• HSBC

Pulse to develop Abyaar's retail portfolio

Kuwait's Abyaar Real Estate Development, which recently entered the UAE market, has appointed Pulse Holdings - the Dubai-based consultancy specialising in retail business facilitation - to drive development of all commercial, hospitality and retail outlets in its USD1.4 billion Dubai property portfolio.

Pulse - tasked with providing strategic direction by sourcing new-to-market retail brands and high end, premium names for all Abyaar's mixed-use properties - will ensure alignment between the elite developer's 'building excellence' ethos and its retail outlets, guaranteeing all have up-market, niche appeal.

Abyaar's Dubai Marina luxury serviced apartment towers, Pier 24 and Pier 8, will be the first to be activated by Pulse, quickly followed by a further major development to be launched at this year's Cityscape - the B2B real estate exhibition being held in Dubai next month.

"Pulse shares our quality delivery vision and will ensure Abyaar achieves the highest level of distinction in the local market," said Marzooq Al-Rashdan, Managing Director, Abyaar. "Pulse was chosen for its proven retailing expertise at the luxury end of the market and its keen understanding of the local industry landscape."

With previous experience of placing prestigious brands in the most successful mixed-use projects in Dubai, including Emirates Towers and Souk Madinat Jumeirah, Pulse understands the needs and expectations of consumers, developers and retailers.

Pulse Managing Partner, Brian Hutton said the Abyaar contract centres around maintaining the company's key differentiators through profiling the retail mix to meet stakeholders' exacting demands. "The quality, sophistication and design of Abyaar properties require retail solutions unique to Dubai," said Hutton. "It is challenging to be involved across the company's growing portfolio, taking projects through from concept to successful trading."
Marzooq Al-Rashdan, Managing Director, Abyaar. 
Marzooq Al-Rashdan, Managing Director, Abyaar.
Article Options
Log in to request more information from Abyaar

Notes and Media Contacts »

About Abyaar Real Estate Development

Abyaar Real Estate Development is a highly distinct property company - committed to raising the benchmark of Middle East real estate and delivering solid investor insurance. Founded with a capital value of KD 35 million (US $115 million) - Abyaar is a joint venture between Kuwait's Aayan Leasing and Investment Company, a leading investment player and Al Rashdan Group, a major real estate developer, and other investors.

Abyaar's portfolio will be an impressive collection of exclusive, freehold initiatives, firstly in Dubai and then throughout the GCC. Investing in real estate in compliance with the rules and provisions of Islamic Shariah, Abyaar will build residential, commercial, retail and hospitality projects finished to the highest European standards, with innovative architecture and aspirational interiors.

'Building Excellence' is the company's guiding principle. Taking inspiration from the literal Arabic meaning of 'Abyaar'- a 'well', the source of water - the company's vision is to develop stylish and contemporary destinations that enhance lifestyles. Abyaar is a new breed of developer committed to creating business growth and prosperity.

For further information: Sonia Larsen or Sarada Chellam, MCS/Action, PO Box 20970, Dubai, United Arab Emirates. Tel: +9714 390 2960; fax: +9714 390 8161.

Disclaimer »

Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com

Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / 4C. AME Info FZ LLC / 4C is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.

For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions