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Eye of Riyadh
Eye of Riyadh
Business & Money | Thursday 29 March, 2018 12:33 pm |
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ACRES Brings Record Attendance and Sales Transactions

UAE, Sharjah, 29th March 2018 – The 5th edition of the Real Estate Exhibition Acres 2018, wrapped up at Sharjah’s EXPO Centre. Investors and industry professionals gathered to explore the latest and most promising investment opportunities in Sharjah, and learn about the sector’s growth potential, emerging trends, and government initiatives.

The exhibition was held under the patronage of His Highness Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah and inaugurated by Sheikh Abdullah bin Salem Al Qasimi, Deputy Ruler of Sharjah.

Acres 2018, organized by the Sharjah Chamber of Commerce and Industry (SCCI) and the Sharjah Real Estate Registration Directorate, is the largest real estate event in Sharjah and one of the most prominent events in the real estate industry. The event had more than 5,000 people in attendance and more than 45 local and international companies participated.

HE Khalid bin Butti Al Hajri, Director General of Sharjah Chamber of Commerce and Industry, thanked the Sharjah Expo Center for their efforts and continued support. He also thanked the Sharjah Real Estate Registration Directorate, who contributed to the success of Acres 2018.

In addition, he concluded that the increase in investment volume confirms the confidence the Sharjah real estate sector enjoys, which is key to achieving economic stability and contributes to national prosperity.

Mr. Saeed Ghanim Al Suwaidi, Chairman of the Representative Committee of the Real Estate Sector at the Sharjah Chamber of Commerce and Industry (SCCI), said that Acres 2018, has proven its ability to provide innovative real estate investments in the emirate, and has contributed significantly in attracting new investors and offer a competitive platform for real estate development, as well as highlighting the emirate’s potential.   

In addition, Al Suwaidi commented that this year's exhibition witnessed some great competition between leading real estate developers in terms of providing essential benefits including the best value, discounts, offers, payment and financing plans for residential and commercial projects.

"This is our first time at Acres 2018, and by participating we have been able to expand our message and support towards Sharjah’s increasing investment diversification in the region," said Shaher Mousli, Chairman and CEO of Arthur Mackenzy Properties Group in a statement.  

The Chairman added, "Sharjah’s expected economic growth in the face of regional uncertainties make the emirate a safe-haven for long-term investors. Sharjah’s realty has an untapped potential and is a place to watch when thinking of a strategic investment. The positive response received for our latest project the ‘Saraya Residences’ testifies to the shift in preference towards owning a property.

ACRES official sponsors included; Tilal Properties, Sharjah Municipality, Roads and Transport Authority – Sharjah and Government of Sharjah – Department of Planning and Survey.

 

For more information visit: acresme.com

For media queries please contact:

Marah Yaseen, Marketing Manager ACRES

M: +971 50 499 4334
E: [email protected] 

Iris Nibbering, PR Consultant

M: +971 50 462 4491
E: [email protected]

 

 

 

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