Cannes New opportunities emerge in uncertain times

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Over 20,000 delegates representing 90 countries gathered in Cannes for the 34th edition of MIPIM, the global urban festival that brings investors, political leaders and the real estate community together to facilitate relationships and find solutions to the challenges facing the built environment.
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With a growing number of stands and pavilions (340) taking more space (19,500 sqm) with new delegations from North America, the Middle East, South East Asia and elsewhere, MIPIM 2024 demonstrated that there are still a significant number of opportunities amid geopolitical, environmental and socio-economic uncertainty.

MIPIM continues to attract representatives of the world’s largest institutional investors, such as pension funds, mutual funds, insurance companies, university endowments, and sovereign wealth funds. Overall, MIPIM welcomed investors managing over €4 trillion of assets.

MIPIM 2024 was the most sustainable edition to date, distinguished by four commitments to making MIPIM cleaner, greener, more diverse and increasing our social impact. As part of this ongoing decarbonisation journey, MIPIM has signed up to the “Road to Zero Alliance” of high-profile businesses, including PwC and real estate investment trust Icade, to take faster, more effective action.

Conversations at MIPIM highlighted new areas of opportunity and optimism. This was particularly reflected by Australia’s Aware Super and USA’s Newmark:

Alexander Misev, Head of Property, Aware Super:

“Now is one of the best times to be deploying money, it’s not the time to retreat. Some really interesting deals will pop up in the UK and Europe and we want to be ready”.

Barry Gosin, CEO, Newmark:

“It’s our intention to be fully built out throughout Europe. The primary markets where the majority of transactions occur are the UK, France and Germany, so we expect that we will be one of the top two or three in each of those markets. If you’re going to launch to clients and the European market, this is the place.”

Nevertheless, urgency on climate action and the built environment’s pivotal role in the green transition was at the top of all discussions, with the world’s political leaders making their case:

Sanna Marin, former Prime Minister of Finland in her keynote address:

“Without a green future, there is no future. When you do things first, you create opportunities. To this audience, I would say it is smart to be a front-runner in areas like green steel and green cement, in technology, or in finding new ways of living.”

Sophie Haestrop Andersen, Lord Mayor of Copenhagen on Road to Zero Stage:

“Climate action needs strong public support. We have a huge task ahead of us and we cannot do it without public support and collaboration – we need everyone on board.”

Dynamics surrounding capital flows into new and emerging asset classes were reflected in discussions, speeches and panels across the week. With the housing emergency continuing, MIPIM facilitated a new platform for discussing the immediate and innovative solutions required at Housing Matters! Demonstrating its significance, housing ministers from France, UK and Germany - MIPIM’s three largest markets by delegate numbers - all attended this year to attract investment into their respective countries.

Elsewhere, other sectors such as life sciences, renewable energy and infrastructure have taken on an increasingly prominent role on the programme, featuring speeches from a broad range of political leaders including the Prime Minister of Thailand and Dr Khalfan Al Shueili, Oman's Minister of Housing and Urban Planning.

Michal Mlynar, UN Assistant Sec-Gen & Acting Executive Director of UN Habitat:

“We need to mobilise support to address issues of adequate and affordable housing globally - 96,000 new, affordable homes need to be built across the world every day. Rapid urbanisation calls for sustainable solutions - enhancing housing conditions in societies is crucial in fostering individuals' health, education, and economic achievements.”

Joanne Henderson, Head of Life Sciences, CBRE:

“There’s lots more to play for in terms of real estate creating life sciences clusters. We’re doing more than just building labs and facilities. Developers are getting more involved in the industry… and putting their own cash into the sector.”

With such crucial challenges facing the sector, MIPIM launched its inaugural MIPIM Challengers initiative to both attract the next generation of real estate leaders to MIPIM and to challenge the status quo by finding new, undiscovered solutions to overcome these issues.

Muyiwa Oki, RIBA President, one of the jury members of MIPIM Challengers:

“We had more than 150 entrants from across the globe and selected 16 of them. Some of the ideas aren’t necessarily new but they’re left in the university curricula and aren’t broadcast to a wider audience, such as urban farming and how it could work in places like South America. Our hope is that people at MIPIM see these as solutions to real-life problems and don’t stick to the status quo.”

