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Euromoney Liquid Real Estate Awards honour the world's leading developers for their commitment to industry best practices in overall project management and strong investor relations and corporate governance practices, as reflected in the company's financial fundamentals. Euromoney Liquid Real Estate is a publication focused on international real estate financial markets, and the winners are selected from a global poll amongst industry professionals.
Mr Arif Amiri, Senior Director - Investor Relations and Corporate Governance, Emaar Properties, said: "The Euromoney Liquid Real Estate Awards are a reiteration of Emaar's thought-leader position in the real estate sector of the MENA region. Emaar is recognised as the pioneer of master-planned communities, and leveraging on the strength of forward-looking government policies, continues to explore growth options in developed and emerging markets."
He added:
"The driving force in Emaar's global expansion has been a sustained focus on maximising value for our stakeholders through best practices in investor relations and corporate governance. As we go global, it is imperative that we inculcate international standards that enhance investor trust and build the basis for a fundamentally strong company. The Euromoney Liquid Real Estate Awards are recognitions from the real estate industry peers for the financial and developmental track-record we have built for the company."
Introducing the concept of master-planned communities in Dubai with path-breaking projects such as Emirates Living, Dubai Marina, Arabian Ranches and Downtown Burj Dubai, Emaar expanded geographically and into new businesses such as education, healthcare, financial services, shopping malls and hospitality & leisure. This was in line with its Vision 2010 to become one of the most valuable companies in the world.
Today, Emaar has a strong portfolio of projects in 36 markets globally, with a development value for the international projects alone over AED 367 billion (AED 100 billion). Emaar has set industry benchmarks with project such as Burj Dubai, the world's tallest building; The Dubai Mall, one of the world's largest shopping and entertainment destinations; and King Abdullah Economic City in Saudi Arabia, the single largest private sector project in the Middle East region. Emaar has unveiled integrated communities in Egypt, Morocco, Libya, Turkey, Saudi Arabia, Syria, Jordan, Indonesia, Pakistan, India, Canada and the US.
Emaar's projects energise local economies by creating new job opportunities and supporting ancillary industries. The company's development ethos is to create full-fledged communities that offer a spectrum of lifestyle amenities in integrated mixed-use neighbourhoods.
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Posted by Ehab Al-Abbadi
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