A few choice remarks from busy delegates that paint the scene on the second day of this year’s MIPIM
“We used to own the McDonald’s in Copenhagen. The best property in the city, in a way. We never let the upper floors because it stank of burgers. The only tenant we ever had interested was the sex museum because it was tourist central. Our puritanical US investors simply ruled it out, though. And that was the end of that asset management opportunity.” – A frustrated fund manager
“Our PR team has said that all of us hosts for this event have to wear these flowers on our lapels. I’m not sure we thought it through. It looks like we have all just married each other. Mind you, I have just thrown an expensive party for a load of people I don’t really know. Sounds like a wedding to me…” – An uncertain party host
“Monaco? No. That’s not for me. I’d rather eat snails – and I hate snails – than a club sandwich that costs €50.” – A homesick UK delegate
“Our client insisted on watching the football. So we had to get a projector into the restaurant at the last minute. If not, he wouldn’t come. Twenty minutes later, two nil down and he wants it switched off. I give up.” – An eager-to-please adviser
“A large beer at the Majestic is €20. €20! At what point would they have to get to where we actually said, ‘No, we’re not buying them, this is ridiculous’?” – A fleeced investor
