial investment properties. Land and property development, funds conception, mezzanine financing and cash management are also integral parts of the company’s portfolio.