Vision Magazine Online Issue 1
Vision Magazine Online Issue 1
Vision Magazine Online Issue 1
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Cityscape<br />
Special<br />
Cityscape Returns<br />
Abu Dhabi’s real estate market remains robust as<br />
highlighted by the return of Cityscape to the Emirate<br />
Contents:<br />
Cityscape Returns Page 1<br />
The UPC at Cityscape Page 2<br />
A Sustainable Capital Asset Page 4<br />
Putting People First Page 7<br />
Modelling our Future Page 10<br />
Cityscape Abu Dhabi<br />
in numbers 2009<br />
No of stands: 265<br />
No of exhibitors<br />
317<br />
(including stand shares):<br />
Exhibiting countries: 34<br />
Total attendance: 33,186<br />
Visitor countries<br />
87<br />
represented:<br />
Average days attended: 1.2<br />
Top 5 Overseas Visitor Countries<br />
1. United Kingdom 2,469<br />
2. U.S.A 899<br />
3. Saudi Arabia 661<br />
4. Bahrain 367<br />
5. Oman 342<br />
Within four years, Cityscape Abu Dhabi has established<br />
itself as a highlight on the international real estate<br />
calendar.<br />
Last year, the exhibition and conference attracted more<br />
than 33,000 participants from 87 countries cementing<br />
the event’s position as one of the leading real estate<br />
events in the world.<br />
“This year we’re expecting a similar number of participants<br />
as in 2009, which is an incredible achievement when you<br />
take into consideration that even the most established<br />
real estate events globally are seeing participation fall by<br />
up to 60%,” says Rohan Marwaha, Managing Director of<br />
Cityscape. “This is testament to the strength of the Abu<br />
Dhabi real estate market.”<br />
With Cityscape events in almost every major emerging<br />
market, namely India, China, Singapore, Brazil, Dubai and<br />
Saudi Arabia, Marwaha is well placed to comment on Abu<br />
Dhabi’s real estate market.<br />
He highlights the role of the Urban Planning Council<br />
(UPC) and, in particular, the Capital 2030 Urban Structure<br />
Framework Plan (formerly called Plan Abu Dhabi 2030)<br />
as providing Abu Dhabi with a key advantage over other<br />
international markets.<br />
“The UPC is providing Abu Dhabi’s real estate market<br />
with a clear vision, while Capital 2030 ensures that<br />
the city is properly masterplanned,” says Marwaha.<br />
“Too often in emerging markets there is no strategy for<br />
development, which can lead to significant problems with<br />
infrastructure, supply of utilities, aesthetics and many<br />
others. This is clearly not the case in Abu Dhabi given the<br />
UPC’s vision and ongoing careful consideration of many<br />
factors throughout the masterplanning process.<br />
“Abu Dhabi is providing confidence through transparency,<br />
which is obviously attractive to local and international<br />
investors, while also helping to preserve the Emirate’s<br />
culture, heritage and natural environment.”<br />
The efforts of the UPC and Capital 2030 are now being<br />
recognised internationally. Attracted by Abu Dhabi’s<br />
population and economic growth forecasts, and the<br />
clarity provided within Capital 2030, Abu Dhabi is now on<br />
the radar for many international investors.<br />
This is being translated into a greater number of overseas<br />
visitors to Cityscape Abu Dhabi. In 2009, nearly 7,000<br />
overseas delegates flew in to Abu Dhabi to visit Cityscape;<br />
a number that represents about 20% of all participants.<br />
This number is expected to rise further this year.<br />
The UPC is providing Abu<br />
Dhabi’s real estate market<br />
with a clear vision, while<br />
Capital 2030 ensures that the<br />
city is properly masterplanned<br />
Rohan Marwaha,<br />
Managing Director,<br />
Cityscape<br />
Marwaha says Cityscape has developed a close<br />
relationship with the UPC to help it better understand<br />
the future direction of Abu Dhabi’s real estate market,<br />
to ensure the exhibition and conference is tailored<br />
accordingly. Cityscape organisers have also worked<br />
closely with the UPC on its stand, which will be the<br />
largest at this year’s exhibition and will showcase a model<br />
of Abu Dhabi measuring 23 metres by 17 metres.<br />
But Marwaha is keen to stress that Cityscape Abu Dhabi is<br />
about far more than just the exhibition.<br />
“We have a full three-day conference programme that<br />
has different streams depending on your interest. We have<br />
also organised investor round tables; the Cityscape Awards<br />
for Real Estate and various networking opportunities,<br />
including business breakfasts, a golf tournament, a CEO<br />
networking lunch, a cultural evening, cocktail party and<br />
an investor and developer networking reception.<br />
“Cityscape is about enabling the real estate industry to<br />
share knowledge and best practice; it’s about creating<br />
transparency, networking and building new relationships.<br />
When this happens then more business is done, which is<br />
good news for Abu Dhabi’s real estate market.”<br />
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