Abu Dhabi property show for Pakistanis
Abu Dhabi is gearing up to host the first ever Pakistan Property Exhibition as part of the International Real Estate and Investment Show (IREIS 2015)
Attracting international and Pakistani expatriates to invest in the real estate sector, the exhibition, set to run from October 29 to 31 at the Abu Dhabi National Exhibition Centre, will convene developers, real estate advisers, private and institutional dealers from the Middle East, Europe and Asia Pacific regions under one roof.
The value of Pakistan real estate market is estimated to be in the range of $200 billion to $400 billion, with overseas Pakistanis investing approximately nearly $3 billion, or 15 to 20 per cent of the last fiscal year’s total remittances, into the real estate market, according to Dome Exhibitions, Organizer of IREIS 2015.
Pakistan received $16 billion in remittances during the last financial year.
Qamar Chaudhary, Chief Executive Officer of Mass Com Solutions, said: “The exhibition will particularly spotlight the opportunities in the bourgeoning 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.
“The exhibition will seek to convince visitors about the advantages of purchasing and investing in property in Pakistan, providing them with a better picture about the prevailing condition and trends in the market. Renowned speakers and industry insiders from across emerging markets will be present at the event to help visitors answer crucial questions regarding their investment plans.’’
The UAE has is home for around 1.2 million Pakistanis with the capital being home to a number of high net worth Pakistan population.
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