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Thursday, December 3 - 2009

Limitless to participate at Real Estate Investment World Asia 2008

  • United Arab Emirates: Monday, June 23 - 2008 at 15:22
  • PRESS RELEASE

Mixed-use, lifestyle and tourism developments are set to dominate the real estate scene in South-east Asia over the next few years, according to Limitless, the global master development arm of Dubai World.

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  • Halong Star.
    Halong Star.
Limitless, whose growing global portfolio includes three projects in South-east Asia, with more to be announced this year, says that thorough risk assessment, insight into each market and local joint ventures are key to delivering successful and sustainable developments in the region.

Philip Atkinson, Regional Director for Limitless in South-east Asia, said: "South-east Asia presents a host of opportunities for us to draw on our core skills of master planning large scale, urban communities and waterfront developments. In-depth risk assessment, market knowledge and leveraging the experience of local partners all play a key role in helping to tackle the challenges and complexities associated with these projects."

Atkinson will discuss more on how Limitless is advancing its presence in South-east Asia at Real Estate Investment World Asia 2008, on this week in Singapore. Limitless is silver sponsor of the event, which brings together hundreds of property professionals, investors, developers and VIPs from the Asian real estate arena.

Limitless' South-east Asia projects are Malaysia International Halal Park and Puteri Harbour in Malaysia; and Halong Star in Vietnam. The company's regional HQ for South-east Asia is in Singapore.
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Notes and media contacts

Media enquiries: Rebecca Rees on +971 4 375 9733 or Nawel Debbahi on +971 375 9895

Limitless LLC, a Dubai World company, is an integrated global real estate developer across all market segments, delivering distinctive, sustainable developments. Established in July 2005 and built upon the philosophy of 'delivering distinction', Limitless has three specific areas of expertise: master planning large urban communities, waterfront development and the implementation of large scale balanced projects. Limitless website: www.limitless.ae

Limitless projects in South-east Asia

Malaysia International Halal Park, Selangor State, Malaysia: The world's first fully-integrated Halal centre and one of two projects for Limitless in Malaysia, this 1115 hectare complex includes homes for 200,000 people, food manufacturing plants, training and research centres, offices, entertainment and retail facilities

Puteri Harbour, Malaysia: US$450 million, 44 hectare development of landed waterfront homes - with individual berthing - and high-end condominiums. A 60-40 joint venture with UEM Land, this will be the country's first luxury waterfront enclave

Halong Star, Halong Bay, Vietnam: US$220 million, 125 hectare mixed-use development with residential units, hotels, and education, cultural and recreational facilities, overlooking Halong Bay, a UNESCO-sanctioned world heritage site
Other projects

Limitless Towers, Amman, Jordan: US$300 million, 200 metre residential twin towers that will be the tallest buildings in Jordan. Towers will be connected by the world's highest suspended swimming pool, 125 metres above Amman. First 'green' building in the country, with 600 luxury apartments as well as a retail, entertainment and leisure plaza

Moscow, Russia: 113 hectare development near Moscow, with 4,500 homes as well as schools, retail and commercial elements. The project is a 50-50 joint venture with leading Russian developer RDI, and will accommodate around 12,000 people

Al Wasl, Riyadh, Saudi Arabia: US$12 billion, 1,400 hectare mixed-use development near Riyadh, including 60,000 homes as well as mosques, educational facilities, offices, shopping malls and hotels

Arabian Canal, Dubai, UAE: US$11 billion, 75 km man-made waterway - the biggest and most complex civil engineering project ever undertaken in the Middle East. Limitless is also master planning a US$50 billion, 20,000 hectare canalside 'city' as part of the project
Bidadi, Bangalore, India: US$12 billion, 4,000 hectare mixed-use development, including 1,000 hectares of office/commercial space, near Bangalore. The first of five new towns planned by the Government for the outskirts of the city, Bidadi will house up to 750,000 people

Downtown Jebel Ali, Dubai, UAE: US$13 billion, 200 hectare sustainable, mixed-use development consisting of four quarters, each with its own iconic, individually-themed plaza. Downtown Jebel Ali will have nearly 330 buildings, including 237 residential towers.

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