ACW Holdings Dhs5bn valuation

The striking progress made by ACW Holdings is largely due to the very positive market reception to its 'investment-led' approach to property development.

Their expanding client base in combination with the launch of several new projects in Dubai and an expansion into emerging regions of the UAE has boosted the property portfolio asset value of the company to Dhs5bn.

ACW Holdings was formed in 2004 as a privately owned company, which initially provided consultancy and contractual expertise in the UAE market.

In just four years the company has evolved into a successful and innovative property developer, with eight projects under construction throughout the UAE. The broad-spectrum portfolio comprises over 3500 serviced apartments, two residential developments, and numerous commercial properties.

Explaining the success of ACW Holdings, General Manager Ian Pask described how the role of management and the strategic planning of the portfolio cater to the differing requirements of investors:

"We are driven by a dynamic and focused management team, with over 20 years experience in the property market.

Our expertise is coupled with an extensive background in the customer service arena and the combination ensures that we offer our clients both the finest standards of service and the highest quality construction in our developments.

Our aim is to provide properties that are suitable for new entrants to the property investment market in the UAE, as well as for seasoned investors looking for high returns on larger asset purchases."

As a pioneer in investment-led property development, based on its consistent pattern of growth and with offers of up to 45% return on investment per annum, the company is projecting a property portfolio asset exceeding Dhs20bn by 2010. Clearly, ACW Holdings is one of the rising stars in the UAE property market.