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"In the days leading up to Cityscape, amidst ongoing turmoil in global credit markets, there was a great deal of anticipation about the response from investors and end-users to the largest business-to-business real estate investment and development event in the world,"
said Wasim Saifi, Group Chief Executive Officer, Tamweel.
"Following the conclusion of the first day of the event and the record response to our finance offers, we remain more convinced than ever that the fundamentals of the market here remain extremely sound.
"We are still a good three years away from supply-demand equilibrium in the Dubai market, and the appetite for well-priced properties remains unabated,"
he added.
"For real estate finance providers like Tamweel, the future therefore continues to appear extremely bright. We look forward to a successful conclusion to this important event, which will send a clear message of reassurance to markets here and, by extension, across the world."
Visitors to Cityscape Dubai can chose from a range of innovative real estate financing solutions from Tamweel and avail of exciting offers at its stand 6B30 in Hall #6. Cityscape Dubai 2008 takes place from October 6-9, 2008, at the Dubai Exhibition and Convention Centre
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Posted by Ehab Al-Abbadi
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