Team Nottingham showcased a portfolio of investment opportunities worth £1.25bn in 0.5sq m as part of the Midlands UK delegation during a series of successful events at this year’s global property show MIPIM (Cannes, France, 12-15 March).
The team promoted investment opportunities and major developments across the Southside of the city, including Conygar’s plans for the Boots Island site and Nottingham Forest FC’s multi-million pound stadium redevelopment.
The Midlands UK Pavilion welcomed potential investors, property agents, developers and the media from across the world. The events programme alone attracted footfall of more than 3,500 visits, an increase of 18% from 2,900 last year, according to initial figures.
The Pavilion hosted 43 events, including panel discussions and showcase presentations from a range of speakers. Busy events included Tuesday’s Welcome Reception, which unveiled ‘The Midlands Engine is here’, a film focusing on the people, potential and opportunities that are brimming throughout the region.
Lorraine Baggs, head of inward investment at Invest in Nottingham, said:
“MIPIM 2019 was a particularly good one for Nottingham and its 30+ private sector partners. As part of the Midlands UK pavilion for the 3rd year running, the city greatly increased its profile and concentrated on a clear message of the £1.25bn of opportunities across the Southside of the city.
“Throughout the presentations, panel discussions and meetings the interest never dried up and the value of the meetings never waned. What was even more encouraging was the level of interest from new investors and developers and the relationships that we forged with them. Of course, it will be many weeks and months before we know how many of these will result in deals and contracts, but the will is there on both sides. Watch this space…”
Sir John Peace, Chair of the Midlands Engine, commented:
“This year’s Midlands UK delegation offered exciting updates about existing major projects in the region, and unveiled a number of new ambitious investment opportunities to MIPIM’s international delegates.
“The region’s diverse range of investment opportunities proves that the Midlands is a prime business and investment destination. MIPIM has enabled us to present these schemes to thousands of potential investors during just one week.
“The collaboration between both private and public sector partners was key to this year’s successes and is crucial to maintaining the global competiveness of the region in the long term.”
Throughout the week regional leaders showcased £11 billion of major developments to potential investors. Announcements included the redevelopment of Nottingham Forest Football club and the area surrounding the City Ground.
Nottingham’s presence was supported by over 30 companies as part of Team Nottingham who worked tirelessly to support the city, spread the message and gain business for their own companies.