MIPIM ASIA
The world's property market in Asia Pacific

Press Releases

MIPIM Asia 2007 spreads its wings

Paris, December 7, 2007 - With a record participation of 1,052 companies from 54 countries, the second MIPIM Asia has consolidated its status as the international market reference for real estate professionals in the Asia-Pacific region.

At the opening ceremony, Mr. John C. Tsang, Financial Secretary of the Government for the Administrative Region of Hong Kong, congratulated MIPIM Asia for establishing itself as "a major force in the dynamic property development and investment sector."

Building on these results, MIPIM Asia will take centre stage once again in Hong Kong from November 19 to 21 2008. It will be preceded by a special conference program devoted to Japan, to be held in Tokyo on 16 and 17 November 2008. As the world’s second largest economic power, Japan has become a flagship territory for real estate investors. This conference cycle will identify the challenges and potential for property investment in the Land of the Rising Sun.

Of the 1,052 companies represented at MIPIM Asia this year (an increase of 10% over 2006), 76 were from Japan, compared to 30 in 2006. Other countries which sent large delegations included South Korea, Vietnam, Australia, Hong Kong, Singapore and China. The number of leading international investment companies present in Hong Kong rose from 400 in 2006 to 559 in 2007.

This second edition of MIPIM Asia saw the launch of the MIPIM Asia Awards. The purpose of these awards is to reward outstanding construction projects in the Asia Pacific region in seven categories. The Jury also attributed a Special Prize to one of the seven award winners. The prestigious Awards ceremony took place on the opening evening of the market. It was largely dominated by candidates from Japan and China, who won six awards out of seven. Nikken Sekkei Ltd, a leading Japanese architecture firm based in Tokyo won in three categories: 'business centres', 'mixed-use buildings' and 'green buildings'.

For more information about the MIPIM Asia Awards and pictures of the winning projects, please go to: http://www.mipimasia.com/gb/awards.

MIPIM Asia 2007 also featured a series of high standard conferences and events due to the participation of personalities such as Claude Smadja, Daniel Libeskind, Paul Chong, Marc Faber and Benoit Famaey. Following the success of the 20 conferences and workshops organized around 'investment insights', 'trends & innovations' and 'regional focus', they will be available as podcasts next week at: http://www.mipimasia.com/gb/conferences.

Access and download photos from the MIPIM Asia 2007:

http://creativegp.com/mipimasia/2007OfficialPhotos/album.html