The 'International Property Show - Dubai 2009', the biggest transactional property exhibition in the region, has successfully concluded, witnessing substantial property deals struck among developers, real estate companies and investors.

Strategic Marketing & Exhibitions (SME), show organizers, said that a majority of exhibitors have given a positive feedback in relation to their participation amidst the current downtrend in the property sector.

The presence of Rera Consultancy Zones for the first time at the event, where authorized representatives disseminated information on introducing new property laws, was also a huge hit among the attendees.

Leading real estate companies from the UK and US, in addition to international delegations from Malaysia, Spain, Thailand, South Africa, Bulgaria, Korea and Cyprus took part in the three-day event.

Among the success stories during this year’s show was the participation of global exhibitors Scala Land Group from the UK, Polar Global Marketing Direct from Spain, and Stonehenge Builders and Florida Choice Realty from the US, who all expressed their satisfaction over the results they have achieved.

Considering the success of this year’s event and the positive feedback of the participants as well as investors, the organizer has announced the launch of a branch office in Italy to support the new strategies and services offered by the company.

"The expo has presented us with an opportunity to get closer to potential customers and partners based in the region and expose them to the extensive scope of our operations, which cover industrial, commercial, institutional, and residential projects," said Eve Wittmann, president and CEO of Advanced Global Network.

"We really appreciate the presence of an event such as 'International Property Show - Dubai 2009', which provide internationally based organizations an opportunity to explore possible business opportunities with high net-worth investors in the Middle East," he observed.

"Given the favorable results we have achieved this year, we are looking forward to participating at next year’s event," he added.

Headlining the local presence at the ‘International Property Show - Dubai 2009’ was the Falcon city of Wonders, the gold sponsor of the event.

Leading real estate companies including Khoie Properties, Bonyan International Investment Group, Tiger Properties, RAK Properties, Dubai World Central, Roots Land Real Estate, Corner Stone Real Estate, Chapal World, Savannah Properties, Three sixty, KM Properties and Sherwoods Independent Property Consultant took part.

In addition to being a platform for collective discussion on how to revive the market, the event also provided developers an opportunity to highlight their preferential pricing schemes and prices.
"The expo's success proves that challenges can be overcome if we include creativity to our strategy while leveraging resources efficiently,” said Dawood Al Shezawi, SME managing director.

"Our collective efforts to revive the market will form the foundation for a sturdier market structure in the future, which will prevent a repeat of the crisis we are witnessing currently," he added.



Source: Trade Arabia News