CCIM Institute Broadens Global Footprint at MIPIM
CCIM members and leaders met with multiple global industry participants at MIPIM, March 13-16, in Cannes, France. With an emphasis on showcasing CCIM Institute coursework offerings and its international networking platform, CCIM shared a booth with SIOR, leveraging both organizations' strong commitment to global membership and growth.
“To be a truly global real estate organization, we must be ingrained into the international commercial real estate world,” says 2018 CCIM Institute President David P. Wilson, CCIM. “Attending MIPIM affords us the opportunity to meet with many commercial real estate investors from all over the world in one place at one time.”
MIPIM attendees gain access to more than 24,000 participants and 3,100 exhibitors from 100 countries. Key talking points in Cannes were the growth in real estate investment expected this year, urban development, and how technology is now being more fully embraced by real estate companies.
“Having a presence at MIPIM allows CCIM to further our presence and awareness that we're the trusted experts to work with,” says David Ellermann, CCIM, past CCIM Illinois Chapter President. “Whether placing capital and user opportunity stateside or collaborating in other markets and territories, our continued presence shows our willingness to build relationships all over the world.”
Despite entering the late innings of a bull market, foreign investors continue to flock to U.S. commercial real estate assets, according to a 2018 survey by the Association of Foreign Real Estate Professionals (AFIRE), with New York, Los Angeles, San Francisco, and Washington, D.C., among the top U.S. cities.
“MIPIM also offers us the opportunity to meet with our European partners and enhance what we can do to better help them succeed in their countries,” Wilson says. “Each year, we are able to build upon the previous year to grow and brand CCIM and showcase how CCIM is the global language of commercial real estate investment.”
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.