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Leading industry experts from two separate and powerful regions – the UK and Middle East – will convene in Dubai to debate the future of real estate, including discussions on investment, disruption and future planning, at a major event later this month.
Influential decision makers from both regions – including developers, investors, property players and legislative representatives – will meet at the third EG Middle East Real Estate Forum at the Armani Hotel, Burj Khalifa, Dubai.
At this free to attend event, they will debate topics that are impacting real estate investment right now and in the immediate future.
Gulf investors have always considered the UK as a safe haven, but will Brexit impact them directly? With a softening UAE real estate market, will UK investors continue to make the returns of the past? Global industry topics include the effects of an economic slow-down, millennials entering the property market and the growth of proptech.
Topics in the UAE include the impact of the Government softening visas – but introducing taxes, the rise of real estate investment trusts (REITs), popular off-plan payment schemes, continuing approval of mega asset deals besides preservation of family wealth and Expo 2020.
The event will deliberate these issues and more, in conjunction with a 15 person strong UK Government, real estate investment and asset management delegation.
The key highlights of EG’s Middle Estate Real Estate Forum 2019 include:
•UAE five year economic outlook (presented by Andrew Jackson, HM Consul General British Embassy Dubai)
•Finding harmony between legislation and investments
•Improving cities with large scale infrastructure
•Executing partnerships and joint ventures for real estate success
•Reducing the risk of capital investment
•The sharing principle and data as a disruptor
Speakers from the UAE will include:
•Anwaar Al Shimmari, Director of Design & Chief Innovation Officer, United Arab Emirates Ministry of Infrastructure Development
•Mahmoud Hesham El Burai, Senior Advisor, Dubai Real Estate Regulatory Agency
•Aqil Kasim, Chief Commercial Officer, Nakheel
Damian Wild, the director of publishing at EG said: “It’s no surprise that the current political uncertainty in the UK might make UAE investors question whether the UK remains a safe haven for property investors. We’re confident that EG’s Middle East Real Estate Forum 2019 will persuade them that the UK still has much to offer UAE and GCC investors.”
“After all, the delegation we are bringing from the UK proves that government, investors, and developers are more determined than ever to showcase inward investment opportunities and learn lessons from other markets around the world. Some are also looking for opportunities to secure returns overseas, including in the Middle East,” he noted.
“This event will bring together leading players from both markets to debate these challenges. And as we learned at the last forum, both regions have more in common than might immediately be apparent. We hope to demonstrate how further collaboration between the UK and Middle East will bring great rewards for everyone involved – from large corporates and governments, to residents.”
Savills Middle East CEO Steven Morgan said: “The UK and Middle East have a long history of trade, commerce and investment. Our perspective is that real estate investment requires best practice advisory services, but that there is plenty of opportunity for cross border transactions covering a range of sectors.”
“At the Forum we will give insight into some of the key opportunities currently available for local and international investorsm,” he noted.-TradeArabia News Service