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Abu Dhabi host first Pakistan property exhibition
The first-ever Pakistan Property Exhibition was held from October 29 to 31, along with International Real Estate and Investment Show (IREIS 2015) in Adnec, Abu Dhabi. The exhibition will attract international and Pakistani expatriates to invest in real estate sector. The exhibition aims to bring together developers, real estate advisers, private and institutional dealers from the Middle East, Europe and Asia-Pacific regions under one roof. Jang Media Group is the media partner of Pakistan Property Exhibition. Qamar Chaudary, CEO of Mass Comm Solutions Pvt Ltd, the associate partner of IREIS, said on Thursday “Pakistan Property Exhibition will particularly spotlight the opportunities in the burgeoning real estate markets across Pakistan through providing investors and visitors an ideal platform to meet with leading real estate companies, open up new business opportunities, and facilitate potential deals.” He added “Pakistan Property Exhibition aims to persuade visitors to purchase and invest in property, renowned and honorable speakers from all around the world will provide more visions about innovative ideas to initiate development in real estate investment across emerging markets globally, aims to guide on the growing real estate market and help answer crucial questions.” Chairman of Star Marketing Wasiq Ali Khan, the Platinum Sponsor of Pakistan Property Exhibition said “Pakistan Property Exhibition is the ultimate platform for national and international property experts to openly interact with Pakistan’s home purchasers and investors. Star Marketing, the premier real estate marketing company of Pakistan, brings here the best projects of Pakistan.” Antoine Georges, Managing Director of Dome Exhibitions, organiser of IREIS 2015 said “The UAE is home to a diverse mix of nationalities that make up 86 per cent of the country’s 9.5 million population and is home for around 1.2 million Pakistanis. Being the capital of UAE and having a strong presence of HNW Pakistan population will leverage local and expatriate interest in the Pakistan property market through showcasing a wide selection of properties and investment opportunities at different price ranges from across Pakistan. ” Pakistan real estate market is assumed to be in the range of $200 billion and $400 billion, with overseas Pakistanis investing approximately $2 to 3 billion — or 15 to 20pc of the last economic year’s total remittances — into the real estate market. Pakistan received $16 billion in remittances in the last financial year. Of this, $2 to 3 billion were directly invested in real estate. Expatriates from India, Pakistan and the Philippines are the biggest money senders in the UAE, remitting a total of $20.2 billion (Dh74 billion) in 2014, according to a new report. With the support of OPP Events UK, IREIS 2015 will feature an intensive day of one-to-one meetings and informal networking, designed to showcase new international property opportunities and generate business relationships between foreign property suppliers and sellers.

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