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Sunday, May 10, 2015

TECOM INVESTMENTS’VILLA LANTANA FREEHOLD RESIDENTIAL DEVELOPMENT WELCOMES MAJID AL FUTTAIM NEIGHBOURHOOD CENTRE










TECOM INVESTMENTS’VILLA LANTANA FREEHOLD RESIDENTIAL DEVELOPMENT WELCOMES MAJID AL FUTTAIM NEIGHBOURHOOD CENTRE

·         New 53,500square feet neighbourhood centreto begin construction in September 2015

·         Less than a five minute walk from the new Villa Lantana residential community and Al Barsha South residence

·         My City Centre Al Barsha due to open in the third quarter of 2016

Dubai, UAE:TECOM Investments, the established master developer and operator of industry-focused business communities, and Majid Al Futtaim, the leading shopping mall, retail and leisure pioneer across the Middle East and North Africa, today announced that a new neighbourhood centre ‘My City Centre Al Barsha’will be built next to the Villa Lantana residential communityin Al Barsha South.
Scheduled for completion in June 2016, the 53,500 square feet neighbourhood centre, of which 40,000 square feet of space is available for lease,will serve the burgeoning residential community of Villa Lantana which is a short five minute walk away, in addition to other nearby communities in the Al Barsha residential district.

Majid Al Futtaim is committed to expanding their footprint of neighbourhood and community malls to deliver quality retail to residential areas in Dubai and other emirates.My City Centre will bring a collection of select shops which aim to service the everyday needs of the local communities in which they are located.In line with this vision, the My City Centre in Al Barsha will be anchored by aCarrefour Market and will include F&B offerings and popular fashion retailers, as well as community services.

My City Centre Al Barshais strategically located in the growth corridor of Al Barsha South, situatedjust off Umm Suqeim Road. Its proximity to Dubai’s main arterial roads provides easy access to Dubai’s primary residential and business areas.

Commenting on the deal, Badr Al Gargawi, Chief Executive Officer, Development & Planning Division, TECOM Investments said:

“I am delighted to announce that Majid Al Futtaim will be developing a new neighbourhood centreto support theVilla Lantana community. I am confident that this will serve the needs of busy families living in and near the new development, adding value for residents, investors and stakeholders of the development.  Working with Majid Al Futtaim is in line with our vision to create holisticcommunities that cater to the everyday needs and lifestyles of all occupants.”

Michael Cesarz, CEO of Shopping Malls, Majid Al Futtaim Properties, commented:“We’ve set the standard for what a super-regional and regional shopping centre should be in the region with our destinations. Now we are doing the same with neighbourhood centres through the My City Centre brand. We believe this will allow us to bring our vision of creating great moments for everyone, every day much closer to communities by catering to routine needs in a distinctive way. This is what we aim to deliver to the developing communities of Villa Lantana and Al Barsha.”

The centre is the second My City Centre to be announced this year so far, after Majid Al Futtaim announced My City Centre Sur in Oman earlier in March. It will also be the third in the brand after My City Centre Nasseriya opened its doors in Sharjah in early 2014.

Villa Lantana marks TECOM Investments’ dedication to developing self-supporting holistic communities. The residential community comprises of 440 contemporary villas set in a well-planned, landscaped family-friendly neighbourhood. The 3, 4 and 5 bedroom detached and semi-attached contemporary family homes are available in 17 different villa designs and 11 floor plans. Construction of Villa Lantana is on track with completion scheduled for the end of 2015.



Villa Lantana is a freehold villa community for Dubai’s growing family market, launched by TECOM Investments and ideally situated in the heart of Dubai’s growth corridor of Al Barsha South.

Villa Lantana is in close proximity to Dubai’s main arterial roads and enjoys fast and easy access to the city’s primary business areas, retail and entertainment hubs, and educational establishments. Construction is currently underway with project completion set for Q4 2015.

Set in two well-planned and landscaped, gated communities, the development consists of 3, 4 and 5 bedroom detached and semi-attached family homes offering a choice of 17 different villa designs and 11

floor plans. Residents of Villa Lantana will benefit from a retail centre, parks and playgrounds, as well as sports facilities including sports centres with gyms and pools, sports courts and outdoor jogging tracks. All amenities and full landscaping will be completed in time for handover.

For further information and to register your interest, please visit www.villalantana.ae or call 800-LANTANA.


