Al Anwa plans major hospitality projects in Makkah October 22, 2014

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Al Anwa for Investment & Real Estate Development, the property arm of Saudi-based Al Ibrahim Investment Group, has announced plans to develop a series of hospitality projects on a 30,000-sq-m area at prime locations in Makkah, Saudi Arabia.

The project is being developed in partnership with Investor for Securities, a boutique investment banking firm headquartered in Riyadh.

Recent studies have highlighted growth in the Saudi economy in the last five years with an increase of six per cent with oil prices cited as one of the contributing factors, stated Al Fazwan.

For the same period there has been strong growth in the private sector and non-oil related industries with an average increase of seven per cent supported by high levels of business lending by the banks and thus indicating strong growth in the market from a real estate perspective.

The real estate firm will also launch a new investment project located on the King’s Road in Jeddah in addition to an integrated services residential scheme in the north of the province, adding to the more than one million sq m of projects it currently has under development.

Al Anwa said it had signed several agreements in this connection at the recent Cityscape expo in Dubai. The company showcased its key residential, commercial and tourism project portfolio at the event.

“We are delighted with the outcome of Cityscape Global, we not only met our expectations but exceeded them in terms of highlighting the investment opportunities in the Kingdom to a range of high quality investors from around the world,” remarked Salman bin Abdullah bin Fadilah, the general manager of Al Anwa.

“Our goal was to showcase a range of projects located in Riyadh, Makkah and Jeddah to reputed local and international investors and developers. The signing of a MoU with the Investor for Securities group was particular good news and we look to the future with great optimism,” he noted.

Investor for Securities board chairman Abdullah bin Mohammed Al-Fazwan said: “Our team has already started work on a preliminary study and design concept for an ‘under-wraps’ project for the Jeddah Corniche, which is set to be one of the largest and most important investment mixed-use projects in the region.”

“It will feature commercial and residential towers as well as retail and entertainment spaces covering an area of more than 50,000 sq m,” he added.

Al Anwa plans major hospitality projects in Makkah


Al Anwa for Investment & Real Estate Development to unveil SAR1.8 billion REIT and exciting investment opportunities

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Property arm of Al Ibrahim Investment Group set to sign several MoUs at Cityscape Global 2014 as company showcases plans for development of residential, commercial and tourism project portfolio in key locations across the Kingdom

Al Anwa for Investment & Real Estate Development, the property arm ofSaudi Arabia-headquartered Al Ibrahim Investment Group, will share details of its portfolio of investment opportunities in the Kingdom at Cityscape Global 2014, as it looks to grow its strategic partnership base in the region.

“We have a number of projects located in Riyadh, Mecca and Jeddah, and are working in collaboration with both reputed local and international investors and developers. In addition, we will also be revealing details of our latest real estate investment trust (REIT), which will be one of the largest private REITs in the market, valued at SAR1.8 billion (US$48 million),” said Salman bin Abdullah bin Fadilah, General Manager, Al Anwa Investment & Real Estate Development.

The annual property show City scape Global which takes place in Dubaifrom 21-23 September 2014 at the Dubai International Convention & Exhibition Centre, is the perfect environment for Al Anwa to also update the investment and development community on its plans for diversification as it builds its knowledge network of business partners with the goal of creating an integrated pool of expertise to drive its future strategy.

Al Anwa for Investment & Real Estate Development to unveil SAR1.8 billion REIT and exciting investment opportunities


Al Anwa for Investment & Real Estate Development to unveil SAR1.8 billion REIT

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Property arm of Al Ibrahim Investment Group set to sign several MoUs at Cityscape Global 2014 as company showcases plans for development of residential, commercial and tourism project portfolio in key locations across the Kingdom
Al Anwa for Investment & Real Estate Development, the property arm of Saudi Arabia-headquartered Al Ibrahim Investment Group, will share details of its portfolio of investment opportunities in the Kingdom at Cityscape Global 2014, as it looks to grow its strategic partnership base in the region.

Al Anwa for Investment & Real Estate

 


Al Anwa for Investment & Real Estate Development to unveil SAR1.8 billion REIT and exciting investment opportunities September 16, 2014

فهد بن عبدالعزيز آل إبراهيم

Property arm of Al Ibrahim Investment Group set to sign several MoUs at Cityscape Global 2014 as company showcases plans for development of residential, commercial and tourism project portfolio in key locations across the Kingdom
Al Anwa for Investment & Real Estate Development, the property arm of Saudi Arabia-headquartered Al Ibrahim Investment Group, will share details of its portfolio of investment opportunities in the Kingdom at Cityscape Global 2014, as it looks to grow its strategic partnership base in the region.

“We have a number of projects located in Riyadh, MeccaandJeddah, and are working in collaboration with both reputed local and international investors and developers. In addition, we will also be revealing details of our latest real estate investment trust (REIT), which will be one of the largest private REITs in the market, valued at SAR1.8 billion (US$48 million),” said Salman bin Abdullah bin Fadilah, General Manager, Al Anwa Investment & Real Estate Development.

The annual property showCity scape Global which takes place in Dubai from 21-23 September 2014 at the Dubai International Convention & Exhibition Centre, is the perfect environment for Al Anwa to also update the investment and development community on its plans for diversification as it builds its knowledge network of business partners with the goal of creating an integrated pool of expertise to drive its future strategy.

