For the first time in his tenure as Mayor of London, Sadiq Khan will attend MIPIM, Europe’s largest real estate conference.
The Marché International des Professionnels de l’Immobilier, most widely known as MIPIM, is an annual global real estate sector event held at the Palais des Festivals in Cannes. It is one of the most significant events of its kind, serving as a key platform for professionals in the real estate, architecture and urban planning industries to network, explore new and potential projects, and collaborate on innovations that could shape the cities and urban landscapes of tomorrow.
This year’s edition will soon get underway – the four-day event starts on 11th March and continues until 14th March – bringing together thousands of international developers, investors and policymakers to discuss the future of the property market.
For the first time in his nearly nine-year tenure as London’s Mayor, Sadiq Khan has confirmed that he will attend the event, marking a significant shift in his approach to global investment and urban development. His decision to participate aligns with the Labour government’s focus on economic growth and reflects London’s ongoing efforts to attract global investment.
His predecessors, Ken Livingstone and Boris Johnson, were frequent participants at MIPIM and regularly attended with the goal of promoting the UK capital, but Khan had previously opted out. With London facing a severe shortage of affordable housing, his presence at MIPIM signals an intent to engage directly with those who could play a role in addressing the crisis.
As part of his visit, Khan will take part in the London at MIPIM initiative, which will position the city as a global leader in real estate, innovation and investment. The London Stand, centrally located on La Croisette, will also serve as a hub for key stakeholders, including developers, architects and decision-makers, to forge partnerships and explore opportunities. Meanwhile, the London Club, an exclusive networking space, will further facilitate connections with industry leaders, reinforcing the city’s role as a major player in global real estate.
Khan won’t be the only high-profile mayor at the event, with Haris Doukas of Athens, José Luis Martínez-Almeida of Madrid and Roberto Gualtieri of Rome all set to participate and represent their cities and regions on the global stage, according to MIPIM organisers.
Their participation underscores the significance of MIPIM as a platform for cities to showcase their investment potential and collaborate on solutions to urban challenges.
MIPIM is expected to draw more than 20,000 delegates from 90 nations, who collectively manage upward of €4 trillion in assets. Over 300 stands will give attendees plenty to explore, with global real estate agencies such as Knight Frank, Cushman & Wakefield and Savills, as well as investment firms and geo-focused representatives from individual cities worldwide, featuring on the plans.
For more information on the upcoming edition of MIPIM, click here.
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Photo source: Sadiq Khan, Facebook