Mipim to move towards emerging markets
Programmed for March 16-19 in Cannes, the Mipim real estate trade fair together with Mipim Horizons, dedicated to fast-growing regions, will highlight such markets as Latin America, Turkey and Africa. According to a recent report by Ernst & Young, emerging countries are taking advantage of the crisis by delivering sustained growth that is attracting both domestic and international investors.
Property professionals have noted this trend, as confirmed by Nadine Castagna, Director of Mipim featuring Mipim Horizons: "The first Mipim Horizons in 2008 clearly demonstrated the growing interest from international property companies in these high potential regions. By incorporating Mipim Horizons into Mipim for the first time this year, we offer an opportunity for all our participants to meet key new players from these areas who come to showcase their dynamic property products to the rest of the world."
The 2010 conference sessions will be specially designed to probe deeper into the particulars of these markets, often perceived as hard to penetrate by professionals, and highlight potential investment opportunities.
Other major topics to be discussed in the conference programme include social housing, which is increasingly under scrutiny by governments of these countries.
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