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Anti-Mipim

Financialization of Mass Rental Housing in Germany: Understanding the Transaction Cycles in the Mass Rental Housing Sector 1999–2015

in:Barbara Schönig | Sebastian Schipper (Eds.): Urban Austerity: Impacts of the Global Financial Crisis on Cities in Europe, Verlag Theater der Zeit 2016

1. Introduction In Germany, since 1999, more than three million rental housing units have been traded in the context of large‐scale transactions. Sales to “financial investors” played a dominant role among […]

Anti-Mipim

#antiMIPIM 2015: Tenants and bank tenants against Blackstone

Among the many financial investors present at MIPIM 2015 is the huge private equity firm Blackstone L.P., which calls itself “the world’s largest private sector owner of real estate assets”. Through buy outs of distressed subprime mortgages and other real estate assets it recently became a big landlord in the U.S. and in Spain. […]

accusations

MIPIM 2015: International finance funds landed in Spanish housing

International finance funds have recently landed in Spain to take advantage of post-housing-bubble ‘bargains’. With very bad consequences for people affected by the crsis, the international commission of PAH said at the occasion of the MIPIM 2015.

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Anti-Mipim

MIPIM 2015: Destructive Istanbul canal project presented as highlight

Also Turkey and Istanbul are very present at the MIPIM this year. One of the “highlights” is the presentation of the giant project of a canal between the Marmara Sea and the Black Sea. This “second Bosporus”, one of president Erdogans manic ideas, is a fundamental threat to nature and man.

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Anti-Mipim

The first year of anti-Mipimism in London

London since many years is facing unprecedented levels of housing marketisation and commodification. No wonder that local activists took the slogan against the MIPIM 2015 in Cannes when the business planned a Mipim UK in last October. Here broad and loud protests really had some effect and disturbed the opening of the official fair. […]

Anti-Mipim

MIPIM 2015: Concentration in the German financialized housing sector

While inhabitants in Spain are facing a new wave of mortgage sales to private equity funds like Blackstone, a current main trend in the German residential property sector is the concentration of housing capital in a few listed joint stock companies. Most of them – and also their big shareholders -are present at MIPIM […]

Anti-Mipim

The first year of Anti-Mipimism

Currently the annual MIPIM is taking place in Cannes. Twelve months ago housing rights groups for the first time raised their voice to protest against this international real estate fair. “25 years of Mipimism is enough” they stated. Half a year later people in London took the slogan and delayed the opening of the […]

Anti-Mipim

Statement of support for Anti-Blackstone actions of today

Tenants Association of Witten (Ruhr, Germany)

From the point of view of the Tenants Association of Witten (Ruhr, Germany) we can very much welcome the actions of today in Barcelone, New York City and San Francisco, which protested against the housing business of Blackstone, one of the largest private equity firms worldwide.

In our […]

Anti-Mipim

Transnational action today against private equity giant Blackstone

Blackstone is one of the largest private equity firms world wide. It also is used to “invest” the money it collects into speculation with housing and mortgage in many countries, the U.S., Spain, Germany forinstance. Recently it bought up parts of the publicly bailed out Catalunya Bank. People from the orgnaization of those affected […]

Anti-Mipim

Enough is enough, #stopMIPIM , deliver the housing we need.

Diverse housing action groups in London have called for protests againt the real estate fair “MIPIM UK”. Hashtag for the campaign is #stopMIPIM.

Here is a flyer from the the “radical housing network“:

 

MIPIM, the world’s biggest property fair, is coming to London, October 15-17th.

MIPIM proudly describes itself as the world’s […]