Strategic Marketing & Exhibitions and Trade Mate launch Russian edition of the exhibition
The Russian real estate market has set an all-time investment record of over USD 4.2 billion (AED 15.4 billion) in 2007, due to the increase in international players entering the market and the growing activity of local investments. In a bid to leverage the rapidly growing market, Strategic Marketing & Exhibitions, organizers of the International Property Show in Dubai, and Trade Mate, a leading exhibitions management company in Moscow, launched the Russian edition of the biggest transactional exhibition in the Middle East. The Moscow International Property Show, which is slated to run from October 24 - 26, 2008 at the Exhibition Center Crocus Expo, Moscow, is set to witness the participation of industry professionals and leading developers from Russia, its neighboring countries and the Middle East.
The unprecedented rise within the properties market in Russia has been attracting more and more local individuals, companies and banks to invest in real estate, which is currently being considered as one of the most attractive and profitable investment today. An investor's profits from real estate operations, depending on the type of investment, could vary from 8.5 per cent to 35 per cent per year. Real estate is also one of the three biggest contributors to Russia's economic ascend, charting a continuous growth within five consecutive years, which has reflected growth of up to 70 per cent. In addition, the presence of high profile local and internationally-based developers, which were responsible for the proliferation of luxurious and state-of-the-art commercial, residential and mixed-use projects in Russia has further driven its popularity especially in the Gulf region as an emerging real estate destination.
"The upward momentum, which the Russian real estate market is currently taking, has inspired us to extend the advantages of a definitive and highly organized avenue such as the International Property Show, which has significantly propelled the real estate sector of the UAE to this new and potential-laden market," said Dawood Al Shezawi, Managing Director, Strategic Marketing & Exhibitions. "Further to providing an opportunity for Russia-based developers to market their offerings to a high net worth group of international investors, the event will highlight the significant presence of Russian investments in the Middle East and other established real estate hubs. The steadily growing number of investments from the Gulf to this market attests to its promising potential, which is expected to further grow in the coming years."
Set to occupy more than 5000 sq. meters, Moscow International Property Show 2008 will be the largest exhibition of investment projects in Russia. In line with the objectives of the organizers, who have gathered considerable experience in mounting high impact events in several fast-growing markets such as Dubai, the event seeks to provide an effective platform for developers to showcase their property offerings to a wide range of high potential global investors. Real estate firms and developers from highly progressive regions such as the Middle East will also be given a tremendous opportunity to meet and network with Russian investors who are looking for new investments in emerging and untapped markets.
With focus on disseminating relevant and accurate information and market findings that significantly affect the present real estate business landscape, the show is expected to present attendees with a thorough dissection of the motivations of today's investors, in addition to pressing issues on mortgage, taxation, and property and assets management. Industry experts will also be expound on analysed market realities, including basic tendencies on real estate markets in foreign countries, comparative characteristics of real estate markets and territories, and procedures and details of buying and owning property abroad for Russian citizens.
"Our partnership with Trade Mate was born out of our desire to expand the reach and potential of the International Property Show, which has grown to become the biggest transactional show in the Middle East and has attracted extensive global and regional interest. By combining their expertise in Russia and our expansive knowledge of the global and regional landscape, we are confident that the Moscow International Property Show will be a resounding success similar to the Dubai edition," concluded Al Shezawi.
Established in 2001, Trade Mate is an activity and exhibitions management organization, which specialises in planning and development of strategic and creative campaign concepts and other exhibition and advertising services. Offering complex business solutions to its clients, the company focuses on driving its consumer's benefits by promptly delivering requirements, which include exhibition grounds design, working drawings and 3D vizualisation, and certain original structures such as stands and showcases, among others.
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About International Property Show 2008The International Property Show is the region's comprehensive public and trade exhibition for the international and regional property market. Organized by Strategic Marketing & Exhibitions, the exhibition will bring together international and regional exhibitors, property developers, financiers, real estate agents and consultants, designers and others involved in the real estate industry in the UAE and the Middle East and prime real estate markets in the world. Last year's edition was a huge success with multi billion dirhams worth of deals conducted over the three day run and more than 18,764 visitors from 70 countries, with a majority of 60 per cent from the corporate sector.
© Press Release 2008