About Majid Al Futtaim
Founded in 1992, Majid Al Futtaim is the leading shopping mall, retail and leisure pioneer across the Middle East and North Africa (MENA).
A remarkable business success story, Majid Al Futtaim started from one man’s vision to transform the face of shopping, entertainment and leisure to ‘create great moments for everyone, every day’. It has since grown into one of the United Arab Emirates’ most respected and successful businesses spanning 13 international markets, employing 27,000 people, and achieving the highest credit rating (BBB) among privately-held corporates in the Middle East.
Majid Al Futtaim owns and operates 17 shopping malls, 11 hotels and three mixed-use communities in MENA, with further developments underway in the region. The shopping malls portfolio includes Mall of the Emirates, City Centre malls, and also four community malls which are in joint venture with the Government of Sharjah. It holds exclusive rights to the Carrefour franchise in 38 markets across Middle East, Africa and Central Asia, operating a portfolio of over 60 hypermarkets and over 70 supermarkets in 13 countries. 
 Majid Al Futtaim operates 129 VOX Cinema screens and 18 Magic Planets across the region, in addition to iconic leisure and entertainment facilities such as Ski Dubai and iFly Dubai, among others. Majid Al Futtaim launched the first LEGO-certified store in the Middle East and is parent to the consumer finance company issuing 'Najm' credit cards, a fashion retail business representing international brands such as Abercrombie & Fitch, Juicy Couture and Halston Heritage, and a healthcare business. In addition, it also has a joint venture operation with Veolia, a global leader in optimised environment resource management, and has expanded into food and beverage in partnership with Gourmet Gulf.

Wednesday, April 22, 2015

Torch Tower Developer assists Owners Association following Torch Fire incident










Torch Tower Developer assists Owners Association following Torch Fire incident                                           

Swift progress continues for repairs.

Dubai, April 19, 2015: Select Group, the developer of The Torch in Dubai Marina has acted swiftly in coming to the aid of the Owners Association in the aftermath of the February fire. Select have appointed National Engineering Bureau, on behalf of the OA, to act as Consultants Engineers to scope, manage and progress the repairs with specialist contractors.

Commenting on their appointment Jamil Jadallah, Owner and Managing Director of NEB stated that "NEB being one of the largest Engineering Consultants in the region would normally not take on this type of work.  However, in consideration of the long standing relationship established between our company and the Authorities, as well as the importance we afford to our valued client Select Group, we have agreed to take on these works and assist the Owners and Residents leading to restoring this iconic building in the shortest possible time.  Select Group handed over the building in 2011 and although no longer involved in its management, their immediate involvement and swift action is highly commendable.  In fact, all parties involved should be commended including the Authorities, Oman Insurance and Kingfield Owners Association Management, for without them, this could have led to a much more serious incident."

All companies are working closely with the Real Estate Regulatory Agency in a unique team effort to get the external fa├žade and 79 remaining units repaired.

Rahail Aslam, Select Group CEO said, “Accidents are an unfortunate part of life and will carry on occurring despite every possible care, however how you respond to an incident like this is what differentiates one company from another. I cannot commend enough the role of Kingfield Owners Association for their very swift and responsible management of the incident.”

The Torch’s eight lifts within the 682 development were functioning as normal within days of the incident, while a full and complete assessment of fire-fighting systems has already been concluded.

Leisure amenities such as pool facilities were secured at the nearby Media One Hotel, with access free of charge to all affected Torch residents. In addition, tenants were able to take advantage of heavily discounted storage facilities courtesy of Extra Space Self Storage offered to them.

A highly skilled rope access team has made safe the exterior of the building and specialist contractors have assessed the building’s infrastructure. Whitelaw Chartered Loss Adjusters & Surveyors are currently processing claims for Oman Insurance. 

Quotes for debris removal from inside apartments have been received and are currently being processed, while suppliers are also quoting for remedial works within apartments that were not directly affected by the fire. 

All parties involved in the follow up operations are committed to ensuring that The Torch is brought back to its original state in the coming months

Sunday, March 29, 2015

Construction sector is Gulf’s biggest consumer of wood, with Dubai serving as major trading hub for GCC, Iran & East Africa











Construction sector is Gulf’s biggest consumer of wood, with Dubai serving as major trading hub for GCC, Iran & East Africa

Dubai WoodShow 2015: “70% of GCC wood consumption is by the construction sector, 30% by furniture factories and carpentries”

Dubai, UAE, 26 March 2015: Dubai WoodShow 2015, the region’s premier timber trade fair, has revealed that the construction industry in the GCC region accounts for 70% of wood consumption, while the rest is taken up by furniture factories and carpentries, quoting the latest ‘Future Outlook of the Wood Industry in the GCC’ report.

The report concludes that Dubai serves as a major trading hub for the entire region comprising GGC, Iran and East Africa.

Exhibition Director of the Dubai WoodShow, Josine Heijmans, says the UAE is highly competitive in construction activity as demand outstrips production, offering greater scope for the import trade. According to the Gulf Organization for Industrial Consulting (GOIC), wood imports to UAE crossed US$ 629 million, with a steady annual growth.

According to Heijmans, the UAE is also fragmented with the presence of more than 300 wood furniture and joinery companies.

More than 500 brands, suppliers and manufacturers will be showcased at the Dubai WoodShow from 14 to 16 April 2015, at the Dubai International Convention and Exhibition Centre, over an area of more than 13,500 square meters.The show will be the biggest since its inception with a 25 percent increase in show size. Not only do we see a high percentage of re-bookings from previous exhibitors, the 2015 edition of Dubai WoodShow will also welcome many new participants from all around the world as well as new pavilions and delegations from Spain, Cameroon and Peru, among others.

