Success of Cityscape reflects UAE economic strength

Success of Cityscape reflects UAE economic strength

Federal support for institutions affected by economic crisis but not for reckless,
says Deputy Prime Minister

Institutions affected by the global economic crisis could expect government support “but not those that were reckless,” His Highness Sheikh Hamdan bin Zayed Al Nahyan, Deputy Prime Minister of the United Arab Emirates, said yesterday (Wednesday 22 April 2009).

He was speaking at the conclusion of an extensive tour on the final day of the Cityscape Abu Dhabi exhibition which he praised as one example of the success and continuing economic strength of the UAE. “Anyone can come and see here at Cityscape that we have a boom in the UAE in both the private and public sector,” the Deputy PM added.

Sheikh Hamdan said that while the world had been hit hard by an economic crisis, the worst had passed for the UAE and the country was now in the recovery phase. “We are the first country to recover from this crisis,” he added.

On federal support for institutions in the UAE that had been hit hard by the crisis, Sheikh Hamdan said support had already been forthcoming and would be continued. But he emphasised: “We are going to support those institutions that were affected by the meltdown but not those that were reckless in the beginning.”

Sheikh Hamdan was accompanied on his tour of Cityscape at the Abu Dhabi National Exhibition Centre by Sheikh Nahyan bin Mubarak Al Nahyan, UAE Minister for Higher Education and Scientific Research. Together with other senior government officials they visited several stands and later Sheikh Hamdan praised the quality of the real estate projects on display.

He said the continued growth and stability of the real estate sector in Abu Dhabi and the UAE, reflected the wise policies of the country’s leadership. The government would continue to support current and future private and public real estate projects, he added.

Cityscape Abu Dhabi organisers, IIR Middle East, forecast that total visitor numbers this year – though down on last year at the height of a speculative property boom - would exceed 27,000 by the close of business last night.

“We have been delighted by the support which Cityscape Abu Dhabi has received from Abu Dhabi, the federal government, the real estate industry and the public,” said Rohan Marwaha, Managing Director of Cityscape. “Not unexpectedly, this year’s event has differed substantially from the frenetic atmosphere of 2008 but has acted as a far more accurate barometer of the future real estate growth and investment potential.

“Now, as we look ahead to Cityscape Asia (Singapore 19-21 May) and Cityscape Saudi Arabia (Jeddah 14-16 June) as well as all other events in the Cityscape portfolio, it is clear that Abu Dhabi has set a significant benchmark for 2009.”

Cityscape Abu Dhabi brought together investors, architects, designers, developers, government authorities and key decision makers involved in the design and construction of public and private real estate developments. The show covered more than 40,000 square metres of exhibition space with more than 300 companies from over 30 countries participating. Running alongside was the Real Estate Finance and Investment Conference, featuring more than 100 speakers from the world’s leading finance, investment and real estate companies.

Cityscape Abu Dhabi 2009 received widespread backing from industry leaders. Headline sponsor was Mubadala Real Estate and Hospitality; Platinum sponsors were Aldar, Sorouh Real Estate, Al Qudra Real Estate, The Land Real Estate Investment and Development Company, Qatari Diar Real Estate Investment Company, and Burooj Properties; Investment sponsor was Abu Dhabi Investment House; Associate sponsor was the Abu Dhabi Department of Municipal Affairs. Gold sponsor were Tameer and Al Maabar; Silver sponsors were Aqaba Development Corporation and HSBC. The sponsor of the Real Estate Finance and Investment conference was Brand Experience. International Broadcasting Partner was CNN International and regional broadcasting partner wasAl Arabiya.

For more details about Cityscape Abu Dhabi and links to other Cityscape events, please visit www.cityscapeabudhabi.com

Nurai Island , Zaya , Cityscape Abu Dhabi photos, 20/April/2009

Nurai Island , Zaya , Cityscape Abu Dhabi photos, 20/April/2009

Mahmoud Abbas visits Cityscape Abu Dhabi and hears of carbon neutral, zero waste technologies being developed for $22 billion Masdar City

Palestinian President briefed on green technologies

Mahmoud Abbas visits Cityscape Abu Dhabi and hears of carbon neutral, zero waste technologies being developed for $22 billion Masdar City

Clean, low energy solutions being developed for a world-leading carbon neutral, zero waste city being built in Abu Dhabi could help in the reconstruction of the Gaza Strip in Palestine, it emerged yesterday (Tuesday 21 April 2009).

Mahmoud Abbas, President of the Palestinian National Authority, was briefed on the green technologies planned for Masdar City during a visit to the Cityscape Abu Dhabi exhibition at the Abu Dhabi National Exhibition Centre. The Palestinian leader showed particular interest in the Masdar stand where it was explained that the $22 billion city being built near Abu Dhabi airport, will rely entirely on solar and other renewable energy sources.

Masdar City is expected to take some eight years to complete, providing homes for 40,000 people and 1,500 clean technology companies as well as work for 50,000 commuters. Masdar officials say that while no commitments have been made, similar clean energy technologies could be incorporated in the multi-billion dollar reconstruction of Gaza.

Reconstruction of the war ravaged Gaza Strip was recently described as one of the most complicated challenges faced by humanitarian organisation by HH Sheikh Hamdan bin Zayed Al Nahyan, Deputy Prime Minister and President of the UAE Red Crescent Authority. He said a safe environment and decent living conditions were needed for 1.5 million people living in Gaza.

