11.3.08

The International Property Market (MIPIM) conference kicks off in Cannes

The International Property Market (MIPIM) conference kicks off in Cannes, France today. MIPIM, which is the world's largest commercial property event and held this year for the 19th time, will wrap up Friday. More than 28,000 delegates from 85 countries are expected to participate in the event this year. Visitors include individual and institutional real estate investors, architects, city designers, property consultants, construction and hotel groups and municipal decision makers.

Turkish property boom:

The growing real estate and construction sectors of Turkey are well represented at MIPIM. Some 79 Turkish companies and organizations are attending the event either as exhibitors or visitors - including real estate consultancies CB Richard Ellis and Kuzeybatı-Savills, the recently launched facilities management firm Profac-Eko, and real estate development firms Dumankaya, Soyak and Finventa.

One of the major real estate projects taking place in southeastern Europe, the Akkoza Park, is also presented at the fair. Akkoza Park is a joint project by Garanti Koza, Akiş and Corio at Esenyurt, Istanbul and consists of 5,500 residences, green areas, shops, services and sports facilities.

Extraordinary projects:

The largest stands in the exhibition area are the stands of London and Russian regions.

In addition, numerous other construction projects are exhibited at the fair. These include innovative towers, such as the 600 meters high Russia Tower, set to become the highest building in Europe. Several sustainable development projects are also presented.