PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Orient Planet PR & Marketing

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Makaseb, Ishraqah and Ta’sees Announce AED 3 billion ‘Plaza Mayor’ Joint Venture - Mixed-use development to offer first tourism and commerce destination at Nakheel’s Jumeirah Village
Makaseb, Ishraqah and Ta’sees Announce AED 3 billion ‘Plaza Mayor’ Joint Venture

 

NewswireToday - /newswire/ - Dubai, UAE, United Arab Emirates, 2006/11/23 - Mixed-use development to offer first tourism and commerce destination at Nakheel’s Jumeirah Village.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Real Estate/Property Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The AED 3 billion, (approximately US$ 818 million) ‘Plaza Mayor’, a project consisting of four 45-storey towers surrounding a large central court termed “The Plaza” was announced today (Thursday, November 23rd, 2006), at a press conference held at Mina A’Salam Hotel at Madinat Jumeirah, Dubai. The project which is set to act as a nexus for business and leisure activity is a joint venture between Makaseb Holding, the regional development and investment company; Ishraqah, a regional real estate development company and Ta’sees, a subsidiary real estate development and investment arm of Tamerat Almousa Group.

The joint venture agreement was signed by Hisham Abdul Ghani, Founder of Makaseb Holding Ltd., Hesham El Far, CEO, Ishraqah and Saad Ibrahim Al Moosa, President of Ta’sees.

The Plaza Mayor, situated in Jumeirah Village, will synthesise European and Arabic cultural influences to cement its credentials as a future business and tourism hub. Inspired by its Spanish namesake, Dubai’s Plaza Mayor will cater to local sensibilities by absorbing UAE market preferences.

Hisham Abdul Ghani, Founder of Makaseb Holding Ltd., said, “The Plaza Mayor will follow multicultural thematic and design influences to become the first mixed use hospitality and business destination in Jumeirah Village. Each of Plaza Mayor’s four hotels will take inspiration from eighteenth century English, French, Spanish and Viennese design cues, blended with modern architectural considerations.”

The Plaza Mayor will cover approximately 3 million square feet of built up area, with a ground surface area of over half a million square feet. Each of the project’s towers will offer a dedicated parking and retail level, followed by a premium 4-storey hotel with 80 five-star rooms. The towers will also house 45 levels of premium office space. The Plaza will emerge as the focal point for all four towers, leading to a distinct layout that will promote interaction and business development.

Hesham El Far said, “The Plaza Mayor’s ideal location and landmark design will be its defining characteristics. Ishraqah has invested over US$ 1.6 billion in more than 50 projects in Jumeirah Village, and we fully expect that iconic projects such as the Plaza Mayor will establish the location as the next city center of a rapidly mushrooming Dubai.”

Speaking at the press conference, Saad Al Moosa, President of Ta’sees, said, “We are delighted to participate in the Plaza Mayor project, which will act as a key commerce and tourism driver on completion. Ta’sees is keen to focus all its expertise and resources to ensure the project’s success.”

Makaseb Holding is a joint venture between the Rufi Group of companies, Sharm Land Limited, A&A Investment and Quattro. The company is geared up to follow a rapid expansion and diversification strategy by drawing on the diverse international experience and regional networks of its founders.

Ishraqah, owned by Sheikh Bader Al Zahrani (Saudi Arabia) and Sheikh Sultan Khaled Bin Mahfouz (Saudi Arabia) among others, is a real estate development company in the UAE; set to invest profoundly in real estate projects across several markets such as Morocco, India, Pakistan and Egypt while focusing on high standards to exceed buyer’s expectations in both residential and commercial communities.

Ta’sees is a premier development and investment company in the UAE that is keen to establish its leadership position in the country’s real estate industry through its portfolio of distinguished residential and commercial projects spread across the UAE. Ta’sees was formed following the partnership between Saudi Tamerat Al Mousa, representing a number of Saudi family business holding companies and leading private businesses in the Kingdom; and Ali Mousa & Sons Group in the UAE, an established investment group.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Real Estate/Property Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Orient Planet PR & Marketing

 
 

Availability: All Metropolitan Area

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Real Estate/Property Management articles,
CATCH Visitors via Your Competitors Announcements!


Makaseb, Ishraqah and Ta’sees Announce AED 3 billion ‘Plaza Mayor’ Joint Venture

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Press Office - OrientPlanet.com 
+971 4 3988901 info[.]orientplanet.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Orient Planet PR & Marketing securities in any jurisdiction including any other companies listed or named in this release.

Real Estate/Property Management via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Orient Planet PR & Marketing / Company Profile


Read Real Estate/Property Management Most Recent Related Newswires:

Ede Costa Team Joins Berkshire Hathaway HomeServices California Properties
Berkshire Hathaway HomeServices California Properties Opens New Office in Brea
Berkshire Hathaway HomeServices Nevada Properties Opens New Southwest Las Vegas Office
Berkshire Hathaway HomeServices Nevada Properties Appoints New Las Vegas Branch Manager
Homenova, Inc. Launches A Website for Private Home Sales
Real Estate Executives Appointed to GLVAR Board in Nevada
Westcorp CFO Named Top Tech Exec in Nevada
Berkshire Hathaway HomeServices Arizona Names New Manager
Berkshire Hathaway HomeServices California Properties Names Larry Tait Yorba Linda Branch Manager
Progressive Realtors Launches New Website to Connect Home Buyers & Sellers
Americana Holdings Forms Alliance with ListHub Global in Three States
Manhattan Boutique Real Estate Joins South China’s Leading Luxury Property Show
17th Annual Kansas City Pagan Pride Day - Harvest Festival and Craft Faire on September 13th
Celebrity Staging Expert Announces Ask The Stagers Platform
Berkshire Hathaway HomeServices Arizona Properties Welcomes Hamlet Terry Team

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  BizJobs.com





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)