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ACW Holdings' investment vision shows continued strength
- United Arab Emirates: Saturday, November 29 - 2008 at 12:58
- PRESS RELEASE
Recognising the high demand and strong rental-yield trends in the 'retail and office' sectors exceed that of residential returns in the Dubai property-market, ACW Holdings developed more than just a commercial office block to meet the demands for commercial space in Dubai.
The Light is a full-service, state-of-the-art serviced office and retail complex, offering a high-yield return of 26% per annum.
The Light Commercial Tower offers a positive outlook for property investment and been the subject of a broad-awareness campaign in the UAE and the UK, receiving a strong response to the high-yield offer, with only a few remaining units left on sale.
Their transparent approach to investment has made it simple and clear for investors to understand their returns and the business model. The baselines and source data for the project have been readily available on their website supports professional investors in their own 'due diligence processes', while live currency conversions provide clear illustrations of the financial model for international markets.
Once complete in the middle of 2010, the Light Commercial Tower will offer tenants flexible rental terms, suitable for short or long-term usage, and a suite of business services from incorporation, secretaries, legal advice and information technology, allowing a new business to start easily in Dubai, without the extended overheads of a 'start-up'.
For the end-user, the location and flexible terms will allow the Light Commercial Tower to be responsive to the market, and for end-users represents a better choice than other contracts that lock the occupants into minimum year long leases. By providing state-of-the-art infrastructure and a diverse set of support services, ACW Holdings insure the future of the investor's returns by offering the end-user, the highest grade of service during their tenure.
Long-term tenants will benefit from the upmarket district of Arjan with a projected population of 67,000 people, and located on the edge of Dubailand, the new super-leisure destination park, over 14 times the size of Disneyland, and is expected to have a population of 2.5 million comprising of tourists, workers and visitors.
With valuations provided by Jones Lang LaSalle, in line with their selling point, and a projected rental yield of 26%, with 60% of that yield paid to the Investor, less the operating and management costs of the building, the Light Commercial Tower represents one of the strongest property-investments currently in the market.
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Notes and media contacts
About ACW Holdings:ACW Holdings is specialised in developing high-yield property investments through innovation and market research. The company was formed in 2004 by a group of UK investors to develop property in the United Arab Emirates, beginning with Dubai.
ACW Holdings has two offices in the UAE and two UK offices, the head office in Leeds and a newly built sales office in London. The company is registered with RERA (Real Estate Regulatory Authority) as a Property Developer and activities include real estate development and related services encompassing real estate agency and interior design.
In just over four years, ACW Holdings has grown substantially with numerous major projects under development and an asset value in excess of Dhs5bn. The company strives to establish long term mutually beneficial relationships, providing investors with an exclusive selection of real estate investment opportunities and the highest European standards of quality, service and construction.
For further information:
Geraldine Bautista
Public Relations Executive
Advertising & Marketing Consultants
Tel: +971 4 269 4773
Fax: +971 4 268 5825
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