Al Fahim holds talks with Al Khajah to fast track Al-Aqeeq Marina mega real estate project in Kuwait
- Kuwait: Wednesday, June 18 - 2008 at 15:55
- PRESS RELEASE
Hydra Properties Chief Executive Officer visited Kuwait recently to hold a series of brain storming sessions with Sheikh Hamed Mohammed Al Khajah, Chairman and Managing Director of Al Aqeelah Leasing, Finance and Investment Company, in an effort to fast track their dream project Al Aqeeq Marina complex.
Dr. Al Fahim evaluated the status of Al Aqeeq Marina project during his visit to Kuwait and energized those involved in the venture to set another record by an early execution of the project.
Dr. Al Fahim also gauged the investment climate in Kuwait and explored potential investment opportunities in the country.
Dr Al Fahim, while stressing the importance of the Al Aqeeq Marina project, said: "Hydra Properties remains committed to apply the same philosophy of sustainable development in Kuwait too, which has set us apart as a value builder in the crowded and ultra competitive real estate market in the UAE. Hydra Properties will not seek any easy route to success. But we will make this project a feat to be admired not just in Kuwait, but throughout the world."
Al Aqeeq Marina project is being developed by Hydra-Al Aqeelah Development Company, a joint venture among Hydra Properties, Kuwait-based Al Aqeelah Leasing, Finance and Investment Co and Tassameem Real Estate Company.
Al Aqeeq Marina, the mega real estate venture, will be located in Kuwait's resort city Khairan and the project marks an important turning point in the Kuwaiti real estate development since in sheer size, magnitude and splendor it will dwarf all other edifices in the entire region.
The Al Aqeeq Marina project will spread over 50,000 square meters as the first phase of Khairan's Pearl City Project. Khairan is only 90 km away from the capital Kuwait City and will be easily accessible for international as well as domestic visitors.
Al Aqeeq Marina Complex is an integrated Urban Project that incorporates all modern and traditional amenities with a touch of class and style. The complex will have six apartment towers with 360 units and three hotel towers that will have 730 rooms and 65 suits but will combine to complete a unified architectural glory. The hotels as well as apartment units will offer soothing and serene lake views and provide state-of-the-art living.
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Hydra Properties is a privately owned company, established in 2006 in Abu Dhabi, the capital of UAE. The company was established with a vision to provide the UAE, Middle East and the world with unprecedented development concepts which are reflected in the company's various landmark projects. Since inception, the company has embraced the best international building criteria and has introduced fresh concepts in design and materials.
At Hydra Properties there is a firm belief in the humanizing factor. Real estate is not only about space, steel and concrete but is actually a living organism. That is why we always aspire to create spaces that nurture and accommodate the human side of real estate.
Hydra Properties does not only see itself as only a real estate development company. Hydra Properties has clear social commitments and responsibilities. Hydra never misses an opportunity to give back to society through its endless community activities in the areas of cultural awareness, support to sport activities and providing major community service through its active and ongoing role in supporting health, education and social institutions.
Hydra Properties has rapidly expanded in the UAE with several mega projects in Abu Dhabi and Dubai. Relentless efforts have allowed it to expand globally into Mexico, where it has developed 'Hydra Waves', one of the finest luxury projects in North America.
The company nurses more global ambitions and will soon launch projects across the continents.
On the web www.hydraproperties.com
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