Property show grows in size
Dubai, June 26, 2007
International Property Show 2008 is witnessing high exhibitor interest in its fourth edition, say show organisers Strategic Marketing & Exhibitions.
This is the biggest transactional property exhibition in the region.
The event, which will take place from February 17 to 19 at the Dubai International Exhibition Centre (DIEC), is set to further consolidate the stature of the real estate show with major regional and international players having reserved 20 per cent of the exhibition space till date and more exhibitors are expected to confirm their presence in the coming months.
The organisers have also announced that the 2008 edition will cover halls 1, 2, 3, and 4 with a total area of 17,300 sq m and footfall is expected to top 27,000.
The impressive growth of the 2008 edition follows the resounding success of the 2007 show, which prompted the majority of the participants to confirm a larger presence at next year’s exhibition.
Dawood Al Shezawi, managing director, Strategic Marketing & Exhibitions, said:
“The tremendous success of the last edition has spurred keen interest from major players in the real estate and property markets across the globe, and to date, we have witnessed a record 20 per cent space reservation.
“Considering that we still have eight more months to go before the show, we expect more participants to confirm their presence in the near future, and we are confident the 2008 exhibition will exceed the previous editions in terms of the number of exhibitors, visitors, and the value of sales.”
Headlined by major international and regional property developers, the International Property Show 2007 ended a three-day run with multi-billion dirham deals including $170 million worth of sales for the international exhibitors.
The show featured flagship property projects from regional and international property and real estate developers from over 70 countries and registered almost 19,000 visitors.
“Last year’s edition concluded on a very positive note with international and regional property developers featuring prominently and closing multi-billion deals,” added Al Shezawi.
“A majority of the exhibitors confirmed their presence in 2008 even before the 2007 edition ended.
“As the exhibition continues to attract worldwide interest among major developers and high-value investors, we are poised to keep innovating in order to be always relevant to the increasing number of participants and visitors.”
International Property Show 2008 will feature prime real estate projects from across the globe ranging from commercial properties to high and low-density residential developments, distinctive leisure and shopping centers as well as upscale resorts and hotels.
The biggest transactional property exhibition in the region is also recognised as a powerful networking platform, which attracts leading players from the local, regional, and international property markets along with related industries and high net-worth investors.
The International Property Show is the region’s comprehensive public and trade exhibition for the international and regional property market.
Organised by Strategic Marketing & Exhibitions, the exhibition will bring together international and regional exhibitors, property developers, financiers, real estate agents and consultants, designers and others involved in the real estate industry in the UAE and the Middle East and prime real estate markets in the world.
Last year’s edition was a huge success with multi-billion dirhams worth of deals conducted over the three day run and more than 18,764 visitors from 70 countries, with a majority of 60 per cent from the corporate sector. TradeArabia News Service