Sunset Hospitality Group, the diversified hospitality group, renowned for developing and operating highly popular lifestyle brands, has secured USD $35 million funding from Goldman Sachs Asset Management. SHG was founded in Dubai ten years ago and is currently present across nine countries worldwide. The group owns and operates a large portfolio of hospitality lifestyle brands, including METT Hotels & Resorts, AURA, Azure Beach, SUSHISAMBA, Isola, Black Tap, L’amo, Ammos and Drift Beach, among others. The funding will support ambitious international expansion plans, including the opening in summer 2023 of flagship property METT Hotel & Beach Resort, in Marbella. SHG is…
Author: Kasun Illankoon
Dar Al Arkan, the leading real estate company in Saudi Arabia, has launched the first 3D Construction Printed (3DCP) two-story, 9.9 meter high villa in the Kingdom in Shams Al Riyadh residential development. Using 3CDP technology is the first of its kind achievement in the region since it accelerates the speed of construction while enhancing safety and reducing wastage and errors. Dar Al Arkan followed strict protocols and an evidence-based approach to ensure the project, including the first villa, is being constructed safely in accordance with Saudi Arabia’s building codes in every aspect. The villa was printed directly on site,…
Leading UAE-based facilities management services provider, Emrill, has reached another major milestone in its ongoing strategy and efforts to prioritise the health and safety of its employees, achieving over 30 million safe man-hours without lost-time injury (LTI) in 2022. Reaching 30 million safe man-hours in October 2022 across the organisation’s 190 plus contracts demonstrates the organisation’s commitment to ensuring the health and safety of its workforce, clients and the residents and visitors of the communities and buildings Emrill manages across the emirates. “Emrill’s strong health and safety performance does not happen by accident,” said Stuart Harrison, Emrill’s CEO. “Safety is one of…
Within the heart of Dubai International Financial Centre (DIFC), Central Park Towers, the largest single-owned office development in the area, has announced their brand-new CAT A-fitted floor spanning thirteen offices over 16,000 square feet available for lease with a six-month free rent welcome offer. Being one of the most sought-after office destinations in DIFC, Central Park Towers continues to attract tenants through their offering of premium office spaces, attractive and flexible lease terms, and the convenience of being in the heart of downtown. CAT A at the 26th level has thirteen office spaces available for lease, each ranging between 1,000…
wasl Asset Management Group, one of the largest real estate development and management companies in Dubai, has announced the latest construction update on its iconic ‘wasl tower’ on Sheikh Zayed Road. The skyscraper is taking shape, and once completed, the 302-metre twisting, asymmetrically designed tower will feature the region’s tallest ceramic façade and present an illusion of dynamic motion. wasl tower will consist of 64 floors constituting 229 residential units, 258 hotel rooms as part of Dubai’s second Mandarin Oriental Hotel, 185,345 square feet of office space, and 11 parking floors. The project, with a total built-up area of 1.8…
Sobha Realty, one of the UAE’s leading premium real estate developers, is launching the company’s first signature residential project, “The S”, located on the most powerful corridor in the Middle East, Sheikh Zayed Road. The tower, with its ideal location between Palm Jumeirah, Sheikh Zayed Road, and Dubai Internet City, offers easy access to the prime locations of Dubai such as Dubai Marina, Emirates Golf Club, and Burj Al Arab among others. “The S” fully reflects Sobha Realty’s signature style and sophistication, a result of the company’s vast experience and design capabilities, following Sobha’s unique “Backward integration” model. The…
Espace Real Estate, one of the leading real estate brokerages in Dubai, announced a 38% increase in transaction sales volume in the apartment market and a 12.5% increase in the freehold villa market when comparing Q3 2022 to Q3 2021. Leveraging Dubai’s thriving real estate market, Espace Real Estate has been facilitating the sale and rent of thousands of properties across Dubai’s top communities for over 14 years including thriving communities such as The Lakes, The Springs, The Meadows, Arabian Ranches, Dubai Marina, Downtown Dubai, Palm Jumeirah, Jumeirah Lake Towers (JLT) and many more. Reflecting Dubai as a prominent and buoyant property…
‘Masaood Village Facilities Management’, a division of Al Masaood Group that provides cost effective accommodation and catering solutions, has been recertified for ISO 22000:2018 and rewarded ISO 9001:2015 certification, highlighting its commitment to maintaining the highest performance standards in its operations, including food safety and service excellence. These certificates were rewarded by TUV apex, a globally recognised company which facilitates testing, inspection, and certification in various sectors. ‘Masood Village Facilities Management’ was recertified for ISO 22000:2018 after fulfilling all stipulated criteria of Food Safety Management System while it received ISO 9001:2015 certification for efficient camps and labour accommodation management. Richard…
Al Hamra, the leading lifestyle developer and investment company in Ras Al Khaimah, recently unveiled Falcon Island – South at a gala dinner organised for its top channel partners in Dubai. During the event, the company released phase 1 of the South Island consisting of two-and-three-bedroom canal, sea and garden view townhouses, and the remaining inventory for the North Island. Falcon Island has sparked tremendous investor response since its launch in March 2022, which attributes to the project’s unique offering of exclusive living in an all-inclusive destination in Ras Al Khaimah. Covid-19 has changed investor outlook in a very short…
THE FITOUT, one of the leading providers of complete interior solutions in the UAE, has revealed its ongoing work for Residence Inn by Marriott with distinctive and sustainable interior fit-out solutions. The company also announced the completion of the Panorama Restaurant inside the Residence Inn, with an exemplary and well-crafted, sustainable decor. THE FITOUT is presently on constant efforts towards refurbishing the 489 rooms at the Residence Inn by Marriott, from floor to ceiling. The firm has successfully delivered approximately half of the project to the client while the hotel is fully operational with customers enjoying all the amenities, despite…