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Date: 01/10/2010
Bloom Properties to Showcase Upcoming Projects at Cityscape Global 2010

Bloom Properties, a master developer of communities and the development and lifestyle arm of Abu Dhabi-based National Holding, today announced it will showcase two projects that are near completion in 2010 and offered for leasing during its third consecutive participation at Cityscape Global 2010 in Dubai, one of the largest business-to-business real estate investment and development event in the world.

The ninth edition of Cityscape Global in Dubai will be held from 4-7 October at the Dubai International Convention and Exhibition Centre.

Downtown Residence, a residential tower in downtown Abu Dhabi and the Noor Residences in Al Ain comprising 26 low rise buildings are two of Bloom Properties’ projects that will be spotlighted at Cityscape Global 2010. Construction progression Bloom Gardens project, the flagship development strategically located on Abu Dhabi's Eastern Mangrove Corniche Road, will also be up for viewing at the world class event.

Bloom Properties has commenced construction activity on Bloom Gardens with the ground-breaking held earlier this year. Phase-I that is scheduled for delivery by the third quarter of 2011 will include 123 residential units – a mix of detached villas, town-house villas and semi-detached villas. It will also be home to the Brighton College School, the Abu Dhabi campus for the prestigious British institution.

Saed Arekat, CFO of Bloom Properties, said: “Cityscape Global in Dubai is a great platform to communicate with real estate developers and investors that will open doors for great investment opportunities in UAE and the region. We believe the event will offer investors a fresh perspective on the diversity of our project portfolio and encourage them to be part of our unique developments.”

With 38,000 participants from over 115 countries, 200 exhibitors and hundreds of real estate projects on showcase from across the Middle East, Asia, Africa and Europe, the four-day Cityscape Global exhibition is the annual gathering for international real estate professionals especially from emerging markets. In 2009, more than 80,000 visitors attended the four-day industry event.

Bloom Properties’ participation in Cityscape Global in Dubai reflects its commitment to providing an integrated approach to building communities through value-added offerings in education, sports, leisure, health and retail, and by working with best-in-class partners across all projects.