Tag Archives: Abu Dhabi property show

IREIS-ADIO tie-up to attract Investors to Abu Dhabi this November

Posted on by Track2Realty
Track2Realty Media Partner

News Point: UAE-based International Real Estate and Investment Show has announced tie-up with Abu Dhabi Investment Office, which will give the show a strategic push to attract investors in the emirate of Abu Dhabi and increase investor confidence. 

IREIS Abu Dhabi 2018, International Real Estate Investment Summit, Dubai property show, Abu Dhabi property show, International property expo in Abu  Dhabi, Investment in gulf, Investment in Dubai, Investment in Abu Dhabi, India real estate news, Indian realty news, Real estate news India, Indian property market news, Investment in property, Track2RealtyThe partnership is part of Abu Dhabi‟s campaign to develop the non-oil economy which was evident in its recent reforms and Dh50 billion stimulus to create further ease of doing business.

Abu Dhabi Investment Office (ADIO) will also support International Real Estate and Investment Show (IREIS) as Strategic Partners in organizing the “Abu Dhabi Investment Forum 2018”, a specialized investment conference with a lineup of topnotch global experts, renowned academics, and seasoned practitioners to enlighten audiences with Abu Dhabi’s current investment trends and potential opportunities.

The conference will host a special session to highlight the most promising investment opportunities in the emirate to the public and establish a connecting point between the investor and master developer to secure and safeguard the interest of all stakeholders in the investment process.

Ministers, business leaders, senior public officials, heads of international institutions and academia representing major stakeholders of the international investment community will take part in various sessions.

To attract Foreign Direct Investment (FDI), the Abu Dhabi Investment Office (ADIO), a government entity, connects appropriate private and public sector entities, such as IREIS, in the emirate of Abu Dhabi to build investor awareness and confidence that lead to tangible results to accelerate and achieve investment results. 

The office serves potential investors with valuable information about the investment environment in the Emirate of Abu Dhabi and information on all targeted economic sectors and future projects in the Emirate. The office helps the investor overcome any challenges that they may face in the Emirate of Abu Dhabi in support of expansion plans and prosperity.

Services offered by ADIO to investors include providing extensive information on all aspects of doing business in Abu Dhabi, linking investors with relevant private and public stakeholders, helping identifying local strategic partners, maximizing local synergy for successful investment; coordinating with all stakeholders to facilitate the procedures for doing business in Abu Dhabi.

His Excellency Ahmed bin Ghannam, CEO of ADIO, said, “We are proud of the IREIS Exhibition, which is playing a pivotal role in Abu Dhabis realty investment by attracting large number of international exhibitors and visitors. ADIO-IREIS tie-up will bring out host of benefits for public-private partnership. Our all-out support will be available throughout the show and post event follow up. My message to the exhibitors and visitors is that exhibiting in IREIS will yield economic results given that the Abu Dhabi government unveiled a 10-point economic stimulus programme with a number of benefits of doing business in the Emirate. 

Last June, H.H. Sheikh Mohammed bin Zayed bin Sultan Al-Nahyan, ruler and Crown Prince of Abu Dhabi, launched a massive Dh50 billion economic stimulus package for Abu Dhabi. Officials were given 90 days to create a detailed execution plan for the package, which seeks to transform Abu Dhabi in ease of doing business, and bring lasting economic benefits to residents and investors.

Mohamed Ebrahim Al Hosani, Director at ADIO, said, “It gives us immense pleasure to see that IREIS is growing, receiving quality exhibitors and visitors and making inroad to the international markets. Based on this progress, we at ADIO are looking at that long term relations with the event to propel UAE agenda to the international markets.

Abu Dhabi announcement focuses 10 initiatives with the aim of accelerating the economy over the next three years. Major initiatives include allowing people to officially work from home for the first time in the history, new building regulations for reducing costs for developers and encourage urban development, and elimination of red-tape which creates unnecessary delays in payments to the private contractors.

Antoine Georges, Managing Director of DOME Exhibitions, said: “We are privileged to have ADIO with us that will prove to be one-stop-shop for our exhibitors and trade visitor who decide to invest in Abu Dhabi. It will accelerate the process of doing business and help bring investment flow. ADIO support is a testament to IREIS‟s role in UAE’s economy. The tie-up is one-off but we are talking to a permanent arrangement and we are also in touch with other relevant authorities so that our exhibitors and visitors take the full advantage of their presence in the IREIS.

Dr. Nick Coles, Conference Director, DOME Exhibitions, said, “In 10 years of IREIS, we have learned how to give maximum benefit to our international and local exhibitors. We have been thinking and trying different sides of IREIS to bring more value to the event, exhibitor and the UAE. We started Abu Dhabi Investment Forum to brainstorm how well we can fit with UAE‟s future growth strategy, increase investor confidence and FDI to UAE. We extended the main show to International pavilion, which gives a lucrative platform to local and international companies to network, explore and expand.”

