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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 />

Page 1

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