CHINESE GIANT CHONGQING MAKES MIPIM DEBUT
Real estate opportunities opening up in Asian markets, along with Asian investment flows to world markets, will be one of the highlights of MIPIM 2011 where China’s fourth largest city, Chongqing, will exhibit for the first time.
“MIPIM and MIPIM Asia provide unique opportunities for the international real estate community to focus on Asia. The first day of MIPIM 2011 will highlight the extraordinary growth potential of the Asian continent. China will receive special honours, with the presence of the country’s fourth largest city Chongqing, in the MIPIM exhibition area for the first time. A major economic powerhouse in China, with its 32 million inhabitants, Chongqing will be the topic of a lunch meeting and other discussions at which it will present its development projects to professionals wishing to examine new business opportunities," says Filippo Rean, Director of MIPIM.
For its first attendance at MIPIM, a senior delegation of city administrators and developers from Chongqing will host an exclusive press conference on the city’s stand at 11.30am on March 9.
As well as being a growth market for real estate, Asia also has investors that are increasingly active on the international market. A conference will identify the expectations of these much sought after new investors by bringing together a panel of investment headliners such as Jin Seo, head of the Korean Samsung Fire & Marine Insurance pension fund, François Trausch, CEO Asia-Pacific, GE Capital Real Estate; Satoru Yamashita, Vice President, Mitsui Fudosan Investment Advisors and Hans Vrensen, Director, Global Head of Global Research at DTZ. (Tuesday, 8th March, 3 pm).
This first day of MIPIM will give participants an opportunity to find out about what is happening in two key Asian markets - China and Japan.
Although investments in China can be attractive, they require a good understanding of both the economic and political context and local regulations. A session entitled ‘China: reward versus risk,’ is dedicated to analysing how foreign operators can best approach the strong demand for office property stimulated by Chinese economic growth. Mr. Xu Qianli, Director General of Chongqing City Construction Comprehensive Development Management Office; Richard David, Chief Executive Officer of Treasury China Trust, China; Kin Sing Yip, Director and Co-Head of Investment, DTZ, China, unlock this huge market and its highly sui- generis rules. (Tuesday, March 8th, 11:30).
While international investors may be more familiar with the Japanese market, it remains complex. A breakfast meeting will bring together high-level personalities from the Japanese investment sector to analyse how best to understand the country’s property market. Dr Leonard Meyer zu Brickwedde, President and CEO of Kenzo Capital Corporation, which is primarily engaged in advising European investors interested in Japan; Mr Murata, Director and Head of the Real Estate Department of Mitsubishi Jisho, and member of the Mitsubishi Estate group, and Mr Matsuo, Genkai Capital Management will contribute their expertise to this event, with the special live videoconference participation of Jesper Koll, Head of Japan Equity Research, JP Morgan Chase Japan.
The next MIPIM Asia will be held in Hong Kong from 15 to 17 November 2011.
See the latest MIPIM conference programme
For further information please contact:
My-Lan CAO – Press Director
Tel: +33 (0)1 41 90 45 44
Email: mylan.cao@reedmidem.com