Abdul Gafar, Manager at Farlin Timbers, a subsidiary of Farlin Group of companies based in Singapore, and one of the fastest growing material trading companies in the Middle East, says: “We will display samples of our products, such as Farlinplex Film Faced Plywood, MDF, Hardwood and other timber products. We have been participating in Dubai WoodShow for four years and we find it a suitable platform to boost the industry, build and maintain contacts with customers, and establish business relationships with local and international buyers.”

“Dubai WoodShow also helps explore new market trends and new products, and develop new marketing techniques. This will enable us to give a further boost to our business,” he added.

Abdul Gafar further said Farlin Timbers will also put on display building materials.

“On display at Dubai WoodShow this year will be a wide variety of products, including major timber types like softwood, hardwood, wood panels and joinery. Moreover, furniture factories and carpentries will showcase wooden products, including pallets, crating materials, and wooden furniture,” added Heijmans.

Elaborating on GCC construction sector’s huge consumption of wood, Heijmans said 70 percent share could be attributed to high usage of softwood products for scaffolding and concrete forming applications.

Amongst other leading exhibitors at Dubai WoodShow are PVS International, Saleh International, Homag Group, Chabros International Group, SIMCO Industrial Machinery Trd. Co, Cefla Middle East FZE and Biesse Middle East.

Strategic Marketing & Exhibitions, organizer of the show, said that the 10th Dubai WoodShow gives access to diverse markets spanning the Middle East, North and South Africa, the Asia Pacific and the CIS, through Dubai.

Thursday, March 19, 2015

‘Indigo Ville’- Blending Comfort with Tranquility






‘Indigo Ville’- Blending Comfort with Tranquility

United Arab Emirates - Dubai, 18 March 2015: Offering modern amenities of a cosmopolitan city in serene and countryside settings right in the heart of Dubai, much-awaited ‘Indigo Ville 2’ is finally ready for buyers. Dubai-based leading property developer Indigo Properties has announced the completion of the final phase of Indigo Ville 2, one of its flagship projects.

Indigo Ville is a modern housing community, comprising of townhouse clusters namely Indigo Ville 1 to Indigo Ville 8, and these are located at eight prime sites of Jumeirah Village Circle in new Dubai, guarantees a wholesome lifestyle as its townhouses offer all the facilities needed to enjoy a lively family life in the most tranquil environs.

“Our new housing project Indigo Ville 2 comes with a progressive approach and it promises to raise the bar of modernistic housing in Dubai. Located in master development Jumeirah Village, this project consists of four bedroom townhouses being offered on a freehold basis,” said Mr. Dev Maitra, CEO of the Indigo Properties, while announcing the completion of Indigo Ville 2 project.

“It is synonym to self-sustained homes for modern families with floor plans thoughtfully created to add value to housing. This project is sophisticatedly designed with Mediterranean styled G+2 townhouses complimented by open spaces at prime locations in Jumeirah Village. It would be no exaggeration in saying that Indigo Ville is more precisely a haven of serenity laced with all up-to-date facilities that any family needs to live a king-size life,” Maitra pointed out.

Designed to deliver convenience and comfort alike, Indigo Properties is now handing over Indigo Ville 2 which comprises of 14 townhouses measuring 56,700 square feet. Whereas the first five clusters with 68 townhouses over 292,829 sq ft build-up-area were finished in 2012-2013,  Indigo Ville’s much-awaited final three clusters, consisting of 49 townhouse units spread over a build-up-area of 182,034 sq ft, shall be completed in the coming six months. 
                                                                                                                                               
Apart from its unmatched designs and conveniences, Indigo Properties is also banking upon strategic location of this project and is expecting whopping response.

“Besides offering inspired living spaces to families, strategic location of Indigo Ville is another unique selling preposition that is attracting potential clients. It is situated inside one-off Jumeirah Village Community and is located between Sheikh Mohammed Bin Zayed, Al Khail and Al Barsha roads; offering easy accessibility to everyone,” stated Maitra.

Townhouses in Indigo Ville are available for outright sale to owners of all nationalities with a starting price of AED 2.5 million. To maintain proper upkeep of the community common areas, Indigo Properties is hiring a professional facilities management company.





Salient features of Indigo Ville’s townhouses:

·         Consists of eight clusters comprising of 117 townhouses spread over 474,863 sq ft build-up area.
·         Premier location in master development Jumeirah Village from Nakheel. 
·         Each townhouse comes with a garden and a garage.
·         Provision of gym and swimming pool in each cluster.
·         Each townhouse will be having two parking spaces and an attached maid’s room.

For more information and sales enquiries on Indigo Ville, please contact Indigo Properties on +9714 4380888 or you can email at info@indigoproperties.ae


About Indigo Properties
Established in 2004, Indigo Properties is driven by four directors who are passionate about offering the best in design, innovation, excellence and trust. Indigo Properties takes an independent and individual approach to developments, because they understand that each client they are building for is an individual with their own unique needs. This approach is backed by a solid understanding of the creation of beautiful and functional forms, married with years of experience. The company strives for the timely delivery of each project – from personal spaces through to large scale residential and commercial projects by harnessing the energy and intelligence of everyone who works with them.
For further information, please visit: www.indigoproperties.ae
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