MIPIM, the world’s leading property market, has announced that it has cancelled its MIPIM 2020, which was postponed to take place on June 2-5 in Cannes, and decided to arrange a two-day gathering in Paris in September. 

Announced by Reed MIDEM - an organiser of professional and international markets, the announcement said that due to the spread of Covid-19 around the world and as it is highly restrictive for people to move around, it was impossible to arrange a traditional MIPIM this year. 

MIPIM was previously scheduled to take place on March 10-13, 2020 at Palais des Festivals in Cannes, France but Reed MIDEM later announced that they have postponed this year's MIPIM to June 2-5 in Cannes due to the coronavirus pandemic. 

A traditional MIPIM has been cancelled and it will take place next year

In a new announcement sent on March 25 by Reed MIDEM, the organisers of the event said that MIPIM will now be transformed into a two-day, Paris-based gathering of real estate and technology leaders in September with a new online experience, called MIPIM Connect, available year-round. 

The next edition of MIPIM in Cannes will take place March 16-19, 2021.

"The situation surrounding COVID-19 is changing daily and government measures are becoming increasingly restrictive. It is clear that holding a large MIPIM tradeshow in Cannes in June is not feasible given the rapid spread, devastating impact and uncertain evolution of the virus," said Filippo Rean, Real Estate Division Director at Reed MIDEM. 

"As it is not possible to organize a traditional MIPIM by the end of this year, we are planning a different form of gathering for clients in the autumn in Paris, plus a digital experience, MIPIM Connect." 

These aim to help the industry start to recover and are the precursors of MIPIM in Cannes in March 2021," he added.

Inside atmosphere from MIPIM inside. Image © S. d'halloy / IMAGE&CO, courtesy of MIPIM

MIPIM will organize a gathering of international real estate leaders who wish to conduct business, benefit from timely content and network together to help speed the recovery of the property industry. 

The programme of conferences, networking opportunities and awards will take place in September, in conjunction with other activities in Paris, focused on innovation in real estate.  

MIPIM Connect will launch in April and be free for delegates who have registered for MIPIM 2020. The new online service will feature a range of thought leadership content, networking and business tools, and will be available to real estate professionals worldwide on a year-round basis.  

Keynote by Jean Nouvel at the MIPIM 2019. Image © V. Desjardins / IMAGE & CO

"We appreciate the support and feedback we received from many MIPIM customers and are grateful for their patience and understanding," said Ronan Vaspart, MIPIM Director. 

"Together with our partners in Cannes, we look forward to welcoming everyone back to Cannes in March 2021 for an excellent MIPIM and, in the meantime, we hope people stay connected and, above all, safe."

The MIPIM team will communicate more details about the September gathering in Paris and MIPIM Connect in the coming weeks.

The event was targeting to bring together over 26,000 participants and over 6,000 investors, 480 keynotes and speakers this year. 

MIPIM is known as a unique environment providing exceptional networking, showcasing and commercial opportunities for property advisors, developers, regional authorities, investors and corporate end-users.

Most of the events have been postponed or cancelled due the Covid-19 pandemic, see the full list of postponed or cancelled events here. 

Covid-19 is spreading to almost all countries. France is one of the highly-affected countries, putting itself at the sixth after China. At the time of this writing 25,600 coronavirus cases have been confirmed in France and 1,331 death cases have been reported until now, including cities Guadeloupe and Martinique.

Top image: View from 2019 MIPIM. Image © S. d'halloy / IMAGE&CO, courtesy of MIPIM

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