Cityscape, a key real estate exhibition, is all set to make its Bahrain debut next year as one of the first major shows at all-new Bahrain International Exhibition & Convention Centre.

This comes following an agreement inked by Informa Markets, the organisers of Cityscape, with the Kingdom’s Real Estate Regulatory Authority at the ongoing Cityscape Global exhibition in Dubai.

Cityscape Bahrain will cover all aspects of the real estate ecosystem, including residential, hospitality and commercial, as well as the latest prop-tech and financing initiatives to stimulate market growth.

International real estate player Savills recently highlighted Bahrain’s office market potential, citing it as outperforming other asset classes with demand remaining relatively stable, and landlords being flexible to retain and attract tenants with incentives including contributions to fit-out costs. 

Over 21,000 sq m of office space has already come online in the country this year, with a further 63,000 sqm expected to be delivered in Q4 2022.

"The debut of Cityscape Bahrain underlines Rera Bahrain’s commitment to modernising the kingdom’s real estate sector, remarked Abdulla A. Rahman Al Kooheji, the Director of Policies & Strategic Planning Directorate, and Secretary of the Board of Directors at Rera, after signing the deal with Chris Speller, Group Director at Informa Markets.

"Hosting the region’s leading real estate exhibition series will enable us to highlight Bahrain’s multifaceted and opportunity-laden real estate sector to investors, developers, corporates and individual buyers from across the Gulf, wider Middle East and beyond," he added.

Speller said the landmark agreement underscores Bahrain’s emergence as a high potential regional real estate player, with the kingdom prioritising the sector as a key inward investment generator.

"Cityscape Bahrain is an initiative fully aligned to the country’s National Real Estate Plan 2021-2024 in that it will assist the development of a sustainable real estate investment environment and contribute to creating an integrated eco-system enabling and attracting global investment and expertise," he stated.

"Our investor community is always looking for diverse opportunities to grow their portfolios. Bahrain’s focus on blue chip companies with high quality and reputable business operating standards will help it become a Middle East headquarter location of choice and an important route into the regional market," noted Speller.

Bahrain’s real estate industry has a bright future, and we plan to build an event that is best suited to help shape the kingdom’s real estate story and build a long-term legacy for the sector in this unique Gulf nation," he added.

The live and in-person event is being held in adherence with Informa AllSecure, an enhanced health and safety standards that raise the bar on safe, hygienic, productive, and high-quality organised event experiences.

 To view the source of this news, please click (here)