Newcastle to showcase 'incredible investment opportunity' at Mipim

Public and private sector bodies are collaborating to promote Newcastle's investment prospects at Mipim, the world's premier property conference.

Invest Newcastle, a service delivered by NewcastleGateshead Initiative (NGI), is spearheading a delegation to the event in Cannes next March. The group has teamed up with organisation including Newcastle and Gateshead councils, NCG, Avison Young, Ryder Architecture, Eldon Square, and Gainford Group to spotlight key developments in the city

At Mipim, Newcastle will host a series of events focusing on themes such as collaborative efforts, skills acquisition, the creative sectors, and impactful investing. The delegation also plans to team up with Invest Saudi Arabia amid burgeoning ties between Newcastle and the Gulf nation.

NGI Chief Executive Sarah Green praised the timing of the conference during a preliminary meet-up, saying: "Newcastle comes through really strongly and is a core destination for investment and for people to come to. I think that the opportunity we've got in Newcastle and Gateshead, I don't believe there are any core cities that have the same level of opportunity.

“If we bring together the two sides of the river and look at the opportunity in Gateshead for the riverside renaissance and look on the other side at things like the Forth Yards development. There’s absolutely incredible the investment opportunities there is in our city centre, and the opportunity for transformation in a city that’s brilliantly connected to two capitals in Edinburgh and London and with an international airport that gets us out to over 80 destinations," reports Business Live.

The annual Mipim event attracts more than 20,000 delegates from over 100 countries, with cities, regions and nations competing for investment from property funders. Newcastle and its partners have been exhibiting at the event since 2015, attracting backing for a number of high profile development projects.

The mayors of Athens and Cologne, plus senior executives from companies including Legal and General, Canary Wharf Group and Zurich Insurance, are among those scheduled to speak at the event.