The sun was bright on day two at MIPIM (Le marché international des professionnels de l’immobilier), the annual international real estate conference held in the south of France, and that meant that brokers headed to the various sponsored yacht parties—as well as exhibition booths, tents, panels and area restaurants—to network and learn about international development.
Here is a snapshot of what went down today at the conference, from Commercial Observer’s Twitter feed:
From CO’s “U.S. Developers’ Outlook” panel:
On #coworking, Fisher Brothers' Ken Fisher says on U.S. Developers' Outlook panel, "coworking is here to stay" and it has changed the way "landlords look at space."
David Steinbach, managing director and CIO at @Hines, says, "we're in the opening act."#MIPIM #MIPIM2019— Commercial Observer (@commobserver) March 13, 2019
And at CO’s “U.S. Lenders’ Outlook” panel:
.@blackstone has not shied away from investing in hospitality. Also it is investing in office and multifamily and its "biggest theme globally," and in the U.S., is logistics. So says Michael Lascher of Blackstone (BX), on "U.S. Lenders' Outlook" panel at #MIPIM. #MIPIM2019
— Commercial Observer (@commobserver) March 13, 2019
Work transpired in all areas of the Palais des Festivals et des Congrès de Cannes, home to the annual convention, including in a gondola from Dutch Wheels, a Netherlands-based builder of stand-alone giant wheels.
Working while riding?#gondola @Dutchwheels #MIPIM2019 #MIPIM pic.twitter.com/3lObrGDR2R
— Commercial Observer (@commobserver) March 13, 2019
People milled about and held meetings in city- and country-sponsored tents to learn about local development:
City of London in mini. #MIPIM2019 #MIPIM pic.twitter.com/H5ijvn41xm
— Commercial Observer (@commobserver) March 13, 2019
Of course there was discourse about cross-border investment:
.@Savills' Emma Steele, an associate of cross border investment, says that she is seeing more interest from Koreans in direct equity deals in the U.S. #MIPIM #MIPIM2019
— Commercial Observer (@commobserver) March 13, 2019
MIPIM 2019’s theme is “Engaging the Future.” The conference includes sessions on innovation trends:
@spaceticom, co-founded by Aakash Ravi (speaking), which uses sensors to monitor work environments to create more efficiencies, won the #MIPIM2019 startup competition. @MIPIM @MIPIMPropTech pic.twitter.com/OeZ0xYm8wj
— Commercial Observer (@commobserver) March 13, 2019
Conversation and booze flowed freely on the stationary yachts lining the marina behind the convention center:
Lennar the name comes from Leonard Miller + Arnold Rosen, who co-founded @Lennar in 1954 with a $10,000 investment. Today, $LEN is a $20-plus billion home builder. So says, @lichrismarlin, the president of @LennarIntl, at their boat party with @MetaPropNYC at #MIPIM. #MIPIM2019
— Commercial Observer (@commobserver) March 13, 2019