Real estate market in the transition phase
schedule 31 March 2023
The MIPIM international real estate fair in Cannes, held on March 14-17, 2023 was an opportunity to get acquainted with the latest trends and challenges facing the commercial market. Key issues included decarbonization and ESG, investing, and tenant strategies during the economic downturn. Axi Immo experts decided to share their insights on the MIPIM fair.
The commercial real estate market is in a transition phase, and the key factors for the next few months remain issues related to investment financing as the rising cost of debt. Most of the participants and panel discussions at MIPIM pointed to an apparent cooldown in the investment market. Achieving the results of the previous three years will be very difficult.Renata Osiecka
Interestingly, the dynamics of events in the financial markets were at their peak in the days of the fair itself. The weekend preceding MIPIM, we saw news of a massive collapse in the US banking sector. On, March 16th, the European Central Bank announced an i
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