This year's MIPIM trade fair in Cannes drew around 20,000 visitors from 79 countries, up slightly on the 19,402 participants from 83 countries recorded in 2012.
This year's MIPIM trade fair in Cannes drew around 20,000 visitors from 79 countries, up slightly on the 19,402 participants from 83 countries recorded in 2012.
Around 4,300 investors made their way to Cannes (2012: 4,130) despite travel disruption caused by snow across much of northern Europe.
Research released by real estate services firms during MIPIM indicate a better year may be on the way for European real estate than in 2012.
Cushman & Wakefield’s European Real Estate Lending Survey predicted that capital available for European real estate lending in 2013 will be 22% higher than last year and CBRE identified Germany as the number one target for European investors and London as the most attractive European city.
According to DTZ, some €246 bn of new capital will be available for investment in commercial property this year, with some €87 bn earmarked for the EMEA region.
Returning to MIPIM for the fourth time, London mayor Boris Johnson unveiled ambitious plans to create Britain’s largest ‘floating village’ in a 6-hectare site at London’s Royal Victoria Dock.
Johnson was one of several mayors from major international cities who attended MIPIM this year. The mayor of Moscow, Sergey Sobyanin, and mayor of Istanbul, Kadir Topbas, represented two cities that feature prominently on investors’ radars and which are currently making efforts to attract cross-border investment.
DTZ's CEO for EMEA John Forrester said: 'Turkey was a great choice for Country of Honour. What we have seen at MIPIM this week is that investors in particular are looking for new opportunities and to increase their understanding of markets beyond well-established territories in Europe.'
Click on the links below for more research reports released at MIPIM
