Spacenow partners with Dubai’s SEED Group

Leading the signing was SEED Group CEO Hisham Al-Gurg, seated left.
Updated 04 September 2018
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Spacenow partners with Dubai’s SEED Group

The World’s first space-sharing platform from Australia, spacenow.com, has signed a regional partnership agreement with Dubai’s SEED Group, a group of diversified companies owned and chaired by the private office of Sheikh Saeed bin Ahmed Al-Maktoum. Leading the signing was Hisham Al-Gurg, CEO of the private office of Al-Maktoum and SEED Group.

Spacenow is a platform that allows property and site owners to activate and monetize their underutilized space — from studios and gardens, to wall space and event venues — and enables entrepreneurs and businesses to access that space on a long- or short-term basis, from as little as just one hour. It was created in November 2016 by four Australian entrepreneurs in the real estate, technology, finance and creative sectors: Daniel Gunning, Barrett Ovens, Baydr Strik, and Nick Leary. The company was born to meet the demands of the fast-moving, disruptive world of the sharing economy — a $100 billion market that is estimated to more than triple to reach $330 billion in 2025. Spacenow now operates in 52 cities globally. 

“We are delighted with the partnership we have founded with SEED Group Dubai to establish Spacenow’s Dubai office and roll out our expansion plan throughout the Middle East and North Africa (MENA) region. This will become the first multi-space, short-term rental platform in the region and we are very eager to start operation,” said Gunning, Spacenow’s CEO and founder.

“The UAE and indeed the whole region has a great range of spaces and locations just waiting to be activated. We are proud to partner with Spacenow and support this unique platform. It is a smart initiative and marries well with Dubai’s ambition to be a model city of the future, and to continue attracting innovation and entrepreneurship to our city and our nation,” said Al-Gurg.


Real estate landscape to be explored

Updated 17 February 2019
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Real estate landscape to be explored

Informa Middle East, organizer of the Cityscape portfolio of events, will roll out a trio of back-to-back events across Egypt, Saudi Arabia and the UAE between March 24 and April 18.

With the specific market dynamics of each destination being explored through dedicated country events, the 2019 Cityscape series springs into action with Cityscape Egypt at the Egypt International Exhibition Center (EIEC) in Cairo. A two-day conference kick-starts the Egypt schedule on March 24 and 25, before the exhibition takes centerstage from March 27 to 30. 

Cityscape then moves to the Center for Forums and Events in Jeddah, which includes an exhibition from April 5 to 7, before a one-day workshop on April 7. Finally, a return to Abu Dhabi National Exhibition Centre (ADNEC) includes a three-day exhibition from April 16 to 18 with an influential agenda on the lineup at the conference set for April 16.

“It’s a packed three-week schedule with a very distinct market approach and program for each destination,” said Chris Speller, Cityscape group director. “This year more than ever, Cityscape will drill down into the specifics and varied issues affecting each market. While opportunities continue to abound across the region, each market requires very different approaches from consumers, government entities and private developers to realize them. 

“With each market at varying stages of maturity and subject to very different developmental concerns, the conference and exhibition stops in Egypt, Saudi Arabia and Abu Dhabi enable industry professionals and public investors to engage with people at the sharp end of the business, understand and seize opportunities, and network for future growth,” added Speller.

In Egypt, the conference will focus on “Energizing the Market and Reinstating Confidence” with government authorities, experts, and market influencers scheduled to spell out the country’s strategic vision to achieve real estate market maturity. 

Expecting a turnout of more than 40 exhibitors and over 8,000 visitors, Cityscape Jeddah this year looks to align with the goals of the Kingdom’s real estate market in light of its Saudi Vision 2030 economic diversification plan.

“Vision 2030 reforms are expected to attract major investment into a Saudi real estate sector predicted to double its contribution to the national economy right through this decade,” said Speller. 

“Over the past few years, we have witnessed Saudi Arabia make significant strides in attracting foreign and local investment, implementing various urban regeneration initiatives, and investing in infrastructure.”

This recent progress, when aligned with the various projects being green-lit, will no doubt transform the country into a global investment powerhouse. We believe Cityscape Jeddah will help drive investment in the Saudi sector by enhancing its standing as a crucial meeting point for regional and international leaders who can contribute to making Vision 2030 a reality.”

With a focus on “Achieving Diversification and Energizing the Market,” the Jeddah workshops will feature prominent investment panel discussions which dive into how the country’s tourism and hospitality sector agenda can impact Vision 2030. The Cityscape outings in Cairo and Jeddah will both feature dedicated editions of the Cityscape Awards, which recognize and celebrate excellence in real estate development and architecture. 

The UAE capital’s official real estate event platform, Cityscape Abu Dhabi is held under the patronage of Sheikh Mohammed bin Zayed Al-Nahyan, crown prince of Abu Dhabi and deputy supreme commander of the UAE Armed Forces. The one-day conference agenda will explore the future of regulatory and technological innovation with a strong focus on the government sector’s growth strategy for the UAE capital.