Highlights – Event Summary
MIPIM 2018 Assoimmobiliare: investing in quality products Greater interest in Italy
The 2018 edition of the MIPIM, the international real estate fair under way in Cannes, was attended by Assoimmobiliare as well as ten Regions: Friuli Venezia Giulia, Lazio, Liguria, Marche, Piedmont, Puglia, Sicily, Tuscany, Trentino, Veneto. Other organisations included the Public Property Agency, Cassa Depositi e Prestiti, Difesa Servizi, Railway Urban Systems, Invimit and the category associations ANCE and AICA. Others included the Bologna Metropolitan Area and a space dedicated to the City of Milan and Lombardy Region.
After the inauguration of the initiative, interviews were conducted with Filippo Rean, Head of the Real Estate Division MIPIM and Paolo Crisafi, Director General of Assoimmobiliare.
Filippo Rean observed: “The Italian participation at MIPIM is one of the most important ones and is based on three components: the major institutions, with the ICE from the Ministry for Economic Development and a number of local authorities, private enterprises, and the associations, especially ANCE and Assoimmobiliare. The participation involves several exhibition areas, such as the Italian Pavilion, the focus of the Italian delegation, and a rich programme of conferences dedicated to the Italian market”.
Paolo Crisafi, Director General of Assoimmobilare, said: “Real estate is one of the few sectors bringing together, through a positive process, the recovery of the economy and the raising of standards in terms of the quality of life: it is vital for recovery to be supported.”
From this point of view, the MIPIM, with the occasions provided for contacts among international operators, and highlighting the opportunities in Italy, is a think-tank and platform of great importance. Therefore, Assoimmobiliare and ICE have come back this year, with the aim of involving the institutions in order to drive the economic recovery through real estate. We are proud of the fact that various Italian projects are in the finals for the MIPIM Awards (FICO Eataly world for Best shopping centre, NOI Techpark for Best refurbished building, Feltrinelli Foundation & Microsoft House for Best office & business development, Porta Nuova for best urban regeneration project, Xiantao Big Data Valley for best future mega project) and recalled that Italian real estate is able to compete with major international markets.
Crisafi continued: “There is a new willingness to invest in our country, and Italian territory is being considered by international investors with growing interest. To sustain this positive trend, Assoimmobiliare continues to try to convince the political parties to enact long term strategies and not one-off measures. In particular, measures for simplification are required in town planning to ensure certain timeframes and in line with the most efficient European countries, as well as regulatory improvements for real estate financial instruments, without which it is impossible to attract the capital necessary for implementing projects with interesting dimensions.
In any case, our cities have to be improved, often with respect to infrastructures and transport. Our buildings require maintenance to ensure safety standards in seismic areas and, in general, to reduce energy consumption and the related emissions; these improvements would produce significant impact in terms of the quality of life.”