As happens every year in Cannes, new records were set for the number of visitors. With a glass of rosé, the developers and tenants attending MAPIC 2011 were able to celebrate the fact that yet another wave of the credit crunch has had a limited impact on the real estate market
Some figures for your attention: according to CBRE's ?How Active are Retailers in EMEA' report, nearly three quarters of international retailers (71 pct) are planning to open more than five stores in Europe, the Middle East and Africa before the end of 2012. At the same time 20 pct of companies are planning to open 40 or more stores before the end of next year (18 pct of the total number of retailers in 2011). Such positive trends and the growing interest in the development of retail chains were evident at the MAPIC international retail property fair in Cannes in November. For three sunny days the French Riviera was visited by 8,000 people from 62 countries - 9 pct more than in 2010. Over 300 retail companies