ABU DHABI, 5th October, 2015 (WAM) — Abu Dhabi is gearing up to host the first ever Pakistan Property Exhibition as part of the International Real Estate and Investment Show, IREIS 2015, from 29th to 31st October at the Abu Dhabi National Exhibition Centre, ADNEC.
Attracting international and Pakistani expatriates to invest in the real estate sector, the Pakistan Property Exhibition will convene developers, real estate advisers, private and institutional dealers from the Middle East, Europe and Asia Pacific regions under one roof.
Antoine Georges, Managing Director of Dome Exhibitions, Organiser of IREIS 2015, said, “We are delighted to present the Pakistan Property Exhibition at the International Real Estate and Investment Show 2015 offering investors and end users an ideal platform to discover investment opportunities in Pakistan and network with major players within the promising real estate market across the nation.”
The value of Pakistan real estate market is estimated to be in the range of US$200 billion to US$400 billion, with overseas Pakistanis investing approximately nearly US$3 billion or 15 to 20 percent of the last fiscal year’s total remittances into the real estate market. Pakistan received US$16 billion in remittances during the last financial year.
Qamar Chaudhary, Associate Partner and Chief Executive Officer of Mass Com Solutions, said, “The exhibition will seek to convince visitors about the advantages of purchasing and investing in property in Pakistan, providing them with a better picture about the prevailing condition and trends in the market. Renowned speakers and industry insiders from across emerging markets will be present at the event to help visitors answer crucial questions regarding their investment plans.’’ Top City-1 and Star Marketing, two leading real estate firms from Pakistan, are the key sponsors of the event. Other major exhibitors include Graceland Housing, Q&A Marketing, the Manager Group, New York Real Estate and Builders, Zeeshan Estate Managers and Builders, and ENEM Estates, among others.
The UAE has a diverse mix of nationalities that make up 86 percent of the country’s 9.5 million population and is home for around 1.2 million Pakistanis. Abu Dhabi has a strong presence of high net worth Pakistan population, and will leverage local and expatriate interest in the Pakistan property market by showcasing a wide selection of properties and investment opportunities in different price ranges.
IREIS 2015 will feature an intensive day of one-to-one meetings and informal networking, designed to showcase new international property opportunities and generate business relationships between foreign property suppliers and sellers. By matching developers and master agents with a hand-picked selection of top-performing agents and brokers, the day will generate substantial business for all participants. The event will serve as a fast and efficient threshold into new markets for international delegates who will be exploring the latest trends in real estate investment.