Sheikh Suleiman Bin Abdul Aziz Al Majed, CEO, Tanmiyat Investment Group said:
"Through its participation in MIPIM, Tanmiyat will be rubbing shoulders with some of the world's most active and leading investment companies. Our involvement in Cannes is an indicator of our expansion strategy which aims at extending our activities beyond our native Saudi Arabia. Moreover, Tanmiyat is the first Saudi Arabian company to exhibit its projects at MIPIM in Cannes."
Sheikh Suleiman added: "While MIPIM will see 21,000 exhibitors from 74 countries showcasing their ventures, Tanmiyat will take this opportunity to focus on the 'Living Legends' project in Dubai. Costing $3.8 billion and covering an area of 24.7 million square feet, this project, which received the "Best Real Estate Developer" Award during the Middle East Islamic Realty Finance Awards in 2006, is the first of its kind in terms of the facilities it offers in accordance with modern and luxurious lifestyles. The Group also intends to display the Commercial Heights project that cost $272.3 million dollars."
"This event represents a significant addition to Tanmiyat's marketing strategy forecasted for this year, as it will welcome the world's biggest realty companies and projects, drawing attention to the industry's leading personalities in the economic field. This is an opportunity for us to recognize the industry's most important players in the real estate market", Al Majed continued.
Tanmiyat will also showcase one of the Golf Cooperation Council's most significant projects currently under development in Saudi Arabia, namely the Prince Abdul Aziz Bin Mousaed Economic City, which covers an area of 150 million square meters and includes logistic areas, educational districts and various other services. Recognized as one of Saudi Arabia's most cutting edge and ambitious developments, the Economic City will also include an international airport designed to welcome 3 million travelers annually. In addition, the project's infrastructural capabilities will extend beyond this point to a state-of-the-art rail system connecting the city with other parts of the country and expected to transport 2 million passengers per year. Last but not least, the project's sea ports will see 1.5 million tons of goods transported annually.
Al Majed concluded that this exhibition, which will be held for the fourth year, will provide an incentive for Tanmiyat's marketing team to maintain continuous efforts in spreading the group's innovative real estate investment ideas even further.
The Living Legends:
Covering an area of 2.296 million square meters inside the world famous Dubai Land on the outskirts of the emirate, resting on the Emirates Road, Asateer is a state of the art complex that features everything from residential housing, to commercial spaces to theme parks and hotels.
The Living Legends is considered one of the UAE's key tourism and investment attractions featuring a variety of recreational amenities and residential units, all within a thematic park setting. The ground breaking project will comprise a collection of residential apartments, villas, townhouses, commercial towers, five luxury hotel apartments and 12 residential towers, a retail shopping mall, theme parks and five star hotels, all finished in rich Arabian architectural designs.
The Living Legends consists of four themed world-class hotels, located near the project's vast theme park facilities. Managed and run by world renowned hotel management firms, the Asateer hotels will provide excellent service and the highest level of comfort.
The Residential segment of Living Legends includes 50 lavish villas consisting of five bedrooms, 150 luxury villas also consisting of five bedrooms and 200 four-bedroom villas. There will also be tower flats sorted into 2, 3 and 4 bedroom-studios and penthouses. The development also includes a golf course and a number of services and facilities, standing out as a distinctive architectural landmark in Dubai Land.
As an integrated part of the Living Legends, the Trade Legends promises to be a business location like no other. The offices at Trade Legends offer spectacular views. Prestigious in location and address, the office towers align streets which adopt names of famous business districts. High technology services include high speed Internet and intelligent management systems.
The Commercial Heights
Located at Business Bay on the Sheikh Zayed Road in Dubai, Tanmiyat's Commercial Heights consists of three towers ranging between 35 and 37 storeys in height: The Forum, The Court and The Exchange. Each state of the art tower will feature facilities such as a gym, swimming pool, business centre, cafes and covered parking.
This three tower symposium orchestrated to the rhythm of ambition will remind the business community that excellence and success are not about bricks and mortar but are achieved by having the right people examine, design, implement, build, service and inhabit spaces.
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Posted by Anne-Birte Stensgaard, Senior News Editor
