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鈥淚 do not in any way want to deter international investment,鈥� said Boris Johnson this week, as he walked the fine line between appeasing an electorate worried about overseas buyers sending London house prices soaring, and ensuring London鈥檚 door remains open to the global super-rich.

Perhaps he needn鈥檛 worry. If footfall on stands across the Mipim conference is any indicator of investment interest, then London was holding a commanding lead. The stands of the much-vaunted growth markets of Russia and Brazil were empty by comparison, leaving the statuesque ladies staffing them with little to do.

The consensus among delegates was that after the last drop of champagne was quaffed in Cannes, there would be equally serious amounts of concrete to be poured at sites across London. There were, I was told, real deals to be done 鈥� a distinct change from recent years at Mipim. So much so that clients are becoming increasingly worried about price hikes while contractors are worried about skills shortages and the inevitable cost implications.

鈥淵ou can鈥檛 get a planner in London for less than 拢95,000,鈥� one contractor grumbled.

In many ways it feels like the dawn of a new era, and new problems to go with it.

Though I鈥檓 sure they are just the sort of problems London鈥檚 mayor will be happy to have.