Paris, Lyon and Warsaw will compete head-on with London to woo regional investors at Cityscape 2005, the Middle East’s Premier International Property Investment and Development Event.

Despite being one of the most expensive property locations, London still remains a favoured destination for overseas businesses and workers. The Birmingham City Council has freed up 3.2 million sq ft of office space in London. Apart from this London is gearing for some larger project such as the Cardinal Place – a mixed development that includes 9,250 sq m of retail and 50,750 sq m of office space; and the redevelopment of the former Battersea Power Station. This 15-hectare site will be home to 405,000 sq m of space.
Paris is also offering residents in the Middle East an opportunity to invest and partner in the second largest real estate market in the world, after New York.
France’s second-largest city Lyon offers a thriving economy and a quality setting – all things the city is keen to capitalise on in terms of attracting investment and business from overseas.
Warsaw will also make a high profile appearance at Cityscape 2005. The city is the scene of many impressive developments at the moment including a shopping centre, a 25,000 sq m office, service and hotel building and one of the largest multi-use developments currently under construction in Europe.
“The participation of the cities of London, Paris, Lyon and Warsaw at Cityscape 2005 show that these low risk, mature markets still continue to attract incredible interest here in the Gulf,” says project director Franck Dailles.
The Middle East’s premier international property investment and development event, Cityscape 2005 takes place from September 17 to 19 at Dubai International Exhibition Centre in Dubai, UAE.