world’s property market 2020 postponed due to coronavirus

The World’s Property Market has been postponed until June, as the outbreak of Coronavirus ‘Covid-19’ worsens worldwide.

The convention was due to take place from 10 to 13 March in Cannes but has now been rescheduled for 2-5 June.

Canne’s World’s Property Market was expected to attract nearly 27,000 attendees from across the world, but a number of businesses that were scheduled to attend had already withdrawn from the event due to Coronavirus spreading across Europe.

On Friday, the news broke of the first confirmed case of Coronavirus in Cannes, after a fashion student contracted Covid19 in Milan. Latest reports suggest there has been a 50% rise in cases of Coronavirus in Italy, with 1,694 people reported to be infected with the disease. However, the spread of Coronavirus is relatively limited in France at present, with the 130 confirmed cases concentrated mainly in the North of France.

“The well-being of our clients and staff is our priority. Given the evolving context, the best course of action is to postpone” said Paul Zilk, chief executive of the event organiser Reed MIDEM.

“This is not a decision we have taken lightly. We believe these new dates will provide…the opportunity to achieve their business objectives. We are grateful to our clients for their support and constructive input during this challenging period…’

We’ll be in touch with anyone whose booking with Cannes Rental Apartments for the World’s Property Market has been affected by Coronavirus, to make sure you definitely get your accommodation for Cannes in June.