MIPIM is the largest property EXPO in Europe with some 23,000 delegates attending. Held in sunny Cannes in the south of France, the event is a fantastic opportunity for networking that is not available in the winter here in the UK.
MIPIM 2016 was this year attended by Chris Currell (Group Chairman), Simon Davidson (Commercial CEO), Adrian Plant (Director Head of New Homes) and Iain Currie (Head of Land).
This year it was widely expected that there would be a note of caution in the discussions, with Brexit looming, the European migration crisis and an economic slowdown in many areas of the globe.
However, we found the tempo much more upbeat on a number of levels. Most significant was the strong message on how the public and private sectors can work more closely, with the joint aim of alleviating the housing shortage.
There appears to be unlimited amounts of equity and debt finance looking to back residential development aimed at the domestic market but there are insufficient opportunities to utilise all the funds available.
Local authorities are widely seen as the key stakeholders in bringing forward new sites on both small and large scales, on which the private sector can partner to provide much needed new housing across all tenure types.
Nowhere is this more apparent than in east London. The boroughs that everyone seemed to want to discuss were Barking & Dagenham, Haringey and Waltham Forest. All offer the scale, underlying price points and most importantly, desire from the councils to bring forward new place-making opportunities on a level not seen for many years.
We continue to work closely with a number of local authorities, housing associations and the private sector, forging partnerships and providing agency and professional services from our niche teams.
To get in touch with a member of our team click here
MIPIM 2016 – What did we learn?