Trade tensions and technology tackled head-on at MIPIM Asia 2018

November 30, 2018 - 10:42
Trade tensions and technology tackled head-on at MIPIM Asia 2018

Closeto 1,000 real estate leaders assembled at APAC's leadingproperty summit


HONG KONG, CHINA - Media OutReach - November 30, 2018 - Hundreds of movers and shakers from APAC's fast-paced real estateindustry assembled for the region's premier property summit, MIPIM Asia.


More than 900 industry leaders, representing 570firms from 36 countries, descended on the Grand Hyatt Hong Kong, on November27-28, for the must-attend annual event.


Technology and trade tensions were among therecurring themes throughout the packed programme of presentations, panel talksand keynotes, which welcomed more than 90 speakers appearing across six stages.


Headline speaker Ronnie C Chan tackled current affairs head-on in a hard-hittingtalk entitled The China Growth Story: How Will it be Impacted by the US-ChinaTrade War?


"Trade is not a big deal -- everybody will lose, butas far as China is concerned, it won't hurt that much," Chan reassuredattendees. "Like it or not we live in a 'G2' world -- but it does not have to bea bipolar world. Many, many issues cannot be resolved unless we work together --we can compete in tech and trade, and be friends too. That is the world we'relooking for."


Also among the star attractions were Google geospatial technologist EdParsons, TripAdvisor's Head ofDestination Marketing APAC Sarah Mathews, and leading China expert Dr Jonathan Woetzel, a director atMcKinsey & Company.


Hard questions were also asked about the prospectfor investment in post-Brexit Britain at the UK: Still Great Tomorrow? session-- but a robust argument was put forward by the heavyweight panel, whichincluded British representation from Birmingham City Council Leader Ian Wardand Department for International Trade Senior Advisor Sir Edward Lister.


MIPIM's global director Ronan Vaspart laid out theconference theme Invest in a Better Tomorrow, telling delegates that MIPIM Asiawould "invite you to imagine the world in 2030", while a touch ofstar power came from TV host Desmond So.

Mr Vaspart said: "Once again MIPIM Asia has proveditself to be the must-attend event for property professionals across the AsiaPacific region.

"Over the past two days we've heard somefascinating insights from some of the most important voices in the industry, aswell as considering fresh perspectives and embracing voices from the world ofretail, technology, proptech and more.

"And of course we've offered invaluableopportunities for networks to be built and contacts to be forged -- andhopefully, soon, for deals to be struck."


The annual Meet the Chairmen session offeredinvestors frank advice and learned predictions from an established panel ofindustry leaders, which included: KennethGaw, President and Managing Principle of Gaw Capital; George Hongchoy,CEO of Link Asset Management Ltd; Nigel Slattery, founder and CEO of the Slattery Property Group and François Trausch, Global CEO of Allianz Real Estate and Andrew Weir, KMPG's Global Chair of Real Estate and Construction, all moderatedby Mingtiandi founder Michael Cole.


Dealmakers had plenty more to chew on at a seriesof compelling talks as part of the dedicated Investment tract, which attractedseasoned industry types for a round of insightful sessions focusing on theprospects and opportunities for the region's property market -- such as KeyInvestment Trends in Asia Pacific, Investment Strategies in Top Markets in AsiaPacific and Asian Cities: Investment & Opportunities Outlook.


Meanwhile Europe was declared very much open forbusiness at the BRI: European Opportunities panel, which hosted speakers fromfour key European cities -- London, Paris, Amsterdam and Moscow -- to talk aboutthe prospects for investment in light of China's ongoing Belt and Road Initiative (BRI), a multi-billion dollar cross-borderprogramme of infrastructure development in Asia and Africa.


Guests were invited to imagine the cities and homesof the future at a series of sessions dedicated to innovation and trends, suchas co-living which was discussed at Housing Trends for the Future, and co-workingat the Flexible Workspaces: Revolution of the Office Market panel talk.


Opening the programme on November 27, Dr Jonathan Woetzel, outlined hispredictions in a fascinating keynote entitled Smart Cities: For a More LiveableFuture.


"I can already see that people have differentreactions to that subject," he quipped, taking to the stage. "There'sso much noise around smart cities, so much hype -- but it's important to get thefacts. That's what this is about: The facts."


