• HSBC

Stoneset Equities announces investment opportunities in Dhs1.19bn Vista Del Lago development at Worldwide Property Show 2009

  • United Arab Emirates: Thursday, June 04 - 2009 at 11:07
  • PRESS RELEASE

Stoneset Equities, a leading real estate investment company and property developer today at the Worldwide Property Show (WWPS), stand 102, invited potential investors to register interest in Vista Del Lago, its flagship lakefront multi-use development in British Columbia, Canada.

Situated in the mountains of Invermere, Vista Del Lago offers a lifestyle that is exciting and compelling as the investment opportunity it presents.

Canada is quickly becoming recognized as one of the safest countries in the world in which to invest. Rich in natural resources, it has the second-highest GDP per capita in the world and a debt-free government that has pursued fiscally-responsible strategies and development.

Further appeal is added by high standards of living, low crime rates and the world's number one banking system (as rated in the World Economic Forum Survey 2008). Vista Del Lago is situated in British Columbia, part of Western Canada where business costs and tax rates are lower than the national average.

Mr. Tony Argento, Chairman and CEO of Stoneset Equities Ltd. spoke of the unique proposition Vista Del Lago, presents:
"The economic events of the last 18 months have left investors unsure of where good opportunities lie. Vista Del Lago is being built in the heart of one of the most economically stable countries in the world, where a combination of natural resources, prudent planning, and a diversified economy provide firm foundations for stable future growth."


"Yet as well as a fine investment opportunity, Vista Del Lago offers an almost unmatched mixture of outdoor lifestyle, environmental responsibility, outstanding natural beauty and transportation links for anyone wishing to call it their second home," he added.

Literally translated as 'View of the Lake', Vista Del Lago is nestled in the mountains of Invermere, British Columbia, and features a unique terraced hillside design that gives incredible views of Lake Windermere and the Purcell Mountains.

The Columbia Valley offers year-round recreation via almost every imaginable outdoor activity, including lake activities and 15 world-class golf courses within a 60-minute radius and six world-class ski resorts within 90 minutes. Nearby downtown Invermere offers an excellent range of shopping and restaurants.

Vista Del Lago will be developed over 10 phases and includes a 144-room four star hotel and conference centre, 570 recreational and residential condominiums and 45,000 square feet of commercial space. The project is being developed in line with best international sustainable development practices to minimize its environmental impact.

Cranbrook's airport recently received international designation, creating additional demand for hotel accommodation, conference centre facilities and recreational property in the Columbia Valley.

Vista Del Lago is currently 60% sold. Investors expressing interest in the development at the Worldwide Property Show this week will be able to take advantage of a special offer: CDN$8,000 (approximately Dhs27,000) minimum investment for CDN$10,000 investment value.

The Worldwide Property Show Dubai is the longest running and most-recognised international real estate exhibition in the Middle East, and runs from June 3 to 5 at the Grand Hyatt Hotel in Dubai.
Stoneset Equities announces investment opportunities in Dhs1.19bn Vista Del Lago development at Worldwide Property Show 2009.
Stoneset Equities announces investment opportunities in Dhs1.19bn Vista Del Lago development at Worldwide Property Show 2009.
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About Stoneset Equities:
Stoneset Equities Ltd. is a real estate investment company and property developer dedicated to creating profitable and environmentally sustainable real estate projects. Focusing on value-based return to investors in capital-secured projects through Limited Partnerships, Stoneset Equities provides opportunities in residential, recreational, commercial and industrial developments.

Stoneset boasts a team of highly-qualified people with 300 plus man-years of experience who specialize in environmental design, planning, project development, project management, financial planning and investment security compliance.

Stoneset's projects are strategically located in high-growth regions in Western Canada - the economic hub of the country.


For more information, please contact:
Daniel Hearson
Tel: +971 50 843 7669
Fax: +971 4 421 3638

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