25 YEARS OF MIPIM
This is MIPIM’s 25th year. Launched in 1990 in Cannes, MIPIM has become the world’s leading property event and this year expects to attract 7,500 different companies as well as 20,500 participants from 80 countries.
GIC, Singapore’s sovereign wealth fund, has opened a new office in Brazil to focus on Latin American investment opportunities.
Global house prices are mirroring the upturn in the global economy, rising by 8.4% in 2013.
Alternative assets are now a mainstream element of property portfolios and growing, said speakers at a MIPIM debate chaired by BPF chief executive Liz Peace.
Simon Property Group’s chief plans world domination of the retail scene. Kat Spybey reports. Portraits by Dan Callister
CBRE has updated its European commercial real estate debt model to assess how the continental debt overhang is faring. It suggests there is currently €926bn of property debt — not including residential or development land — outstanding in Europe.
The unwavering positive sentiment continues to pervade this year’s MIPIM. Deals are being done, deals are being talked about and it seems we are all having a fantastic MIPIM.
It happens every year at MIPIM. The sun comes out and I pick up a tan, that starts at the neck and goes upwards.
Over the first two days at this year’s MIPIM l have noticed a growing interest from investors in non-core opportunities in the German office market.