Real Estate Exhibition in Bahrain Experiences Unprecedented Success
The recently concluded Real Estate Exhibition in Bahrain has received commendation for its remarkable success from prominent figures in the industry. The Survey and Land Registration Bureau president and head of the Cityscape Bahrain Real Estate Exhibition High Organising Committee, Shaikh Salman bin Abdulla bin Hamad Al Khalifa, along with the Real Estate Regulatory Authority (RERA) chief executive, Shaikh Mohammed bin Khalifa bin Abdulla Al Khalifa, have expressed their admiration for the event.
The exhibition, which showcased properties worth a staggering $8 billion, has exemplified the significant attention and support given to the real estate sector by His Majesty King Hamad and His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister. This unwavering focus on the industry has propelled the kingdom’s stature to new heights on the global stage.
Shaikh Mohammed bin Khalifa bin Abdulla Al Khalifa, the RERA chief, has particularly lauded the exhibition for its unprecedented success in terms of visitor turnout. The event witnessed a remarkable increase in sales, with a total of around BD240 million generated within the first five days. This represents a notable surge of 140% compared to the previous year’s figures. The real estate exhibition boasted the participation of more than 40 local and international companies, further contributing to its resounding triumph.
The outstanding achievements and positive reception of the Real Estate Exhibition highlight the ongoing growth and potential of the real estate sector in Bahrain. The event serves as a crucial platform for industry players to showcase their projects, establish partnerships, and capitalize on the kingdom’s flourishing real estate market.
Frequently Asked Questions (FAQ)
- What was the value of the properties showcased at the exhibition?The properties showcased at the exhibition were worth $8 billion.
- How much were the sales during the exhibition?The sales during the exhibition reached around BD240 million, representing a 140% increase compared to the previous year.
- How many companies participated in the event?Over 40 local and international real estate companies took part in the exhibition.
Note: The information provided in this article is based on the original source article from Al Hilal Publishing and Marketing Group.
