The Cyprus Investment Promotion Agency (Invest Cyprus) on Friday announced that its national stand had a great presence at one of the most important European real estate exhibitions, MIPIM (Marche International des Professionnels de la Immobillier), which took place in France between March 15-18.
As noted in the agency’s announcement, Invest Cyprus’ delegation had the opportunity to present the advantages of Cyprus as an investment destination and to inform visitors about the prospects and returns of the island’s real estate sector.
MIPIM is considered as one of the leading international exhibitions in the real estate sector with around 3,800 exhibitors, visited annually by more than 30,000 industry professionals, with a strong presence of international institutional investors who manage assets worth several billion.
“Despite the challenges at European and global level, we observe that the real estate sector maintains its investment dynamics.,” Invest Cyprus CEO George Campanellas said.
“The interest during the exhibition from institutional investors was significant, with visitors wanting to be informed about developments in the domestic market, confirming that Cyprus can be a rapidly growing European destination for organizations investing in commercial and residential development,” he added.