Thursday , April 2 2020

Property world summit postponed on virus fears

Bloomberg

The world’s biggest property event held on the French Riviera has been pushed back to June over concern about the coronavirus epidemic, the summit organisers said.
The four-day event, known as MIPIM, will now take place June 2-5 in Cannes instead of its usual March slot. “The well-being of our clients and staff is our priority,” Paul Zilk, chief executive officer of organiser Reed MIDEM, said in an emailed statement.
The MIPIM conference usually attracts tens of thousands of bankers, brokers and developers to the luxury hotels and superyachts of the French Riviera. Major real-estate brokers Cushman & Wakefield Plc and Knight Frank had already decided to skip the fair.
It’s the latest event to be affected by the novel coronavirus outbreak that has hampered conferences and sporting events around the world. China’s annual auto show in Beijing has been postponed and in Italy, the soccer game between Juventus and Inter Milan has been delayed until May 13. French authorities cancelled the Paris half-marathon which was due to take place on Sunday.

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