The three biggest Czech cities, Prague, Brno and Ostrava to attend MIPIM (CZ/FR)

On 16 March, the Palais des Festivals in Cannes, France, will open its doors for MIPIM 2010, the 21st annual gathering of real estate professionals. The venue for the renowned property and investment market will attract major European and world investors, developers, banks and financial institutions, as well as cities and regions, along with real estate managers and other experts in the property market.

Last year saw an attendance of over 17,500 participants from 79 countries who, regardless of the financial crisis which had struck the global property market, went to the 20th MIPIM to mount their display on an exhibition area of 20,250 m².

Also this year, the Czech Republic has understandably decided to participate. Prague, Brno and Ostrava will open their own stands this year as usual in an attempt to present themselves as still attractive investment destinations in the face of stiff competition from the largest European cities, including Paris and London. This year, the Central Bohemian Region and the South Moravian Region, which participated only in München Expo Real fair in the past, have their own stands at MIPIM for the first time. The personal presence of governors, mayors, their deputies and city councillors is solid proof that the Czech cities and regions attach considerable importance to their participation in the event.

The Czech stands are situated immediately adjacent to one another on the prestigious 01 level of the Palais des Festivals. This synergic location provides investors with an opportunity to put together a comprehensive picture of the current situation of the Czech property market. The event also serves as a forum for presentation of multinational investors and developers whose co-exhibiting at the Czech cities´ and regions´ stands confirm the high quality of the Czech investment environment. The list of them includes e. g. HOCHTIEF Development, Unibail-Rodamco, CTP, Multi Development or RPG Real Estate.

As MIPIM has always served as an indicator of global trends developing on the financial and property markets, it will focus on the issue of sustainable development. It will be also top of the agenda at the summit of the Lord Mayors and the Governors of the world cities and regions on Wednesday 17 March, when the social infrastructure, mobility, greenery as well as the construction of intelligent buildings will be also discussed within the topic of urban strategies and creation of urban infrastructures, which are the key to the sustainable development.

Source: Crest Communications

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