CCIM Enhances Global Presence at MIPIM
CCIM Institute showcases area markets at an international property forum in Cannes, France.
Celebrating its 50th anniversary, CCIM Institute further enhanced its international presence by cultivating new partners from multiple countries at MIPIM, an international property market forum, March 14 -17, in Cannes, France. The strong CCIM presence reinvigorates business opportunities for CCIM members beyond U.S. borders.
“Both established and emerging foreign markets are realizing that CCIM has become the global language for commercial real estate,” says 2017 CCIM Institute President Robin L. Webb, CCIM. “There is a strong European market for enhanced commercial real estate education to supplement what is currently being delivered by the Royal Institution of Chartered Surveyors.”
By attending MIPIM, CCIM Institute gained access to 24,000 participants from 100 countries, including 4,000 investors. The international roster of attendees includes those actively involved in property investment and leasing; project funding, planning, and execution; portfolio management; and urban planning.
“People do business with people they know, like, and trust,” says 2017 CCIM Institute President-Elect David P. Wilson, CCIM. “Participating in MIPIM allows CCIM Institute and its members to cultivate business opportunities and relationships on a global stage.”
Despite fears of interest rate hikes and global economic uncertainty, the U.S. commercial real estate market has become a haven for offshore investors, who are pumping record amounts of capital into U.S. assets. Canadians have historically been the most active foreign players in the market, but Asian and German investors are starting to surpass them.
MIPIM is the world's leading property market, gathering influential participants from all international property sectors including investors, developers, occupiers, architects, hotel groups, public authorities, city mayors, and property associations, while providing access to thousands of development projects and sources of capital worldwide.