IREIS 2009 attracts international attention, despite global economic woes

Abu Dhabi is renowned for its investor-friendly climate and legal structure, and occupies a leading position in the global real estate market due to its ability to attract quality developers construct mega projects.

IREIS is considered to be the emirate's premier annual property show, and this year's show is taking place from 27 to 29 January at the Abu Dhabi National Exhibition Centre.

A number of dignitaries and VIPs have paid visits to the event, coming to view the latest property market trends and developments. Among the visiting VIPs was HH Dr Sheikh Sultan Bin Khalifa Bin Zayed Al Nahyan, who toured the exhibition to have a look at the property activities, praising the efforts exerted by real estate companies, particularly in this difficult economic period, to develop the UAE property market, and thanking the exhibition organizers for putting together a wonderful event.

Cornerstone's stand showcases a number of projects by various developers, and the firm also has a presence at the stands of three other major developers - Dhafir, Rakaa and Al Badie Group - as the exclusive agent for these developers. Cornerstone CEO Mr Ziad S. Bushnaq is also giving a daily presentation entitled 'what is available in Abu Dhabi and at what price?', which will take place every evening.

Bushnaq, says:

"We are very excited about our participation in IREIS 2009, as it provides a platform from which all those involved in the real estate industry can become acquainted with the latest developments in the sector. IREIS 2009 presents a perfect opportunity for us to lend our expertise and to introduce our projects to the region. Cornerstone has an in-depth understanding of the requirements of the UAE's real estate market, which has been widely recognized as one of the top markets in the world."

Cornerstone was established in 2004 by a group of experts and specialists with diverse backgrounds in banking, finance, and marketing communications. From inception, the company has displayed both impressive performance and striking potential, which has given the firm credibility. Within four short years, the company has evolved from a simple real estate agency to a fully-integrated real estate solutions company with offices in Dubai, Abu Dhabi, Amman (in Jordan), Damascus (in Syria), and with ambitions to expand throughout the region.

IREIS 2009 presents an ideal opportunity for the signing of major property deals, given the fact that this show is the first event specialized in finalizing deals between property developers, investors and end users. The event will occupy an exhibiting space of 12,800 square meters, an increase of 28% from last year. The number of visitors and exhibitors to this year's event are also expected to increase by from IREIS 2008.