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Union Properties Company Plans To Launch 6 New Projects Worth Dhs1.5bn
(28 September 2013)

 

Union Properties has established yesterday morning press conference at Ritz Carlton Hotel, the Dubai Financial center, marking 25 years of its establishment under the auspices of the company’s chairman Khalid bin Kalban, Ahmad Khalaf Al Marri, Director General of the company.

In this occasion the CEO Khaled Jasim Bin Kalban said "The company Union Properties considered one of the oldest and largest leading companies in the field of development and real estate investment in the United Arab Emirates, where began operations start under the name ’Union Properties Private Limited’, but was able to develop and improve its position during the 6 years of its inception to become a ’public shareholding limited ’and here we are today in connection with the celebration of 25 years on her bus was able over the years to strengthen its position in the economic arena, the state, thanks to the perseverance and innovation and providing the highest aesthetic standards and a commitment to values of professionalism and integrity of services provided by public institutions, multinational corporations and society Business and the private sector.

Emerged from Union Properties group of successful companies and includes all of the ’FITOUT’ and ’ServeU’ and ’THERMO’ and ’GMAMCO’ and ’EMICOOL’, as well as a number of partners are: ’REGUS’ and’ Marriott Hotel Apartments’ and ’Courtyard by Marriott ’to form an economic bloc integrated qualifies them achieve their development goals many outstanding comprehensive integration, to include property ownership, sale and investment, management, maintenance, and managed Union Properties during this period of the establishment of bag rich of milestones engineering unique through more than 24 projects, and continued to Union Properties in the pursuit of excellence in performance to provide comprehensive services through a variety of projects leading real estate ranging from commercial, residential and entertainment, starting with the towers rise to complexes versatile hotels, and the complexes’ Theme parks’ project ’the Tower’ and ’Green Community’ and ’Uptown Mirdif’and’ Net Community ’and’ Limestone House ’and’ Motor City ’and’ Index Tower ’area of Dubai International Financial Centre, which was awarded the best high-rise buildings.

And Bin Kalban added" it was able to Union Properties from exceeding all challenges and difficulties encountered following the global financial crisis and a return to profitability.
And he said, Union Properties intends to launch 6 new projects sectors of housing, retail, acquires a residential property on about 87% of the total value of new investments by Dhs1.5bn, will start the implementation of the 3 projects, including the next few months, including Phase I and II of the expansion project "Green Community" in the "Motors City in addition to" The Ribbon, "" commercial project which is characterized by its design engineering is different and contain a wide variety of shops of international brands and a string of restaurants and recreational facilities, where it is expected to be one of the most prominent projects in the region.

In doing so, Ahmed Khalaf Al Marri the General Manager of Union Properties said" Union Properties always follow the six core principles which make up the company philosophy is: quality, service, creativity and, attention, confidence and diversity" and we go always by Union Properties slogan "we develop for better life".

Perhaps the highlight of the nature of the projects UPP their trendy designs and their interest in providing a wide area of the Green Zone, which is the basis of comfort and tranquility

And Al Marri added "The continuation of the series of successes Union Real Estate Company recently topped the list of trades, ranking the first list of Dubai, where the market rises is a strong indicator of the start of a new phase of sustained growth".


 

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