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PROPERTY Arabia 2007, the Second Middle East International Property and Investment Exhibition, will be held at the Bahrain International Exhibition Centre from May 23 to May 26.
It will showcase major current and future real estate developments in Bahrain and the Gulf, along with property from the Far East and Europe.
“Property Arabia 2007 is the ideal opportunity for anyone thinking about investing in property or buying a new home to see what options are available,” said Stephen Key, chief executive of Arabian Exhibition Management said.
“Visitors can talk with experts, view models and obtain financing – all under one convenient roof.”
The 3,000 square metre event features over 40 exhibitors from around the world.
On show will be a wide range of properties and property related services including apartments and penthouses, agents, architects, financial institutions, interiors, hotel and tourism operators, new city and town projects, resort and island properties and waterfront and luxury developments.
Show organisers Arabian Exhibition Management, who run a highly successful portfolio of established events in Bahrain including the well-known Jewellery Arabia series, anticipate a considerable visitor turnout.
“The region’s real estate sector continues to flourish and attract interest. This is underpinned by various factors that include high population growth rates, sustained high oil prices and excess liquidity looking for investment outlets, strong economic growth and lower interest rates,” Mr Key said.
“Governments are also making it easier for foreigners to own real estate in their respective countries and obtain residence permits.”
“More and more people are choosing housing and real estate as a long-term investment option, especially as the recent uncertainties of the stock markets make bricks and mortar a relative safe haven with good returns to be made.”
“Why pay rent to a landlord when you can buy your own home and fix up a mortgage at the show?”
Spotlight on Bahrain
For visitors looking for property close to home, the growing number of developments taking place in Bahrain will fall under the spotlight at Property Arabia 2007.
The majority of major developers and companies active in the kingdom will occupy centerpiece stands, giving visitors a unique overview of the many attractive opportunities available on their doorstep.
Participants from Bahrain include: Al Fateh Towers Real Estate, Alargan International Real Estate, Al Khaleej Development Co. (The Bahrain Investment Wharf, Durrat Al Bahrain Marina, Tala Island and Adhari National Park), Bahrain Aluminum Kitchen, Marina West Development Company, Century 21 Bahrain, DTZ Bahrain (Bahrain World Trade Centre), Emcan – Bahrain and Kuwait Housing & Construction Co., Grnata Group, Landmark Bahrain, Landmark Properties, Mouawad Management & Marketing Co (Reef Island), Reef, Riffa Views and Sakana Holstic Housing Solutions .
“We are delighted to have the support of so many Bahrain exhibitors. Their presence reflects the rapid pace at which the kingdom’s real estate sector is growing, and the exhibition will highlight the numerous first class investment opportunities it has to offer,” Mr Key said.
Other exhibitors at Property Arabia 2007 come from Saudi Arabia, the UAE, Kuwait, Thailand, Germany and Portugal.
Many of the regional exhibitors who will be in attendance also provide marketing plans and direct sales for international real estate companies and projects outside the GCC, and will offer investment opportunities in the UK, Syria, Pakistan, Jordan and Egypt amongst other countries during the exhibition.
A group of developers from Malaysia will also participate under the Malaysian government’s ‘Malaysia My Second Home’ programme and showcase luxury city developments, exotic homes by the sea and commercial property.
Property Arabia 2007 is open to the trade and general public from 10am to 2pm and 4pm to 10pm on May 23, 24th and May 26; and from 4pm to 8pm on May 25.
Entry to the exhibition is free. Children under the age of 16 will not be admitted. For more information, call 17 550033.
