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Cityscape Abu Dhabi 2009 from Apr 19: According to the organizers of Cityscape Abu Dhabi 2009 - IIR Middle East, available exhibition space at the Abu Dhabi National Exhibition Centre is more than 85% sold and some of the region's biggest real estate players are sponsoring the event. The economic slowdown and the corrections of global real estate prices are failing to dampen industry enthusiasm for the real estate show to be held from April 19-22, 2009 in the UAE capital.
Jones Lang LaSalle MENA Investor Sentiment Survey published in the 4th quarter of 2008 recognized Abu Dhabi as the GCC market where real estate market conditions are expected to improve the most over the next 12-24 months. ‘It is apparent that this market is seeing major growth as revenues from the oil sector are being invested in urban infrastructure and real estate projects within the emirate.'
Mark Goodchild, Exhibition Director, Cityscape Abu Dhabi, said, "The UAE capital of Abu Dhabi is currently one of the most talked about real estate markets in the world. While the global property development industry is currently facing certain challenges, Cityscape Abu Dhabi provides a timely opportunity to reassess where the longer-term returns for real estate investment lies."
Cityscape Abu Dhabi 2009 will bring together regional and international investors, architects, designers, developers, government authorities, key decision makers and senior executives involved in the design and construction of both public and private real estate developments.
Related Stories: Abu Dhabi to streamline realty transactions Paris Hilton to plunge into Dubai Realty? Realty investment in Abu Dhabi to cross Dh200bn Realty 'Demand/Supply imbalance' helping Abu Dhabi Moscow's International Property Show kicks off Cityscape Dubai 2008 from Oct 6-9
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