Pictured above: (l-r) Tim Garratt of Innes England, Matthew Tucker of Morgan Tucker, Mike Taylor of NRL, Richard Flisher of CPMG, Mark Bielby of Miller Birch, Ken Carter of Gleeds, Lorraine Baggs of IIN, David Williams of Geldards, Matt Hannah of Innes England

Eight powerful partner organisations from across the Nottinghamshire property sector will be leading 'Team Nottingham' when they showcase the city at MIPIM, the international property event.

The group, which includes property professionals from leading firms across the county, will be going to MIPIM in Cannes, which attracts thousands of investors and developers from across the globe.

Following the announcement that Nottingham City Council would not be going to the MIPIM next month because of cost, a group of business people - led by Tim Garratt of Innes England - joined together to find a way of attending.

The line-up of sponsor organisations from the private sector, whose combined commitment is £15,000, was finalised at a meeting this week. As well as six private sponsors, Nottingham Regeneration Limited (NRL) will also be attending as a guest organisation, as will Invest in Nottingham which is part of the city council. The private partnership will fund the attendance of Invest in Nottingham.

The team of eight are:

• Innes England

• Morgan Tucker

• Miller Birch

• Gleeds

• CPMG Architects

• Geldards

• Nottingham Regeneration Limited (NRL)

• Invest in Nottingham

Tim Garratt said: "Over the past few years, Nottingham has succeeded in establishing a recognisable presence at MIPIM, to the point where I think our absence would have been noticed.

"The reality is that we have to compete for inward investment, and when you are up against locations like Birmingham, Manchester, Sheffield and our own regional rivals you have to compete hard.

"The private sector partners involved in this year's delegation to MIPIM had no difficulty making a business case for being there. We have opportunities to market, requirements to compete for and we wanted to make sure that the Team Nottingham brand was out there and visible at the biggest event on Europe's property and investment calendar. We are pleased to be taking Invest in Nottingham, which won't be making a financial contribution - but we felt we needed their expertise and knowledge."

Jon Enever, partner at Gleeds, said: "On behalf of Gleeds Nottingham, we recognise the importance of MIPIM in terms of inward investment to the city. It's vital that we continue the good work of the last five to ten years. Nottingham must not lose ground in terms of investment to other core cities."

Mike Taylor, director at NRL, said: "We recently launched the inaugural Nottingham Commercial Office Market Review and the analysis in there points to the fact that the city's economy is likely to expand significantly in the years ahead, with more than 14,000 jobs due to be created between 2015 and 2025. We need high-quality office space to support that.

"But the momentum will begin even before then. We are due to see significant investment in the city's transport infrastructure very shortly, with the approval for funding for the extension of the tram and the plans to revamp Nottingham Railway Station.

"Not only that, but we are also about to see some welcome investment in the city's retail and leisure sector, with £40 million refurbishment of the Broadmarsh Centre and plans being formulated for a significant extension of the Victoria Centre.

"We saw last year that even in some of the toughest conditions the property market has had to face that major developments still take place in Nottingham. MIPIM will give us an opportunity to show that both private and public sector have every intention of making the most of the opportunities all this investment presents."

Lorraine Baggs of Invest in Nottingham, said: "It is a challenging financial climate for the public sector at the moment and Nottingham City Council has had to take a very difficult decision not to have an official presence at MIPIM this year.

"However, we very strongly believe that it is absolutely right to sell the city to potential inward investors because that represents a key plank of our efforts to grow the city economy and create new jobs and new opportunities for people."