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Cityscape concludes with AED 40 bln in local projects

Cityscape concludes with AED 40 bln in local projects
UPP
UPPV18
0.00% 0.00 0.00
Deyaar
DEYAAR
-0.76% 0.79 -0.01
Dubai Investments
DIC
1.14% 3.55 0.04
Cityscape Global 2014 concluded its 13th editing on Tuesday, September 23, in Dubai, recording 27 real estate projects by local property firms at estimated investments of AED 40 billion, Emirates Today newspaper cited Cityscape Global director Wouter Molman as saying.

Exhibition visitors surged by 30% this year, event organiser Informa revealed, adding that it expects visitors to have exceeded 40,000. Moreover, next year’s exhibition will see an increase in space by 25%.

A large number of companies launched projects during the event, including: Nakheel, Dubai Properties Group (DPG), Deyaar, Dubai Investments (DI), DAMAC, the Tourism Development and Investment Company (TDIC), Union Properties (UP), Omniyat, Meydan, and Sheffield.

The first day of Cityscape Global 2014 saw the announcement of 18 real estate projects by local companies out of a total of 27 companies.

This year, the exhibition saw 40,000 visitors compared to 32,500 visitors last year, Molman noted, highlighting that next year’s exhibition will be larger by as much as 25%, with new wings and halls being added.

Cityscape has already received several requests for space for next year’s exhibition, he added.