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    Press Release

    Permanent real estate exhibition centre to be established in Dubai
    24 Group brings together real estate companies and finance in one central venue

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    Dubai , UAE - October 25, 2008:  24 GROUP, one of the leading outdoor media specialists and exhibition stand builders, is establishing a permanent exhibition center where real estate players in the UAE and the Middle East can showcase their projects all year-round. The first permanent property and mortgage exhibition in the UAE is dubbed the Property Outlet and will be located at the shopping mall of Crowne Plaza Towers, in the heart of Dubai City’s business district.

    Supported by the Real Estate Regulatory Agency (RERA) and managed by 24 GROUP, the Property Outlet introduces a new concept in real estate exhibition in the UAE by creating a permanent display center which puts together the most prominent property developers, brokers, banks and private finance institutions under one roof.

    “This is a very timely undertaking as the UAE and the entire Middle East region continue their unabated property development boom,” said Fady Mohammed, Managing Director of 24 GROUP. “We are convinced that establishing a permanent exhibition center solely dedicated to real estate is the best way to keep companies and investors connected, it is small and personal as opposed to massive trade shows,” he added.

    Mohammed expects that the Property Outlet will be a great venue for real estate companies to showcase their work and where discerning investors will get up-to-date news on the latest projects, trends and solutions in the ever-growing sector. The finance sector and the RERA will be on hand to provide immediate financing solutions and regulatory advices respectively.

    The exhibit’s convenient location makes rates, offers and other information easily accessible to any interested person at anytime. “With the presence of highly-trained customer service professionals, people will walk away feeling more informed about their property investment options and move closer to making that important decision,” added Mohammed.

    All exhibitors must comply with the Real Estate Regulatory Authorities. The Outlet offers a fully-equipped exhibition area with ready custom made stands which include high-tech touch screens and other state-of-the-art features in the most strategic part of the mall. Mohammad added that because the overwhelming eagerness by real estate companies to showcase their current and future projects, exhibition space is expected to quickly sell out.

    The exhibition will be launched on November 28, 2008 and is organized by 24 GROUP, one of the leading outdoor media specialists and exhibition stand builders, is currently accepting bookings for interested exhibitors.


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