International property conference MIPIM has been postponed by its organisers, triggered by fears over the global coronavirus outbreak.
The event is now scheduled to take place on 2-5 June, at the Palais des Festivals in Cannes.
Paul Zilk, chief executive of Reed MIDEM, said: “The well-being of our clients and staff is our priority. Given the evolving context, the best course of action is to postpone MIPIM to June.
“This is not a decision we have taken lightly. We believe these new dates will provide the international MIPIM community with the opportunity to achieve their business objectives.
“We are grateful to our clients for their support and constructive input during this challenging period, and we look forward to talking with them in the coming days about MIPIM in June.”
A string of major firms had dropped out of the conference, which was set to host 26,800 participants on 10-13 March.
These had included: BNP Paribas Real Estate, CBRE, JLL, Savills, Blackstone, EY, Commerz Real, Legal & General, Lloyds Banking Group, Avison Young, Knight Frank, Grosvenor, Greycoat, Landsec and PGIM Real Estate.
Cushman & Wakefield was the first big property firm to withdraw from the conference.
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