COLUMBIA – MIPIM, the world’s leading global real estate market, business conference, and networking event, welcomed Missouri REALTORS® to its 2022 event in Cannes, France, March 15-18. Missouri REALTORS® were among the 3,800 exhibiting companies at the event and were featured alongside 10 additional state and local REALTOR® associations in the USA Pavilion, hosted by the National Association of REALTORS®.
Missouri allows you to reach more than half of the continental U.S. in less than a day’s drive, with most other states reachable in less than two. “With the seventh-largest interstate system comprised of 33,859 highway miles in Missouri, including international airports, an extensive river barge system, and Class 1 railroads, you can get where you need to when you need to,” said Missouri REALTORS® President John Mayfield. “A good location means everything, no matter the size of your business.”
Approximately 17,000 real estate executives from over 100 countries, including more than 6,300 investors, were in Cannes for the four-day annual gathering of the global real estate industry. The event brought together investors, developers, occupiers, architects, hotel groups, public authorities, city mayors, and property associations from around the world.
“Although we haven’t seen the end of the pandemic, with flights and borders opening and momentum building, foreign investment has grown,” said NAR President Leslie Rouda Smith, a REALTOR® from Plano, Texas. “Global investors stepped up their acquisitions in 2021, purchasing $52.9 billion of U.S. commercial real estate between the fourth quarter of 2020 and the third quarter of 2021. That’s a 45% increase compared with the previous four quarters.”
In addition to Missouri, markets featured in the USA pavilion included the states of Florida, Illinois, New Jersey, North Carolina, Rhode Island, and Tennessee. The metro areas of Coastal Carolina/Myrtle Beach, Metro New York, Miami, and San Diego were also in attendance.
In the attached photo, from left to right: Dennis Pruitt – Vice President of Business Development, Missouri Partnership; Janet Rodriguez Judd – Immediate Past President, Missouri REALTORS®; John Mayfield – President, Missouri REALTORS®.
Founded in 1936, Missouri REALTORS® is the largest trade association in the state serving over 25,000 members. As members of organized real estate, REALTORS® subscribe to a strict code of ethics and have access to numerous services and programs to enhance their professionalism within the real estate industry. Through collective strength, influence, and professionalism, Missouri REALTORS® unite to advocate for real property rights in Missouri, deliver comprehensive risk management programs and services, connect members through various media and events, and deliver association management services.