The fourth edition of the Abu Dhabi Real Estate and Investments Show (IREIS 2008) has received strong support from local and international participants.

IREIS 2008 will be held at the Abu Dhabi National Exhibition Centre (ADNEC), under the patronage of member of the Abu Dhabi Executive Council Dr Sheikh Sultan bin Khalifa Bin Zayed Al Nahyan, from January 30 to February 2, 2008.

So far firms from the UAE, Qatar, Saudi Arabia, Kuwait, Spain, Germany, Cyprus, Malaysia, the US, UK and Austria have extended their full support for the event, according to its organisers.

Among the international participants are America 2030 Equity LLC from the US, Groupo Alicante Urbana from Spain, Qatar Sotheby’s International Realty from Qatar and Hajar Tower Real Estate Company from Kuwait.

UAE participants include Aldar Properties, Sorouh Real Estate, Damac Properties, Al Qudra Real Estate, Hydra Properties, Falconcity of Wonders, Mumtalakat Real Estate, Plus Properties, Pearl Properties and Real Estate Bank.

Dome Exhibitions, the organiser of the event, has announced that the strong participation at IREIS 2008 reflects the exciting potential in the Abu Dhabi real estate market.

“We are extremely pleased to be the platinum sponsor of the fourth edition of this event. In last year’s edition, we enjoyed impressive success in terms of the number of high-calibre property developers and residential and commercial property buyers. We are committed to support the strong growth of the real estate market in the UAE and the events related to it,” said chairman of Manazil Real Estate, the platinum sponsor of IREIS 2008, Mohammed Muhanna Al Qubaisi.

General Manager of Plus Properties, the gold sponsor of the event, Georges Chehwane said that during the show the company will officially launch its latest development called the Skygardens, a luxurious waterfront property designed by the world famous architectural firm James Law Cybertecture.

The company will also showcase its two luxurious Dubai Waterfront projects - the Pixel Tower and Wave Residence.

Chehwane added that the company is negotiating several plots in neighbouring KSA, Syria and Lebanon and hopes to launch several new projects in 2008.

“This year’s edition has achieved 45 per cent growth in terms of exhibit space and the number of exhibitors, with 80 companies showcasing their developments and properties on an exhibit space of 10,000 square meters,” said director of Dome Exhibitions Antoine Georges.
“IREIS reputation as an industry-focused show has crossed national boundaries as is evident from the impressive list of participants from across the region,” he added.

IREIS 2007 held early 2007 saw 52 exhibitors taking part. Last year’s show occupied over 6,500 square metres floor area, which marked a 100 per cent increase over exhibit space from the 2006 edition.

Exhibitors at IREIS 2007 included master developers, property development companies, real estate agents and major financial institutions. – TradeArabia News Service