Citadel Trustees sponsors Shared Ownership Fractional Summit in UAE

Leading luxury fractional ownership brand Fractional Life is pleased to confirm Citadel Trustees as Ruby Sponsors at the inaugural Shared Ownership Fractional Summit Middle East conference, to be held at the spectacular new YAS Hotel, Abu Dhabi November 23-24 2010.

Citadel provides a wide range of services for fractional real estate projects, including trustee and legal services, escrow facilities and resales.

Chris Allen, director of Citadel Trustees said: “We're excited about the prospects for the Middle East and North Africa to become shared and fractional ownership real estate markets, so it's great to be involved with the very first Shared Ownership Fractional Summit Middle East which will undoubtedly provide some stimulating debates and informative seminars.”

Piers Brown, founder of event organiser Fractional Life, said: “We're delighted to have Citadel on board for our first event in the Middle East. They offer a wide range of services to fractional developers so are a good fit with Shared Ownership Fractional Summit Middle East as we look to explore the huge potential for fractional ownership in this exciting region.”

As many property markets are still struggling to emerge from the economic doldrums, the vast amount of disposable wealth in Abu Dhabi was displayed recently with the opening of the world's first gold vending machine in the Emirates Palace hotel.The machine dispenses ten specially-designed 24 carat gold bars in various designs, such as the Kangaroo, Maple Leaf and Krugerrand in denominations of one, five and ten grammes, as well as one tenth, a quarter and one ounce of gold.

Shared Ownership Fractional Summit Middle East is the ideal place to get up to date with the changing market. With its global appeal, the conference is held over two days and packed with renowned speakers, group panels and presentations from worldwide experts. The conference offers the perfect platform to network, learn and exchange information and ideas.

The event complements the already successful Fractional Summit Europe, and the Fractional Summit USA in Miami in August 2010.

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