THE Bahrain Society of Engineers announced that all the stands for the forthcoming Bahrain International Property Exhibition 2008 (Bipex 2008) have been sold out.
As a result of the surging demand from potential exhibitors, the exhibition area is being expanded with the addition of 1,200 sqm.
Organisers have been overwhelmed by the response to the event which is being held for the fifth consecutive year under the patronage of Shaikh Khalid bin Abdulla Al Khalifa, Minister of the Prime Minister's Court.
Mohammed Khalil Al Sayed, chairman of the Bipex organising committee, said: 'It is a matter of pride that the entire exhibition area which was initially earmarked has been sold out more than two months prior to the opening of Bipex 2008.
'For the first time in the five-year history of the exhibition, we have had to increase the exhibition area to 8,700 sqm from last year's 6,000 sqm to cater to the growing number of participants and visitors.
'This shows that our efforts are moving along the right track and Bipex is truly making a significant mark regionally to emerge as Bahrain's largest property exhibition. We are confident we will attract a record number of visitors this year and effectively showcase property investment opportunities in the region.'
Bipex will open at the Bahrain International Exhibition Centre on October 23 and continue until October 25. Admission is free and the exhibition will remain open from 10am to 9pm on all three days.
A special property seminar will be held at the Al Fanar Hall from 10am to 1pm on all three days to provide technical details to participants, including information on finance, legal norms and taxation.