Sakana sponsors Gulf Real Estate Conference

Commenting on Sakana's motivation for pledging to be the conference's sponsor, Mr. R. Lakshmanan said, "Sakana has been extremely successful both in terms of our business, and also being a leading provider of mortgage finance."

Lakshmanan added, "Our commitment to pushing the boundaries of the region's real estate finance sector also includes our decision to participate in key industry events. This allows us to add value by sharing our unique experience and by networking with other key players in order to keep a finger on the pulse of this dynamic market, particularly important as recessionary pressures ease."

Mr. M. A. Sridhar, CEO of Roshcomm, the event's organisers, said:

"We have been successfully ramping-up our sponsorship programme as evidenced by key brands showing their commitment to the only regional real estate event of its nature. Sakana is one of the leading real estate finance providers operating in the Kingdom of Bahrain. We are very pleased to bring Sakana on board as a valued silver sponsor, yet another proof that the conference is fast emerging as the leading event for the real estate, banking and finance communities. The Conference theme is also very relevant to the current financial and economic condition that is being witnessed around the world. Participants could be in for serious enlightenment as many leading speakers share their expertise in real estate and banking through presentations, discussions and one-on-one meetings over a span of two days."

The Conference assumes further importance in light of the easing recessionary pressures on the regional economy. As the credit crunch and dysfunctional money markets are coming round the corner, the real estate sector still remains a significant contributor to national economy. As many countries are easing out of recession, a brisk recovery in the stagnant real estate sector is slowly gaining momentum. Despite repeated assurance from the investment pundits across the GCC about sound economic fundamentals and negligible swings, the market continues to be skeptic. The event would address all such issues and dispel unfounded prejudices and speculations. The Conference would address topics such as "Bahrain Real Estate Markets and the impact of Global Credit Crunch", "Global Credit Crunch - Lessons learnt", "Real Estate And Banking - the inevitable link" "Strategies to put together a world-class REIT" and many more. Mr Lakshmanan will also deliver a key-note speech at the Conference."

This highly prestigious international event, which will take place in Bahrain from 17-18 November 2009 is well-poised to attract the largest gathering of Real Estate Gurus and thought leaders ever to come together in the region.

Gulf Real Estate Fundamentals Conference 2009 - the truly international real estate event for real estate professionals will be held at the Bahrain Crowne Plaza Hotel, Kingdom of Bahrain. Already the event is attracting leading, international providers of Real estate solutions, services and technologies across the GCC, Asia and the UK.