12 May 2010 Press Release
 

First Official Trade Licence Issued on The World, Dubai

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Hospitality and Entertainment Licence Awarded to Kleindienst GroupKleindienst GroupLoading... by Government of Dubai

12th May 2010, Dubai: The first trade licence for business operations on The World islands project in Dubai has been granted to Kleindienst GroupKleindienst GroupLoading..., owner and developer of The Heart of Europe project on The World.

A luxury holiday project, The Heart of Europe is made up of six islands that when complete will house private holiday homes, apartment buildings, hotels, floating palaces and a diverse range of retail, entertainment and food & beverage outlets.

“The Heart of Europe project has been a groundbreaking one – not only literally, when we became the first developer in the world to begin construction on The World, but also metaphorically now as the owners of the very first trade licence to be issued for the development. We are delighted to part of Dubai’s history,” said Josef Kleindienst, CEO of Kleindienst GroupKleindienst GroupLoading....

Awarded by Trakhees, the Government Department for Planning & Development within the Ports, Customs and Free Zone Corporation, the trade licence was handed by Mr. Dawood Mohammed Ahmed –Commercial Registration Manager in CLD- Trakhees to Mr.Josef Kleindienst - CEO Kleindienst GroupKleindienst GroupLoading... during a special ceremony on Germany island.

Chris O’Donnell, CEO of NakheelNakheelLoading..., the master developer of The World project, commented on the milestone achieved by Kleindienst GroupKleindienst GroupLoading...: “The award of the first trade licence on The World is a momentous occasion for both NakheelNakheelLoading... and, more importantly, for Kleindienst GroupKleindienst GroupLoading.... We congratulate Mr Kleindienst on achieving yet another milestone.”

Construction on the first two islands began in February this year, with completion of 20 luxury villas on Germany island scheduled for the end of Q1 2011. Thirteen villas are already sold. Development of the full project will be complete in 2015.

“In the true manner of Austrian hospitality (Austria is my home country), the majority of hotels and restaurants there are family-run establishments. With our licence for The Heart of Europe we can continue this tradition of owning and operating our own hotels and restaurant outlets,” said Kleindienst.

- Ends -


About The Heart of Europe
The Heart of Europe is a six-island, 12-site luxury holiday development by the Kleindienst GroupKleindienst GroupLoading... on The World project in Dubai. Situated on the islands of Germany, Austria, Switzerland, The Netherlands, St Petersburg and Sweden, the first-class destination offers an unrivalled resort and leisure experience.

Kleindienst GroupKleindienst GroupLoading... has partnered with some of Europe's foremost architects and technology providers to give The Heart of Europe its signature style of modern design infused with characteristics of the host countries.

A celebration of the continent's artistic and cultural treasures, each country captures a different facet of Europe's unique character - music in Holland, innovation in Germany, style in Austria, wonder in Russia, tranquillity in Sweden and romance in Switzerland.

When complete The Heart of Europe will house 75 private holiday homes, six apartment buildings, six hotels, six lighthouses and six floating palaces as well as a diverse range of retail, entertainment and F&B outlets.


For more information visit www.thoe.ae

About Kleindienst Group
Kleindienst GroupKleindienst GroupLoading... is an established real estate company with interests in industrial, commercial, hospitality, vacation and residential segments of the industry. The company was established in Dubai in 2003 by Josef Kleindienst and has grown from two to 25 staff responsible for several developments and real estate investments in 11 countries.

Kleindienst GroupKleindienst GroupLoading... was originally launched in Austria and Hungary in 1996 as a property broker and investor and has since expanded to include property development across all real estate segments.

Within the UAE the company owns industrial, commercial and residential sites at Dubai World Central, Dubai Investments Park, Jumeirah Village, Dubai Waterfront and The World. Completed developments include the European Business Center and the European Logistics Center in the Dubai Investments Park.

For more information, please contact:
Tara Rogers
Mojo PR
Tel: 971 50 345 8424
tara@mojo-me.com

Asia-Marie Webb
Mojo PR
Tel: 971 50 468 1180
Email;asia@mojo-me.com

© Press Release 2010

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