Friday 14 December 2018

Green Valley's Mideast property investments top $871m

DUBAI, December 24, 2017

The Green Valley Group, a leading real estate development and investment group, said this year has been a successful one for the group as its total investment skyrocketed and far exceeded Dh3.2 billion ($871.33 million).

As of 2017, the group owns a total of 42 real estate development projects spread across a number of countries.

The Green Valley Group is considered as one of the biggest UAE investors in Morocco and Turkey with a combined investment of Dh2.1 billion for both the countries.

Having already delivered two projects in Morocco, the investment value in that country reached $356 million. However, Turkey saw the bigger proportion of the investment, valued at Dh1.1 billion.

In addition to that, there are ongoing projects in Georgia, Bosnia, Lebanon, and Egypt.

Green Valley, an established name in social and international markets, strives to maintain a global presence through established worldwide communities in different countries, said a top official.

"Expansion plans are already under the pipeline for the UAE. The company has three big projects currently under construction in the country worth Dh178 million," remarked Wiaam Rabah, the chairman of Green Valley Real Estate Group.

"Our company has been steadily building a solid track record of delivery since its inception in 2004. The total investment in year 2017 exceeded our expectations and we look forward to having another successful year in 2018," he added.

In the quest to further strengthen Green Valley’s position in UAE, Turkey and Morocco amongst other countries, Emirati actor Dr Habib Ghuloom Al Atta and his wife, Bahraini actress Haifa Hussein have been roped in as the Ambassadors of Green Valley Real Estate Group.

The stars will represent key projects to be launched by the company.-TradeArabia News Service

Tags: UAE | Morocco | property | Turkey | investments | Green Valley |

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