MIPIM Update: Market mood upbeat for 2018

MIPIM Update: Market mood upbeat for 2018

Published at: 2018-03-14 07:20 | Author: CIJEurope.com
The mood at MIPIM 2018 is remarkably positive, and it has almost nothing to do with the typically sunny weather. If anything, it feels extremely similar to the 2017 edition, though most people we've spoken to believe that real estate investment will fall slightly this year in terms of volume and that it will take more work to get there. Where economists see warning signs in rising labor costs, retail developers and investors see higher consumer spending, which industrial investors interpret as continuing demand for new warehouses. The weather for tomorrow looks doubtful with rain predicted, but the hundreds of CEE MIPIM attendees will be taking full advantage of their lunch invites along the beach. Expect the same behavior from investors in 2018 who plan to be as active as possible without worrying about predictions of a slowdown in 2019. Anyone who was walking along the Croisette back in 2007 and 2008 will agree that the credit-fueled excesses of that era looked very different. Today, optimism from investors and banks always seems to come with doses of caution.

Similar Stories:

Global investors looking beyond Berlin for alternative investments
In 2018, Europe secured $81 billion in foreign capital investment from investors outside t  »
Aroundtown acquires 11.8% stake in Globalworth
Aroundtown SA has acquired an 11.8-percent stake in Globalworth. The price of the deal was  »
DIC Asset offloads 6% share in TLG for €32.9m
In a deal worth €32.9m, DIC Asset, whose CEO is Sonja Wärntges, sold 6 percent of its T  »
Asian property investors hunting for Czech real estate
East Asian investors spent €50m on real estate in the Czech Republic last year, accordin  »
And it’s not just shift workers to man the machines and assembly lines and to stack good   »
Czech Republic  ♦  It‘s Prague 4 vs. The World
Prague 4 appears to have done away with formalities and diplomatic language and made it cl   »
This reflected economic and political reality, as the country is being pulled in differing   »
In Brno, Messe Düsseldorf, the German majority shareholder in Veletrhy Brno, has even hal   »