MIPIM 2011 – Mood Swings to Positive

A cautious confidence has permeated many property markets and this was ably demonstrated throughout MIPIM, the international real estate show which was staged in Cannes, France from 8th to 11th of March, 2011.

Clearly, and most would say "fortunately", we are a long way from the euphoria that characterized the property sector in the not-so-distant past, but the major projects showcased throughout the week, the capacity-crowd conferences and, not least, the increasing numbers of MIPIM participants and investors present in Cannes — up 8% to 18,622, and 6% to 4,000 respectively — all seemed to point in a positive direction.

Leading economist professor Nouriel Roubini of New York University's Stern School of Business gave a keynote in which he identified a series of positive trends now at work in the world's economies.  And, although Roubini cautioned that "recovery is still slow and precarious in many places," he stressed that "It is a u-shaped recovery not a v-shaped bounce-back."

This year Danos Group along with alliance partner BNP Paribas Real Estate, host many distinguished guests, clients and investors from global property industry, representing all types for synergies with our company in the SEE and Mediterranean Region. 

Delegation present during MIPIM 2011 includes Country Managers for Serbia, Bulgaria and Albania (Mr. Jovan Jovanovic, Ms. Galina Dimitrova and Mr. Mario Zaka) along with top management representatives – General Manager Mr. Yannis Paraskevopoulos and Management Consultant Mr. Lefteris Bacharopoulos (on picture).