GCC projects at Property Arabia 2006
Over $200 billion infrastructure development projects and real estate ventures in the GCC will be displayed at Property Arabia 2006, the Middle East International Property and Investment Exhibition in Bahrain. The event will be held at the Bahrain International Exhibition Centre from May 24 to 27. The event will showcase major current and future real estate developments in the Gulf, along with property from as far a field as Malaysia and Australia.
“Property Arabia 2006 is being held in response to the current upwards trend in the region’s real estate sector, which is underpinned by various factors that include high population growth rates, excess liquidity looking for investment outlets, strong economic growth and lower interest rates. Governments are also making it easier for foreigners to own real estate in their respective countries and obtain residence permits,” Stephen Key, Chief Executive of Arabian Exhibition Management said.
“More and more people are choosing housing and real estate as a good long-term investment option, and Property Arabia 2006 will allow visitors to talk with experts, view models, obtain financing and see first hand what options are available to them – all under one convenient roof. The recent uncertainties of the stock markets make bricks and mortar a relative safe haven with good returns to be made.”
The exhibition, which is taking place under the patronage of the Bahrain Economic Development Board, spans 3,000 square metres of space.
Major local participants and projects include Abraj Al Lulu, Al Areen Desert Spa & Resort, Al Khaleej Development Co. (Bahrain Investment Wharf, Tala Island, Tameer Residence, Saar Villas and Adhari National Park), Amwaj Island, Bahrain International Insurance Co., Bahrain Financial Harbour, Century 21, Cluttons, DTZ Bahrain, Ishbiliya Village (Al Enma´a), Muawadh Management & Marketing Co (Lulu Island) Riffa Views and WS Atkins & Partners.
Other exhibitors come from Saudi Arabia, the United Arab Emirates, Kuwait, Lebanon, Malaysia and Australia.
Entry to the exhibition is free of charge.
Property Arabia 2006 is organised by Arabian Exhibition Management, who run a successful portfolio of events in Bahrain including the well known Jewellery Arabia series, in association with London-based Overseas Exhibition Services. Both are members of Allworld Exhibitions, which has been organising trade shows for over 30 years.