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MIPIM is in full swing in Cannes,

perhaps the world's largest and most critical commercial property exhibition. Here are a couple of the show's announcements:

Investors are focusing on the Americas rather than Europe. qatar dale

According to DTZ, investment capital available for commercial property increased by 3% in the last six months, with the Americas seeing the most growth.

The Americas grew at the fastest rate of any country, increasing by 8% to $124 billion. According to the consultancy, capital for investment in Asia Pacific increased by 3% in the last six months to $82 billion.

Investors, on the other hand, are also cautious of spending across boundaries.

"Funds are continuing to concentrate on their home market or country, reflecting the unpredictable market climate and investors' risk aversion," said Hans Vrensen, DTZ's global head of research. "Over 90% of resources will be invested domestically or within the same area in both EMEA and the Americas."

The Commercial Property Market in Ireland is Recovering

After years of stagnation, investors are refocusing their attention on Ireland. Colliers International predicts that investment volumes will exceed €1 billion by the end of the year, up from €600 million in 2012.

Colliers only registered €150 million in transactions in Ireland in 2011, as the market slowed.

Tax cuts, on the other hand, are helping to entice investors back, according to the company.

"2012 was a watershed moment in Ireland's investment market," Michele McGarry, director at Colliers International, told Property Week. "Interestingly, the bulk of the deals making up the €600 million amount closed in the final quarter as stock levels diminished." "As occupational markets remain very small, interest in secure prime assets has continued to buoy prices, while secondary and tertiary assets have seen further declines."

Trump Project to be Marketed by Cushman & Wakefield Brazil is a country that has a lot of

Cushman and Wakefield has been named by MRP International, the company creating the first Trump-branded project in South America, to lease space in the Rio de Janeiro development.

With more than 5.3 million square feet of space in five buildings, the Trump Towers project is described as "the largest ever urban office development in the BRIC countries." MRP International and Salamanca Capital built the project, which is located on Avenida Francisco Bicalho in the city's port district.

In a tweet, Stefan Ivanov, chief executive of MRP International in Brazil, said, "Trump Towers Rio will undoubtedly be the center of Porto Maravilha, which will become the modern and vibrant central business district of Rio de Janeiro."

CBRE: London is still the most popular destination for investors

CB Richard Ellis polled 362 investors and found London to be the most appealing investment spot. London came in third with 31% of the vote, ahead of Munich, Berlin, Paris, and Warsaw.

Last year's investment activity in London was the highest since 2007, according to CBRE.

"The current and substantial changes in leasing operation will reinforce the already high level of investor confidence in the central London sector," said Mike Edwards, CBRE's executive director for central London.

Although London was the top city destination, the respondents selected Germany as the top country for investment.

 

Boris Johnson gives a keynote speech in which he promotes London.

Boris Johnson, the mayor of London, has been a regular at MIPIM, using the event to promote the city to the industry. He gave the keynote address this year, setting the tone with his trademark wit and hyperbole.

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