Wrapping up MIPIM 2024, Nicolas Kozubek, MIPIM Director said:

“This year’s MIPIM provided the global real estate industry with a platform to discuss new approaches for addressing the most important challenges facing our cities and society.

“For the first time at MIPIM, we launched the Housing Matters! conference during the pre-opening. We are proud to have Housing Ministers from France, Germany, and the UK—the three largest markets at MIPIM—sharing their perspectives on housing issues and exploring alternative strategies.

“The main message I took from MIPIM was one of hope. From the fresh ideas of our future leaders in the MIPIM Challengers to the inspirational speech from Sanna Marin, that if we act now it won’t be too late and we will all benefit together in the long run. I look forward to hearing from the industry how their MIPIM went and to start planning for another successful Global Urban Festival in March 2025.”

MIPIM returns to the Palais des Festivals in Cannes 10-14 March 2025.

The MIPIM Asia Summit will take place on 3-4 December 2024 in Hong Kong.

Latest news

Retail & leisure

Poland Redkom to open retail park in Białystok

schedule 11 July 2025
Opr./edited by AH

Commercialisation is underway for a retail park under development by Redkom Development in Białystok with around 14,000 sqm gla.

Investment & finance

Poland Investment recovers

schedule 11 July 2025
Opr./edited by AH

After a moderate start to the year, Q2 brought a revival to the investment market. However, total transaction volume remains below the 2020 average, according to Savills Polska's 'Investment Market in Poland in H1 2025' report.

Investment & finance

Europe DL Invest raises EUR 350 mln with bond issue

schedule 11 July 2025
Opr./edited by AH

DL Invest Group has completed its first public Eurobond issue, raising EUR 350 mln. The funds will be used for refinancing and further development.

Office & mixed-use development

Germany Sonar takes on three buildings

schedule 10 July 2025
Opr./edited by AH

Sonar Real Estate has taken over the commercial management of three office buildings in Düsseldorf's Medienhafen district. The total combined leasable area of the Alto, Largo, and Float buildings comes to around 88,000 sqm.

Warehouse & industrial

Poland P3 signs up DeFelt

schedule 10 July 2025
Opr./edited by AH

DeFelt, a company that specialises in the use of PET felt for acoustics and interior design, has joined the tenants of P3 Wrocław City with a lease of around 2,500 sqm.

Office & mixed-use development

Poland Four leases in Globis

schedule 10 July 2025
Opr./edited by AH

GTC has signed four new leases and two lease extensions for space in the Globis Wrocław office building. The agreements total over 2,100 sqm.

Investment & finance

Poland Develia buys Bouygues Immobilier

schedule 10 July 2025
Opr./edited by AH

Develia has completed the acquisition of a 100 pct stake in Bouygues Immobilier Polska for EUR 65.9 mln, which will allow the company to further expand its operations in Warsaw, Poznań and Wrocław.

Human resources

Europe Panattoni bets big on data centres

schedule 10 July 2025
Opr./edited by AH

Panattoni is launching a new strategic initiative to develop data centres in Europe, the UK, India and the Middle East. Four experienced specialists have been hired to implement the project.

Warehouse & industrial

Germany Garpa comes to Lüneburg

schedule 10 July 2025
Opr./edited by AH

Garbe Industrial has fully leased its logistics property in Lüneburg (Lower Saxony), which is still under construction. Garden furniture manufacturer Garpa will move into the 20,000 sqm centre on October 1st this year.

Investment & finance

Czech Republic Accolade buys Garbe Park České Budějovice

schedule 09 July 2025
Opr./edited by AH

Accolade has acquired Garbe Park České Budějovice for around EUR 100 mln.. The transaction includes two completed buildings with a total area of ​​50,000 sqm and a 16 ha development site.

Office & mixed-use development

Poland H+H enters North Gate

schedule 09 July 2025
Opr./edited by AH

Two tenants have leased space in the North Gate building in Warsaw. H+H Polska has leased the entire eleventh floor with an area of 840 sqm, while a well-known currency exchange has taken a unit of 30 sqm on the ground floor.

