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Sorouh to showcase its unique masterplanned projects at the International Real Estate & Investment Show 2007, Abu Dhabi
- United Arab Emirates: Tuesday, March 20 - 2007 at 16:00
- PRESS RELEASE
For the second consecutive year, Abu Dhabi's leading real estate developer, Sorouh Real Estate, will be participating in the 'International Real Estate Exhibition and Investment Show 2007,' held in Abu Dhabi's National Exhibition Center from the 21st to the 24th of March.
"With focus on delivering the best-to-market projects to all our business and consumer markets, investors and customers will have the chance to see for themselves the essence of Sorouh's flagship projects that offer life in perfect balance," said Mounir D. Haidar, Sorouh CEO.
Sorouh will be displaying models of its major projects on its stand, most prominent of which is Shams Abu Dhabi, Sorouh's prestigious AED 25 billion landmark development, located on Reem Island. Other models include projects on Shams Abu Dhabi, such as Central Park, offering one million square feet of open space and recreational amenities; The Gate District, Sky Tower, the magnificent 74-storey mixed use building at the Gate District; in addition to Tala Tower, the 49 storey tower located on Marina Square.
"As one of the Middle East's leading Real Estate events, the show presents Sorouh with the perfect opportunity to showcase its latest projects, to meet customers face to face and to discuss with them how Sorouh can best meet their needs." said Haidar.
Sorouh will be at Stand B01, Hall 1 at the Abu Dhabi National Exhibition Center from March 21 - 24, 2007.
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Notes and media contacts
About Sorouh Real EstateSorouh Real Estate is the leading real estate development company in Abu Dhabi.
Sorouh was established on June 26, 2005 with a capital of AED 2.5 billion.. Today it is the largest Abu Dhabi based, real estate developer listed on the Abu Dhabi Securities Market with a market cap close to AED 5.75 billion and is one of the most widely held issues with approximately 65,000 shareholders.
Sorouh's corporate vision is to "bring communities to life in perfect balance". Its real estate projects are master-planned and designed to meet the four core needs of human wellbeing: physical, intellectual, social and spiritual. SOROUH employs in excess of 120 highly qualified professionals operating in the field of master-planning and master-development.
Sorouh's now has around AED 50Bn of projects under development. These include:
Shams Abu Dhabi, Sorouh's flagship project is an AED 25Bn landmark development on Reem island. A complete new city of 75,000, Shams Abu Dhabi will be self sustaining city of Canals and Parks which integrates world-class master planning practices and extends the lush green of Abu Dhabi's landscape.
The Gate District on Shams Abu Dhabi is a cluster of 8 towers located at the entrance to Shams, Abu Dhabi. Now architecturally renowned worldwide the AED 11Bn residential, office and retail development is designed as a Gateway to the Peninsula from Reem Island. The Gate District also includes the AD 2.2Bn 83 storey Sky Tower which will be a pinnacle of luxury for its residential and commercial occupants as well as Abu Dhabi's tallest building when completed.
Lulu Island opposite the Abu Dhabi Corniche will be the City's most prestigious and sought after district. Housing 45 - 50,000 residents 85% of whom will have sea views this AED 14.5Bn development will be one of the most beautiful places in the entire region
Sorouh has also the Golf Gardens overlooking the Abu Dhabi Championship Course, the Abu Dhabi Aviation Authority residential project, Al-Shamkha national housing project, the Tala Tower and Saraya on the Abu Dhabi Corniche. In its first venture outside the UAE Sorouh will also be involved in developing the 7,000,000 m Sq ft Bab Al-Bahr project in Morocco.
For more information please contact:
Ahmed El Awad
Assistant Communications Manager
Sorouh Real Estate P.J.S.C.
Tel: +971 2 444 0006
Fax: +971 2 444 0066
Or
Riham El Adl
Account Manager
Hill & Knowlton
Tel.: +971 4 3344930 ext 625
Fax: +971 4 334 4923 /33
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