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Mipim is the most important real estate exhibition in the world. It attracts exhibitors and visitors from across the globe. As usual, Luxembourg occupied a prime position just inside the front door. Jones Lang LaSalle Managing Director Luxembourg and Head of Capital Markets Belux, Olivier Bastin, took the opportunity to explain how the Luxembourg market is performing, and what Mipim represents for the Grand Duchy.
Firstly, give us an overview of how the Luxembourg market is faring in this emerging from recession period.
Olivier Bastin: The market can be split into two. In the letting market, there is clearly some improvement. As we come out of the crisis, there are two major types of corporates in this market...
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