MIPIM 2007 will launch 'speed matching,' an innovative method for bringing together international investors with developers, city authorities and property consultants.
Inspired by the personal 'speed dating' concept, 'speed matching' will see 15 pre-selected property projects pitched to an audience of leading property investors as part of the MIPIM 2007 conference programme.
"The launch of this exclusive concept addresses both the growing size of investments and the need for developers to highlight their expertise in light of the significant rise in new projects," says MIPIM Director Nadine Castagna. MIPIM attracts over 2,200 exhibiting firms and over 4,500 investors.
Speed matching uses a short, high-impact ten-minute format, during which candidates present their project with the aim of encouraging backing from the audience of international investors. Interested parties can then enter into more detailed discussions after the speed matching session.
At the 18th MIPIM, to be held from 13 to 16 March 2007, fifteen projects will be presented during the first three days of the event at a rate of five per day. Two days will be devoted to presentations of property projects, and the third to projects from investment funds. The speed matching sessions are being organized in partnership with Société Générale Corporate & Investment Banking and the Russian company Mirax.
The real estate projects/funds taking part in the 'speed matching' will be selected prior to MIPIM by a jury of international investors, and chaired by James A. Fetgatter, Director of the US association AFIRE (Association of Foreign Investment in Real Estate). The 'speed matching' categories cover office buildings, industrial and hotel property, mixed building and logistics.
There is already considerable global interest in this "speed matching" exercise, with project proposals from countries such as Argentina, Australia, Brazil, China, Czech Republic, France, Germany, Greece, Mexico, Russia, Singapore, Ukraine, United Kingdom and the United States.
See for more information: www.mipim.com