300 firms to take part in Dubai property forum
Dubai, March 3, 2014
More than 300 companies from 80 countries are set to take part in a property show which will bring to the table roadmaps for emerging markets to compete with more established real estate markets in Dubai next month.
A property show will bring to the table roadmaps for emerging markets to compete with more established real estate markets in Dubai next month.
The International Property Show (IPS), under the theme “Attracting Sustainable Real Estate Investment,” will take place from April 8 to 10 at the Dubai International Convention and Exhibition Centre, in association with The Royal Institution of Chartered Surveyors (RICS) International and Strategic Marketing & Exhibitions, the company organising IPS for the tenth consecutive year.
Dawood Al Shezawi, CEO of the organiser, said: “This conference comes at a time when institutional investors are looking at Dubai as a typical realty market that provide income generating assets in the mid and long run.
“Dubai is offering properties in prime centres with cash flows matching those of fixed income investments, reversing the old impression gained by the Emirate that it is a ‘flip’ market.”
“This conference will discuss local and regional market transparency and the factors that motivate international funds to commit large sums of money to the local market which we started to feel remarkably in the Dubai market since the start of 2014,” said Al Shezawi.
It will present strategies to be implemented by emerging markets in global real estate by adopting new technologies, developing sector-specific education and training, attracting nationals into the real estate sector, and creating opportunities for institutional investment, he added.
Other key topics in focus will include the role of regulation in driving transparency, market confidence and facilitating sustainable investment in emerging markets, he added.
It will also discuss the importance of adopting international standards and their impact on market transparency, ethical standards, interaction between professional bodies and government entities, showcasing past joint initiatives and demonstrating collaborative working and knowledge sharing.
“The idea to run the IPS concurrently with the Annual Investment Meeting is to maximise the number of investors visiting the exhibition,” said Al Shezawi.
“This conference will also host a special session on contracts, dispute resolution and dispute avoidance in the construction and real estate sectors, and how to avoid risk pricing, project delays and unwanted costs,” he added. - TradeArabia News Service