Warehouse & industrial

Poland LIT grows in Fortress Zabrze

schedule 09 July 2025
Opr./edited by AH

LIT Logistyka Polska, one of the largest tenants at Fortress Logistics Park Zabrze, has decided to lease an additional 5,670 sqm of warehouse space, bringing its total area in the park to over 17,000 sqm, less than a year after launching operations in the complex.

Investment & finance

Poland 7R purchases 1.4 ha

schedule 09 July 2025
Opr./edited by AH

7R has finalised the purchase of a 1.4 ha plot in Stara Wieś (between Warsaw and Białystok), where it intends to build a warehouse and logistics park.

Warehouse & industrial

Poland Media Expert comes to MLP Poznań

schedule 08 July 2025
Opr./edited by AH

Media Expert is to occupy over 4,200 sqm in MLP Poznań. Around 4,000 sqm will be warehousing, while 180 sqm will be used as office and social space.

Property and Facility Management

Poland Savills to manage for Yareal

schedule 08 July 2025
Opr./edited by AH

Savills has taken over the comprehensive management of a portfolio of properties in Warsaw owned by Yareal Polska. The portfolio includes buildings C, D and E of the Lixa complex, the Wspólna 47/49 office building and the service section of the Soho by Yareal development.

ESG

Poland Well comes to Panattoni

schedule 08 July 2025
Opr./edited by AH

Panattoni has been awarded a Well ‘Gold’ certificate for the office section of a BTS project in Gliwice. This is the first such certificate awarded in Poland for office space in an industrial facility.

Warehouse & industrial

Poland TriCity takes strong position on warehouse market

schedule 08 July 2025
Opr./edited by AH

According to Avison Young, due to its strong foundations and sustained demand, the TriCity remains a thriving logistics market. Its easy access to ports, its road and rail connections and its proximity to Northern and Eastern Europe markets make it an attractive region for investors.

Warehouse & industrial

Poland Factory to be built in Iława

schedule 07 July 2025
Opr./edited by AH

Pol-Mak Iława is to build a 6,500 sqm manufacturing plant in Iława in the Warmia-Masuria region. The general contractor and architect is Signet.

Warehouse & industrial

Poland Komfort comes to Hillwood Łowicz South

schedule 07 July 2025
Opr./edited by AH

Home furnishings retailer Komfort is the latest tenant to join the Hillwood Łowicz South complex with a lease of 30,000 sqm.

Retail & leisure

Romania Another tenant for FunShop Park Ploiești

schedule 07 July 2025
Opr./edited by AH

FunShop Park in Ploiești has expanded its tenant base with Supeco, a discount store from the Carrefour group. The new tenant has signed a lease for 1,300 sqm and the store is to open in Q3 2025.

Latest in Material partner

schedule 07 October 2024

Brownfield rather than greenfield – a model for sustainable development at City Point Targówek

Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure expansion often requires the development of greenfields, with adverse impacts on both local ecosystems and communities. A sustainable alternative is to revitalise brownfield urban sites, as exemplified by City Point Targówek, a project led by Peakside Capital Advisors.

schedule 02 May 2024

Nordbygg 2024: Many innovations and strong interest

Last week, Nordbygg, Northern Europe’s biggest trade fair for professionals in construction and real estate industry, took place at Stockholmsmässan in Ävsjö, Sweden. 35,000 visitors attended which, combined with the 5,000 people on the stands, gives a total of 40,000 participants. New features for Nordbygg 2024 included the strong involvement of the City of Stockholm and a popular online app.

schedule 04 April 2024

Excellent Fern at Off Piotrkowska

Intensive commercialization of the multifunctional Fern building under construction at Off Piotrkowska Center has begun. A modern building, the construction of which will start at the turn of 2024/2025, offers 4,700 sqm of service space and 2,700 sqm of office space.

schedule 21 March 2024

New opportunities emerge in uncertain times

Over 20,000 delegates representing 90 countries gathered in Cannes for the 34th edition of MIPIM, the global urban festival that brings investors, political leaders and the real estate community together to facilitate relationships and find solutions to the challenges facing the built environment.

schedule 07 March 2024

Silesia invites you to Cannes!

