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International Estate and Investment Show (IREIS) in Abu Dhabi
By International Estate and Investment Show (IREIS) - Abu Dhabi
Mar 18, 2005, 22:28
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International Estate and Investment Show (IREIS) opens in Abu Dhabi
ABU DHABI — Realtors, property buyers and investors savoured the opportunity to meet under the same roof at the maiden edition of the International Estate and Investment Show (IREIS) that was declared open in the capital by Ahmed Humaid Al Mazrouie, Director General of the General Exhibition Corporation.
The event showcases a comprehensive range of properties in different categories of real estate, by exhibitors from key property markets worldwide.
"Be it a dream house or a proposition for investment, there is enough scope to explore at this four-day event," said a spokesman for the organisers at the Abu Dhabi International Exhibition Centre, the venue of the event. International participants said that they considered the show an important event to explore the scope of the market in the emirate of Abu Dhabi, which as yet is not a freehold property market.
Fewer avenues for local spending and investment and the strong purchasing power among expatriates make it an ideal venue for residential developers to attract investors in the region, the exhibitors averred.
The event is seen as one tossing up opportunities for the capital's local residents and expats.
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