Photo of Andrew Sim Andrew Sim is head of European investment with Knight Frank.

LONDON—We are approaching the time when the global property market descends on Cannes in the south of France for MIPIM, the real estate jamboree for 20,000-plus owners, developers, funders, bankers and advisers which sets the tone in Europe for the rest of the year.

MIPIM is also a time when US investors arrive in Europe in force, using the conference, exhibition and networking to gauge the temperature of our continent. So what will the mood be like on the Riviera on March 13?

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