MIPIM, France: an insider`s view of the conference Article

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Wednesday, March 16, 2016 8:06 AM ET
MIPIM, France: an insider's view of the conference
By Cam Nones and Sophia Furber
Real estate professionals from around the globe have congregated in Cannes, France, this week for MIPIM, one of the European property world's most highprofile events. Around 20,000 delegates from 90 different countries are attending. Major themes include housing, the impact of the tech industry and the rise
of flexible working.
The Grand Paris project was one of the largest exhibits at MIPIM this year, with a tent on the seafront showcasing the plan's urban regeneration, transport
and real estate development projects.
Source: S&P Global Market Intelligence | Page 1 of 5
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Emmanuel Macron, French minister for economy, industry and digital affairs, visits the Grand Paris stand. Grand Paris is a major urban regeneration project
which aims to help Paris compete as a global city. The scheme will involve an investment of some €26 billion, much of which will be poured into connecting
the city's outlying suburbs to the city center.
Delegates take time out from networking and deal-making to enjoy the spring sunshine on Promenade de la Croissette.
Source: S&P Global Market Intelligence | Page 2 of 5
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If there is one thing that is synonymous with MIPIM, it's yachts. The conference is generally accepted to be a more restrained affair than it was in infamous
years before the market crash of 2008-2009, when private helicopters were a common sight and the vintage champagne flowed. But investors still love to
wow clients (and journalists) with a meeting on board a boat.
Turkey went all out at MIPIM again this year with a 300-square-meter pavilion and a large delegation including architects, urban planners, property
developers and, strangely, representatives from the Turkish Ceramics Board.
Source: S&P Global Market Intelligence | Page 3 of 5
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The real estate industry is known for its upbeat nature. What could possibly go wrong?
Sunny weather and an upbeat mood on the seafront near the Palais des Festivals in Cannes
Source: S&P Global Market Intelligence | Page 4 of 5
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The day doesn't end when the sun goes down at MIPIM, as delegates head out to the beach parties and bars of Cannes to let their hair down.
Photos taken by Sophia Furber.
Source: S&P Global Market Intelligence | Page 5 of 5