New initiative connects Dubai to global real estate

The Dubai Land Department (DLD) has launched the Dubai Global Initiative Real Estate Connect programme, a scheme developed by the Dubai Real Estate Institute (DREI).

The programme will commence with a visit to Brazil involving a number of local real estate stakeholders, such as government property organisations, developers, brokers and DLD representatives.

''Through this programme we are opening the door for those interested in the real estate sector to learn about the experiences of other countries and to create a global network for Dubai real estate professionals,'' said Mahmoud Al Burai, Director of DREI, the educational arm of the DLD. ''In addition, this scheme aims to raise the profile of Dubai by highlighting its impressive evolution that has seen it become one of the most important cities for attracting investment in the real estate sector.

''The DLD chose Brazil because it's a member of the Bric [Brazil, Russia, India and China] economies, which have shown advanced economic development and significant achievements over the past two decades.''

The Real Estate Connect programme's week-long visit to Brazil will commence on August 27 with a conference organised by the Secovi Brazilians Developers Association, one of the largest real estate organizations in Brazil. The three-day conference will cover themes relating to global markets and property development.

On the fourth day of the programme, the DLD delegation will undertake a tour of important real estate development projects in the city of Sao Paulo. The group will attend a course offered by the Faculty of Real Estate and Construction department at the University of Sao Paulo, which will outline the latest developments, trends and indicators in international real estate investment.

The Brazil visit will conclude with a trip to the Brazilian Real Estate Awards Ceremony, one of the world's most prestigious award-giving bodies organized by the International Real Estate Federation.

The Dubai Global Initiative Real Estate Connect programme aims to facilitate the exchange of experiences with cities around the world. Its goal is to educate and develop the capacity of workers in the real estate sector and create opportunities for joint cooperation.

Source: Property Weekly


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