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Cityscape Dubai visitors down 50%
- United Arab Emirates: Wednesday, October 14 - 2009 at 15:19
Organizers of Cityscape Dubai said today visitor numbers at this year's event fell around 50% on last year, to around 38,000, and exhibitors were down from 340 to 218. In a statement, Rohan Marwaha, Managing Director of Cityscape Dubai, said he was not surprised by the turnout and claimed that Cityscape held up well by international standards. 'We saw a shift back to market fundamentals at Cityscape Dubai this year. The speculators and other amateur investors were conspicuous by their absence as were any hint of unrealistic or dazzling developments. The mood was sober and professional. However compared with other real estate events in Europe and Asia, Cityscape by comparison was very well supported,' he noted.
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StaffWednesday, October 14 - 2009 at 15:19 UAE local time (GMT+4)
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