We would like to invite you to the meeting: "Explore Silesia: Where Economic Resilience Meets Opportunity!", held at MIPIM this Wednesday. Silesia and its metropolise are one of the fastest growing and most innovative regions in Europe. During the discussion, the roots of its success and specific future prospects will be discussed.

schedule 12 February 2024

Challenges accepted at MIPIM!

The premier real estate fair of the year is now fast approaching! On March 11–15th, at its usual grand venue of the Palais des Festivals in Cannes, MIPIM will welcome delegations from more than 90 countries to take part in an extended four-day programme of speeches, panels, awards and networking

schedule 15 November 2023

In business, we focus on long-term partnerships

Michał Ptaszyński, Country Manager Poland, Logicor, tells us optimistically about the future of the logistics industry in Poland, the company's upcoming investment plans and explain why it is worth cooperating with local communities

schedule 29 September 2023

Łódź invites you to Munich!

We cordially invite all guests of this year's Expo Real to the events organized at the stand of the Łódź City Hall, "Eurobuild" will also be there as a media patron.

schedule 25 September 2023

Grounded in experience

Justyna Cymerman, the head of the urban planning department of land transaction consultancy Greenfields, and Michał Różycki, its director of the land department – living sector, tell us about the company’s greatest achievements, the state of the market, and what needs to happen next to tackle the housing shortage

schedule 06 July 2023

A solid relationship for years

Operational and financial systems supporting property managers are constantly expanding and changing to keep up with changing market needs. Good relationships between providers and users of these systems and a willingness to face challenges together remain invaluable.

schedule 13 April 2023

Land is the key to success but requires skills

Warsaw is one of the most affordable capitals in the European Union to live in. In order to maintain its competitiveness, it is crucial to expand the availability of plots

schedule 22 December 2022

Biuro Na Miarę - more comprehensive, across Poland

The company has been strengthening its position on the commercial real estate market as a specialist consultancy providing comprehensive tenant and landlord services.

schedule 02 August 2022

New ESG Report – Atrium

Atrium European Real Estate has published its 6th ESG report summarising the company's achievements in 2021. The report details the key initiatives involved in the implementation of the its ESG strategy. The company has set new and even more ambitious medium-term targets for 2030, which include a 40 pct reduction in the carbon footprint of its shopping centres by 2030, compared to 2019 levels. By 2050, Atrium wants to have become a carbon-neutral organisation.

schedule 15 June 2022

Power is in people

SKJB Szybkowski Kuźma Jeleń Brzoza-Ostrowska is a Polish boutique legal practice that’s not only celebrating its 5th birthday this year but also its listing on the Legal 500 ranking.

schedule 04 April 2022

Coworking in Atlas Tower

In the times of uncertainty due to the pandemic situation worldwide and restrictions connected with that, co-working spaces and offices are gaining more and more popularity amongst potential tenants. Flexibility of renting terms plus tax law support for new entrepreneurs are things highly needed for small and medium businesses and these come in handy when cooperating with Twój Startup foundation.

schedule 22 March 2022

Tricity attracts with its Scandinavian climate

It will soon be two years since the first COVID-19 cases appeared in Poland. What can be said about the current condition of the office market in our country?

schedule 01 February 2022

How to return to the office in good health?

Skanska has recently carried out its third survey on the return to the office in four countries – Poland, Romania, the Czech Republic and Hungary. While previous studies have focused on the needs of employees and their expectations of offices in the new reality, this time Skanska has focused on the impact that the pandemic has had on the employees’ mental health and well-being.

schedule 08 November 2021

Sustainable attraction

"Our research shows that 65 pct of employees in the CEE region want to work in a certified sustainable office. We expect that tenants will opt to migrate to new buildings that suit their needs better", admits Paweł Warda of Skanska Commercial Development Europe

schedule 20 October 2021

MAPIC returns to Cannes

MAPIC 2021 will be held at the Palais des Festivals from Tuesday, the 30th of November, to Thursday, the 2nd December, 2021

schedule 31 August 2021

It's a comfortable life

Ziv Zviel, the CEO of Atlas Estates, tells ‘Eurobuild’ about the company’s plans for the residential sector, top investments and the future of the market

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Edition 6 (299) June 2025

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