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Sense of MIPIM: 'Positive But Realistic'

CANNES, FRANCE—“Nobody's forgetting the challenges,” Filippo Rean, director of the real estate division Reed Midem, MPIM and MAPIC Markets, told reporters Wednesday.

By Paul Bubny | paulbubny | Updated on March 16, 2017

Exterior of conference area, showing attendees With about 23,000 attendees this year, MIPIM’s growth has been steady rather than explosive, Rean told reporters. (Photo: V. Desjardin/Image & Co.)

CANNES, FRANCE—The overall mood among MIPIM exhibitors and attendees this year has been upbeat, albeit with a sense of clarity, Reed Midem’s Filippo Rean told reporters Wednesday. “There’s a very good energy this year, and it’s a good energy because it’s realistic,” said Rean, director of the real estate division Reed Midem, MPIM and MAPIC Markets. “Nobody’s forgetting the challenges.” He summed up the overall tenor of this year’s conference as “positive but realistic.”

Reflecting the changing dynamics that the industry is confronting, the theme for this year’s MIPIM is “A New Deal for Real Estate,” reflected in a great deal of the conference’s content as well as in the approach a number of exhibitors are taking. Rean said this theme stemmed from “an acceleration of geopolitical changes,” including the Brexit referendum in the UK and the election of Donald Trump across the Atlantic.

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