The 10th edition of the International Real Estate and Investment Show, a B2C sales and networking platform where spot sales are permitted, is bringing leading local and foreign real estate developers, investors and agents under one roof will reflect the attractiveness of UAEs real estate sector and will attract investors from various parts of the world. 

The show is expecting over 125 high-end exhibitors and more than 12,000 visitors. To give a greater value to the exhibitors and visitors, the associated events that will complement the main IREIS Abu Dhabi 2018 are “International Real Estate Conference”, “Citizenship & Residency Expo”and the “Real Estate Developer – Agent Meet.”

IREIS to host realty heavyweights, attract buying-selling at spot

Posted on by Track2Realty
Track2Realty Media Partner

News Point: UAE-based International Real Estate and Investment Show is set to bring the biggest local and international names in the real estate and property investment industry to the UAEs capital. 

IREIS Abu Dhabi 2018, International Real Estate Investment Summit, Dubai property show, Abu Dhabi property show, International property expo in Abu  Dhabi, Investment in gulf, Investment in Dubai, Investment in Abu Dhabi, India real estate news, Indian realty news, Real estate news India, Indian property market news, Investment in property, Track2RealtyScheduled to be held at the Abu Dhabi National Exhibition Centre from November 1st to 3rd, 2018, the show will be a one-stop shop for global investors who seek real estate investment opportunities in the UAE.

The International Real Estate and Investment Show (IREIS, a B2C sales and networking platform where spot sales are permitted, the 10th edition is bringing leading local and foreign real estate developers under one roof will reflect the attractiveness of UAE‟s real estate sector and will attract investors from various parts of the world.

The show is expecting over 125 high-end exhibitors and more than 12,000 visitors. To give a greater value to the exhibitors and visitors, the associated events that will complement the main IREIS Abu Dhabi 2018 are “International Real Estate Conference, “Citizenship & Residency Expoand the “Global Investor Meet.” 

Antoine Georges, Managing Director of DOME Exhibitions, said, “Despite slow and gradual pace of UAE real estate market, investors have faith in the emirate based on Abu Dhabi‟s reserves, government economic stimulus and affordable inventory. It was reflected in our in-house data of UAE and foreign real estate companies. Higher oil prices have provided added stimulus to the market and boosted investor confidence.”

Deloitte‟s Middle East Real Estate and Construction 2018 report said, “Dubai has developed a business friendly legal and regulatory environment. The Heritage Foundation’s 2017 Index of Economic Freedom ranked the U.A.E. as the 8th most free economy in the world, calling out efforts to strengthen the business climate, boost investment and foster the emergence of a more vibrant and diverse private sector. This has allowed Dubai to build globally competitive economic sectors including finance, logistics, maritime and tourism. The growth in these sectors in Dubai will continue to drive demand across the real estate market, including office, residential, retail, hospitality, industrial and logistics uses.”

Dubai remains an attractive destination for investors with safe return on investment, which is evident from the emirate’s data of investors, who belong to more than 217 nationalities from all over the world. Figures released by Dubai Land Department (DLD) showed that 13,759 real estate transactions worth Dh58 billion were recorded in Q1 2018. 

Abu Dhabi, with geographical limitations of its core islands, supply levels are expected to gradually align with demand, making Abu Dhabi’s maturing market present long-term investment opportunities for the astute buyer,” said David Godchaux, Chief Executive Officer of Core Savills, in report released in April 2018.

This is driven by the fact that Abu Dhabi has the hydrocarbon reserves to fuel its future growth, while government measures towards diversification are starting to bear fruit. Despite oversupply concerns and ongoing dampened economic sentiment, many regional buyers continue to have faith in the long-term prospects of Abu Dhabi,” David added.

Sharjah, with a new legislation that came into effect this spring, the emirate for the first time allows non- Arab nationals without a UAE residency visa to purchase property in the emirate on a 100-year renewable land lease. Reforms will stimulate demand and increase foreign investment in Sharjah‟s real estate market.

In 2017, the International Real Estate and Investment Show attracted $220 million (Dh807 million) worth of investments with 125 exhibitors from 24 countries and 8600 visitors from 75 countries, with the presence of major exhibitors like Emaar, Damac, Danube, G& Co, Arada, Majid Al Futtaim, Azizi, Dubai Properties, FAM Holding and many more. That made the show a resounding success.

Experts say the demand in the residential housing segment is accelerating and creating more opportunities for affordable real estate developers and investors. Tourism sector is also at its peak as Expo 2020 is approaching. Real estate advisory firm Jones Lang LaSalle (JLL) said that the increasing demand for affordable housing and tourism is creating a positive vibe in the market. 

