Number one meeting point for the property sector in Iran, IREXPO International Real Estate and Investment Exhibition will take place from 19-21 May 2016 at the Tabriz International Fair Ground to bring together all the key actors of real estate business.
Iran, 18th largest economy in the world by purchasing power parity.
Iran has proved its importance for the foreign investors as a country with the second-largest economy in the Middle East and North Africa region, fourth largest oil producer and second gas reserves owner in the world. Extremely strategic geographic location, relatively high level of education and literacy among the population, political stability, diversified economy and large domestic market are significant factors that makes Iran attractive destination for Western and Asian businessmen.
Sanctions lifted – Start of “Golden Page ” in the country’s economy
Lifting of economic international sanctions against Iran has opened up attractive big opportunities for foreign investors and businesses looking for a new emerging-economy market with a large middle-class population. According to New World Wealth’s statistics the number of dollar-millionaires living in Iran has jumped by 170% since 2000 and is seen reaching 55,000 over the next ten years.
Interest to real estate abroad
With lifting of international sanctions wealthy Iranians, companies and state-backed buyers increased their attention to overseas real estate market. As some experts say more than $8.5 billion will be invested into the real estate sector which becomes one of the main engines of Iran’s economy. Most favorable destinations of Iranian property buyers are expected to be UAE (Dubai), England (London), Switzerland, Germany and south of France.
IREXPO is expected to be a professional platform with more than 100 projects presented by leading overseas residential, office, retail and industrial property experts, developers, real estate agents and brokers, banks and management companies, auditors and insurance companies. The expectative number of visitors that will have a unique opportunity to meet and interact with companies is estimated as 8.000 visitors.
IREXPO team looks forward to meeting you on 19-21 May between 15.00 and 21.00 pm at Tabriz International Fair Ground.