East Africa's real estate players to converge in Dar es Salaam
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The inaugural Tanzania Real Estate Expo and Forum (TAREX) will hold from November 20 to 22 in Dar es Salaam, bringing together developers, investors and financiers from across East Africa.
The inaugural Tanzania Real Estate Expo and Forum (TAREX) will take place from November 20 to 22 at the Superdome in Masaki, Dar es Salaam, featuring a three-day property exhibition and a two-day industry forum.
Developers from Tanzania Mainland, Zanzibar and Kenya are expected to participate, allowing prospective buyers and investors to compare residential and commercial developments while engaging directly with financiers and professional advisers.
TAREX director Murtaza Ebrahim said the initiative is intended to bring together a fragmented property ecosystem and create opportunities for investment and collaboration. "We want developers, investors, financial institutions, professionals and other stakeholders to have a platform where they can meet, showcase what they are doing, discuss the challenges facing the sector and, importantly, identify opportunities," he said.
The event comes as Dar es Salaam grapples with rapid urbanisation and rising demand for housing, commercial property and industrial facilities. Ebrahim said the city faced an estimated shortage of about 3 million housing units in areas around its central business district, while significant opportunities remained in industrial warehousing and Special Economic Zones.
Beyond Tanzania, speakers and experts from Kenya and Uganda are expected to contribute to discussions on property investment, construction, finance, technology and the future of the East African real estate market. The executive forum will be limited to 450 participants, while the exhibition will be open to the public.