March 2009 Archives

MIPIM is Winding Down

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As the MIPIM merry-go-round starts to wind down the delegates retreat to the usual Croisette bars and with shiny sun and wind-burnt faces reflect on this year's show. Official numbers were put at 18,000 but some have guestimated that it may have been as low as 10,000.

While the talk has been of more business and less freeloading, there were still one or two lively sounding parties in tents at night on the Croisette and the bars at the Martinez end of the Croisette where the drinking action was taking place.

The lack of big announcements was also noticeable. Some of the UK's RDAs put their hands up and freely admitted they had nothing to promote, while others scrabbled around for what were obviously spurious announcements. One briefing was an announcement about... an announcement.

Notable faces that have caused a stir have been Boris (of course) who made his presence felt in the way only he can, Kevin McLoud of Grand Designs fame - who is very passionate about sustainability apparently - and Linda Barker, if you happened to go to the Bradford apartment.

The presence of Sir Bob Kerslake also caused a bit of a stir among those in the public sector.

And so it is time for a final bit of networking and then the clearing up after what has been a much more sober MIPIM.

MIPIM gets esoteric

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It's not just surveyors partying you know.

Michiel Rang, chief executive of ING's real estate finance division, began a panel discussion this afternoon by comparing today's financial meltdown to the Roman banking crisis of 33AD.

As I'm sure I don't need to tell you, this crisis saw bad fiscal policies lead to an excess of credit and dearth of capital, with resultant plunging land values.

Many aristocratic Roman families fell to ruin and shame, according to the historian Tacitus.

Rang's argument was that this proves that crises are perennial, and that what we are going through is not particularly exceptional.

I'd love to know what all you Latin economics scholars out there think.

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NB: other events to occur in 33AD included the death, resurrection and ascension of Christ, leading to the founding of Christianity. Slow news year, then.

MIPIM: Day 2 Draws To A Close

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The sun has set on the second day at MIPIM, a day when the event is in full swing. Everyone is talking about the dramatic drop in numbers and how much more "serious" everyone is. There is no need for the French police to marshall the crossings in front of the Palais and there certainly seem to be more locals promenading along the sea front without fear of being bowled over by a besuited MIPIM delegate rushing to an appointment, Blackberry attached to ear.

Tonight is Goodman's drinks - an event that in previous years became synonymous with faded 80s bands whose music lured people onto the dancefloor who probably haven't thrown a move since a cousin's wedding in '93. This year there has been no talk of a band and the drinks have been moved to the Eden Hotel into an early evening slot. Presumably everyone will be to busy being serious to have a bit of a boogie.

Yachtwatch: Is It An Italian Vessel?

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A telling sign of this year's more austere MIPIM is the empty harbour. Once normally crammed with yachts vying for best position, this year just one vessel is moored off-shore: a military vessel.

This ship once formed part of the Italian defence strategy. Apparently it is being used for entertaining by the Italian defence ministry which has put an array of barracks, forts and other military sites in Italy up for sale as it rationalises its property portfolio.

MIPIM Podcast

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We now have three podcast episodes up from MIPIM:

You can subscribe to the podcast in iTunes by clicking: Estates Gazette podcast
The blog coverage of MIPIM all seems to be Boris-centric still:

At MPIM this year, in keeping with the air of austerity (if drinking beer on the Riviera instead of champagne can be called austerity), there are no floating gin palaces out in the bay groaning under the weight of inebriated delegates.

However, one huge boat is dominating the seascape - a French warship.

A perfect metaphor for an industry with a gun pointed at its head ? Or a warning to delegates not to let things get too rowdy ?

Stockholm replaces Russia as glamour central

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IMG00061.jpgLast year it was the Russians who seemed overwhelmed by glamourous ladies adorning their stands and parading around the Croisette with material. This year the city of Stockholm has taken up the slack - only its hired glamour has a far more practical role than merely marketing. The ladies are handing out water to thirsty MIPIM-ites

Winding Up MIPIM Day 1

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The sun sets on the first day of MIPIM 2009 and everyone was talking about how much quieter it is. One prominent London developer, and I'll spare his blushes by not naming him, described it bluntly as "f***ing quiet".

There is less of everything: people, marquees, branded cafés and hotels. The public sector seem to be the ones waving the biggest flags but as Boris Johnson and Sir Howard Bernstein have both said in their own way: "how can you promote your city if you aren't here?".

Boris has provided much of the entertainment for the day choosing to deliver part of his speech to the guests assembled at the LDA drinks in French. He also pointed out that with the current exchange rate a meal at two star restaurant in Cannes would cost you €80 while the same meal in a similar restaurant in London would cost €25. I'm not sure he took into account MIPIM inflation though.

Overall the atmosphere has been a lot more serious and about getting as many bangs for your MIPIM buck as possible.

Value is even being squeezed out of the celebrity with Bradford Regeneration favourite Linda Barker - of Changing Rooms fame - required to work the stand in the bunker this year rather than swan around the airier and more pleasant apartment.

