"We are delighted with the outstanding response our developments have received in Germany, a key market for Emaar. The sheer size and magnitude of our projects, coupled with the diversity of lifestyles on offer at each, impressed the Germans who are keen to invest in luxurious holiday or second homes in this part of the world, " said Mansour Al Othaimin, Executive Director, Emaar Properties.
Emaar already enjoys a presence in the German market through its association with European real estate giants Engel & Voelkers who represents the property major in Germany, Austria, Switzerland and Liechtenstein.
Key highlight of Emaar's participation at the Munich show was the company's finest real estate venture, the Burj Dubai Development featuring the Burj Dubai, the world's tallest tower, and The Dubai Mall, the world's largest shopping and entertainment mall.
Also showcased at the Emaar pavilion was the company's prestigious Dubai Marina waterfront development, Emirates Hills golfing community and its unique desert themed residential Arabian Ranches project.
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Germans impressed by Emaar's properties
- United Arab Emirates: Monday, May 31 - 2004 at 13:44
- PRESS RELEASE
Emaar's diverse property portfolio featuring exclusive lifestyles and world-class amenities have attracted a favourable response at the Dubai-Germany Economic Partnership Forum which concluded on May 28 in Munich.
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About Emaar Properties PJSCEmaar Properties is a Public Joint Stock Company listed on the Dubai Financial Market. With an asset base of US$7.7 billion including the land bank, the Company's vision is 'Shaping the Future. Today' by focusing on innovation, meticulous planning and the continuous pursuit of excellence. The Company has witnessed tremendous growth since its inception in 1997 and boasts a rapidly growing tenant base.
Currently, it has several major real estate projects under various stages of development. These developments include Dubai Marina, Arabian Ranches, Gazelle, Emirates Hills, The Views, The Meadows, The Springs, The Lakes, Hattan Homes, The Greens, EMAAR Towers and Residences at Burj Dubai. The company also owns and manages the Gold and Diamond Park, and has started construction on its most ambitious project to date, the Burj Dubai - the tallest skyscraper in the world.
While Emaar continues to actively pursue expansion in its core business of innovative, high quality real estate development, it has diversified into related business lines to further build value for its 41,000 shareholders. In line with this corporate belief, Emaar also owns and manages four subsidiaries - Dubai Bank, focused on retail and commercial banking, Amlak Finance, the UAE's first mortgage finance company, EMRILL, a joint venture with the UK-based Carillion plc which provides innovative property and facilities management services, and its technology and communications company, Sahm Technologies.
For further information, please contact:
Iram Zaidi/Lina Anani
ASDA'A Public Relations
Exclusive Affiliate of Edelman PR Worldwide
in Middle East and North Africa
Dubai, UAE
Tel: +971-4-3355969, Fax: +971-4-3356080
Emaar Properties
Tel: +971-4-367-3566
Fax: +971-4-367-3705
Posted by Anne-Birte Stensgaard, Senior News EditorMonday, May 31 - 2004 at 13:44 UAE local time (GMT+4)
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