Young Entrepreneurs in Property 2nd anniversary
Networking group for young professionals in property and construction
Young Entrepreneurs in Property (YEP UAE), is a networking group for young professionals working in the property and construction industry in the UAE. It holds regular events in Dubai and Abu Dhabi and celebrated its second anniversary at The Westin Hotel, Dubai, this month.
Originally set up in London, in 2002, by a group of young professionals working in property and construction, YEP UAE was formed in 2009 as the first international YEP branch. There are also groups in Manchester, Hong Kong and Brisbane.
The group meets every month on a chosen Wednesday, alternating between Dubai and Abu Dhabi. As well as hosting general networking events the group invites speakers to talk to members on a variety of issues covering technical, commercial and soft skills.
All YEP branches are not-for-profit and do not charge a membership fee, the idea is that the group should be as accessible as possible to those that actively work in property and construction.
“Despite the difficulties faced locally since the global economic crisis in 2008, property and construction remain key commercial sectors for the UAE and, as such, attract professionals from these industries from all over the world,” said Elena Denkovska, YEP committee member and legal counsel, Nakheel.
“Whilst the UAE has a number of established professional and social forums, few cover both Dubai and Abu Dhabi and none to our knowledge actively target both property and construction disciplines.
“YEP UAE, as the name suggests, has a particular focus on younger participants, with the view of providing a forum to enable the future leaders of the property and construction industries to establish close relationships on a social and professional basis.
“In our experience there is greater cross-over that exists between the property and construction sectors in the UAE, when compared to the more developed markets in Europe, where the boundaries and scopes of work tend to be more clearly defined.
“We have also noticed a trend that some existing forums are becoming commercial enterprises that have become more focused on the collection of membership fees. YEP UAE looks to provide its members with activities and events that are of benefit and are tailored to take into account the feedback received from our membership,” she added.
YEP UAE currently has 500 members and there are more than 3,000 members globally from a broad spectrum, including property managers and developers, contractors, surveyors, architects, lawyers, engineers, construction industry suppliers and property brokers.
Events consist of open networking, industry speakers and themed events such as its annual golf days.
The committee includes Denkovska,Sam Achampong, procurement consultant, Abu Dhabi Municipality, Jane Bertenshaw, solicitor, HBJ Gately Wareing and Philip Corefield-Smith, associate, Pinsent Masons.
The next event will be held at the Pearls & Caviar Bar in the Shangri-La Hotel, Abu Dhabi, on May 25, from 6pm. For more details visit www.yepuae.ning.com contact the committee at firstname.lastname@example.org or access the YEP UAE on LinkedIn, Facebook or Twitter.