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Sutton Council to attend MIPIM for first time in 2017

sutton_logo_rgb_540pxSutton Council is to attend the international property investment conference MIPIM for the first time.

MIPIM (Le marché international des professionnels de l’immobilier) is an annual event that takes place in Cannes, France. It draws together the most influential players from all sectors of the international property industry.

Between March 14 – 17 council officers will be presenting opportunities for investment in the borough, as part of a London-wide delegation. Sutton Council’s attendance is supported by local Business Improvement District (BID) organisations KIPPA BID and Successful Sutton, and by sponsors Barratts London, Lambert Smith Hampton, Mizen Homes and Willmott Dixon. Support from sponsor organisations – businesses with diverse local links and backgrounds of development in the borough – marks the importance of marketing Sutton as an attractive investment opportunity to the industry leaders who will be present at MIPIM.

Chief Executive Niall Bolger, Head of Economic Renewal and Regeneration Amanda Cherrington, and Strategic Director of Environment, Housing and Regeneration Mary Morrissey will represent the borough. Sutton’s focus at MIPIM will be attracting investors and developers to The London Cancer Hub, opportunities within the Sutton Town Centre Masterplan, and the Sutton Draft Local Plan.

Councillor Jayne McCoy, Chair of Housing, Economy and Business Committee at Sutton Council, said:

“We are ambitious for Sutton. We want to secure prosperity for future generations so there are the quality homes and jobs our residents want and need. Competition for investment is fierce and Sutton needs to step up and take its place at MIPIM alongside other forward-thinking local authorities seeking the best for their residents.

“MIPIM is where the business and industry leaders seek the best investment opportunities, and with the London Cancer Hub project Sutton has an offer of global significance.”

Niall Bolger, Chief Executive of Sutton Council, said:

“The time is right for us to be promoting Sutton to a global investment market. We have the potential for 6,300 new homes, £3.2 billion in investment and 19,000 jobs over the next 20 years. The London Cancer Hub will create a world-class life science campus specialising in cancer research, drug discovery, treatment, education and enterprise. It has the potential to generate £1.1 billion for the UK economy each year. It will bring extra jobs to Sutton and result in the development of up to two extra anti-cancer drugs every five years.

We don’t choose to go to Cannes. We choose to speak to the 4,800 investors and 1,280 developers that go there to find opportunities for investment, including the specialist life science investors that attend MIPIM. Almost every major city in Europe will be attending, as well as almost half of London’s boroughs. In a highly competitive market we must be proactive in seeking the best for Sutton.

Attracting high-quality developers and investors to the borough will help the council achieve its plans as laid out in the Sutton Town Centre Masterplan and the Sutton Draft Local Plan, and enable the development of the ground-breaking London Cancer Hub with its partner the Institute for Cancer Research, London, in association with the Royal Marsden NHS Foundation Trust.

You can see a folder containing the material with which the team will promote Sutton as an opportunity for investment by clicking here.

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