ALDAR Properties PJSC to participate in Construct Light + Building 2005

This international exhibition will take place from April 10 to 13, 2005, at the General Exhibition Corporation (GEC) in Abu Dhabi. Opening hours are from 10 am to 1.30 pm and from 5 pm to 9 pm.

ALDAR Properties will use this international exhibition as an opportunity to showcase its recently announced projects, with particular focus on the Al Raha Beach Development.

Visitors to the ALDAR stand will have the opportunity to learn more about this extensive real estate project, which will transform the existing Al Raha Beach area into the new gateway to Abu Dhabi.

The Al Raha Beach development will become a lifestyle destination embracing residential, commercial, cultural, entertainment and public amenities - and will enhance Abu Dhabi's natural wealth of water and beach frontage.

Ahmed Ali Al Sayegh, Chairman of ALDAR Properties, commented: 'We are glad to be invited by the General Exhibition Corporation to take part in this exhibition.'

'We expect it to bring together architects and technical planners and provide information on new systems and concepts, materials, equipments and even building planning software. The philosophy of the show is 'integrated planning from the very beginning' - and this matches perfectly with ALDAR Properties' own approach.'

Ahmad Humaid Al Mazrouie, Director General of the GEC, added: 'We are glad that ALDAR Properties, as one of the premier real estate development, management and investment companies of the UAE will participate in this show.'

The UAE and the entire region sees a tremendous demand for real estate projects and this growth will continue in the next years. The UAE has invested more than 26% of its GDP on fixed assets over the past three years.

ALDAR Properties' senior management researches and secures land and development sites through government concession, long-term leasehold or via land transfer. Projects are undertaken according to the strictest criteria of quality, yields and investment profiles. ALDAR Properties also redevelops existing properties, provided that these are capable of adding value to the company's portfolio of assets. Its operations are hallmarked by close coordination and cooperation between the company's development, project management and property management teams.