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DSL Exhibitions,
an International Property Exhibitions company, has confirmed that the popular Worldwide Property Show will return to
Dubai and Bahrain in November 2006, bringing in over 60 international exhibitors showcasing a variety of new projects to a booming
regional market.
DSL Exhibitions have formalized an agreement with the Bahrain International Exhibition Centre, in conjunction with the Bahrain Society of
Engineers, to bring the Worldwide Property Show to Bahrain under the auspices of BIPEX 2006, Bahrain’s largest real estate exhibition.
“The synergy between the two exhibitions will further improve event reach, tapping into a wider property market not only in Bahrain but
also Saudi Arabia and the upper Gulf market. Incorporating the Worldwide Property Show into BIPEX 2006 will deliver added depth to the
international property on offer,” commented Shuckri Bundakji, Managing Director of DSL Exhibitions.
Director of Conferences, Bahrain Society of Engineers, Jameel Khalaf Al Alawi said, “BIPEX 2006 is aiming to bring together a full
spectrum of services required to make investing in the real estate easy. Our aim is also to put the spotlight on development in the
Kingdom and attract investors to Bahrain. The introduction of the World Wide Property Show under the BIPEX umbrella will further
strengthen our portfolio, and attract a higher diversity of investors. BIPEX 2005 hosted close to ten thousand visitors, and we are
expecting higher numbers this time around”
The Worldwide Property Show will offer a one-stop shop for real estate buyers, sellers, investors and landlords, allowing global
developers and estate agents to showcase off-plan, residential and commercial property to high net-worth investors. The
show will also collate lateral sector and ancillary services such as home finance providers and home ware services to provide a unified real estate
networking and trading platform.
“We will bring a portfolio of local and international real estate exhibitors to the region, capitalizing on the heightened demand for
international property assets. Historically, local exhibitors have performed well at the show, with international developers from Australia,
Cyprus, France, England, Spain, the USA and Asia Pacific also putting up a strong showing. Further, exhibitors from newer markets such
as Thailand, Gibraltar, Bulgaria and the Caribbean are also seeing increased interest from buyers looking for holiday, retirement and
investment real estate,” said Shuckri Bundakji, Managing Director for DSL Exhibitions.
The Middle East region is host to a booming local and international real estate market. Estimates put the private liquidity in the MENA
(Middle East and North Africa) countries at a high US$2.3 trillion, of which US$1.5 trillion is in the GCC alone. Similarly, the market
capitalization of listed real estate companies in the region totaled US$74,889 million in February 2006, accounting for approximately 6.7% of the total market capitalization in the
GCC.
The Worldwide Property Show will be held in Dubai at the Grand Hyatt on November 17-19th and at the Bahrain International Exhibition
Centre on November 22-25th. Admission is free to the public.
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