(28 April 2014)
The recently held City Scape exhibition in Abu Dhabi which was attended by many local and regional real estate developers, clients and investors proved to be a turning point in supporting the growth of the real estate sector in the UAE Capital.
Ismail Al Hammadi,Managing Director of Al Ruwad Real Estate Consultants said: “This year’s City Scape Abu Dhabi reflected the growth of the real estate market in the UAE as more companies took part and offered awide range and large numbers of commercial and residential projects.”
He also added that the event was an important yearly fixture in the Abu Dhabi exhibition calendar as it not only reflected the growth of a vital industrial sector in the UAE economythat is attracting a lot of investments, but also the fact that the real estate sector contributed in the growth of other sectors within the local economy.
“The growth of the real estate sector contributes directly in the development of the construction sector, and the expansion of many infrastructure projects that come to service these real estate developments and help in growing the local economy,” Al Hammadi pointed out..
“Numerous real estate developments across the capital are attracting many clients because of the potential they offer its investors in terms of revenue and high level of services and facilities that tend to support the various projects that are under construction,” he added.
Al Hammadi who offers a unique one-stop-shop of real estate services to investors across the country, also pointed out that the event was a meeting point for local and regional real estate developers, investors and clients
“It was a unique event because it afforded us to meet, exchange ideas and further discuss the future of the industry, the various projects on offer and the way forward to develop the business,” he concluded.