What happened at MIPIM UK 2016?
Another year has passed and another MIPIM has rolled around! MIPIM, the premier real estate event, gathers the most influential players from all sectors of the international property industry for three days of networking, learning and transaction through premium events, conferences and dedicated exhibition zones.
This year, our Business Development Manager Chris went on down to check out the inspirational talks and network with everybody there. Chris attended some fantastic talks and has made some great new connections at MIPIM this year. Below is a summary of NovaLoca’s 2016 MIPIM experience!
Day 1
Chris started off his first day at MIPIM (after the very long registration queue) by attending the “UK Cities: Where is regeneration happening & what are the Governments objectives?” speech which was packed out! Luckily Chris got a seat. Here is Chris’ account…
“Moderator Damian Wild (Editor, Estates Gazette) kept things moving nicely and allowed each of the 4 speaker’s time to answer, promote and respond. James Child (Research Manager, EGi) initially set the scene; giving us a map of the UK highlighting the top two Cities who have shown constant 3 year increases in planning applications submitted…
Office = Edinburgh & Peterborough
Retail = Coventry & Bristol
Residential = Sheffield & Liverpool
Jackie Sadek (Chief Operating Officer, UK Regeneration) provided a passionate view and all held high hopes for the planned regeneration across the next 10 years.”
Chris also attended the “Lending Practices in post-BREXIT UK & what it means for development” talk. The moderator was David Hatcher, Head of News & Finance, Estates Gazette. This is what Chris took away from the talk…
“Lenders well prepared in run up to Referendum Retail development out of London which equals an attractive proposition. Propositions in general away from Central London were preferred. Speciality development caused the bulk of the debate with talks regarding funding, sponsors etc.” Chris then picked up some free jelly beans!
Day 2
Waking up feeling fresh, Chris left his hotel and got himself down to Olympia London to listen to Be Central Beds talk. Rio Ferdinand, Bobby Zamora and Mark Noble from West Ham FC and Richard Walsh from Colliers International are setting up “Legacy Foundation”; a project in Houghton Regis (Dunstable) based on developing an area with a focus on Education, Sports & Community. This what Chris found out…
“The project will offer opportunities for children through sport but also a safe environment (after school) and involve the local community and businesses for input and support from day one. Obviously this comes with the offer of aspirational housing.”
Another talk Chris attended was “What is last-mile delivery doing to the Sheds sector?” Chris caught up on the significant growth over the last 9 years of online retail. Of course this will inevitably lead to an increase in demand on sheds (plus an increase in planning application). The panel discussed the issues of this demand in the UK. In the UK this process is high risk and takes time. Europe, for example, results in a much quicker turnaround – with less risk.
“There has been a shift (due to online Retail) from ‘Pallets to Parcels’ which is forcing great change and the debate moved onto the land in question – huge issues on deciding what land and what use, especially if it is Green-Belt land; what is the best economic outcome for the area and its people. The challenges about land supply make the UK unique and the growth profile is unlike anywhere else. James Markby (MD, Logistics Capital Partners) stated that we are experiencing a “mini Industrial Revolution.”
Day 3
Day 3 was a lot quieter for Chris so he used this day to meet up with new contacts and have some lunch!