MIPIM Asia also hosted the dedicated Retail Forumoffshoot, powered by MIPIM sister showMAPIC. Highlights included the opening Retail Property Outlook panelfeaturing Nicholas Bradstreet of Savills, Michael Ross, Vice Chairman of CPGroup and Chris Wu, Managing Director of Chongbang Group.


Retailers also flocked to hear the thoughts of DrWilliam Lo, Vice Chairman of China's largest toy retailer, Kidsland. "I don't believe physical retail will die,especially in Asia," said Lo. "In Hong Kong we live in very small spaces,we need to go out, so the shopping mall is very important."


MIPIM Proptech Asia: On theRoad to a Bright Feature


Taking place concurrently to MIPIM Asia was thefirst edition of MIPIM Proptech Asia -- a regional spin on the thriving propertytechnology summit, following from successful editions of flagship MIPIMProptech NYC and this year's debut MIPIM Proptech Europe.


The standalone programme launched a day earlier onNovember 26, with a networking event and keynote speech from Carrie Law, CEO ofChina's largest international property portal, Juwai. Other speakers who appeared as part of this dedicated seriesincluded Microsoft's Wincy Chan,Anuj Nangpal of JLL Spark, Knotel's Ed Shenderovich and AndrewYoung of Sino Land Company -- who allparticipated in the optimistic opening panel talk Proptech: On the Road to aBright Future.


The MIPIMStartup Competition saw six fledging firms serve up energetic, realityTV-esque pitches to an expert judging panel -- made up of Hong Kong King WaiGroup's Antonio Chan, Jayne Chan of InvestHK's StartmeupHK, Real Estech co-founderVincent Pavanello and Christopher Tay of sponsors Union Investment Real Estate-- all conducted by the upbeat personality of Master of Ceremonies Aaron Block, Co-founderand Managing Director of MIPIM Proptech global partners Metaprop NYC.


The winning entrants NEOMA & Untitled Groupwill now be invited to compete in the global MIPIM Startup Competition finals,at the flagship MIPIM summit -- which celebrates its 30th anniversaryin Cannes on 12-15 March 2019.


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Notes for editors

About MIPIMAsia Summit

MIPIM Asia Summit is the annual property leaders' summit in Asia Pacific organisedby Reed MIDEM, is widely seen as a "must-attend" event for leading industryprofessionals. It features expert-led conference sessions, premium networkingaccelerators and an exclusive awards gala dinner over a two-day period. Distinguishedspeakers, senior executives, high-level business professionals and industryexperts from around the world will discuss the latest developments andprevailing trends in the property and retail industry. MIPIM -- the world'sproperty market is the leading and largest global property event. The four dayevent takes place annually in Cannes every March. 24,200 delegates attended in2017 with 5,000 investors, and 100 different countries being represented.


About Reed MIDEM:

Founded in 1963, Reed MIDEM is an organiser of professional,international markets that are essential business platforms for key players inthe sectors concerned. These sectors are MIPTV, MIPDOC, MIPCOM, MIPJUNIOR inCannes, MIP China in Hangzhou and MIP Cancun in Mexico for the television anddigital content industries; MIDEM in Cannes for music professionals; EsportsBAR in Cannes and in Miami for the esports business; MIPIM in Cannes, MIPIM UKin London, MIPIM Asia Summit in Hong Kong and MIPIM PropTech NYC in New Yorkand MIPIM PropTech Europe in Paris for the real estate industry; MAPIC inCannes, MAPIC Russia in Moscow, MAPIC Italy in Milan, MAPIC India in Mumbai andMAPIC Food & Beverage in Milan for the retail real estate


AboutReed Exhibitions:

Reed Exhibitions is the world's leading events organiser, with over 500events in 30 countries. In 2017 Reed brought together over seven million eventparticipants from around the world generating billions of dollars in business.Today Reed events are held throughout the Americas, Europe, the Middle East,Asia Pacific and Africa and organised by 38 fully staffed offices. ReedExhibitions serves 43 industry sectors with trade and consumer events. It ispart of RELX Group, a global provider of information and analytics forprofessional and business customers across industries.