“The Palestinian leader’s visit to Cityscape Abu Dhabi today further demonstrates that this event should not be seen as one purely for luxury developments,” said Mark Goodchild, Exhibition Director of Cityscape for organisers IIR Exhibitions. “The technologies being used in building sustainable projects like Masdar City can also help in providing basic necessities to relief the plight of areas such as the Gaza Strip.”

Among other stands at Cityscape Abu Dhabi that the Palestinian leader showed particular interest were Mubadala; the Capital City District project by Abu Dhabi Urban Planning Council; Al Maabar; the King Hussein bin Talal Development Area in Jordan; Aldar; Lulu Island and Bloom.

Cityscape Abu Dhabi brings together investors, architects, designers, developers, government authorities and key decision makers involved in the design and construction of public and private real estate developments. The show covers more than 40,000 square metres of exhibition space with more than 300 companies from over 30 countries participating.

Running alongside the exhibition is the Real Estate Finance and Investment Conference, featuring more than 100 speakers from the world’s leading finance, investment and real estate companies. The conference will be a forum for in-depth discussion of current market challenges.

Cityscape Abu Dhabi 2009 has received widespread backing from industry leaders. Headline sponsor is Mubadala Real Estate and Hospitality; Platinum sponsors are Aldar, Sorouh Real Estate, Al Qudra Real Estate, The Land Real Estate Investment and Development Company, Qatari Diar Real Estate Investment Company, and Burooj Properties; Investment sponsor is Abu Dhabi Investment House; Associate sponsor is the Abu Dhabi Department of Municipal Affairs. Gold sponsor is Tameer and Al Maabar; Silver sponsors are Aqaba Development Corporation and HSBC. The sponsor of the Real Estate Finance and Investment conference is Brand Experience. International Broadcasting Partner is CNN International and regional broadcasting partner is Al Arabiya.

For more details about Cityscape Abu Dhabi, please visit www.cityscapeabudhabi.com

Masdar City, Cityscape Abu Dhabi photos, 20/April/2009

Masdar City, Cityscape Abu Dhabi photos, 20/April/2009








more photos of the Cityscape Abu Dhabi 2009 and Masdar City here:

www.dubaiupdate.com

Sheikh Mohammed briefed on mega projects

Sheikh Mohammed briefed on mega projects

Vice President tours major developments at Cityscape Abu Dhabi, UAE capital’s
real estate event of the year

United Arab Emirates Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum was briefed yesterday (Monday 20 April 2009) on progress on major multi-billion dollar development projects across the emirates and further afield.

He received the briefings during an extensive visit to Cityscape Abu Dhabi, which runs until Wednesday (22 April 2009) at the Abu Dhabi National Exhibition Centre (ADNEC) and brings together investors, architects, designers, developers, government authorities and key decision makers involved in the design and construction of public and private real estate developments.

Sheikh Mohammed listened intently to briefings on projects planned and underway by the exhibiting companies that included Mubadala, Abu Dhabi Urban Planning Council, Al Ain Municipality, Al Maabar, Falcon City Dubailand, Capitala, Al Qudra, Tamhouh, Reem, Aldar, Iskandar, the Abu Dhabi Tourism Development and Investment Company, Dubai World Central, Al Markaz, Sorouh, ICT and Al Manazal.

“Cityscape Abu Dhabi is seen this year as the benchmark for the real estate investment industry in the region,” said Mark Goodchild, Exhibition Director with Cityscape organisers IIR Exhibitions. “The presence of His Highness Sheikh Mohammed following yesterday’s inauguration by His Highness General Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, further demonstrates the importance Cityscape has gained as a showcase for infrastructure development in the UAE.”

The show - the real estate event of the year for the UAE capital - is bigger than last year despite the market downturn and covers nine halls and the atrium of the ADNEC with more than 40,000 square metres of exhibition space. More than 300 companies from over 30 countries are participating with virtually all major developers represented.

Running alongside the exhibition is the Real Estate Finance and Investment Conference, featuring more than 100 speakers from the world’s leading finance, investment and real estate companies. The conference will be a forum for in-depth discussion of current market challenges.

Cityscape Abu Dhabi 2009 has received widespread backing from industry leaders. Headline sponsor is Mubadala Real Estate and Hospitality; Platinum sponsors are Aldar, Sorouh Real Estate, Al Qudra Real Estate, The Land Real Estate Investment and Development Company, Qatari Diar Real Estate Investment Company, and Burooj Properties; Investment sponsor is Abu Dhabi Investment House; Associate sponsor is the Abu Dhabi Department of Municipal Affairs. Gold sponsor is Tameer and Al Maabar; Silver sponsors are Aqaba Development Corporation and HSBC. The sponsor of the Real Estate Finance and Investment conference is Brand Experience. International Broadcasting Partner is CNN International and regional broadcasting partner is Al Arabiya.

For more details about Cityscape Abu Dhabi, please visit www.cityscapeabudhabi.com

Abu Dhabi projects win top awards

Abu Dhabi projects win top awards

Unique contributions towards architectural excellence and sensitivity to the environment recognised at Cityscape Awards for Real Estate in the Middle East

Two major Abu Dhabi projects – the zero emissions Masdar City and the new Capital City District – have picked up top honours in the Cityscape Awards for Real Estate in the Middle East for their unique contributions towards architectural excellence and sensitivity to the environment.

