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The sixth edition of the International Real Estate and Investment Show (IREIS) is expected to gather an estimated 15,000 visitors from November 20-22 at the Abu Dhabi National Exhibition Centre. Dome Exhibitions, the event's organiser, also announced more than 100 exhibitors from at least 30 countries will be attending the real estate expo.
IREIS 2014 will provide a snapshot of property markets in the Middle East, Europe and the Asia-Pacific region. The event will also feature conferences to introduce the region's investment authorities, builder's authorities, investment zones and city councils.
''IREIS has witnessed year-on-year growth in line with the increasing number of people migrating to the capital city," said Antoine Georges. Managing Director of Dome Exhibitions. ''With Abu Dhabi's population set to grow to 3.1 million by 2030, the successful growth of the real estate sector is vital to the economy. Holding a significant real estate event in the emirate has become a sheer necessity to serve its burgeoning population.
Attracting some of the world's most prominent players from across the globe, IREIS has become a benchmark event that drives real estate both in the UAE and around the world.
According to the organisers, the number of residential units in Abu Dhabi is set to increase to 686.000 by 2030. The combined government and private sector investment in Abu Dhabi's real estate sector unti12030 is estimated to reach Dh600 billion.
IREIS 2014 will also host knowledge-sharing seminars aimed at empowering market leaders with new ideas to expand business into emerging markets
Source: Property Weekly