Friday Letter PERE goes to MIPIM

Last night, the three-day extravaganza known as MIPIM, the world’s largest property conference, came to a close. But as approximately 25,000 real estate revelers leave the south of France, conference delegates of a different sort will soon be streaming in. In a few weeks time, Cannes will host not only the legendary film festival, but also the Hot D’Or, otherwise known as the European adult video awards. Coincidence? Perhaps not.