See you next year MAPIC…
Sun, sea, and over 8,000 of the world’s leading retail real estate professionals; it could only be MAPIC 2015. Representing four clients this year – Unibail-Rodamco, IKEA Centres Russia, Nakheel and Design International – Innesco is showcasing the breadth of its international partnerships. With back-to-back interviews squeezed around a packed conference programme, Innesco has hit the week running, or indeed cycling in the case of Innesco’s MD Dan Innes who once again joined 50 other professionals in the annual 740km ‘Cycle to Mapic’.
The inclusion of Unibail-Rodamco’s stunning Polygone Riviera on the front page of MAPIC News’ Day 1, demonstrated the excitement this year surrounding Europe’s largest listed commercial property company. Having recently opened both Polygone Riviera and Mall of Scandinavia, with a view to envy from its beachside stand, the group unveiled some of it’s highest profile development projects, representing a total pipeline of €8.2bn and 1.6million sqm.
Also a client deemed meritable of making MAPIC News was IKEA Centres Russia. Part of the IKEA Group and the largest shopping centre operator in Russia, the company was pleased to showcase the result of phase one in its impressive €30m food court upgrade programme. Innesco’s involvement with IKEA Centres Russia’s developments was coupled nicely with a shopping world conference on Wednesday afternoon, which covered the growth of the Russian consumer market.
One of Innesco’s newest clients, Nakheel, held meetings both in the Palais and The Majestic, as the largest retail developer in the Middle East returned to the retail real estate conference. A developer that is famous for masterplanning and delivering global landmarks such as Palm Jumeirah, The World, Jumeirah Islands and Ibn Battuta Mall, Nakheel was unveiling new projects in the Middle East worth €3.7bn, representing a pipeline of over 1million sqm.
Also operating in the Middle Eastern market and moored up in Cannes Harbour was another one of Innesco’s clients; Design International. The Middle East, highlighted as a retail market that was both booming and subsequently growing, was also covered in Day One’s conference programme. There was an insightful debate into the demands of international retailers, and where they were best suited in the Middle Eastern market: between malls, outlets and high streets. Design International – celebrating its 50th anniversary this year – kicked off MAPIC’s first day with a breakfast press briefing on its yacht, allowing them to sail right into the core of the discussion (and they certainly had a lot to discuss with two very exciting projects on the horizon). Recently appointed architects of the Avenues Mall, Silicon Oasis in Dubai, and of Avenues Mall, Sharjah, cemented Design International’s unique reputation as one of the industry’s leaders in retail architecture.
Four major, clients, making a deserved impact amongst the world of property and retail; it’s clear that MAPIC 2015 has been a resounding success for the Innesco team.
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