MANAMA: Continuing investment in home-sales and international property provides a beacon of light in the current downturn in the financial market. According to reports, financiers worldwide are investing heavily in international property portfolios which offer positive returns, capital value and represent value for money.
The Property Arabia and Worldwide Property Show series is the most focused international property exhibition taking place in Bahrain’s burgeoning real estate economy.
The realty developers from 35 countries are participating in the show this year which was opened yesterday at the Bahrain International Exhibition Center (BIEC).
“Investment sentiment is still strong in the Gulf region. This event continues to attract exceptional developers and real estate agents not only from Bahrain but from across the region and the world,” said Abdulrazzak Kharraz senior project manager at Arabian Exhibition Management. During the four-day expo the exhibitors showcase a comprehensive range of properties from including Cyprus, Malaysia, Turkey, the Caribbean, the United Kingdom and the United States.
Moreover, the recently concluded Worldwide Property Show in Dubai saw an increased demand from investors for international properties due to the attractive bargains available now on the world stage.
“With a strong US dollar, and so a stronger Bahraini dinar, coupled with depressed property prices in many countries, there has never been a better time to invest in bricks and mortar overseas,” said Stephen Key, chief executive officer of Arabian Exhibition Management.
The Property Arabia and Worldwide Property Show is the only exhibition in Bahrain to offers potential private, corporate and institutional investors such a range of international exhibits from over 60 companies under one roof.
“This event brings together a global consortium of property developers, development authorities, leading architects, designers, consultants and key professionals in the real estate industry. Visitors can explore real estate investment opportunities including information on interior themes, investment returns and availability of villas and developments,” said Kharraz.
Property Arabia is now in its fifth edition while the Worldwide Property Show returns to Bahrain for the 11th time. Over the last three years this combined event has become the country’s window for real estate, focusing on development projects, and providing an interface between prospective developers and end-users.
“Financiers and property buyers can view exhibits from Asset Property, Harlequin Properties UK, Oasis Land Development, KNBM and EMP Advisers, companies which boast an outstanding selection of properties from the United Kingdom, Europe, the Caribbean, Northern America and Asia.”
