Organisers of one of the world’s biggest real estate shows have given a sneak preview of some of the project displays which will be tempting visitors.
MIPIM 2009 will bring together property investment professionals from around the world at Cannes, France, from March 10 to 13 at the city’s Palais des Festivals.
The 19th edition of the annual real estate show is expected to attract about 30,000 professionals from 89 countries to network and discuss new schemes.
Highlights are set to include an exhibition dedicated to the mixed use Shanghai Tower, China, already under construction and set to rise to 632 metres.
Robert Falzon, chief executive of Pramerican Real Estate Investors, Europe, said ahead of the event: “For the medium to long-term, real estate remains an important asset class for investors.
“Even today, the declining value of property in certain sectors and in certain territories means there will be interesting investment opportunities for those with the foresight and courage to seize them.”
Other property investment schemes on display will include ambitious city plans from a range of countries including the Czech Republic.
Prague, the Czech capital, is working on a new city real estate plan, aimed at attracting international property investment and featuring an overhaul of its approach to commercial and residential property.
Event organisers say last year’s MIPIM event attracted 2,687 exhibitors and 6,800 property investment professionals, among other visitors.
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