Previous Page  4 / 5 Next Page
Information
Show Menu
Previous Page 4 / 5 Next Page
Page Background

4

Mazaya Monthly Real Estate Report -

Week 1 - April 2016

Dubai

The concept and content of these

activities, in the region, has been best

reflected in the success achieved by

the Emirate of Dubai, which is now

renowned – internationally – as a host

city for many exhibitions, across many

industry sectors. With a packed exhibition

schedule, throughout the year, the city

embraces a large number of local and

international exhibitions and other events,

currently amounting to an annual number

of 93; an average of 1.79 events per week.

Dubai has also succeeded in gathering

hundreds of real estate development

companies from all over the world to

offer and regularly showcase their

real estate projects to developers and

investors. In addition to international

MICE events, there are many domestic

real estate exhibitions directed to

different investor segments. Some

of them aim to boost collaboration

between Dubai and other cities, with

others lending focus to ancillary

industries connected to real estate,

like interior design and decoration.

Gulf-based investments in Turkey

reached 30 per cent of the total foreign

investment into the country, in 2015,

with the country’s real estate market

continuing to attract evermore high-

end foreign investors. This is backed

up by direct government involvement in

developing infrastructure and placing

real estate development among its core

priorities for economic development.

Turkey

Al Mazaya’s Report confirms that real

estate activities and events have increased

since the beginning of the current year,

with competition tough among GCC

countries keen to attract investors and

investments to their real estate projects.

The CityScape exhibition brand bears

witness to this and recently expanded into

the Turkish market, with the participation

of 67 companies from different countries.

Many of these companies were from the

UAE, Saudi Arabia, Qatar and Kuwait.

This exhibition has received interest

from a large number of investors and

local and international real estate

companies and aims to motivate

investors from Gulf countries to increase

their stake in other projects, in Turkey.

The exhibition has proven successful

in generating exclusive opportunities

for Gulf investors in the Turkish real

estate market, which is characterised by

its diversity of project sizes and uses.