Emaar Properties, the global property developer, has been adjudged Best Developer in the Middle East and North Africa (MENA) region at the Euromoney Liquid Real Estate Awards. Emaar won six awards in all, including awards for Best Developer in the UAE, and for Best Residential and Best Mixed-Use Developer in the MENA region and the UAE.
Euromoney Liquid Real Estate Awards honour the worlds leading developers for their commitment to industry best practices in overall project management and strong investor relations and corporate governance practices, as reflected in the companys financial fundamentals. Euromoney Liquid Real Estate is a publication focused on international real estate financial markets, and the winners are selected from a global poll amongst industry professionals.
Mr Arif Amiri, Senior Director - Investor Relations and Corporate Governance, Emaar Properties, said: The Euromoney Liquid Real Estate Awards are a reiteration of Emaars thought-leader position in the real estate sector of the MENA region. Emaar is recognised as the pioneer of master-planned communities, and leveraging on the strength of forward-looking government policies, continues to explore growth options in developed and emerging markets.
Source : zawya.com
Send an E-Mail for India Property Enquiry!
Related News from India Properties
Emaar to showcase $60 billion portfolio at real estate expo
Real estate giant Emaar is expected to showcase an international project portfolio worth more than Dh220 billion ($60 billion) at the upcoming Cityscape 2006 real estate expo, the biggest B2B property expo in the world. Emaar is extending its property development expertise through strategic partnerships and joint ventures internationally, said Managing Director of Emaar International, MENA, Issam Galadari according to Khaleej Times. This is in line with Emaars Vision 2010 of becoming one of the most valuable companies in the world through expansion and diversification, and is an important growth strategy to position Emaar as a global property developer,
Emaar MGF to receive USD 150 mn investment
Dubai-based Emaar has committed a USD 150 million fund to real estate developer Emaar MGF, reports Business Standard. The funding will be by way of Emmar buying stake in some of the projects of Emaar in India. The projects will be a mix of residential and commercial projects. The company had announced plans to develop 566 million sq ft during the next 10 years in India, of which about 455 million sq ft would be residential, 90 million sq ft would be commercial and 18 million sq ft would be retail. Emaar MGF Land is primarily
Emaar MGF Starts $1.8 Billion IPO as Stocks Collapse
Emaar MGF Land Ltd., controlled by the Middle Easts biggest real estate developer by market value, started its initial public offering in India today amid the biggest plunge in equities in almost four years. The market may go up, or come down, but there are fundamentals of a company and the long-term investors will look at that, Shravan Gupta, executive vice chairman and managing director at Emaar MGF, said in an interview at an event in Mumbai. We hope we will be seen in a long-term perspective. Emaar MGF is seeking 70.8 billion rupees ($1.8 billion), in what would be
India’s Emaar MGF Land to put $3 bln in properties
Real estate firm Emaar MGF Land, the Indian joint venture of Dubais Emaar Properties EMAR.DU, said on Friday it plans to spend $3 billion in developing properties in south India over the next few years. Besides a residential property in Hyderabad with an outlay of $1.4 billion, Emaar MGF will invest in commercial and retail properties and hotels spread over 31 million sq ft in 10 south Indian locations, it said in a statement. Emaar MGF in February called off a $1.6 billion initial public offering because of tepid investor interest. (Reporting by Rina Chandran; Editing by Ranjit Gangadharan) Source : in.reuters.com
Emaar MGF, Leighton join hands for $ 2.5 billion projects
Emaar MGF, one of Indias leading real estate firms Monday announced its joint venture (JV) with Australian construction major Leighton Asia Southern for developing projects worth $2.5 billion in India. Leighton Asia Southern is part of $ 8 billion Leighton Group, whose operations are spread over the entire Asia-Pacific region. The new entity Leighton Construction India Pvt. Ltd. will provide world-class design and construction services for the various projects of Emaar MGF across India. Initially, the new JV would invest upto $150 million with the option of ramping it up as and when required. It would also create employment opportunities for