Exclusive ‘Philippe Stark’ properties in Phuket to exhibit at Dubai Property Investment Show

Dubai Property Investment Show (DPIS), which is part of the International Property Week, has received exceptional interest from the international property market as several unique property developments make their debut at the show.

The show will offer international and local property investors a never-before opportunity to view exclusive projects from ‘Philippe Stark’ designed beachfront properties in Phuket to vineyard properties across Europe, Chile and South Africa.

150 companies from more than 25 countries, including the UAE, Australia, Bahrain, Bulgaria, Croatia, Cyprus, France, Germany, Iran, Kuwait, Lebanon, Malaysia, New Zealand, Oman, Singapore, Spain, Thailand, Tunisia, UK and USA, are participating in the event, which will be held from February 1 to 3, 2005, at the Dubai International Exhibition Centre. The show is being organized by THE DOMUS GROUP, in partnership with Strategic Marketing.

“The idea is to give corporate and private investors the widest possible choice of premium property projects across the world. We have received confirmation from several high-profile exhibitors offering properties in exotic locations, designed by renowned architects, as well as the cream of Dubai’s property developments, making the show a hot sourcing ground for sound real estate investment opportunities,” said Guy Guillemard, Marketing Director of The Domus Group.

Indigo Real Estate (Indigo RE), an agency specializing in premium properties on Thailand's West Coast beaches of Phuket is bringing in their ‘Philippe Stark’ designed properties and a stunning oceanfront property at Natai beach. Cape Yamu is a 40 acre sanctuary that is an entire Cape jutting out towards the stunning islands of Phang Nga, made famous by James Bond’s movie ‘Man with the Golden gun’. Each plot is around an acre with Philippe Stark doing the interiors. Aleenta is another stunning oceanfront property with white sands from its doorstep.

“Phuket, despite the recent tsunami tragedy, is on a speedy recovery path and we are keen to get this message across to investors. Nearly 99 per cent of residential Phuket was untouched and it remains one of the world’s most sensational Islands. The Middle East region has long been considered one of the most active markets for property investment and we are keen to tap into opportunities here, particularly with the managed residential resorts now being built,” said Nick Anthony, owner of Indigo Real Estate.

Another example of the kind of properties on offer at the show is Sentosa Cove, Singapore’s first and only oceanfront residential development currently available to overseas investors. The development boasts exclusive residential, retail, resort and marina amenities, offering investors an unrivalled oceanfront, tropical lifestyle resort spread over 117 hectares.

“We are eager to create awareness of Sentosa Cove in the booming UAE market. Participating in Dubai’s international property investment show will enable us to target corporate and private investors for the development of land parcels on which bungalows and condominium projects can be built. I anticipate there will be many takers in the UAE for premium developments like these and we hope to meet them at the exhibition,” said Darryl Metzger, CEO, Sentosa Cove Pte Ltd.

Coast 2 Coast Properties, another exhibitor will be showcasing developments in the up-and-coming Murcia region of Spain. Dawn Ormerod said, “We will be launching an exclusive product with a guaranteed two year rental plan that offers excellent rental returns on a luxurious golf resort. Guaranteed rentals are unheard of in Spain and with a only a few on offer that will be ready shortly, we are confident they will sell immediately.”

Another exhibitor, Karang Development Holdings Limited will be introducing Karang Kembar Estate, an exclusive development of six contemporary designed cliff top residences on the south coast of Bali, designed by acclaimed architects, K+K Associates, Hong Kong.

Malaysia will have among the largest stands at the show with participation by leading developers Malaysia including Sunway, Bolton, TTDI, Glomac, Mayland and Bserjayai, showcasing properties in Kuala Lumpur’s booming new city centre and elsewhere in the country.

At the New Zealand pavilion, ‘Lifestyles of New Zealand’ is showcasing properties in some of New Zealand's premium locations, including Bella Vista Estate, Matarangi, Clearwater Resort and Jacks Point in Queenstown. Perron Developments will be showcasing the Mirvac Group’s Sebel Queenstown development, a premier resort facility.

Infinity Investment Group will be showcasing investment opportunities at Lake Wanaka and the greater South Island region of New Zealand. The group’s stand will feature the new ‘Hillend Station’ lifestyle properties, the new oceanside town ‘Pegasus’ and the proposed five star ‘Marina Terrace’ Apartment Resort Hotel on the edge of Lake Wanaka.

From Australia, Perth property marketers, Wayne Briggs and Janine Thomas, will be showcasing The Condor Tower – Perth’s Tallest Residential Tower, which will soon begin construction, after having receiving record “off the plan” sales enquiries.

The show will also highlight an unusual investment opportunity in the form of Vinea Transaction, a unique international network that enables the acquisition, establishment and development of vineyard properties.

Vinea Transaction brings together real estate specialists from the world’s main wine producing regions, including France, Italy, Spain, Portugal, Germany, Chile and South Africa. The company has over 220 vineyard properties for sale throughout the world, and provides all the services necessary for the transaction, installation and development of a wine-growing estate.

“We feel certain the vineyard concept will generate tremendous interest among participants, considering its novelty value and investment potential. With the expected profile of investors and exhibitors at the property show, we hope to create a significant demand in vineyard properties as an investment,” said Françoise Pauly, Director of Vinea Transaction. Annually, Vinea Transaction agencies has negotiated over €.300m in acquisitions and renovation investments, representing approximately 50 transactions.

The exhibition is open from 10:00 am to 1:00 pm, 5:00 pm to 9:00 pm on February 1 and 2, and 10 am to 8:00 pm on February 3 at the Dubai International Exhibition Centre.

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