In Case You Missed It: MIPIM 2017
If you weren’t one of the lucky 23,000 that attended MIPIM 2017 in beautiful, sunny Cannes, France, don’t worry! We’ve got you covered on the main highlights of the event. The four-day real estate conference was full of some of the most influential people in the industry and offered attendees the opportunity to gain insight on news and trends in real estate, property and investment management.
On Day 1, the Innovation Forum showcased all the incredible solutions that have popped up on the market. These innovations reached across all categories from smart city sustainability to data analytics and building materials. Over 60 companies showed off their latest and greatest products and services, while those who attended were able to check out new solutions and identify opportunities for their own business. We sat in on some informative and exciting sessions about technology disruption, energy efficiency, and 3D mapping.
Keynote speaker Dr. Parag Khanna was passionate about the fact that he believes we are “in the midst of an accelerating global connectivity revolution.” He focuses on the infrastructure of connectivity and breaking down walls, and he credits the expansion of trade relations around the world for the so-called revolution. Megacities are on his radar, and he believes up to 10% of the world’s population will reside in one of them in the next 15 years. The success of these megacities is all due to the fact that they have invested in connectivity. Khanna says that investment in infrastructure is of the utmost importance and he’s optimistic about that prospect.
Battle of the Startups
In its second year, the MIPIM Startup Competition featured finalists that showed the most promise in their contributions to the real estate industry. This is always an exciting competition, as it gives us a look into the future of real estate technology. The competition was divided into three categories: Building, City, and Transaction. Out of 150 entries, five finalists were selected to present on stage. Urbismart, a logistics company, was voted “most disruptive” by the audience, but the overall winners across each category were Envelope, Ravti, and Storefront. Congratulations to all of the winners!
The Next Big Thing in Science and Technology
In a panel hosted by Addleshaw Goddard, MIPIM attendees learned that the Cheshire Science Corridor has all of the fundamentals in place to become the next hub of science and technology in the North West of England. The businesses that make up the Corridor contribute to a wealth of sectors, including life sciences, nuclear research, energy, green tech, and advanced manufacturing. The area was awarded Enterprise Zoning status last year, and potential future developments could generate 200,000 new jobs over the next 25 years. The Cheshire Science Corridor is set to rival the London-Cambridge-Oxford Golden Triangle.
As usual, the MIPIM conference was a great event and provided many valuable takeaways. Until next time!
For a full rundown of the entire event, check out MIPIM News.