AUSTIN, Texas, March 28, 2019 /PRNewswire/ -- This month, Texas REALTORS® met with large scale investors from around the world and promoted Texas' booming business environment at Le marché international des professionnels de l'immobilier (MIPIM), the world's leading global real estate business development and networking event in Cannes, France.
"Texas' strong investment opportunities and friendly business environment has drawn attention both nationally and around the world. As REALTORS®, it is our duty to show international investors the wealth of opportunities that exist within our great state. At MIPIM, we had the responsibility of promoting Texas as a top place to live, work and do business to the world's leading investors," said Tray Bates, chairman of Texas REALTORS®. "Texas has a strong economic climate and is the top creator of jobs in the nation. Investors from across the world are choosing our diverse markets due to the quality of life and business friendly atmosphere we have to offer."
At the four-day MIPIM Conference, the association and members from several Texas markets showcased Texas real estate opportunities to 28,000 attendees and investors from more than 100 countries. This global business development by Texas REALTORS® resulted in a potential of up to $3 billion in investments returning to Texas. Such investments will lead to commercial and residential real estate and limitless growth opportunities for Texas.
Bates concluded, "National and foreign investors have taken notice of the opportunities available within our state. As Texas continues to lead the nation in relocation activity and job growth, we expect to see international investment continue to rise in the coming future."
About Texas REALTORS® (formerly the Texas Association of REALTORS®)
With more than 125,000 members, Texas REALTORS® is a professional membership organization that represents all aspects of real estate in Texas. We are the advocate for REALTORS® and private property rights in Texas. Visit texasrealestate.com to learn more.
About MIPIM
MIPIM, the world's leading property market, brings together all the key actors of the real estate business. Investors, developers, end-users, architects, hotel groups, public authorities and property associations gather in Cannes for four intensive days of networking, matchmaking and development of international business relations. MIPIM has established itself as an essential meeting place for city administrations who attend in order to both promote inward investment opportunities and discuss major key policy issues that urban conglomerations are facing around the world. Learn more at www.mipim.com.
CONTACT:
Morgan Moritz
Pierpont Communications
512-448-4950
[email protected]
SOURCE Texas REALTORS
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