MIPIM 2016 Round-Up, Part I: “Housing the World”
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MIPIM 2016, Cannes, France
New York—The 27th annual MIPIM, which convened in Cannes, France, for four days last week, reportedly brought together the largest-ever gathering of international investors (more than 4,800), along with developers, end-users, architects, hotel groups, public authorities and other CRE players. The total attendance of 23,5000, from about 90 nations, was 10 percent higher than last year.
One trend, according to the organizers, was that many cities joined marketing forces at MIPIM (Le Marché International des Professionnels de l’Immobilier) to attract investors. For the first time at MIPIM, all of the Ile-de-France exhibitors in the Paris Region pavilion were focused around a single project, rather than individual, largely unrelated schemes. That project is the Grand Paris Express, a massive, four-line expansion of the city’s Metro system that will open in phases between 2020 and 2030…
