It’s hard to believe that another year has passed by since I was last in Cannes for MIPIM; The international property conference. It’s a big event attracting around 25,000 delegates from around the world. The theme of course is Property Development and people from every area of the sector come along to network and seek deals and opportunities. High profile attendees this year include; Boris Johnson, The Candy brothers and ex-Manchester United player Gary Neville, who will be talking about his development company.
Two very common questions I often get asked…
What is so special about MIPIM?
Why go to Cannes to meet people from the UK?
If you’ve not been, it’s perhaps easy to imagine that this is a jolly. It’s certainly set in a stunning location where the sun is shining and there is a lot of money floating around; expensive hotels and restaurants, big boats and fast cars. But, being here in my third year now, I can tell you that it’s hard work. People are here for a good reason; to do business. I have over 30 appointments in my diary over the next 3 days. I will be up and out by around 7am and back again after midnight. It’s a marathon. My intention is simple; to return with as many contacts and leads as possible.
The entire MIPIM event is unique. The environment sets the scene for a very different mindset. People, generally representing the top of their respective organisations, are away from their day-to-day working routines. There are no boardroom formalities and people aren’t thinking about a hundred other things. Generally people are here to focus on the job in hand. Therefore you can connect with people so much more easily – and they are much more receptive to talking. This is what makes MIPIM special.
I’m representing my new company WCEC this year, in only my second week with the company! We have some great experience and current projects to talk about this week. Our company has been built up through our long standing partnerships with Morrisons and Asda. This has enabled us to build a strong port-folio of town centre regeneration, supermarkets, convenience stores, mixed-use regeneration and also logistics/ industrial, to name just a few. Beyond that our recent work has included hotels, leisure and residential.
Residential has been a big growth area for the business in recent years. Our teams are currently working on a number of high-profile urban developments in London and the South East. Our signature project at present is Royal Wharf in the Docklands, the first phase of which is worth £250m. We have also built up a team delivering Permitted Development projects for Office to Residential conversions.
Delivering all of the above, is a focused and diverse team of around 120 staff offering a broad range of group services. A key one at present being BIM (Building Information Modelling). We have been actively involved in BIM for around 8 years now – there’s probably not that many architects who can say that! Until last week my knowledge of BIM was pretty limited. It strikes me that there is a lot of ‘talk’ about BIM, but a lot of people probably don’t understand it and are certainly not well placed to effectively deliver it. I am in no doubt; BIM is the future to delivering buildings and running them for their lifetime. WCEC are delivering projects for all our clients in BIM, using Revit and a number of other programmes. We believe we have developed a real expertise in BIM, so we have a separate consultancy which provides services to the wider construction sector. This is in big demand at present.
Whilst I’m over here, in between my meetings, I’ll be seeking an overview of the property markets. What’s the forecast? Is London really over heating? Are the regions coming back? I’ll be spending time at the London, Manchester, Birmingham, Sheffield and Leeds stands. I’ll also be seeing my good friends and acquaintances at “
Team Talented Nottingham” to learn more about Nottingham and the East Midlands plans. You can see the brand new Invest in Nottingham website here. They also have a MIPIM specific website here.
I’ll be blogging a bit more through the week, as and when I get a few moments…?