Last week our Invest Newcastle team returned to the leading international property show, MIPIM, in order to elevate Newcastle as a leading European city. Joined by Newcastle City Council and a 25-strong delegation of leading businesses from across Newcastle and the wider region, we promoted the city’s opportunities to the global property market through a series of events and virtual reality experience.
Catherine Walker, Inward Investment Director at Invest Newcastle, said: “Our attendance at MIPIM was a huge success. The Newcastle pavilion was always busy and had a true buzz around it. Our partners were able to meet with key industry influencers and have come away with key contacts, new leads and signed deals.
“The show is an unmissable opportunity to showcase Newcastle as a core UK city, and promote the city’s opportunities on a global stage – securing long-term economic growth for Newcastle and the wider region.”
Pat Ritchie, Chief Executive of Newcastle City Council said: “Confidence is building momentum in Newcastle with many investors looking to the city and the regions outside of London for new and exciting investment opportunities. Newcastle is a Great North City brimming with opportunity and, as we demonstrated at MIPIM, at the core of our approach is the strong working partnerships we have with the private sector. We will continue to work together on delivering viable solutions which secure long-term economic growth for the city. Newcastle’s best days truly are ahead of us.”
Our Newcastle delegation brought forward a fresh portfolio of opportunities and attracted hundreds of MIPIM delegates to the pavilion through a series of events, covering topics such as, digital construction, PRS and revitalising old buildings.
GVA hosted a dinner alongside Newcastle City Council attended by key industry investors including Legal & General, Aviva Investors, M&G, Bruntwood and Muse Developments. Whilst Ryder Architects launched the masterplan for East Pilgrim Street and were announced as the assigned architects for Legal & General’s first Grade A office block on Science Central.
As part of the Newcastle programme Space Group we commissioned to create a 360 degree, 3D experience to allow users to explore development sites as if they were actually in the buildings. The virtual reality experience allowed MIPIM delegates to walk through and explore new and upcoming development opportunities in the city including Newcastle Science Central, Stephenson Quarter and North Shore.
Paul Bell, who represented one of our partners, Ryder Architecture, said: “This year was a step change for Newcastle. The pavilion had excellent footfall, visitors were always made to feel welcome and we had a positive message as a city to tell. The events in which we participated were well organised, well publicised and well attended. As a result Ryder had our most valuable MIPIM to date.”
In addition to Ryder Architecture 24 leading business joined the Invest Newcastle delegation including:
- Adderstone Group
- Arch – The Northumberland Development Company
- All Saints Living
- Bradley Hall
- Bim Academy
- Citygrove
- Cundall
- FaulknerBrowns Architects
- Gavin Black
- GVA
- Hanro
- Highbridge Properties
- Keepmoat
- Kier
- Meldrum
- Naylors
- NE1 Limited
- Newcastle Science Central
- Port of Tyne
- Quorum Business Park
- Samuel Phillips
- Silverstone
- SpaceGroup
- UK Land Estates
MIPIM was attended by over 24,000 delegates, from 100 countries, including 5,000 investors and financial institutions, confirming its position as the premier real estate event, gathering the most influential players from all sectors of the international property industry.
We have already begun planning for MIPIM 2018 and will build upon the success of this year in ordered to continue to drive economic growth for the region. To hear more about Newcastle’s presence at MIPIM or to join the 2018 delegation contact mipim@ngi.org.uk.