The 17th edition of Cityscape Global runs at the Dubai World Trade Centre, featuring almost 300 exhibitors across nine exhibition halls. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, attended the opening of Cityscape Global exhibition in Dubai.
Named as the event’s Country of Honour, Egypt’s Ministry of Housing has brought 18 of its top developers to their pavilion, showcasing ambitious master developed projects such as the New Administrative Capital, Central Business District, New Al-Alamein City and New Mansoura City.
Engineer Khaled Abbas, Vice Minister of Housing, Utilities and Urban Communities, said: “Egypt has witnessed a dramatic shift and increase in the real estate market; seeing a significant and robust demand for real estate. As a result, the country has begun to introduce new cities with impressive real estate projects.
Public and private developers are now looking to attract foreign investment into the Egyptian real estate sector, and at Cityscape Global we aim to demonstrate these investment opportunities and to present the strength of the Egyptian market to an international audience.”
Egypt’s appeal as a competitive market for foreign investment has been strengthened following an announcement offering citizenship to foreigners who deposit at least E£7-million ($392,000) in the country if they surrender the deposit after five-years.
Backed by Malta’s Tourism Authority and Economic Development Agency, the country’s pavilion will have its largest participation on the show floor to date.
Under the umbrella of the Property Malta Foundation, Maltese exhibitors are set to attract investors with the combination of a mature real estate market and their Individual Investor Programme, which puts property owners on a path to earning European citizenship.
Sandro Chetcuti, the chairman of Property Malta Foundation, said: “With just over 300 sq km of land area and substantial population growth, the country has a finite supply of quality real estate with investment returns that compare very favorably with anywhere else in Europe. It is all this that ensures that Malta remains a sound real estate investment for today and in the future.
In 2014, Malta introduced the Individual Investor Programme, which allows for the granting of Maltese citizenship to any foreign individuals and their families who contribute to the economic development of Malta.”
Many exhibitors are eager to stand out above their competition and with the ability to sell units onsite, launches of attractive payment plans, fee waivers, and additional bonuses and incentives are some of the offers that visitors can take advantage of.
