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Alongside the St George developments, Chesterton will display its extensive collection of freehold properties for buy-to-let investments in Abu Dhabi and the UAE. Salah Mussa, Chairman, Chesterton International LLC commented:
"Everyone in Abu Dhabi is looking for high quality properties for rent to match their first-class lifestyles. Demand is high and supply low for developments due for completion this year that investors will be able to take advantage of now. Those looking to purchase should also take note of the current confidence from the banks in nearly completed properties, which we will be displaying at Cityscape Dubai."
"With the Dubai property market and wider economy set to grow at a rate of four to 6% per year until 2015, the number of key master plan projects on schedule to open or complete in the UAE this year are also set to rise. Such reports have fuelled the current confidence in the UAE property market, and as the UK is reporting similar positive developments both markets provide enticing investment opportunities for owner occupier and investor buyers," added Brendan Coakley, Managing Director, Chesterton International LLC.
"At Cityscape Abu Dhabi 2009 Chesterton showcased £750m worth of property from across the world and featured the opening of our new head office in Abu Dhabi. This office complements the Chesterton network of 65 offices across the UK, EU, Asia and Australasia - all of which provide clients with our long-standing global industry knowledge and the in-depth expertise of our local staff.
The more positive market has provided us with even more inspiring properties to present to potential buyers at Cityscape Dubai 2009," added Brendan Coakley.
In addition to promoting a number of exclusive international residential properties located in the UK and Europe, Chesterton UAE is offering luxury houses and apartments developed by a number of reputable local companies. Chesterton aims to cater to UAE investors who wish to expand their local or international real estate portfolios, or both, and individuals who simply wish to buy first or second homes in Dubai or abroad.
In its eighth edition, Cityscape Dubai 2009 will bring together industry professionals including property developers, investors, government and property development authorities, architects and consultants from over 130 countries.
Posted by Rima Ali Al Mashni
