The 2015 edition of CEEQA@Mipim welcomed more than 200 real estate professionals from the CEE and SEE markets for a double bill of events at the global real estate fair in Cannes. CEEQA@Mipim is the focal point for the CEE and SEE property markets at Mipim global real estate fair.
2015 RealGreen Awards and CEEQA Shortlist announcements
A special CEEQA@Mipim New Europe Breakfast reception saw the presentation of the 2015 RealGreen Awards for green building in New Europe as well as the announcement of the shortlist for the main 2015 CEEQA Awards.
Winners of the RealGreen company awards included first time winner Deutsche Asset & Wealth Management (Investor), Skanska Commercial Development Europe lifted the title of RealGreen Developer of the Year for the third successive year and Arcadis was named RealGreen Service Provider for the second time. Portland Trust’s project Floreasca Park picked up the award for RealGreen Building of the Year for for raising the certification of the building from BREEAM Very Good to BREEAM Excellent in 2014, including the installation of a ground sourced geothermal heat pump system which significantly reduces the tenants’ costs of heating and cooling throughout the year and reduces the carbon footprint of this 40,000m2 net building.
Insight Summit: The Wall of Capital – What does it mean for the New Europe property markets?
Immediately following the New Europe Breakfast reception, an audience of 150 gathered to hear a keynote presentation by the JLL European Capital Markets team leaders Matthew Richards and Robert Stassen and a panel discussion involving some of the New Europe property sector’s most successful investors, developers, financiers and consultants, on how a recent huge increase in international real estate investment into Europe is impacting on the CEE markets.
The presentation highlighted how a ‘wall of capital’ is being driven primarily by a recent rebalancing and reallocation of a significant portion of pension fund capital from US and Asian markets out of fixed income and equities into alternative asset classes, including commercial real estate, due in part to the availability of big data on real estate markets and the greater transparency and fiduciary reportability that provides. Capital from insurance companies and endowment funds has also joined the fray, where in 2007 insurance companies were net sellers of real estate, now they’re net buyers. And it’s likely to increase.
The presentation was followed by a panel of some of the most important investors, developers, banks, agents and consultants active in the New Europe arena. For a full report on the event visit our Wall of Capital Insight Summit page.
Listen to the full audio file:
CEEQA is the leading regional market insight platform and main annual industry awards for commercial real estate across 18 countries in New Europe, organised by CEE Insight Forum in association with the Financial Times since 2003.
Both events were free access for Mipim registered delegates.