The Sharjah Real Estate Registration Department (SRERD) in collaboration with the Sharjah Chamber of Commerce and Industry (SCCI) and the Representative Committee of the Real Estate Sector Business Group working under the SCCI umbrella, have announced an integrated action plan to launch the seventh edition of the real estate investment exhibition, ACRES 2020.
The real estate exhibition, which will be held from 5-7 March, 2020, will be organised by the SCCI under the patronage of the Supreme Council Member and Ruler of Sharjah, HH Dr Sheikh Sultan bin Muhammad Al Qasimi.
The SCCI is developing a clear and transparent mechanism to ensure the participation of local and international enterprises, in addition to developing innovative criteria to ascertain the credibility of the projects showcased at the event, according to state news agency, Wam.
Commenting on the industry event, the SCCI director-general, Mohammad Ahmed Amin Al-Awadi, said: “At the SCCI, we are keen to organise this annual event to keep pace with the economic and cultural development of Sharjah and to emphasise the key role of the real estate sector, as one of the UAE’s leading investment sectors, in boosting the domestic economy, which has made great strides towards achieving its developmental goal, as per the wise directives and leadership of HH Dr Sheikh Sultan."
The director-general of the Sharjah Real Estate Registration Directorate, Abdul Aziz Ahmed Al Shamsi, said: “ACRES has become one of the most important events that bring together decision-makers, leading institutions, and most important investors in the construction and real estate development sector under one roof to learn closely about the latest developments of this vital sector in Sharjah.”