Will provide update on tower design progress with KMP

Dubai, 30 April 2008: KM Properties, the real estate development arm of KM Holding, today welcomed Sir Terry Farrell, the founder of Terry Farrell & Partners of UK, as he visits KM Properties to present the latest update on the projects he has with KM Properties. 

Enjoying a high reputation for their architectural designs, the British firm is made up of team of world-renowned city planners, urban designers, master planners and architects under the leadership of Sir Terry Farrell. Over a period of more than 40 years, the practice has had the privilege to study and work in leading major world cities around the globe. Sir Terry Farrell received knighthood from Her Majesty Queen Elizabeth of England in 2001 for his contribution in the field of architecture and expertise in urban design and planning. He received the title of "Sir Terry Farrell"; a title so few privileged citizens of United Kingdom gets to enjoy. Terry Farrell and Partners are also the designers behind the Greenwich Millennium Dome in London.

"We are delighted to see Sir Terry Farrell work in Dubai. Our partnership with Terry Farrell & Partners was borne from a long and successful history," said Ms. Khulood Abdulla Al Rostamani, Executive Director and Co-Founder of KM Holding, parent company of KM Properties.

"KM Properties believes in an integrated approach to developing our projects from design to construction and Terry Farrell and Partners fits the bill with their expertise in architectural design that is world class," Khulood Al Rostamani added.

"It has been a privilege for our firm to be chosen the design partner for KM Properties. We are elated to work with such visionaries like KM Properties where their desire to create world-class edifices and structures that will revolutionize the way we see Dubai cityscape take new shape, is very much similar to our aspiration. The Artisan Cluster has been designed to offer something new in Dubai in terms of architecture that is themed around the inspiration of the local arts, heritage and culture. We see our partnership go a long way beginning with this inspiring multiple projects in Business Bay," remarked Sir Terry Farrell.  

Inspired to be a haven of Art & Culture; the uniquely created Artisan Cluster is aimed to be a centre of modern Arabic art, having museums showcasing unique Art pieces of local and international Artists. Artisan Cluster is designed by Terry Farrell and Partners to be a perfect embodiment of an artisan's love for unique beauty enveloped in varied motifs and themes as evident from the design aesthetic you will see of the project. Sir Terry Farrell managed to take KM Properties  vision for TAMANI Artisan Cluster to become a future hub for artists and art lovers where numerous displays of modern and contemporary Arab art pieces can be viewed all over the cluster's interior and exterior premises.

The ARTISAN CLUSTER, with built up area of approx. 2million square feet, is an exceptional development located near the Burj Dubai Tower consisting of clusters of iconic towers comprising of hotels, commercial and residential towers. TAMANI Hotels and Resorts, a member of KM Holding will manage the hotel, commercial, residential and retail spaces within this prestigious project in new Down town Dubai.

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About KM Properties:
KM Properties, the real estate arm of KM Holding, is a fully-fledged real estate developer with a portfolio of residential, commercial and freehold properties; and is strengthening its position as a market leading developer by focusing on the core business of property development locally and internationally to achieve high returns. The company owns a large number of properties in the UAE of exceptional quality and value with a selection of properties that can only be described as deluxe due to the high quality of accommodation, decoration and equipment provided, as well as locations and views.

About TAMANI Hotels and Resorts:
TAMANI Hotels and Resorts, is a member of KM Holding, it is a fresh, modern and innovative hotel management company dedicated to delivering genuine hospitality through creative and outstanding service with wholesome values that are people-focused and performance oriented. TAMANI Hotels and Resorts combine recognised Islamic values with a passion for creativity and excellence. TAMANI Hotels and Resorts is a subsidiary of KM Holding, one of Dubai's fastest growing business conglomerates. The headquarter is based in Dubai, United Arab Emirates. For more information, please visit: www.tamani.com

About KM Holding:
KM Holding is one of the fastest growing companies in the Gulf, with core business in the areas of automobile sales and services; management consulting services; real estate development, property management; hotel & Resort Management, and healthcare. KM Holding is the parent company for KM Properties, KM Rent, TAMANI Hotel & Resorts, KM Investments, KM Advertising and Marketing and KM Automobiles and Trucks (KAT). For more information, please visit www.km-holding.com 

PRESS CONTACT:  
Bessie Sagario
Marketing Manager
KM Holding
Bldg. 2, Level 4, Burj Dubai Square
PO Box 42035, Dubai, UAE
Tel: +971 4 4289888
Fax: +971 4 4289820
bessie@km-holding.com
www.km-holding.com

© Press Release 2008