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With the Palais des Festivals bursting at the seams with over 29,000 delegates from 85 countries,17 exhibition halls and over 2500 m2, there is no sense of an economic downturn at the world's leading property show.
The British Polish Chamber of Commerce has once again brought members from the real estate sector to exhibit in Cannes.
"MIPIM is a massive opportunity for Poland and its great to see such a flagship presence. With recession looming in the US and the UK economy slowing down, delegate numbers from those two countries are up by a quarter as they look for investmen opportunity in new markets. That puts Poland in the spotlight," said Martin Oxley BPCC, CEO.
"Poland is a real up-and-coming destination on the global real estate map whether it is new build, urban re-generation, infrastructure or the EURO 2012 finals.
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Warsaw is vying for leadership as the city of choice in Central Europe. Poznan, Szczecin, Krakow and Wroclaw all have superb exhibits characterising real investment opportunity.
"We are positive about the market. The fundamentals are strong. We started the year with a strong pipeline. Downturn in established markets is creating opportunity for Poland" said Kevin Knightly, corporate banking chief at BZ WBK, recently voted leading real estate bank in CEE.
" With the deadline of 2012, a treasure chest of €67.3 billion of EU funds and a tail wind of unsatisfied global investment capital seeking growth opportunities, the dynamics of the Polish market are very robust," added Oxley.
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