With the Olympic Games looming in 2024, Paris Region is re-asserting its status as a premier location for international investment with 20 million sqm of opportunities on offer at MIPIM 2022.
Amid a subsiding pandemic and the emergence of new opportunities following Brexit, Paris Region is showcasing itself this year at MIPIM, the largest international market for real estate professionals in Cannes, as a pre-eminiment location for investors, advisors, and international corporations.
From 15 to 18 March, the exhibiting partners at the United Grand Paris pavilion will present investment opportunities scheduled for development in the short, medium or longer term.
Not since the great transformations of the Haussmann era has Paris Region seen such an explosion of development and investment. As Alexandra Dublanche, Vice President in charge of Recovery, Economic Development, Attractiveness and Innovation at the Ile-de-France Region and President of Choose Paris Region, points out:
"Investment opportunities totalling 20 million square metres will be on show at MIPIM 2022, thanks to the joint efforts of the United Grand Paris players. With two years to go before the 2024 Olympic Games, the Paris Region is re-asserting itself as a key region for investment backed by an excellent track record in terms of performance.”
"The many business opportunities that will be exhibited at the show by United Grand Paris players demonstrate that Paris Region is today the leading region in Europe in terms of the dynamism of its real estate market, as well as the common ambition to make our region even more intelligent, sustainable and inclusive," she added.
Paris Region leads the "Large European Regions of the Future" category in terms of economic potential, according to the latest FDI intelligence ranking "European Cities and Regions of the future 2022/23", ahead of the Greater London metropolitan area. Paris Region also commands the top ranking in the "Human Capital and Lifestyle" category.
Submissions are invited in the third edition of the "Let us Invent the Greater Paris Metropolitan Area" - the largest architecture and urban planning competition in Europe – for projects focusing on various themes relating to the transformation of existing buildings or the conversion of urban wasteland. Other projects, such as Agoralim, a new sustainable foods initiative in the heart of Paris in Île-de-France, call for new ideas to create a smarter urban area through the reconfiguration of logistics flows that offer sustainable solutions for the environment. Please visit the United Grand Paris pavilion at MIPIM to find out more about the opportunities being offered by the participating exhibitors from the Paris Region.