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Cityscape Abu Dhabi will take place from April 21 to 23 at the Abu Dhabi National Exhibition Centre. — Supplied photo
Abu Dhabi — This year’s Cityscape Abu Dhabi will host more than 130 exhibitors over 18,000 square metres of exhibition space. The property showcase will take place from April 21 to 23 at the Abu Dhabi National Exhibition Centre (Adnec).
Wouter Molman, director of Cityscape Group at Informa Exhibitions, the organisers of Cityscape Abu Dhabi, said: “The event turned a corner in 2014 as we saw over 17,000 attendees over the three days; a 15 per cent year-on-year increase. This year, we are forecasted to grow by over 15 per cent again, as registered exhibitors have already reached higher numbers than in previous years, enabling us to add an additional hall to the show.
“Investor confidence is still on the rise and we predict that this year, the majority of our visitors will be coming from not only Abu Dhabi but the rest of the GCC as well.”
According to property consultancy JLL’s ‘Q4 2014 Abu Dhabi Real Estate Market Overview’ report, rents will continue to rise at a steady pace throughout 2015, with the demand for housing still increasing due to low availability across all price points.
The current stability within the market bodes well for the dozens of property developers who are set to descend upon the ninth edition of Cityscape Abu Dhabi.
In addition to the capital’s key developers and banks, Cityscape Abu Dhabi will see new participants such as Eagle Hills Properties, as well as returning organisations including Aldar Properties, Tourism Development & Investment Company (TDIC), Al Forsan, Bloom Properties, Manazel, Mubadala, Reem Developers and TMKN.
Other exhibitors at Cityscape Abu Dhabi include Wahat Al Zaweya and Ejadah Asset Management Group, while an international contingent is led by developers from Turkey, Jordan, Russia, UK and USA.
The ‘Abu Dhabi Market Overview’ forum returns on the opening day (April 21), and will be hosted in collaboration with JLL after its launch edition last year. The half-day forum will draw attention to the emirate’s trends and initiatives, including future developments and anticipated new real estate regulations.
— business@khaleejtimes.com
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