Newcastle to be sold to the world at massive global property event

A bid to bring more investment into Newcastle will be made at the world’s top property show next year.

Invest Newcastle – a body set up to attract investment to the city – is taking private and public sector organisations to Mipim, a four-day international property held each year in Cannes.

This will be the fourth year that New Castle has had a presence at the event, with a stand providing a platform to engage with delegates on the city’s strengths and expertise around digital, technology, culture, healthcare and innovation.

There will also be a focus on the North of Tyne devolution deal and the opportunities it could bring.

As well as Invest Newcastle, which is run by the NewcastleGateshead Initiative on behalf of Newcastle City Council, there will be a presence at the event from Gateshead Council and from companies including Ryder Architecture, UK Land Estates and Engie. Other partners include the High Street Group, Naylors, Quorum Business Park, The Hanro Group, Gavin Black, Port of Tyne, Deloitte, Knight Frank and Union Property.

Catherine Walker, inward investment director at Invest Newcastle said: “With six months to go until Mipim we were very keen to bring our Newcastle delegation together and launch our programme for 2019.

“It is vital that we continue to have a strong presence at Mipim, it helps us position ourselves as a leading city, secure investment and support growth. Not only does this event helps us raise the profile of our region, businesses can develop strategic relationships, pitch ideas to key decision makers and connect with investors.

“Back in March 30 partners joined us, making it the biggest delegation to date. A huge thank you to everyone who has committed to be part of our 2019 delegation again, and a huge welcome to brand new partners Deloitte, Knight Frank and Union Property. We are on track to make next year our biggest yet.”

Council chief executive Pat Ritchie said: “This is an exciting time for Newcastle and the wider region and we are pleased to support the private sector at Mipim again this year. The spotlight is now on Newcastle with major developments taking shape across the city and at a time when devolution offers significant new possibilities with our partners North of Tyne.

“Mipim offers a real opportunity to showcase what we have to offer alongside other major cities and by focusing on our key areas of expertise at next March’s event I feel we are in a very strong position to again attract interest from global investors.”

Commercial property agency will be sponsoring an investor dinner at the event.

Gordon Hewling, regional senior director at GVA said: “Once again, we are delighted to be supporting Mipim. It is a great platform to promote our region to investors, developers, inward investment companies and potential occupiers.

“We see this as an excellent opportunity to work alongside public sector authorities and other private sector partners to promote the major regeneration projects we are involved with, including Newcastle Helix, East Pilgrim Street and the Stephenson Quarter. It is crucial for us to be part of the conversation at this event, helping to highlight the connected effort of partners in supporting the city to achieve its economic ambitions.”