09 Dec 2007 Press Release
 

Sara Real-Estate Co. Launches New Real-estate Project

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Marking Valuable Addition to the Wadi Saqra Area

Amman, Jordan: Sara Real-Estate Co, a subsidiary of Faouri GroupFaouri GroupLoading..., recently announced that it is currently in the process of constructing a new multi-purpose commercial building. This building is the 4th to be constructed by the corporation, and is located in the Wadi Saqra area near to the King Abdullah gardens.

Using the latest architectural trends, the new complex comprises of office spaces and retail outlets. It is strategically located within close driving distance to Amman's newer business districts and is conveniently surrounded by retail and entertainment outlets including restaurants, coffee shops, and the recreational King Abdullah Gardens.

Vice Chairman of Sara Real Estate Co, L.L.C, Mr. Mutasem Faouri said, "We feel that this new project is a valuable addition to our expanding real-estate project portfolio. We, at Sara Real Estate, believe that location is key to the success of any project of this nature the reason behind choosing a site, which is within the easy access of business professionals, traders and the general public. We will be enhancing the spaces we are offering with state of the art services, and equipping the building with all modern amenities. We understand that Jordan's real-estate scene is a very dynamic one and we therefore feel that as real-estate developers it is our duty and mission to respond to the ever-changing demands of our clients in this field."

From his end, Chairman of Faouri GroupFaouri GroupLoading... L.L.C., Mr. Fayez Faouri said, "The launch of this new project presents itself as a landmark within the history of Sara Real-Estate Co. and Faouri GroupFaouri GroupLoading... at large. We will ensure that this project is completed within the designated time and are confident that the management at Sara Real-Estate Co. will be following this endeavor up with many more achievements to come."

It is important to note that Sara Real-Estate Co. was established in the year 2005 with headquarters located on Mecca Street. The company's growing team of 19 focus on real-estate development and the construction of residential and commercial buildings. Other projects launched by the firm include 3 commercial buildings both located on Mecca Street and the company is looking into prospects for expanding its project portfolio in the near future.

-Ends-

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