COLUMBIA, MO (STL.News) MIPIM, the world’s leading global real estate market, business conference and networking event, will welcome Missouri REALTORS® to its 2018 event in Cannes, France, on March 13-16. Missouri REALTORS® will be part of the growing USA pavilion, hosted by the National Association of REALTORS® (NAR); the United States’ largest real estate trade organization. Missouri REALTORS® will be among the 3,100 exhibiting companies at the 2018 event.
“There is so much interest in the USA, and Missouri is very well positioned to capitalize on this interest with our location in the center of the country,” said John Sebree, CEO of Missouri REALTORS®. “That makes us a great investment location for companies requiring access to all of North America via any mode of transportation.”
For the third year in a row, NAR has expanded its MIPIM exposition footprint in response to the growing U.S. presence and to accommodate new exhibiting partners. The NAR-sponsored USA pavilion provides local and regional U.S. markets the ability to showcase opportunities for foreign investors.
“Overall, the market is healthy, with commercial property prices rising 90 percent in the last seven years,” said Elizabeth Mendenhall, 2018 President of the National Association of REALTORS®. “Multiple years of steady job growth and the strengthening U.S. economy, albeit at a modest pace, makes commercial property a good bet for foreign investors looking to diversify their portfolios and generate returns outside their country of origin.”
In addition, Missouri Partnership, a public-private economic development organization focused on attracting new jobs and investment to the State of Missouri, will be in attendance. “Their partnership with the Hawthorn Foundation, the Missouri Department of Economic Development and economic development agencies across the state, has allowed Missouri to be promoted as a global leader in ag technology, aerospace and automotive manufacturing, financial services, logistics and transportation and much more,” said Sebree.
Markets featured in the USA pavilion, in addition to Missouri, include Arizona, Illinois, Nevada, North Carolina, Rhode Island, Virginia, Washington State, and the metro areas of Beverly Hills/Greater Los Angeles, Coastal Carolina/Myrtle Beach, Washington, D.C. /Northern Virginia/Montgomery County (Md.) and San Antonio. Markets participating in the USA “zone,” adjacent to the USA Pavilion, are Florida State, Miami and San Diego, along with the CCIM Institute and the Society of Office and Industrial Realtors®.
Nearly 24,000 leading real estate executives from 100 countries, including more than 5,000 investors, are expected in Cannes for the four-day annual gathering of the global real estate industry. The event brings together investors, developers, occupiers, architects, hotel groups, public authorities, city mayors and property associations from around the world.
To learn more about MIPIM, please visit www.mipim.com.