The awards were presented at a gala dinner at Emirates Palace Hotel attended by industry leaders during Cityscape Abu Dhabi, the international real estate and investment development event, taking place at the Abu Dhabi National Exhibition Centre until Wednesday (22 April 2009).

"The judges were also looking for projects that demonstrated innovative design and development concepts combined with architectural excellence and functionality," said Sarah Salera, Special Events Manager Cityscape, for organisers IIR Exhibitions.

In the development category, Abu Dhabi's Masdar City project won the best sustainable development award. The judges were looking in particular for innovative use of new materials, products and construction methods which deliver energy efficient, high performing green buildings.

In the architecture category the best urban design and master planning award went to Capital City District, Abu Dhabi, by the Abu Dhabi Urban Planning Council. The award recognises an outstanding project which best encourages or promotes a sense of place or significantly benefits an entire neighbourhood, town, city or region.

The best built waterfront development award went to the Fahaheel Waterfront project by Tamdeen Real Estate and Dar Al Omar. A future waterfront project, Les Cotes des Anges, in Tunisia, nominated by Halcrow Group was also awarded. The judges were looking for world class and distinctive waterfront developments which show sensitivity and maximise water as a resource.

The best built commercial/retail development award went to Cepa shopping centre by Ustuncelik of Turkey with the best future award in the same category going to Capital Gate, Abu Dhabi, by the Abu Dhabi National Exhibitions Company.

Best built residential development was Whispering Pines at Jumeirah Golf Estates, Dubai, by Leisurecorp with the best future award going to Pentominium Tower, Dubai Marina, by Trident International Holdings and nominated by Aedas.

Best built mixed-use development was Rotana Arjaan, Dubai Media City, Dubai, nominated by TVS Design with the best future award going to Al Mashtal, Abu Dhabi, by Sorouh and nominated by Arquitectonica.

The awards were sponsored by Etisalat, RAK Ceramics, Gaggenau and 2ig.

Cityscape Abu Dhabi 2009 has received widespread backing from industry leaders. Headline sponsor is Mubadala Real Estate and Hospitality; Platinum sponsors are Aldar, Sorouh Real Estate, Al Qudra Real Estate, The Land Real Estate Investment and Development Company, Qatari Diar Real Estate Investment Company, and Burooj Properties; Investment sponsor is Abu Dhabi Investment House; Associate sponsor is the Abu Dhabi Department of Municipal Affairs. Gold sponsor is Tameer and Al Maabar; Silver sponsors are Aqaba Development Corporation and HSBC. The sponsor of the Real Estate Finance and Investment conference is Brand Experience. International Broadcasting Partner is CNN International and regional broadcasting partner is Al Arabiya.

For more details about Cityscape Abu Dhabi, please visit

ADNEC’s ‘Capital Gate’ wins Cityscape Middle East

ADNEC’s ‘Capital Gate’ wins Cityscape Middle East

Future Commercial & Retail Development Award 2009

Abu Dhabi’s new signature tower believed to be ‘World’s Most Inclined’ is recognised as top MENA project

Abu Dhabi National Exhibitions Company’s (ADNEC) Capital Gate tower project has won the prestigious 2009 Cityscape Middle East Commercial and Retail Development ‘Future’ of the Year Award, beating other key projects in the MENA region.

ADNEC representatives accepted the award during a special Awards Gala Dinner hosted by Cityscape Abu Dhabi (Sunday, April 19, 2009) at the Emirates Palace Hotel in Abu Dhabi. Capital Gate received exceptionally high marks for criteria which included contribution to world architecture, culture, invention and imagination, respect for people, the planet, environmental awareness, and appropriateness in the MENA region.

Commenting on the award, Simon Horgan, ADNEC CEO said, “The Middle East real estate industry has recognised Capital Gate as a modern day icon for the region. This award is a tribute to the government’s support throughout the design and development of Capital Gate. It also acknowledges the dedication of the development team and partners. Capital Gate will honour the past and celebrate the future, providing Abu Dhabi with one of the world’s greatest commercial mega structures.”

Upon completion, the 160-metre, 35-storey tall Capital Gate will be an iconic ‘gateway’ into Abu Dhabi, reflecting the national identity and values of the country through its unique past and futuristic design. The tower will be connected to the historic Grandstand of the Abu Dhabi National Exhibition Centre and form a vital part of the AED 8 billion Capital Centre development, the world’s first exhibition lifestyle destination. The structure will offer 20,000 sqm of exclusive office space and be home to the 5-star “Hyatt at Capital Centre” - Hyatt Hotels and Resorts’ first hotel in Abu Dhabi.

Capital Gate’s distinctive 18-degree westward incline, was made possible through the use of an innovative “slanting core” concept never before used in other developments. As construction continues, ADNEC and RMJM architects have jointly submitted an application to the Guinness Book of World Records to be recognised as the ‘World’s Most Inclined Tower.’

The 2009 Cityscape Middle East Real Estate Awards is part of the 3rd Cityscape Abu Dhabi international real estate investment and development event running from April 19 to 22, 2009 at the Abu Dhabi National Exhibition Centre.

Capital Gate Key Facts:

Owner/Developer: ADNEC
Architects: RMJM
Project Manager: MACE
Main Contractor: Al Habtoor Engineering Enterprises
Hotel Operator: Hyatt Hotels and Resorts
Hotel Name: Hyatt at Capital Centre
Exclusive Offices: Retailers TBC


About Abu Dhabi National Exhibitions Company (ADNEC)

Abu Dhabi National Exhibitions Company (ADNEC) is a strategic international venue development and management company. ADNEC’s venue portfolio includes one of the most modern exhibition centre’s in the world - the Abu Dhabi National Exhibition Centre, and the UK capital’s largest exhibition and conference venue, ExCeL London.

ADNEC is creating unique business districts to serve Abu Dhabi’s rapid expansion and emergence on the global stage.

Development projects surrounding the Abu Dhabi National Exhibition Centre include Capital Centre (a mixed-use development of 23 residential, commercial and mixed-use towers adjacent to the exhibition centre), Capital Gate (an iconic 35 storey gravity defying feature tower, featuring the 5-star hotel - ‘Hyatt at Capital Centre’) and a 2.4km Marina zone.

In addition, ADNEC is expanding within the region, with The Al Ain Convention Centre, a residential and business micro city around a state-of-the-art convention centre.

For more information visit www.adnec.ae

Cityscape Abu Dhabi:Abu Dhabi unveils new Capital City District

Abu Dhabi unveils new Capital City District

Details of sustainable Arab city for 370,000 people, government ministries, universities and embassies revealed at Cityscape Abu Dhabi

Details of the massive new government and economic district for the capital of the United Arab Emirates was unveiled today (Sunday 19 April 2009) in the presence of His Highness General Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces.

A model of the Capital City District project is the centrepiece of the stand of the Abu Dhabi Urban Planning Council at Cityscape Abu Dhabi, the real estate and investment exhibition and conference, officially opened by Sheikh Mohammed. The Crown Prince was briefed by officials of the planning council on the project during an extensive tour of leading exhibitors at the show.

Work starts on the 4,900 hectare Capital City District in 2012 which, once completed, will serve as the government and economic centre for the UAE. It is planned as a sustainable, mixed-use city for 370,000 residents as well as federal government buildings, major universities, hospitals, embassies and international institutions.

“The Capital City District represents a once-in-a-lifetime opportunity to create a truly authentic and sustainable modern Arab capital,” said Falah Al Ahbabi, General Manager of the Urban Planning Council. The district, close to Abu Dhabi International Airport and Mohammed bin Zayed City, is planned to be linked by grand boulevards, shaded streets, open space and a world class public transport system.

Cityscape Abu Dhabi, which runs until Wednesday (22 April 2009) at the Abu Dhabi National Exhibition Centre, brings together investors, architects, designers, developers, government authorities and key decision makers involved in the design and construction of public and private real estate developments.

The show, bigger than last year despite the market downturn, takes up nine halls plus the atrium of the centre with more than 40,000 square metres of exhibition space. - 10,000 more than 2008. More than 300 companies are participating with virtually all major developers represented.

“Abu Dhabi, like other markets, may be feeling the effects of a slowdown but the measured approach to development and the full backing of the government means there are excellent growth prospects and a positive future outlook here in Abu Dhabi,” said Rohan Marwaha, Managing Director of the Cityscape series of events organised by IIR Exhibitions.

“Nevertheless, we can expect to see greater emphasis in future on regulatory frameworks, transparency and, perhaps, more time to sit back and carefully evolve strategies for the future,” he added. “Indeed Cityscape Abu Dhabi, our first event of 2009, will serve as the benchmark for the industry as we move further into the year.”

Other Cityscape events organised by the Middle East offices of IIR Exhibitions, include Cityscape Asia, Cityscape Dubai, Cityscape USA, Cityscape Latin America and Cityscape India. In recognition of the growing international stature of Cityscape – now established as the biggest global business-to-business real estate and investment event – a new brand identity was unveiled at Cityscape Abu Dhabi.

Bahrain-based strategic brand consultancy Unisono, were chosen by Cityscape to create the new brand identity. “Unisono helped us to create a more corporate, consistent and integrated approach, building a stronger foundation for future growth,” Marwaha said.

Running alongside the Cityscape Abu Dhabi exhibition is the Real Estate Finance and Investment Conference featuring more than 100 speakers from the world’s leading finance, investment and real estate companies.

Cityscape Abu Dhabi 2009 has received widespread backing from industry leaders. Headline sponsor is Mubadala Real Estate and Hospitality; Platinum sponsors are Aldar, Sorouh Real Estate, Al Qudra Real Estate, The Land Real Estate Investment and Development Company, Qatari Diar Real Estate Investment Company, and Burooj Properties; Investment sponsor is Abu Dhabi Investment House; Associate sponsor is the Abu Dhabi Department of Municipal Affairs. Gold sponsor is Tameer and Al Maabar; Silver sponsors are Aqaba Development Corporation and HSBC. The sponsor of the Real Estate Finance and Investment conference is Brand Experience. International Broadcasting Partner is CNN International and regional broadcasting partner is Al Arabiya.

For more details about Cityscape Abu Dhabi, please visit http://www.cityscapeabudhabi.com

Photo caption:

His Highness General Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, is briefed on the Capital City District project at Cityscape Abu Dhabi.

Bonyan Group to showcase ‘Eye of Ajman’ project at ‘Cityscape Abu Dhabi 2009’

Bonyan Group to showcase ‘Eye of Ajman’ project at ‘Cityscape Abu Dhabi 2009’

Developer to offer special rates for remaining plots within massive community development

April 18, 2009

Bonyan International Investment Group (Holding) L.L.C, one of the leading real estate companies in Dubai, has announced its plans to showcase ‘Eye of Ajman’ project at the upcoming ‘Cityscape Abu Dhabi 2009’, which will run from April 19 - 22, 2009 at the Abu Dhabi National Exhibition Centre. With aims to attract more investors amidst the current economic climate, the developer also revealed that it will be offering special rates for the remaining plots within the massive community development. Company officials have disclosed that the earthwork for the project has recently been completed and that they are gearing up to commence the second phase of construction.

Located approximately 20 minutes from Dubai at the Al Hamidiyah region and 10 minutes from Ajman Corniche, the ‘Eye of Ajman’ project incorporates a total of 109 plots, which can accommodate buildings that ranges from G+5P+17 to G+9P+60. During its participation, Bonyan Group will highlight the outstanding features of its high profile city development in its stand (6D20, Hall 6), including the outstanding lake and garden views for all the towers, ample parking spaces for residents and visitors, and a well-planned lay-out for the roads within the community. The developer is also aiming to ensure, that motorists and pedestrians can easily move around the city, which is also easily accessible via the Emirates Road.

“Amidst the challenges within the real estate market, our continuing operations, as well as our participation in events such as ‘Cityscape Abu Dhabi 2009’, underlines our unwavering commitment to deliver our project and meet the expectations of our investors,” said Anas Atatreh, Vice Chairman of the Board, Bonyan International Investment Group (Holding) L.L.C. “We aim to assist willing investors to acquire a high potential investment within ‘Eye of Ajman’ by offering special rates, thereby making it an even more attractive option to foreign and regional investors. We are confident that we will gain excellent sales within the event.”

Recent developments in the construction progress of the master-planned city development include the awarding of the earthworks contract to RAM Road Contracting L.L.C.. Furthermore, the developer also announced its aims to fully leverage the signed agreement between the Ajman Government and Malaysia-based power producer Malaysian Mining Corporation (MMC) to build the first coal-fired power plant in the region. Upon the completion of this energy initiative, all tenants within the ‘Eye of Ajman’ project will have continuous electricity supply for their comfortable use.

“As a result of the various initiatives of the Ajman Government to advance the emirate’s infrastructure; end-users, investors and businessmen from across the globe are steadily taking notice of Ajman as a viable destination for their various endeavours. As part of our growth strategy, we fully support all of the efforts being undertaken by the Ajman Government, and we pledge to continually build a lasting and positive reputation for the emirate through the quality and international appeal of our projects,” concluded Atatreh.


About Bonyan International Investment Group (Holding) L.L.C.
Bonyan International Investment Group (Holding) L.L.C. started its activities in 2002 and is now being considered as one of the leading real estate groups in the Middle East. The Group’s main activity is the development of real estate projects through ownership, partnership, or as development consultants. Offering a full suite of integrated and research-based services, the Group leverages several partnerships and strategic alliances with key regional and international business partners. Its wide array of value-added services include real estate project development, project management and value engineering, sales and marketing, as well as investment and feasibility studies, which are being offered to individual, corporate and institutional clients and partners. With offices in Dubai, Abu Dhabi, Muscat, Qatar, Riyadh and Amman, the company is playing an integral part in the development of the real-estate market in the region.

Organisers confident Cityscape Abu Dhabi will be bigger than ever, despite global slowdown

Cityscape goes back to its roots

Organisers confident Cityscape Abu Dhabi will be bigger than ever,despite global slowdown

With the global economic slowdown dampening enthusiasm for short-term speculative property investment, Cityscape Abu Dhabi which opens today (Sunday 19 April 2009) is going back to its roots, say organisers IIR Exhibitions.

Despite the downturn, however, the real estate event of the year for the capital of the United Arab Emirates will be more than 30% bigger than in 2008 in terms of exhibition space with virtually all major developers taking part.

Cityscape Abu Dhabi runs until Wednesday (22 April 2009) at the Abu Dhabi National Exhibition Centre and brings together investors, architects, designers, developers, government authorities and key decision makers involved in the design and construction of public and private real estate developments.

“This year we have nine halls plus the atrium, which is more than 40,000 square metres of exhibition space,” said Mark Goodchild, Exhibition Director for Cityscape Abu Dhabi. “That is almost 10,000 square metres more than 2008. In addition the event has the support and sponsorship of some of the region's biggest real estate players as well as the government of Abu Dhabi.”

A change in the profile of visitors compared with last year is expected by IIR Exhibitions. “Demand for real estate was at its peak during last year’s event and speculators and amateur investors were eager to capitalise on short term premiums,” Goodchild added. “That situation will not prevail this year and we expect the show to return to its real roots and by that we mean professional private and institutional investors looking at mid to long term opportunities.

“This is a reflection of the fact that while the global property development industry is facing challenges, Abu Dhabi is still moving ahead with infrastructure and project developments as well as taking a global lead in sustainable development.”
An example will be the unveiling at Cityscape by the Abu Dhabi Urban Planning Council of the massive Capital District project. Once completed, the 4,500-hectare Capital District will serve as a government and economic centre. It is planned as a sustainable, mixed-use city for 370,000 residents as well as major universities, hospitals and knowledge-based employment sectors, federal buildings, embassies and international institutions.

Running alongside the exhibition is the Real Estate Finance and Investment Conference, featuring more than 100 speakers from the world’s leading finance, investment and real estate companies. The conference will be a forum for in-depth discussion of current market challenges.

Real estate development and architectural companies at the forefront of the industry will be recognised at the Cityscape Middle East Real Estate Awards, sponsored by Etisalat, RAK Ceramics, Gaggenau and 2ig. Entries will be judged on their contribution to world architecture culture, innovation and imagination, respect for people, the planet, context, environmental awareness and appropriateness throughout the Middle East and North Africa.

Cityscape Abu Dhabi 2009 has received widespread backing from industry leaders. Headline sponsor is Mubadala Real Estate and Hospitality; Platinum sponsors are Aldar, Sorouh Real Estate, Al Qudra Real Estate, The Land Real Estate Investment and Development Company, Qatari Diar Real Estate Investment Company, and Burooj Properties; Investment sponsor is Abu Dhabi Investment House; Associate sponsor is the Abu Dhabi Department of Municipal Affairs. Gold sponsor is Tameer and Al Maabar; Silver sponsors are Aqaba Development Corporation and HSBC. The sponsor of the Real Estate Finance & Investment conference is Brand Experience. International Broadcasting Partner is CNN International and regional broadcasting partner is Al Arabiya.

For more details about Cityscape Abu Dhabi, please visit www.cityscapeabudhabi.com

RAK Ceramics to keep tabs on fresh ideas and new concepts at Cityscape Middle East Real Estate Awards

RAK Ceramics to keep tabs on fresh ideas and new concepts at Cityscape Middle East Real Estate Awards

RAK Ceramics and Laticrete throw support behind event to promote and cultivate quality and creativity in the real estate sector

April 16, 2009
RAK Ceramics, the world's largest ceramic manufacturer, and its joint venture partner Laticrete have announced that they will be Headline Sponsors of the Cityscape Middle East Real Estate Awards, which will gather industry leaders at the Abu Dhabi National Exhibitions Centre (ADNEC) on Sunday, April 19, 2009. Serving as one of the highlights of Cityscape Abu Dhabi, which will run from April 19 to 22, 2009 at ADNEC, the Awards will recognise the remarkable developments and achievements made by the MENA's real estate sector.

The Awards will be divided into the main categories of Architecture and Development with entries to be judged according to their contributions to world architecture culture, invention and imagination, respect for people, the planet, context, environmental awareness and appropriateness in the MENA region.

Dr. Khater Massaad, CEO, RAK Ceramics said: "RAK Ceramics' sponsorship of the Cityscape Middle East Real Estate Awards reaffirms our company's commitment to help promote and cultivate quality and creativity. With such a diverse participation, we are confident that the Awards will be able to discover fresh ideas and new concepts that will help the real estate sector become ever more exciting in the future. Furthermore, it is also a privilege for us to contribute to the success of a key segment of Cityscape Abu Dhabi, which is one of the premier industry events in the region."

RAK Ceramics is a USD 700 million global conglomerate in the ceramic industry that exports its products to over 135 countries, targeting architects, project developers and retail customers. The company offers a perfect blend of technical finesse and aesthetics through thousands of designs in ceramic tiles, Gres Porcellanato, and several models in sanitary ware. RAK Ceramics has entered into a joint venture in the UAE with Laticrete, a world-wide manufacturer and marketer of installation systems for ceramic tile and stone, to promote innovative technologies for tile and stone fixing.

Sherwoods to showcase best-selling properties in Dubai, Abu Dhabi, UK, France and India at Cityscape Abu Dhabi

Sherwoods to showcase best-selling properties in Dubai, Abu Dhabi, UK, France and India at Cityscape Abu Dhabi

Cityscape to serve as launchpad for major marketing campaign to highlight exciting investment opportunities in Indian real estate market

April 15, 2009
Sherwoods Independent Property Consultants has announced that it has prepared an exclusive range of international projects in Dubai, Abu Dhabi, UK, France and India to highlight its participation at Cityscape Abu Dhabi, the premier real estate investment and development showcase to be held at the Abu Dhabi National Exhibitions Centre from April 19 to 22, 2009. Sherwoods further revealed that Cityscape Abu Dhabi will serve as a springboard for a major marketing campaign that will highlight premium property investment opportunities in India, the emerging new frontier for global real estate investments.

Headlining the Sherwoods showcase are top-sellers in Abu Dhabi and Dubai, including the Jumeirah Beach Residence and Arabian Ranches in Dubai and the Marina Square, the first projected to be completed on Al Reem Island in Abu Dhabi. The Rive Gauche, an exclusive 24-apartment complex located off the shores of the picturesque Lake Geneva in Evian, France, and Arlington Street, a residential development property in London that features an exclusive, high-end line of seven fully furnished apartment units, will also be on offer. Sherwoods' Indian property showcase will include the golf-themed Wishtown Klassic Apartments in Noida and Jaypee Greens in Greater Noida, and the Pioneer Park, an integrated community project in Gurgaon, Haryana, south of the Indian capital city New Delhi spanning residential, commercial and retail amenities and a 5-star hotel development.

Iseeb Rehman, Managing Director of Sherwoods Independent Property Consultants said: "As one of the region's most important real estate showcase events, Cityscape Abu Dhabi remains a highly influential platform to promote Sherwoods' marketing initiatives. This year's edition will be particularly important in the wake of the global economic challenges; investors and property buyers will surely be keenly observing and scouting for new opportunities and Sherwoods is confident that our excellent range of value-loaded properties will be a key factor in driving back investor enthusiasm in the real estate sector."

Puniet Singh, Director of Operations & Project, Sherwoods Independent Property Consultants said: "Demand for real estate in India remains very strong and Sherwoods is thrilled to open opportunities for investors and property buyers to explore new investment options in this key market. Moreover, Sherwoods' property offerings are packaged with highly attractive financing options, particularly for Non-Resident Indian investors; the Indian banking sector has been flushed with capital despite the global economic challenges, largely because of a thriving retail deposits market supported by India's extremely large population, resulting in high liquidity and greater flexibility to offer real estate financing services. These factors indicate that India is certainly a safe haven for mid and long-term real estate investments and that now is the best time to invest in this vibrant growth market."

The Wishtown Klassic Apartments project in Noida, developed by Jaypee Group, is spread over 1,162 acres and offers signature Graham Cooke golf facilities; exclusive independent homes and luxury apartments; a Town Centre with cultural galleries, restaurants, cafes, high street retail and other facilities; a super-speciality Jaypee Medical Centre; and various social clubs with recreational and health facilities. Leading banks are offering Non-Resident Indian (NRI) investors of Wishtown Klassic Apartments up to 80 per cent financing. Jaypee Group’s other project - India's first golf-centric real estate development sitting on 452 acres of land in Greater Noida - features a Greg Norman-designed championship golf course, residential options ranging from exclusive independent homes to luxury apartments, a 170-room boutique spa, 60 acres of natural reserve and the Jaypee Integrated Sports Complex, which is known as India's finest sports club.

Pioneer Park developed by Pioneer Urban, located in Gurgaon in the State of Haryana, is a master development envisioned to provide a framework for a sustainable mixed-use community. With a total built-up area of 6 million square feet, the project will include apartment towers, low-rise townhouses, an expansive park that connects all sections of the community, play areas, retail and entertainment districts, a 5-Star hotel, top-quality shopping centres, restaurants, bars, art galleries and boutiques, and several other premium amenities.

Jumeirah Beach Residence (JBR) is the only freehold natural beachfront property in Dubai. JBR offers completed one, two and three-bedroom units with excellent views and financing options, while the development also features The Walk, Dubai's only open-air beachfront shopping destination. Offering a selection of villas and townhouses highly accessible to business districts such as Jebel Ali, Dubai International Airport and Downtown Dubai, Arabian Ranches is a gated family-oriented community that features a golf course, schools, a shopping arcade, and flexible financing options from all banks.

Marina Square is a prestigious marina development distinguished by iconic towers at the forefront of Al Reem Island. Scheduled for handover by late 2009, Marina Square is an excellent buy-to-rent opportunity for investors and property buyers. Featuring studio to five-bedroom apartments, the Rive Gauche in Evian, France is just 30 minutes away from the region's famed ski slopes and is highly accessible through direct flights to Geneva. Set for completion by 2011, Rive Gauche requires a minimal five per cent reservation fee and offers investors finance options. Arlington Street is nestled near the Green Park and directly opposite London's famous 'The Ritz' hotel, and is also in proximity to West End theatres, restaurants and main hotels, making it a truly premium-value property investment.

Founded in 1988 in the UK by Iseeb Rehman, Sherwoods has grown to become one of the leading international real estate companies. Sherwoods has established several international branch offices in the UAE, UK, France, and soon in other key locations around the world. The company offers a diverse range of services, including search and acquisition of properties, offshore company information, selling of properties, mortgage services, valuation and appraisal, legal and tax services, and lettings and management.

About Sherwood:

Sherwoods Independent Property Consultants are based in Dubai and currently have 3 offices throughout the UAE. They also have offices in the UK. Their portfolio includes a full range of client services tailored to meet the needs of either the one-off individual purchaser as a residential home or for investment purposes. Sherwoods currently showcases properties in UK, France, Spain, India, Pakistan, Morocco and Dubai.

Cityscape Abu Dhabi returns to Abu Dhabi, over 30% bigger than last year

Cityscape Abu Dhabi returns to Abu Dhabi, over 30% bigger than last year
3rd edition of the show confirms the success of ADNEC

The Abu Dhabi National Exhibition Centre (ADNEC) will see Cityscape Abu Dhabi return for its largest ever edition from 19th – 22nd April. This year’s event will be 32% bigger than the 2008 edition and will cover a gross area of more than 38,000sqm.

Since its launch in 2007, Cityscape Abu Dhabi has shown significant growth year on year. This growth will continue this year due to the expansion of ADNEC’s exhibition facilities to create the Gulf’s largest exhibition centre. Six additional exhibition halls have been added to the venue since the 2008 edition of the Cityscape Abu Dhabi enabling the event to span 9 exhibition halls, plus the Atrium.

Cityscape Abu Dhabi is one of many exhibitions at ADNEC to return to Abu Dhabi annually. This signifies the success that the capital is having in retaining its events and confirms ADNEC’s growing status as a powerful economic engine for the emirate. In addition to Cityscape Abu Dhabi, ADNEC will stage a huge number of events in 2009, over 50% of which are returning events.

Simon Horgan, ADNEC CEO said: “One of the main reasons why ADNEC was created was to attract new events to the capital and to then support their growth. Since the venue opened in 2007 we have been committed to helping organisers make their events more successful each season. Cityscape Abu Dhabi is a perfect example of an event which has been able to grow due to the support which ADNEC gives.”

Rohan Marwaha, Managing Director, Cityscape, IIR Exhibitions added: “The support of ADNEC has been instrumental in the success of Cityscape Abu Dhabi. The 2009 edition of the event will be the largest Cityscape Abu Dhabi that we’ve held, and we’re expecting to see a significant increase in visitors and investors coming from all over the world to Abu Dhabi.”

About Abu Dhabi National Exhibitions Company (ADNEC)

Abu Dhabi National Exhibitions Company (ADNEC) is a strategic international venue development and management company. ADNEC’s venue portfolio includes one of the most modern exhibition centre’s in the world - the Abu Dhabi National Exhibition Centre, and the UK capital’s largest exhibition and conference venue, ExCeL London.

ADNEC is creating unique business districts to serve Abu Dhabi’s rapid expansion and emergence on the global stage.

Development projects surrounding the Abu Dhabi National Exhibition Centre include Capital Centre (a mixed-use development of 23 residential, commercial and mixed-use towers adjacent to the exhibition centre), Capital Gate (an iconic 35 storey gravity defying feature tower, featuring the 5-star hotel - ‘Hyatt at Capital Centre’) and a 2.4km Marina zone.

In addition, ADNEC is expanding within the region, with The Al Ain Convention Centre, a residential and business micro city around a state-of-the-art convention centre.

For more information visit www.adnec.ae; www.alaincc.ae; www.capitalcentre.ae; www.capitalgate.ae; www.excel-london.co.uk

Cityscape Abu Dhabi to showcase transparent debate on the regional and global challenge in troubled times

Real estate investment industry takes stock

Cityscape Abu Dhabi to showcase transparent debate on the regional and global challenge in troubled times

The impact of the global slowdown on real estate investment and development markets regionally and internationally comes under the microscope at the Real Estate Finance & Investment conference and summit next month that form part of the Cityscape Abu Dhabi event.

“Conscious of the new market dynamics, the Cityscape Abu Dhabi conferences and summits taking place over four days, have been designed to stimulate discussion and transparency on the key issues facing the industry. It will be an open forum, where every delegate is a potential speaker,” said Kosta Petrov, Conference Director of Cityscape Abu Dhabi for organisers IIR Middle East.

“The global financial crisis has cast a shadow over the real estate industry worldwide with investors cautious,” he added. “The Cityscape Abu Dhabi conferences provide a timely opportunity to assess where we stand right now as well as when and where investment opportunities lie in the changed and challenging climate.”

Taking place from 19-22 April at the Abu Dhabi National Exhibition Centre,
Cityscape Abu Dhabi 2009 will be bringing together international and regional investors, real estate developers, government authorities and key stakeholders to assess current market challenges and develop strategies for the future.

Day one of the conference will focus on Abu Dhabi looking at the opportunities and threats to investment; legal issues and ways of funding developments in the UAE capital. Luxury or budget hotel investment will also be discussed along with proposals for affordable housing in Abu Dhabi.

“One would expect Cityscape Abu Dhabi to reinforce consumer confidence in the property sector and hopefully provide an impetus to the revival of the real estate development sector,” said Abid Junaid, the Executive Director of ETA Star Property Developers, one of the conference participants.

Running in parallel will be discussions on the USA real estate market; where global investors should look in troubled times; as well as special sessions on European real estate, investing in Russia and Asia.

Day two will have special streams on financing issues for real estate and on sustainable development. On the financial side, debate will centre on the challenges of liquidity in the market and whether Islamic finance can provide a solution. “Bankers will be there to discuss their role, post credit crunch, and investment managers will tell us if we can expect to see private equity taking a greater role,” said Petrov.

“The second day will also debate how far the credit crunch has affected the crucial issue for this region of sustainable development,” Petrov added. “Is sustainability cost effective, is enough being done, what does the future hold? – these are just some of the questions we need answers to.”

Sougata Nandi, the Sustainability Director of Dubai’s Tecom, will be one of the members of the sustainability panel at Cityscape Abu Dhabi. “Sustainability makes business sense,” he said. “It helps you become more profitable, helps you protect the environment and helps you serve society – all at the same time.”

Day three will be a Middle East Summit on the regional real estate market featuring chairmen, managing directors and CEOs of leading players such as Emaar, Sorouh, Abdali, Siraj Capital, Akwaan Properties, Rikaz, Tamdeen, Tashyeed, First Qatar Real Estate, Tadmur, The Wave Muscat, Al Madina, ETA Star, Darrat Jordan, Mawared International and Madaen Al Nour, among others. Special focuses will be on Saudi Arabia, Kuwait, Bahrain, Qatar, Oman, and Jordan.

“I expect to see some realism and developers and investors working together to create and offer sound, well thought out designs or redesigns which closely follow today’s markets,” said conference participant Nick Smith, the CEO of The Wave Muscat.

The fourth day, 22 April, will see the focus shift to retailing at a time of global financial crisis with overviews of the impact on regional markets along with lessons from elsewhere. Among leading participants will be Nakheel, MAF Properties, Alshaya and Colliers International.

Cityscape Abu Dhabi 2009 has received widespread backing from industry leaders. Headline sponsor is Mubadala Real Estate and Hospitality; Platinum sponsors are Aldar, Sorouh Real Estate, Al Qudra Real Estate, The Land Real Estate Investment and Development Company, Qatari Diar Real Estate Investment Company, and Burooj Properties; Investment sponsor is Abu Dhabi Investment House; Gold sponsors are Tameer and Al Maabar; Silver sponsors are Aqaba Development Corporation and HSBC. The sponsor of the Real Estate Finance & Investment conference is Brand Experience. International Broadcasting Partner is CNN International.