Belfast’s recent growth, given a boost by promises in the Autumn Budget for a Belfast City Deal worth up to a reported £1bn, is set to be further showcased at the upcoming MIPIM international property show with the city’s biggest delegation yet.
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This year’s annual MIPIM property show, to be held in Cannes, France between 13-16 March, will see Belfast’s largest ever delegation of real estate business leaders return for the third consecutive year, with a focus on raising awareness of the city as an ideal location in which to “live, work, visit, learn and invest”.
At the end of last year, Belfast was named in the UK’s top 15 cities for house price growth by the Hometrack UK City House Price Index, after it saw a 4.5% rise over 2017, bringing the average property price to £129,700. With further growth and investment predicted in the city over the coming year, Belfast’s MIPIM presence will be an important way for it to exhibit its future developments and plans.
Growth and success
More than 70 Belfast delegates will attend the property show next month, from 30 different organisations delivering 15 events over the three-day event, with an estimated total turnout at the show of 28,000 international investors and developers.
Chair of the private sector taskforce leading the Belfast delegation, Jackie Henry, said:
“MIPIM 2018 will be about building on the excellent success achieved through our attendance at the conference in the past two years. Once again, the Belfast delegation will champion our strong proposition as an outstanding city in which to live, work, visit, learn and, importantly, invest.
She added: “We’ve structured a busy programme of engaging events that will enable us to showcase how and why Belfast is an attractive city for investors, and what is driving growth and regeneration in the city.”
Sir Howard Bernstein, former chief executive at Manchester City Council, will chair a panel session discussing the development of new city neighbourhoods focusing on Belfast, while former racing driver Eddie Irvine will feature in a session looking at the key accelerators of the city’s growth and success.
Some of the companies that will be attending MIPIM this year to represent Belfast include Belfast City Council, Castlebrooke, CBRE, Invest NI, Queen’s University, Signature Living and Tourism NI.