Plus Properties established to focus on prime waterfront developments in UAE

The company's CEO is Mr. George Chehwane a successful name in regional business circles, mainly in the Advertising and Media field.

'We are launching Plus Properties with real estate projects in highly prestigious locations that have a total value of Dhs 850 million (US$231)', said George Chehwane. 'As waterfront specialists, we will be among the first developers to start construction on the world-class Dubai Waterfront which is the largest waterfront development in the world today. The portfolio of projects will be spear-headed by a team of industry professionals who have the experience and the know-how to operate a turn key solution. With more ambitious projects in the pipeline, including a new development on Reem Island, an impressive natural waterfront in Abu Dhabi, which is witnessing a booming real estate sector, Plus Properties will be aiming to secure a firm footing in Dubai's booming property sector by the end of 2007.'

With real estate offices in Dubai, Abu Dhabi, Jeddah, Riyadh, Kuwait and Beirut, Plus Properties is set to change the way people think and feel about property transactions. Customer-centric, Plus Properties intends to earn the unqualified confidence of its clients through a combination of professional skills and unstinting commitment to their needs.

'Plus Properties aims to be not only a real estate development company, but also to help our clients address the full range of property transactions including buying, selling, leasing, identifying investments, renting, warehousing, and procuring prime office space. The company will provide a range of realtor services that include listings of chosen properties available for rent or to buy in UAE, KSA, Bahrain, Kuwait, Syria and Lebanon,'

added Mr. Chehwane.

Plus Properties has appointed the world famous architectural firm, James Law Cybertecture International Ltd, to work on the design of their initial projects. The Hong Kong based firm is headed by one of the leading global cybertects, James Law, who specializes in futuristic architecture.

'The launch of Plus Properties marks the beginning of an exciting new endeavour for us. It will be supported by a heavy marketing campaign across the region targeting GCC nationals, expats and visitors alike,' concluded Mr. Chehwane.