This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Investors See MIPIM 2013 As Recovery Launchpad

PARIS, Feb. 1, 2013 /PRNewswire/ -- A record 60 pension and sovereign wealth funds and over 4,300 international investors are set to attend MIPIM 2013, amid predictions that real estate will experience a recovery later this year. Organised by Reed MIDEM, MIPIM will take place in Cannes, France, March 12-15.

According to Dr. Thomas Beyerle, Managing Director & Head of CS & Research, IVG Immobilien AG: "The main message for 2013 is simple: the Euro will survive - the end of the crisis is to be expected this year for most of the real estate markets. Financial market confidence has improved significantly - later in 2013 a gradual recovery should start."

MIPIM Director Filippo Rean says that this year's event is focussed on providing industry information, contacts and deal-making opportunities in order to prepare real estate executives for the short and mid-term future. "The main objective of MIPIM 2013, in view of the global economic situation, is to give all participants the best contacts and viewpoints from international experts so they can anticipate future developments," Rean noted.

Major international investors such as La Caisse des Depots, PGGM, Union Investment Real Estate, Aviva Investors, and Allianz Real Estate will access the 20,000m 2 of exhibition floor space hosting investment-seeking real estate projects from 80 countries. In addition, the MIPIM conference programme of over 70 sessions, offers a wide range of discussions on investment opportunities around the world including case studies covering China, Africa, Japan, Turkey, Brazil and Russia.

Among this year's hot conference topics is the question of how the liquidity crisis is carving out a new landscape for real estate financing. As Pierre Vaquier, CEO of AXA Real Estate, says: "Appetite for core and core-plus assets continues to be extremely strong with a focus on greater joint ventures and club deals. However, I think in 2013 we will start to see more realism in the pricing of non-prime assets, leading to increased liquidity as investors start feeling more comfortable with the associated risks."

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,677.90 +216.58 1.32%
S&P 500 1,950.82 +23.71 1.23%
NASDAQ 4,452.7920 +69.9450 1.60%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs