Exhibitors from eight nations line up for Cityscape Qatar
Posted on 29th September 2019
Local real estate and overseas second-home opportunities in spotlight
Exhibitors from Eight countries throughout the Middle East, North Africa, Asia and Europe are lining up for the 8th edition of Cityscape Qatar, the only real estate exhibition and conference of its kind in the Gulf state, which is set for a successful showing this October 22-24 at the Doha Exhibition and Convention Center.
To be held under the patronage of Sheikh Abdullah bin Nasser bin Khalifa Al Thani, Qatar’s Prime Minister and Minister of Interior, next month’s event will also feature a high-powered opening day conference and the highly popular Cityscape Talks series which will run on October 23 and 24.
A range of unparalleled investment opportunities within the local and international real estate markets are to go on offer to investors and homebuyers including second-home properties in Tunisia which is to have a dedicated pavilion at the show.
While major names from Qatar’s own expanding real estate sector will be present, including Qatari Diar and Qetaifan Projects, overseas developers are looking to lure investment to a range of projects.
“Qataris are a prime target for overseas real estate investment given that their nation is known as the richest country in the world with a per capita income of $134,620 and given the extensive air links available via the national airline Qatar Airways,” explained Carlo Schembri, Exhibition Director, Cityscape Qatar. “This has attracted developers from throughout the Gulf, Tunisia, Turkey, Malaysia and Switzerland to the show to promote second and vacation home options. Credit Agricole’s recent ranking of the Qatari sovereign wealth fund, Qatar Investment Authority as one of the world’s top five real estate investors has also increased the appeal.”
The overseas portfolio on offer includes a lakeside resort in Switzerland. The upmarket Florens Lake Resort & Spa, opening its doors in Interlaken in 2021, hopes to attract Qataris to its upscale vacation apartments that come with a hotel service. The resort’s Edwin Hanssen says Qataris are being targeted due to their proven preference for Switzerland as a vacation destination.
“Thanks to an exemption from Switzerland’s Lex Koller, the apartments are available for purchase to international buyers. Owners and visitors of these upscale apartments will enjoy the proximity to famous winter-sports areas and will have access to the resort’s private marina on Lake Brienz. With a unique 800m shoreline, offering stunning views of the lake and Alps, the resort will feature restaurants, a spa, fitness facilities and a kids’ club. Buyers will benefit from the resort’s rental concept to ensure an interesting return on investment. This is probably the last unique opportunity for non-Swiss buyers to purchase a lake-front holiday apartment with hotel service in Switzerland,” explained Hanssen.
The organizers of Cityscape Qatar, Cityscape and ELAN Events, are anticipating a high visitor turnout for next month’s event following promising exhibitor and visitor feedback from last year’s show which attracted over 9,000 participations and more than 40 exhibitors.
“This knowledge gathering programme enables investors, homebuyers and industry professionals to engage in a dynamic environment that will offer salient insights into the future of Qatari and Middle East real estate,” explained Schembri.
Attendance at the probing Cityscape Qatar conference is by invitation only with invites available by registering online at www.cityscapeqatar.com. Delegates will hear from industry thought leaders on the most important themes for real estate investment in Qatar. A combination of high-level presentations and an expert panel discussion will deliberate the latest sector trends.
The two-day Cityscape Talks series will be free-to-attend and will feature a wide choice of presentations covering a range of themes from ways to maximise real estate investment, to market trends.
And for the first time, INDEX Qatar, the only trade fair exclusively dedicated to Qatar’s interior design sector, will be co-located alongside Cityscape Qatar.
“This co-location provides visitors with exceptional synergy where design meets real estate. It maximises the value of both events providing visitors with the opportunity to optimise the value of their time spent at the events,” added Schembri.Back to all Construction News
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