Wednesday is normally the day when MIPIM reaches its peak but on today's performance I think is going to be more of a Scarfel Pike than Kilamanjaro.

Le Fin

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Hard day racing against the clock to get to Cannes in time for Boris. Hope you've all caught it on the news tonight??? Steep climbs - great being a skinny girl as you can whip past the boys! Only for them to storm past you on the decent :-) Boiling hot, beautiful scenery, bikes... What more could you want? Perhaps a drink and some food on arrival.. Thankfully and generously supplied by Savilles. C2C not over though... We're all back together in Cafe Roma proudly displaying our medals, reliving the past 6 day. Until next year...

Spotted: David Pearl, disembarking at Cannes station at 5.30pm UK time.

 

Rugby shirt, shorts, rucksack on back, striding purposefully towards the Croisette. He'll have a deal done by dinner time, no doubt.

  Cyclists-at-MIPIM.jpgSavills has been welcoming the 63 Cycle to Cannes riders with a reception at its Café on the Croisette in Cannes.

Those who completed the 1,500 km relay cycling endurance event were greeted by Boris Johnson on arrival. Among them was Richard Eyley and James Tottle of Savills, Ed Sneddon of Derwent London, Thom Kilvert of Hopkins Architects, Barry Hughes of HOK International and Patrick Hawkins of British Land.

The riders are on target to raise £100,000 in sponsorship money for Land Aid as well as Article 25, The The Tom ap Rhys Pryce Memorial Trust, The Sarah Matheson Trust and The Duke of Edinburgh's award.

Some pics from EGMIPIM09 at the Cycle2Cannes finish, as our riders are welcomed by London mayor Boris Johnson:

Boris & The Riders
The arrival of Boris, Mayor in London, at MIPIM seems to be stirring interest in the blogs:

Meanwhile, other bloggers have been finding nooks and crannies of interest:

UPDATE:

Boris!

Boris Johnson waiting for the MIPIM cyclists on TwitPic

(click picture for full version)

The Official MIPIM Blog

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Reed Midem have an official MIPIM blog up and going.

Nottingham in the Pink

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Nottingham Boat in Pink
Spotted by EGMIPIM09 - the Nottigham boat looking very colourful...

Construction not canned in Cannes

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Welcome to MIPIM

Construction seems to have stopped everywhere but Cannes. The sound of drilling and building works fills the air, invading meetings for those unfortunate enough to have chosen an apartment next door - like Team Scotland for example.

Several of the big hotels are having work done including the Majestic which is partially covered in hoardings.

Last year, confidence in a quick recovery for property was destroyed when, the weekend before MIPIM, Bear Stearns collapsed. The conference took on a gloomy outlook, in spite of the sunshine.

This year, the weekend before the conference starts, the government took action to try to cure the ills of the banking sector through its asset protection scheme. This follows a period of gloom, with REIT share prices in the gutter and banks pulling back from property. Will we see a reverse in this year's conference, with people finally starting to believe it when they say now is a buying opportunity? The weather in Lille on the train down is grey skies and cold. Let's hope the sun is out in Cannes.

Early Morning MIPIM Photos

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Cannes Dawn
Early morning in Cannes, from Stacey Meadwell.

The French frigate Geupratte
The French frigate Geupratte, in Cannes to celebrate MIPIM's 20th anniversary, from EGMIPIM09. (Not sure which member of staff was using the account at that point)

Sun shines on chilly MIPIM 09

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The sun has risen on the first morning of MIPIM 2009, the weather is warm but the atmosphere is more one of a cold focus on getting down to business.

Whether that will change once the lunchtime drinks start to flow is a different matter.

Day 5 - Arriving in Aix-en-Provence

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Woowoo!! We have completed 5 days - one left to go! Everyone got their legs out this afternoon as the air warmed and the sun came out. Spirits high so the group was large as we sped at high speed through stunning scenery. Unfortunately you can get so hooked on the wheel in front you forget to look! Day topped off with a questionable dinner bringing the conversation round to what everyone is going to eat/drink on arrival in Cannes tomorrow. Its 170km with a 500m climb to start. Then we're picking up Boris Johnson as we enter Cannes for our honorary lap. And don't forget to watch the London Tonight news tomorrow who'll be interviewing those mad men who have completed every stage of this 1500km journey across France.

Things I've Learnt Travelling to MIPIM

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What I've learnt while travelling to Cannes:

  • The French have points failure too.
  • Loos in stations cost 20p more than British ones
  • The French for 'I'm on the train' is 'Je suis en le train'
  • A new funding deal for Kings Cross is going to be announced tomorrow.
  • Boris is going to greet the Cannes cyclists (imagine having cycled all that way to have Boris as your welcoming committee - he is a keen cyclist, I suppose)
  • And the old gent in sitting in front of me has plenty of underwear and doesn't want to eat at a friends house "because they'll cook and it will be something I don't like and I'll be forced to eat it".
The Manchester Partnership will also be blogging from Cannes on the just-launched Manchester at MIPIM blog.

