Meraas to exhibit at Cityscape

Now this I've got to see....will they be in the urban demolition section?
Source: ConstructionWeekOnline
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Meraas, the developer behind the US$95.2 billion Jumeira Gardens project, will be exhibiting at Cityscape Dubai in October after remaining out of the public eye for a year.
Jumeira Gardens was unveiled by Meraas at last year’s exhibition and was pitched to be built over 12 years, across an area north of Sheikh Zayed Road between Diyafa Street and Safa Park. There will be several major parks and a number of smaller community parks, while a large canal will run through the heart of the development and will flow, at one end, into the Business Bay Canal and at the other end, out to the sea.
The current status of the project, which also contains three major skyscrapers, has been uncertain since March this year when the project was scaled back.
In a statement, Cityscape said the Meraas had reappeared in order to “demonstrate its confidence in the real estate sector in Dubai.”
“We have been emphasising for some time now that the objectives for many developers exhibiting at Cityscape Dubai is to reassure existing and potential investors,” said Rohan Marwaha, managing director, Cityscape.
“Clearly, no-one is expecting to see multi-billion dollar project launches or major finance deals being brokered. Instead they will be focusing on transparent progress reports on existing projects with realistic completion milestones and handover dates.”
Joining Meraas will be Dubai Properties, and major developers Emaar and Nakheel. Two weeks ago ConstructionWeekOnline.com revealed Nakeel and Emaar were planning to stay away from Cityscape until both companies revised their decision shortly before Eid.

Emaar & Nakheel do a u-turn on Cityscape.

Another one for the "Dubai, Capital of The U-turn" file.  After announcing at the end of last week that they wouldn't be taking part in the Cityscape exhibitions, Nakheel and Emaar have had a joint change of minds and have now announced that they will.  Limitless have announced that they will not take part this year, probably because there's nobody left.
Source: ArabianBusiness.com
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State-owned master developer Nakheel on Saturday said it would participate in Cityscape Dubai after all, a decision taken following tals with the event organisers.
The company, the developer of iconic projects, like the Palm Jumeirah and The World, said in a statement sent to Arabian Business that the decision was made "following discussions with various industry stakeholders, including partners and the leading event’s organisers".
Its announcement was followed by a similar change of mind from Emaar Properties which said its decision "follows discussions with the various agencies involved in organising the event", it was reported by Zawya Dow Jones newswire.
Both Nakheel and Emaar had said on Thursday that they would not be taking part in Dubai's premier property show.
But Nakheel's statement on Saturday added that it would focus on "exhibiting communal properties on several of its developments that are close to completion".
Nakheel said it had recently completed the handover of 33 islands on The World and is scheduled to complete property handovers on a number of other developments in its portfolio.
The company is also gearing up for the inaugural Dubai World Championship golf tournament at Jumeirah Golf Estates in November.
A Nakheel spokesperson added the company was expecting "a very active last quarter 2009" and was focusing on delivering units and services to existing investors and residents, without giving further details.

Emaar, Nakheel both no shows at 2009 Cityscape

Neither Emaar nor Nakheel will be attending Cityscape this year.  A spokesperson for Emaar said the companies wish to "concentrate on the completion and handover of projects."  However, back in the real world there's speculation that both companies wish to avoid the prospect of crowds of irate investors arriving to question company reps.  Without Emaar or Nakheel why bother even having Cityscape at all?  Last year's Cityscape in Abu Dhabi which was held after the redundancies had begun in Dubai, was poorly attended except by company salespeople talking to each other.
Source: ArabianBusiness 17 September 09
Photo of one of the Cityscape models Dubai 2008
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Dubai real estate giants Emaar and Nakheel revealed on Thursday they would not be taking part in Cityscape this year.
The developers said they would forego the massive business-to-business real estate investment event, which attracts thousands of visitors every year, to concentrate on the completion and handover of projects amid a sharp downturn.
“Emaar's focus continues to be on completion of the projects in Dubai and internationally. With the opening of The Dubai Mall and The Dubai Fountain and Burj Dubai scheduled to open this year, Emaar's concentrated efforts are towards making the Downtown Burj Dubai community one of the best developments,” a spokesman for Emaar said in a statement sent to Arabian Business.
“As such we have taken a strategic decision not to participate in Cityscape 2009, but will evaluate our participation in Cityscape 2010 based on our objectives, strategy and announcements next year,” the company added.
A spokesman for Nakheel, the state controlled private developer, said: "After careful consideration, Nakheel has decided it will not participate in Cityscape Dubai 2009. The developer of iconic projects, like the Palm Jumeirah and The World in Dubai, determined it was more prudent to focus on property handovers on several of its developments that are close to completion."
Cityscape in Dubai attracts the biggest developers in the region and is seen is a key event in which to launch and sell projects and close multi-million dollar deals.
Last month Arabian Business reported that visitor and exhibitor numbers would be 30 per cent down on last year, when the event drew record crowds.