Disaster lurks for some investors at Cityscape Global � ArabianMoney

This week the popular regional property show Cityscape Dubai opens under its new title Cityscape Global. The change of emphasis is practical given the real estate slump in Dubai over the past two years. But investors should still be wary of making similar errors of judgement in other emerging markets.
Apparently Cityscape Global will showcase investment opportunitities in Libya, Egypt and China as the brightest stars this year. Cityscape group director Chris Speller told Property magazine that investors can expect 40 to 60 per cent annual returns compared to ‘only’ 12 per cent in developed markets (please can any reader tell us to which developed market this might be referring?).
Promoters not advisers
Well, that is what is being promised by the promoters. They are sales people and you can choose to believe their claims if you like. But have the so-called serious investors that Cityscape seeks to capture learnt nothing from their recent experience in Dubai?