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MIPIM itself doesn't get underway until tomorrow, but its already making its way into a few property blogs:

Message to RSHP

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Doug has gone mad - he's definitly earning every penny you helped us raise completing all stages per day bar one when his bike broke. I think he's been secretly eating Duracell batteries... Kevin stared slow, but is now averging 4 out of 6 stages a day. Perhaps planning a an all stager today?? Myself? 3 stages a day, but moving up to 4 today as its warm, sunny and the scenery is stunning. Body not quite broken yet :-) Each stage is between 40 and 60km. Bring on the hills!

Day 4 - morning message from Sara

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Hi - Sara here - another of the 3 girls on the trip... Really starting to feel the weather warming up now. The sun has warmth at 8am and the short gloves are packed in the daybag in anticipation for the afternoon. We've been flying along on the flats these past days- averaging 35km/hr or so. With the front group taking the wind for the rest, it's a joy to ride and the speed is really exhilirating for the amatauers in the group. Rolled through orchards and the usual small villages this morning, watching the sun rise behind the hills and mist. It's now 8.30am here and there's still 11 hours of riding to go. Realising most of London is still asleep as I listen to teammates call their children on the way to school. Not sure what I'm going to have to talk about tomorrow at MIPIM- I've forgotten about the rest of the world. Can't wait for a long lie in on wednesday!
Cycling in Cannes in 1999
This year's current crop of cyclists aren't the first to head down to Cannes on bike. This pic above is of the 1999 EG Transport Challenge cycling team, with people from Stockley Park and EG's own Stacey Meadwell.

I took the picture after they arrived in Cannes. I beat them down there, but I was on a rather more leisurely mode of transport:

Approaching Chanas

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Decending into Chanas, red skies, adrenalin pumping and images of tonight steak and frites dinner...

Day 4 - ascents and descents into Chanas

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After a miserable morning following last nights miserable dinner... The wind dropped, the sun came out. Almost all 66 riders out enjoying the ascents and descents... With the thought of tonights steak dinner on everyone's minds we rolled into Chanas at a speedy 35km/hr.

Windy

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The diet of carbon fueled energy bars, gels and drinks taking its toll. Hampered even further by a strong head wind. Very little banter in the peleton. The experienced ones weren't wrong when they said today is the toughest. Scenery changing - lots of small rural villages - its like going back 50 years. Lots of dogs and horses going mad as we pass, and even the odd deer. Time for a quick snooze on the coach before we head back out again...

Day 3 - Reims to Dijon

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Great day - spirits really lifted by time we reeled into the hotel at 8pm... Late but some great decents. Really got the speed up as we wound down the hair pin bends. And couldn't come soon enough - the morning rides had been rather dull.. Endless straight roads through an open landscape of vast fields. Day finished on a rather strange seafood pasta dinner in Dijon (how far from the sea?). More testing than the road. Everyone red faced and tired. Half way there :-)

Day 2 - Calais to Reims

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Longest day today - 320km. Not sure anyone has managed all of it, but def some who did 5 of 6 stages totalling around 270km + an extra 15km as we went the wrong way at one point! Myself? A respectable 175km today. Looking forward to dinner as starving! Great day though. Chilly and icy start turned into glorious sunshine with a tail wind - not a cloud in the sky as we sped at speeds averaging 26km/hr through a beautiful rolling countryside where the roads stretched out before us. This is what its all about :-) A few falls, but nothing serious - and a few aches and pains keeping the lovely SMART girls (Zara and Alison) busy. Thanks girls for taking care of us! Bring on tomorrow...

Dark

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Morning! Its very dark outside....

First day, job done

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Leaving Greenwich Park at 9am this morning already seems a long time ago. It's good to be back on the road, my third c2c and perhaps the fact that I know the ropes means I've been even more excited about this one than previous editions. Holed up in Calais holiday Inn this evening it's time to think about the journey ahead. Today's jaunt down from London to Folkestone like a mini rehearsal for the much longer, colder and darker stages to come - tomorrow covers over 300km alone! Allez Allez!

Day 1 - Greenwich to Calais

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We are now in Folkstone - bikes packed away and riders on the coach. A bit chilly at times today but can't have been too bad as I think I have got sunburn. Everyone inspired for the week ahead.

Today's 90km passed quickly and with no mishaps. An amazing sight - 66 cyclists in pairs weaving through the countryside. Big thanks to the British Cycling motorbike escorts - superb job. And what a treat to go through red lights :-)

Next stop France...

Lycra in Greenwich

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Clear blue sky... A rainbow of lycra colours descends on Greenwich. Excited and nervous banter as everyone prepares to head off. 20 mins to go...

The day before...

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Hello, my name is Annabel and I'm one of 3 girls taking part in Cycle to Cannes with 60 odd men...

If you don't know, Cycle to Cannes is an annual 6-day 1500km cycling relay endurance event. You can find out more information at www.cycle2cannes.org.

We leave at 9am from Greenwich tomorrow - wish me luck and follow my progress!

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