MIPIM UPDATE


CITIES ARE THE NATURAL UNIT OF FOCUS FOR PROPERTY INVESTORS – ONE REASON SO MANY CITIES WILL EXHIBIT AT MIPIM 2013. BUT HOW ARE EUROPE’S CITIES FARING IN THE CURRENT ECONOMIC CLIMATE?


BY PAUL STROHM


EURO PROPERTY


While property investors’ appetite continues to be for core and core-plus real estate, the major cities of Europe and beyond continue to benefit, buoyed by their status as magnets for both population and business. Despite the less-than-perfect economic


climate, life goes on and as far as investors are concerned, capital cities and the larger secondary metropolises are where that life is at its best.


And, despite the problems that beset the


wider economies of Europe, these cities’ commercial real estate investment markets finished 2012 strongly. Although there is typically a seasonal uplift in


activity in the final quarter of each year, activity levels were particularly pronounced in 2012, with several countries reporting their highest quarterly investment activity totals since 2007,


SLICKER CITIES


Munich is a major MIPIM presence and tops the table of survey respondents’ performance survey


IN ASSOCIATION WITH


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