BIZ BAHRAIN JAN-FEB 2018

Highlights | Real Estate
Bahrain Property Brokerage Expo 2018
Connecting all Real Estate Stakeholders
Held under the patronage of H.E.
Eng. Esam bin Abdullah Khalaf,
Minister of Works, Municipalities Affairs
and Urban Planning, on 14th and 15th
March 2018, Bahrain Property Brokerage
Expo 2018 promises to be an invaluable
annual real estate platform where
sellers and buyers can meet under one
roof. Organized at the at the Bahrain
Convention Center - Crowne Plaza Hotel,
visitors had an excellent opportunity
to shop across a spectrum of available
properties with different price ranges and
specifications.
This inaugural event held for the first
time this year is organized by Bahrain
Real Estate Association with Expressions
Marketing Communications and in
strategic partnership with Tamkeen and
supported by many key institutions in
the region. The Expo intended to fill the
gap between local demand and supply of
residential and commercial properties
offered, and has been hugely succesful
in serving a significant segment of
investors and beneficiaries of housing
facilities. It has also proved a boon to new
investors like newlyweds looking to set
up a home, and GCC nationals. It has also
provided an opportunity to meet with
real estate brokers, property developers
and other service providers who will offer
supporting services needed by property
buyers.
Bahrain Property Brokerage Expo
2018 has been organized in line with The
Bahrain Economic Vision 2030, which
supports economic investment in non-oil
sectors. Bahrain Property Brokerage Expo
2018 is gaining tremendous support and
participation from regional traders and
property agents working in the real estate
sector. It will also empower a generation
of qualified and passionate Bahrainis who
will drive the real estate sector to thrive
in the Kingdom of Bahrain.
Bahrain Property Brokerage
Expo 2018 also promotes a culture of
property investment, supporting the
development of professionals wanting
to work in the real estate sector and in
services available in the field of property
investment and brokerage.
Supporting the many apparent benefits
and potential that the Expo offers, its
main objectives are very much in line
with the direction of the government in
promoting Bahrain as a key investment
centre.
• It sets the focus on the contribution
of the real estate sector as a non-oil
sector in local economy.
• Attract and facilitate GCC property
investments in the Bahraini market.
• Gather all related regulatory
& licensing entities, property
brokers,property developers, service
providers and financial institutions
allunder one roof.
• Showcase existing and future
properties at competitive prices.
• Create a periodic event where real
estate investors and professionals
can meet and interact.
• Enhance the transparency in the
real estate sector.
• Motivate and direct entrepreneurs
towards working and investing in
real estate.
• Train and develop real estate
practitioners for property
investment and brokerage.
• Identify the main obstacles facing
the real estate sector.
Alongside the main event, the Expo
also hosted several parallel seminars
that covered a variety of relevant issues
and current real estate topics including
Discussions on new regulations and
opportunities; training of Bahrainis
to work as property professionals and
practitioners, property investment and
marketing, and regional and local real
estate trends.
64 January-February 2018