THE SECRETARY of State for Communities and Local Government was among the hundreds of movers and shakers to hear about the investment opportunities available in the North East, at an event taking place this week.
The Right Honourable Gregg Clark spent time speaking to representatives from the region about the area’s vast opportunities for growth at MIPIM UK, an event running in London between Wednesday, October 21 and Friday, October 23.
Invest North East England – combining Durham, Gateshead, Newcastle, North Tyneside, Northumberland, South Tyneside and Sunderland councils, and a number of North East based private sector property professionals – was hosting an exhibition stand at MIPIM, an event that attracts potential investors from around the world.
Guy Currey, investment gateway manager for Invest North East England, which brings together the North East local authorities through one channel, said that Mr Clark was one of a number of key decision makers who spent time speaking to representatives from the North East.
He said: “As Secretary of State for Communities and Local Government, Mr Clark is a real influencer who has a key role in shaping the future of the region
“It was fantastic to be able to share the North East story with him and to highlight some of the many things that make our region an attractive proposition to investors, developers and occupiers who may want to commit to the area. We have a large number of great sites, that are ripe for investment, and by exhibiting together, we think we made a compelling case for the North East to the many individuals that attended the event.”
MIPIM UK provides an opportunity to showcase key regional development sites and investment opportunities and it is only the second event of its kind to take place on UK shores. The event was first held in October 2014 at Olympia, London, gathering a wide range of professionals looking to close deals in the UK property market including investors, developers, local authorities, occupiers, hotel groups, agents and business service providers. 4,000 participants and 575 investors from 35 cities attended.
This year’s event provided a forum for investors and developers to meet, discuss projects and close deals. More than 60 local and public authorities took exhibition space at MIPIM, including the likes of London, Manchester, Leeds, Sheffield and Glasgow.