Dony Cyril, Exhibitions Director at DOME Exhibitions, said, “We had very positive meetings with several developers who showed overwhelmingly positive interest in IREIS Abu Dhabi 2018 for an opportunity to sell their properties”.

“Special offers and exclusive instalment schemes offered by major developers with spot booking benefits is attracting more investors and provides more value for the purchases during the 3-day event. Property consultants and financial institutions will also be at hand to provide potential buyers with expertise on the latest market trends and suitable mortgage offers,” Dony said.

The International Real Estate and Investment Show (IREIS 2018) Abu Dhabi is organised by Abu Dhabi based Exhibition organizing firm Dome Exhibitions.

IREIS 2018 to host global citizenship and residency

Posted on by Track2Realty
Track2Realty Media Partner

News Point: IRIES 2018 will feature the International Residency and Citizenship by Investment Expo. 

IREIS Abu Dhabi 2018, International Real Estate Investment Summit, Dubai property show, Abu Dhabi property show, International property expo in Abu  Dhabi, Investment in gulf, Investment in Dubai, Investment in Abu Dhabi, India real estate news, Indian realty news, Real estate news India, Indian property market news, Investment in property, Track2RealtyInternational events including the decision by Britain to leave the European Union, 2016 US Presidential election and conflicts in Middle East are driving new interest to citizenship by investment industry.

The UAE residents from Syria, Yemen, Lebanon, Saudi Arabia, Bahrain, Qatar, Kuwait, Oman, India and Pakistan have increased demand for Caribbean citizenship to 51%, especially to St. Kits & Navis, Dominica, Grenada, Antigua & Barbuda and St. Lucia – the highest in the world – according a report released by AAA Associates, a Dubai-based immigration consultancy.

As countries tighten their borders to immigrants, the second-citizenship industry is working and growing to bypass those restrictions and move into peaceful regions.

The 10th of the International Real Estate & Investment Show (IREIS 2018), targets investors and consumers rather than trade visitors, will feature a dedicated pavilion to help visitors aspiring for dual citizenship, residency and international investment opportunities gain the right advice and information from leading immigration experts. 

The show is set to run from 1st to 3rd November, 2018 at the Abu Dhabi National Exhibition Centre (ADNEC), will include a special segment themed “International Residency and Citizenship by Investment Expo”, where specialists from leading immigration consultancies will offer professional guidance and consultancy for those looking to buy 2nd citizenships in return of investing in properties and donating abroad and bonds.

Seasoned consultants will assist on the complex decision-making, documentation and application process for a second citizenship and residency options across regions and countries including Australia, Canada, Cyprus, St. Kits & Navis, Dominica, Grenada, Antigua & Barbuda and St. Lucia Spain, Italy, Singapore, Malaysia, Portugal, New Zealand, Thailand, the USA and the UK, among others.

Antoine Georges, Managing Director at DOME Exhibitions, organisers of IREIS 2018 said, “As the world is becoming a global community due to increasing digitalization, economics mergers and protectionism, we thought giving added value to our exhibitors, investors and visitors. IRIES 2018 is going to be a bigger and more valuable experience for our partners. At IREIS Abu Dhabi, we are committed to helping visitors with the key decision making know-how through first-hand knowledge about latest trends in the real estate investment industry to help them maximise their returns on investment.”

The 2018 edition of the International Real Estate & Investment Show is expected to draw the participation of more than 125 exhibitors from 25 countries, as well as over 11,000 regular, private and institutional investors, end-users, developers, and real estate brokers. 

As part of the event agenda, IREIS 2018 will host a Developer-Broker Meet, an intensive day of carefully coordinated one-to-one meetings and informal networking sessions to showcase international property projects and facilitate partnerships between foreign property suppliers and local agents in the Middle East market.

Dony Cyril, Exhibitions Director of IREIS 2018, said, “The UAE, which hosts more than 8 million (88%) expatriates, is an ideal hub for second citizenship and residency prospects for countries in Europe, America, the Caribbean and Australia and New Zealand – who attract wealthy investors and skilled immigrants through business and investment immigration programmes offered to boost their economic growth. IREIS is set to help the large number of High-Net-Worth-Individuals (HNWIs) from around the world.”

Drawing the participation of 125 exhibitors from 25 countries and 8,521 investors from 73 nationalities, IREIS 2017 created sales volumes of over US$180 million (Dh660 million).

Charlie Savva, an exhibitor at IREIS 2017 from Checuti Cauchi law firm from Malta, said: “It is beautiful event in Abu Dhabi, well-organised, great venue, wonderful exhibits and most importantly a very good collection of individuals that are very well suited for our services.”

DOME Exhibitions, organisers of IREIS 2018, hosts exhibitions in the emirate of Abu Dhabi, London, and Pakistan and helps bilateral trade and extend their reach and enhance their visibility in the global marketplace.