“We are looking to bring on board like-minded partners with a wealth of expertise and sector experience from technical capabilities to marketing know-how across the different asset classes, whether residential, commercial or tourism-related, and hope to sign several significant MoUs during the event itself,” said bin Fadilah.

“In recent months, we have worked on the development and launch of a number of quality-led projects in the Central Region of Saudi Arabiamost importantly in Riyadh ? with commercial and residential schemes totalling more than three-million square metres, as part of our vision of playing an actvie role in increasing supply to meet the needs of citizens and residents across the Kingdom,” he added.

Bin Fadilah also confirmed that the company will launch a new investment project located on the King’s Road in Jeddah in addition to an integrated services residential scheme in the north of the province, adding to the more than one-million-square-metres of projects it currently has under development.

Al Anwa for Investment & Real Estate Development to unveil SAR1.8 billion


Saudi realty major eyes Cityscape 2014 September 13, 2014

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Leading Saudi investment and development company make Cityscape Global debut ahead of $480 million REIT announcement as it looks to partner with local and regional real estate portfolio developments including substantial land bank opportunities Riyadh-headquartered investment and development Company.

Al Ibrahim Investment Group will participate as a first-time exhibitor at Cityscape Global 2014 with a SR 5 billion Ryal (US$1.3 billion) investment purse and the goal of developing long-term strategic partnerships to grow its real estate portfolio.

Owned by Sheikh Abdul Aziz Bin Ibrahim Al Ibrahim Chairman of the Group, the group already has a healthy portfolio of active regional real estate projects plus a substantial land bank that includes a prime site in Egypt.

According to Fahad bin Abdul Aziz Al Ibrahim, Vice Chairman of Al Ibrahim Investment Group, the company is looking at various asset classes’ opportunities from residential and commercial projects through to hotels and other specialist sectors.

“We already work with an astute group of international investors from across the Kingdom as well as Egypt, Tunisia, France, Germany and the UK, and our future vision is to set up a series of investment funds encompassing both domestic and international projects, in alliance with equally visionary partners across a variety of industry sectors,” he said.

Al anwa for Investment and Real Estate Development, the company’s real estate arm, will reveal details of its latest real estate investment trust (REIT) at Cityscape Global, which will be one of the largest private REITs in the KSA valued at SR1.8 billion (US$480 million).

With an established track record in the GCC real estate sector including the establishment of REITs, residential project development and tourism and trade-related endeavours, Al Ibrahim is also keen to ensure that its projects deliver in terms of adding value to the communities where they are located and the local economy.

Saudi realty major eyes Cityscape 2014


Saudi group set for $1.3bn Cityscape debut

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Al Ibrahim Investment Group, a major developer in Saudi Arabia, is set to make its Cityscape Global debut with a SR5-billion ($1.3 billion) investment purse and the goal of developing long-term strategic partnerships to grow its real estate portfolio.

Owned by Sheikh Abdul Aziz bin Ibrahim Al Ibrahim, the group already has a healthy portfolio of active regional real estate projects plus a substantial land bank that includes a prime site in Egypt.

The company’s Cityscape debut comes ahead of its $480-million REIT (real estate investment trust) announcement as it looks to partner up on local and regional real estate portfolio development including substantial land bank opportunities.

Fahad bin Abdul Aziz Al Ibrahim, the vice chairman of Al Ibrahim Investment Group, said the company was looking at various asset classes opportunities from residential and commercial projects through to hotels and other specialist sectors.

“We already work with an astute group of international investors from across the kingdom as well as Egypt, Tunisia, France, Germany and the UK, and our future vision is to set up a series of investment funds encompassing both domestic and international projects, in alliance with equally visionary partners across a variety of industry sectors,” stated Fahad.

Saudi group set for $1.3bn Cityscape debut



AL Ibrahim Investment Group to open US$5 billion purse to prospective investors at Cityscape September 10, 2014

Leading Saudi investment and development company makes Cityscape Global debut ahead of US$480 million REIT announcement as it looks to partner up on local and regional real estate portfolio development including substantial land bank opportunities

Riyadh-headquartered investment and development company, Al Ibrahim Investment Group, will participate as a first-time exhibitor at Cityscape Global 2014 with a SAR 5 billion Ryal (US$1,333 million) investment purse and the goal of developing long-term strategic partnerships to grow its real estate portfolio.

Owned by Sheikh Abdul Aziz Bin Ibrahim Al Ibrahim Chairman of the Group, the group already has a healthy portfolio of active regional real estate projects plus a substantial land bank that includes a prime site in Egypt.

According to Fahad bin Abdul Aziz Al Ibrahim, Vice Chairman of Al Ibrahim Investment Group, the company is looking at various asset classes opportunities from residential and commercial projects through to hotels and other specialist sectors.

“We already work with an astute group of international investors from across the Kingdom as well as Egypt, Tunisia, France, Germany and the UK, and our future vision is to set up a series of investment funds encompassing both domestic and international projects, in alliance with equally visionary partners across a variety of industry sectors,” he said.

Al anwa for Investment & Real Estate Development, the company’s real estate arm, will reveal details of its latest real estate investment trist (REIT) at Cityscape Global, which will be one of the largest private REITs in the KSA valued at SAR1.8 billion (US$480 million).

With an established track record in the GCC real estate sector including the establishment of REITs, residential project development and tourism and trade-related endeavours, Al Ibrahim is also keen to ensure that its projects deliver in terms of adding value to the communities where they are located and the local economy.

AL Ibrahim Investment Group to open US$5 billion purse to prospective investors at Cityscape