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Asteco show cases exciting new local & international developments for investors at The Global Real Estate Investor Show in Abu Dhabi and Dubai
- United Arab Emirates: Monday, February 16 - 2004 at 13:47
- PRESS RELEASE
Asteco, the UAE's largest property management company, is show-casing some of most prestigious off-plan property investments at the 2004 Global Real Estate Investor Show.
Asteco is hosting one of the largest areas at the exhibition, a stand area of 28 square metres.
Jane Woods, Manager of Asteco's International Property Division said: "Experts will be on hand to answer investors' questions including Mr Steven Flint from Savills Private Finance, an independent mortgage broker from the UK. We expect interest to be very high. Expatriate investment overseas is rising and our portfolio, we believe, is second to none.''
Asteco is working in association with developers in Malta, France and Australia - to name but a few - to exhibit the hottest properties on the global market. Developments in Dubai will also be featured.
Overseas Properties
In association with Melbourne's Key Security Investment Group (KSIG), Asteco is marketing The Archer: a 34 storey, 200 apartment development in Melbourne's district of Victoria located between the Southbank and Docklands. The building features smart city wiring that allows full automated control over everything in the unit.
Australia's government is investing heavily in Melbourne. Population growth has doubled in Victoria over the last ten years.
A survey of 130 cities by the London-based Economist Intelligence Unit gave Melbourne top billing with Vancouver in the study which examined the levels of comfort and hardship for expatriates, focusing on 12 factors including housing, education, recreation and climate. Bill Ridgers, editor of the EIU's Cost of Living survey, said: "Melbourne is just about the perfect city. It got perfect scores on every single category we looked at."
Asteco is also working with Intrawest, Canada's leading property developer and operator of ski and golf resorts, who are creating Arc 1950 - Le Village, a new five star resort village in Les Arcs in the French Alps. The village is totally ski-in, ski-out and is now linked by the latest double-decker cable car to the neighbouring resort of La Plagne for 420kms of ski runs.
A self-contained destination, Le Village features eight main buildings and 750 holiday homes that range from one to five bedrooms plus comprehensive resort management.
And in Malta, Asteco is working with Dhalia Real Estate on projects tailor made for those seeking to purchase property in a Mediterranean environment.
Chris Grech, Business Development Director for Dhalia Real Estate said: "Asteco has extensive experience in the real estate industry and they were naturally our first choice to market our properties. The quality of service offered to our UAE customers complements our standards in Malta."
Closer to home, Asteco will also offer a full range of properties for sale in Dubai.
Jane Woods will be on hand to offer information on a broad range of properties including developments in Spain and the UK.
She said: "Buying off-plan has many advantages. For expatriates as well as Gulf Nationals, investing in property while living in a tax free environment, makes perfect financial sense."
The Global Real Estate Investor Show is the first of its kind in the UAE. For Asteco, it is a perfect opportunity to exhibit a prestigious portfolio of investment property and extend its range of services to a global audience.
In the UAE, Asteco has taken a leading role in the Dubai and Abu Dhabi property scenes, from complete agency services for leasing and sales to development advice, building management, valuations and feasibility studies for residential, commercial and retail developments.
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Issued by octOpus on behalf of ASTECO. For further information, please call Shereen Dury at octOpus on 04 2868275 or 050 7690087.Disclaimer:
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