Reed Midem confirms second edition of Mapic Shanghai in 2016
Following the success of the first edition of Retail Real Estate Market (RREM), organized by the French commercial real estate show MAPIC, its organizer Reed MIDEM has announce that the event will be held once again in Shanghai in June 2016.
More than 260 decision makers from 15 countries, including 150 retail representatives and 110 players in Chinese and international commercial real estate, gathering in Shanghai for two days of conferences, business appointments and shopping malls presentations.
Launched in partnership with the China Chain Store & Franchise Association (CCFA) and China Connect, RREM brought together players from Chinese commercial real estate, such as Wanda Group, Sands China, Carrefour China, Greenland and Inter Ikea Centre China.
International promoters were also present, including CapitaLand (Singapore), Hammerson (UK), Arcoretail (Italy), Trigranit (Hungary) and Thor Equities (USA).
As for retailers, the organizer welcomed Hugo Boss, Geox, Lancel, Adidas, Neuhaus and Mothercare.
"In China, all commercial sectors are growing exponentially, especially as regards to luxury, catering, fast retailing and e-commerce. All indications are that this growth will continue in the coming years as the purchasing power and demand of Chinese consumers increases," said Nathalie Depetro, Director of MAPIC and RREM.
Global retail consultant Chris Igwe briefly summarized the reactions to the first edition of RREM: "In five years, the Chinese market should be the largest in the world, providing development opportunities for both Chinese and international brands. The proliferation of high-end shopping centers and the growth of e-commerce are also remarkable. At the same time, it remains difficult to navigate the particularities of the market and its regulations, to anticipate trends and to select the right partners to gain a foothold in a market as large as China.” Clearly, for this consultant, "RREM offers a unique platform for those involved in international commercial real estate."
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