New dates have been announced for the 2021 MIPIM international property conference in Cannes.
The global real estate and construction showcase was cancelled in the spring as the Covid-19 escalated around the world.
Next year’s conference had been set to take place in the Palais des Festivals – home of the Cannes Film Festival – between March 16 and 19.
However, organisers have now decided it will take place from Monday, June 7 to Thursday, June 10, 2021.
The event attracts in the region of 26,000 investors, developers, land owners, property agents, lawyers and planning consultants, to discuss multi-billion pound opportunities that can shape cities, resorts and regions in the years to come.
Business movers and shakers will argue it is the ideal place to arrange a quick meeting with the head of global construction consultancy or PRS investor that would otherwise take weeks to arrange back in Britain.
Conversations over a breakfast coffee or outside an expensive bar off La Croisette, they say, can be the catalyst for invaluable business relationships.
In a statement MIPIM Director Ronan Vaspart said: “Following discussions with clients about travel restrictions and quarantine, and having looked at the availability of the Palais des Festivals MIPIM venue next year, we have decided to hold the event in June.
“70% of our exhibitors have already decided to confirm their participation for 2021.
“We look forward to welcoming the international real estate community back to Cannes.”
One Mipim regular who had already had the joy of moving everything over from the cancelled 2020 event, said rescheduling again would be a pain, but might pay off – for those who decided to commit.
He said: “Someone I was talking to said it’s not a moving target but a running target.
“We know a lot of people who have stands that were scheduled for the March event, and then there are the joys of Brexit to add into the mix.
“We’ve rebooked hotels already, so there’s a lot of stuff that has to go on in the background and significant resources have to go into that.
“We knew about it yesterday and already knew they had already rebooked the Palais de Festivals for June, just in case, and I think that was the right thing to do.
“People still think Cannes is a great place to do business and there may even be a new influx of interest.
“If there are people who need to convert business or build confidence with investors, then putting it off to June gives them a bit more breathing space to plan.
“I think there will inevitably be a reduction in number next year, but that could mean those who attend find it more helpful because it won’t be flooded with random agents.”