Kuwait Real Estate News
Kuwait International Property Show 2013 to concluded
Kuwait International Property Show (KIPS) held at the Kuwait International Fair Ground, Mishref Hall 8, concluded on 23 November 2013. This year, KIPS began on 18th November, organized by Top Expo Group.
KIPS 2013, the sixth edition of the annual event, involved participation of more than 66 firms, which offers more than 200 projects in 15 Arab and European nations. Displayed on the offer in the show are lands, villas, flats and beneficial ownership documents.
The Chairman of Top Expo Group, Sheikh Malik Al Sabah, said real estate exhibitions boost the economy due to their importance. Further, Kuwaiti investors occupy high rank and constitute large percentage of investors in the real estate sector worldwide.
As per statistics, there is an increase in number of Kuwaiti investors, both individuals and companies, in the regional and international real estate sector, as they usually search for fresh opportunities in active and vital markets, Al Sabah said.
Several companies are selling projects to Kuwaitis, and believe that it is an excellent opportunity for them to know new investors, apart from marketing projects in KIPS, he said.
The KIPS is one of the biggest real estate events in Kuwait, and has always witnessed huge participation from various categories, with different needs and demands. There has been an increase in apartments offering alternative solution for nationals, amidst price hikes.
Located adjacent to the Sixth Ring Motorway, the International Fair Grounds are just 15 minutes away from Kuwait International Airport, and are easily accessible by road from anywhere in Kuwait City.
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