The International Real Estate Exchange Group, IREX, which is new joint venture and the first global real estate securities exchange in the world, will be establishing the first MENA, Middle East and North Africa, exchange in Dubai. This is expected to provide tremendous boost to the sustainable development in MENA.
A regulated securities marketplace will be created which will operate the listings and trading of real estate assets in vital financial centres across the globe. IREX has plans for commission its first set of exchanges over a period of next two years so that the international real estate market stabilizes. London will be the headquarters to IREX Europe/MENA, but it will showcase a strong presence in Dubai so that it can offer better services to MENA. IREX Canada will be based in Vancouver.
Dubai Chosen for MENA’s First Real Estate Exchange
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