in

Assaudia finishes land backfilling, grading and shoring protection measures for South Corniche project

Assaudia Real Estate Development, a wholly owned subsidiary of the Omar K. Alesayi Group (OKAG), has finalized the land backfilling, grading and shoring protection measures for its major resort project located on Jeddah's South Corniche.

  • Saudi Arabia: Wednesday, September 26 - 2007 at 16:28
  • PRESS RELEASE


Motasim Hajaj, General Manager of Assaudia Real Estate Development.
Motasim Hajaj, General Manager of Assaudia Real Estate Development.


related stories
Spanning one million square meters, The South Corniche Project will be a fully integrated family resort located on the Red Sea coast featuring marinas, villas, a variety of apartment types, as well as hotel and leisure amenities. The project will also offer residents a variety of shopping options in addition to unique recreational and educational facilities.

With 4,000 square meters directly on the Red Sea, The South Corniche project offers a unique living environment with sprawling Marinas providing an unparalleled lifestyle experience for residents and visitors at an affordable cost.

Motasim Hajaj, General Manager of Assaudia Real Estate Development, stated that 'The South Corniche project will be the first-of-its-kind resort in the area', and reiterated the company's commitment to delivering a high-quality, family friendly environment ideal for those who seek a luxury lifestyle by the shores of the Red Sea.

He added that 'The project also offers a unique opportunity to own homes in one of the most outstanding development locations in the Kingdom', and reaffirmed Assaudia's dedication towards sustainable development in the Kingdom's real estate market which is underscored by the completion of the projects land settlement and coastal protection measures.'

The Alesayi Group, comprising several well known real estate companies that have been serving the region for decades, has emerged as one of the largest business groups in Saudi Arabia.




request information Log in to request more information from Omar K Al Esayi Group (OKAG)

Notes and media contacts

About ASSAUDIA Real Estate Development Company:
A wholly owned subsidiary of the Omar K. Al Esayi Group (OKAG) and member of Al Esayi Real Estate division, ASSAUDIA Real Estate Development was established in 1994 to offer real estate asset development services to property owners, investors and developers and provides a range of specialist consultancy services in real estate and business development in the following areas:
- Investment strategies
- Portfolio management
- Development services
- Marketing and leasing services

Long before its establishment, Assaudia was a department within Aqarat Company, another member of Al Esayi's Real Estate Division, providing specialized development services to the Group as well as to third parties.

Since its establishment, Assaudia has executed the following projects in Jeddah:
• Buyut Al Manar (housing development - 90 villas);
• Eastern Homes - Buyut Asharq (housing development - 232 villas);
• Waziriah Buildings (housing development - 40 apartment units);
• South Corniche (2,650,000 square meters land development project);
• Al Buhairat (a SR 11m evaluation project commissioned by NCB)

For more information, please contact:
Manar Al Shaer
Assaudia Real Estate Development Co.
Jeddah, KSA
Phone: (+966 2) 642 1333
Fax: (+966 2) 642 4210

Bashar Kharbat / Saleh Al Hamamy
Asda'a Public Relations
Jeddah, KSA
Phone: (+966 2) 6575-194
Fax: (+966 2) 6575-277
Lara Lynn Golden Posted by Lara Lynn Golden, News Editor
Wednesday, September 26 - 2007 at 16:28 UAE local time (GMT+4)

Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.


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 AME Info Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AME Info Web site.

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

Sponsored Links

Email newsletters »

Business Directory »

The news you choose

News and Articles »

Today's top stories »

 

Current Events »

Advertisement »