ABU DHABI, UAE--May 11, 2008, Al Rayan Investments will be among the top regional and international investment companies to participate in Cityscape Abu Dhabi 2008, an annual event highlighting the best in real estate, architecture, urban planning and design, taking place from May 13th to 15th at the Abu Dhabi National Exhibition Centre.
His Excellency Fardan Al Fardan, Chairman of Al Rayan Investments said, "Cityscape Abu Dhabi represents an important platform for us and all real estate developers in Abu Dhabi to showcase the Emirates' vision towards real estate developers".
Al Rayan Investment will have a strong presence in the exhibition through its unique and innovative projects. The company will display an array of projects that will form landmarks in the Emirates of Abu Dhabi.
"An event like Cityscape allows us to demonstrate the high standards with which we approach every project, as well as the strong relationships that we have built that have become long-term partnerships based on mutual trust and strategic synergies" Mr. Al Fardan added.
May 13, 2008
Highlighted projects include:
Construction Workers Residential City: A completely managed and serviced purpose-built for accommodating 32,000 primarily construction workers for the booming construction industry in Abu Dhabi, UAE. A comprehensive solution concept - completely self-sufficient within its boundaries - ensuring the comfort and well-being of its community.
Modern Residential City - a one-of-a-kind lifestyle concept that will house over 25,500 workers, technicians and supervisors in a safe, multi-faceted facility. It will include hypermarkets, food courts, a mosque, post office, banks, health clubs and more.
Moon Flower Tower - a modern, luxury accommodation with 160 apartments, each with its own atrium. The whole development will be provided with high-end solutions, using state-of-the-art technologies to enhance the quality of life and promote the concept of Smart Digital Living.
A central Command and Control Center (CCC) will include a City Management System that connects to the Building Management System (BMS) and Building Automation System (BAS), enabling the community management staff to control and monitor the status of all electrical and mechanical systems in the building.
Apex: Two individual towers standing as one unique complex over a common commercial podium, located on Capital Center Development. This development offers broad views of the canal and the growing area of the waterfront development.
The common podium of the two towers contains the separate entrances,
restaurants, coffee shops and retail areas, in addition to the basement levels for services and car parking.
Al Rayan is also developing other real estate projects, Al Rayan Youth Village for low income people. Industrial initiatives include Ray White Real Estate, PSP, Green Precast, Green Thermal Paint, Green Form Work System, Corcon and Fertile Earth.
At Cityscape Abu Dhabi, Al Rayan will feature its diversified strategic approach, which encompasses real estate development, real estate services, educational services, healthcare services, technology services and industrial projects.
For more information, visit the Al Rayan Investments stand at Cityscape Abu Dhabi Hall 1 stand # 1D20 or visit www.alrayan.ae
-Ends-
About Al Rayan Investments
Al-Rayan Investment Company is a U.A.E private joint stock company, owned by prominent businessmen, established in 2004 and specialized in investment activities that cover real estate, industrial, military supplies, specialized education, finance and healthcare projects.
Actively contributing to investment activities, Al Rayan maintains a progressive outlook and recruits professionals with over 20 years of focused industry experience, ensuring all measures to protect and nurture its investments.
The Company enjoys high level partnerships, associations and alliances with strategic and leading Technical and Professional Firms from around the world, that together form a consortium of excellence to service the U.A.E market.
Al Rayan has fulfilled its promise to all its investors and partners and has seen prodigious success, having established a AED 100 million capital as a real estate investment company and now after 4 years since its lunch, the company has secured a capital of AED 412 million.
Al Rayan's business strategy is to identify business opportunities that are based on calculated risk reduction and equity sharing.
Amongst the company's projects that are already underway are five mega projects in Abu Dhabi:
1- The Workers Residential City in Mussafah Industrial City. The AED 850 million project will provide accommodation for 25,500 workers and will be constructed over 2 years.
2- Construction Workers Residential City with a total value of AED 418 million to accommodate 32,000 workers in Al Mafraq area.
3- Moon Flower Tower a residential apartments in the Danat Abu Dhabi real estate development. Total value of the project is set at AED 200 million.
4- Apex Complex twin towers in Abu Dhabi Exhibition Land consisting of a hotel and offices. Total value of the project is set at AED 500 million.
5- Al Rayan Youth Village, Affordable housing with total value AED 1 billion.
In addition, Al Rayan invests in securities, stock markets, alternative energy, solar and clean energy, education and logistics. It also holds stakes of varying degrees in a range of other companies.
Al Rayan has laid out plans to attract companies involved in real estate services and operation. Al Rayan is considering plans for major property projects with investments between AED 2 and 6 billion. The company is now in talks with strategic partners on potential joint investment ventures outside the Emirate of Abu Dhabi.
Al Rayan has reached new levels of success. And is going further.
For more information please contact:
Habib Bacha
Media Relations Consultant
Gavin Anderson & Company
P.O.Box 45175 Abu Dhabi UAE
Tel: 00971(0) 2 6225775
Fax:00971(0) 2 6225770
Mob:00971(0) 50 7319733
habib@gavinanderson.ae
www.gavinanderson.ae
© Press Release 2008
