Jan 18 2007 |
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Corporate Finance House breaks ground of West Wharf in Business Bay
Dubai - lowing the launch of West Wharf- one of the few dedicated residential developments in Business Bay- in December last year, today saw the official groundbreaking ceremony and laying of the foundation stone.Scheduled for completion in December 2008, West Wharf comprises 18 floors offering a range of contemporary loft, townhouse and apartment living including duplexes and penthouses with private swimming pools. The development enjoys breathtaking views of the Dubai Creek and has underground parking along with luxury leisure facilities.
Laying the foundation stone, Fawzi Farah, Chairman of the developers, Corporate Finance House (CFH) , said: "This is a truly momentous day for us as we lay the first stone of our first real estate project in Dubai. We would like to thank all our partners and investors for their continuous support. We also thank the management of Dubai Properties and the Government of Dubai for their innovative vision and their impressive cooperation throughout the preparation phases".
-Ends-
Notes to Editors:
Interested investors can call the sales team on +971 4 321 2644.
Corporate Finance House is actively engaged in private equity and real estate fund management. CFH continues to act as owner representative in major multi-contract projects throughout the Middle East.
Formerly known as Capital Trust Middle East (CTME), CFH was formed in 1997 and has a staff of 12 experienced professionals with offices in Beirut and Dubai. A Riyadh office is under formation and is expected to be operational in January 2007.
The Dubai based subsidiary CFH Gulf Ltd. has started developing two buildings in the Business Bay of Dubai (Prime Tower for commercial use and West Wharf for residential use). It also holds investments in several properties in Dubai. A third residential project in the Business Bay will be launched by end of 2007.
For further media information or images, contact:
Liz Fox
Martine Van Wyk
Financial Dynamics
Tel: 04 332 8832
© Press Release 2007
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