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Parties to mutually collaborate on real estate, healthcare & 'smart tech' business & investments opportunities in India, UAE & GCC
UAE - TASWEEK Real Estate Development and Marketing, an advisor and solutions provider serving the property markets, has signed a Memorandum of Understanding with India's MAMS Holdings Group an international development and construction firm, to mutually pursue business and investment opportunities in India, the UAE and the GCC.
Under the terms of the Strategic Partnership, MAMS Holdings will work with TASWEEK in pursuing real estate investment opportunities and related businesses in residential, commercial and other mixed-use projects enabled with 'smart' technologies in India and UAE. TASWEEK, on the other hand, will provide MAMS Holdings with project development and investment opportunities in the UAE and broader GCC related to real estate and potential business from Health Care and 'smart' Residential projects. Both parties will mutually facilitate local prospects in the fields of 'Smart Cities' and 'Smart Technologies.' Moving forward, TASWEEK and MAMS Holdings eventually forge a Joint Venture Agreement.
Masood Al Awar, CEO, TASWEEK Real Estate Development and Marketing, said: "TASWEEK shares a lot of development visions with MAMS Holdings, such as a sharper focus on incorporating 'smart' technologies into tomorrow's communities. Moreover, our partner has extensive experience in markets where we have already established a strong presence, such as Malaysia. We believe our collaboration will yield a lot of mutually beneficial business and investment opportunities and look forward to our future forays into India which is currently enjoying a buoyant property market sentiment."
Mr. Mehsan Arshad, MAMS Holdings Group Director and MAMS Infra Projects CEO, said: "We are very happy to work with a strategic partner such as TASWEEK with whom we share the values of professionalism, integrity and accountability. We also admire their diversified portfolio of real estate."
MAMS Holdings Group is a full-service general developer, contractor, design-builder and construction company serving both the public and private sectors. Its highly professional teams of builders across India have an overall experience of more than 29 years in the construction, and maintenance of high-rise buildings, towers, and gated communities. From small site development to massive multi-billion projects, MAMS Holdings is equally effective at various project scopes and sizes. The company offers construction expertise in three core product lines: Infrastructure, Trading, and Information Technology.
TASWEEK Real Estate Development and Marketing has over 20 years of outstanding innovation and leadership within the real estate sector. Its flexible investment structures enable investors to actively participate in its global portfolio of prime properties. The firm's services include Purchase and Sale of Strategic Assets; Asset Management; Joint Ventures, Acquisitions, and Strategic Alliances; and Marketing Consultancy.
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About Tasweek
Tasweek, a provider of comprehensive real estate development solutions for the UAE and the broader Middle East, leverages over 20 years of extensive experience in valuations, design, and real estate marketing across the UAE, GCC and MENA regions. The private joint stock company draws on its involvement in managing the properties of over 25,000 customers to ensure enhanced client satisfaction in the delivery of a diverse range of services, throughout all stages of the real estate development's lifecycle.
Through its two core competencies of knowledge and networking, Tasweek is highly capable of introducing clients to the right people, creating vital links between industry movers and players, and developing ideas to successfully bring properties to market. For more Tasweek news, please follow us on Twitter at @MasoodAlAwar & @TasweekAE.
For further information please contact:
Orient Planet
Orient Planet PR and Marketing Communications
Tel : +971 2 4418995
Fax : +971 2 4418466
Email: media@orientplanet.com
Website: www.orientplanet.com
© Press Release 2015
