Edinburgh’s Cullen Property targets Middle Eastern investors

Edinburgh’s Cullen Property targets Middle Eastern investors

The only Scottish exhibitor to feature at International Property Investor Show in Dubai

Edinburgh property investment and lettings specialist Cullen Property will attend for the first time the International Property & Investor Show 2014 in Abu Dhabi as part of the owner’s strategy to target Middle Eastern property investors and high net worth expats who are increasingly keen on purchasing Scottish property.

Providing a platform for businesses looking to target high net worth individuals from the Gulf & South-East Asia region, this year’s International Property Investor Show 2014 takes place at Hotel Sofitel, Abu Dhabi, from Saturday 27– Sunday 28 September.

Cullen Property’s Managing Director Malcolm Warrack says: “We now have a number of active investors based in the United Arab Emirates and investors there are increasingly interested in property here in Edinburgh so this event seems like the perfect opportunity for us to concentrate on the Middle Eastern audience.

“We will be very interested to see the types of investors this show attracts and, as the only Scottish exhibitor, of course we’ll be flying the flag for Edinburgh and Scotland in the United Arab Emirates!”

The IPIS is being held in Abu Dhabi as it possesses the world’s wealthiest sovereign fund, managed by the Abu Dhabi Investment Authority (ADIA), with up to 8% invested in overseas property.

Sumit Pal, Director of the IPIS says: "IPIS Abu Dhabi is delighted to have Cullen Property representing Scotland in the realty market by exhibiting at the event. The Edinburgh property investment and lettings specialist will attend for the first time and will be the only Scottish exhibitor. Cullen Property’s strategy is to target Middle Eastern Property investors who are keen on investing in Scottish property and IPIS is proud to provide them that platform.”

Cullen Property is also due to host two investor presentations in Abu Dhabi and Dubai whilst visiting the United Arab Emirates and will present on what they can do for investors.

Cullen Property will be at stand B10 on both days of the show, which opens at 10am and closes at 6pm daily. Visitors can book individual appointments with Malcolm Warrack or Steve Coyle, Cullen Property’s operations manager, by email: steve@cullenproperty.com / malcolm@cullenproperty.com / Tel: 0131 221 1818.

 

 

For further media information contact Suzy Powell or Fiona Vernon at Niche Works on: 0131 669 0333 / email: suzy@nicheworks.co.uk or fiona@nicheworks.co.uk

 

Notes to editors

Cullen Property

  • Cullen Property was founded in 1998 by two directors who believe passionately in the future of Edinburgh’s property market
  • The company specialises in acquiring and managing properties for clients looking to invest in and let out residential property in Edinburgh
  • It currently manages over 320 properties and consistently achieves over 98% occupancy levels
  • For further information visit: www.cullenproperty.com

International Property & Investor Show 2014

 

Related articles

cullen-new-staff
Cullen Property growth generates additional £1m+ in rentals - Team strengthened to meet demand

Edinburgh property investment and lettings specialist Cullen Property has made three new appointments following significant growth in the number of properties being managed.  The last nine months has seen an increase of £1m+ in the overall rental income of its managed portfolio.

Steve Coyle, Cullen…

chart-line-148256_640
Scottish house prices at their highest in eleven years
I was interested to read this Property Wire article on Scottish property prices being the highest since quarterly house price statistics records began in 2003. The article throws up several points worth commenting on - firstly, that such healthy capital growth is a good thing as it shows that…
EDINBURGH_BUILDINGS_CAPTURE_DN-24
Land & Buildings Transaction Tax
With the recent announcement by John Swinney to reform Stamp Duty into the new Land and Buildings Transaction Tax (LBTT), we think there are some interesting points to make about the effect of the LBTT on the Edinburgh property market. So, what is it all about? The tax will take…