Page 54 - #181 May 2023
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RLI DeveLopeR

                                                      of the YeaR




                                                                                 azaD pRopeRtIes

                                                                    Azad Properties is an asset property management  & commercial
                                                                    development company based in Jeddah, Kingdom of Saudi Arabia.
                                                                    Founded in 2017, Azad specialises in real estate activities and projects
                                                                    including retail, workshops and other commercial properties. Azad
                                                                    unlocks the potential of its real estate portfolio by developing and
                                                                    operating properties around the Kingdom; creating and managing great
                                                                    spaces that cater to investors, retailers and tenants. They aim to form
                                                                    strategic partnerships with businesses to improve the nation’s quality
                                                                    of life. Keeping in mind the Saudi Vision 2030, Azad intends to bring
                                                                    about real development of its properties in Saudi Arabia by introducing
                                                                    innovative solutions in real estate. It plans on accelerating the business
                                                                    and entertainment sectors to improve the facilities made available to
                                                                    the Saudi public.




                                                                               DaMaC pRopeRtIes


                                                                    DAMAC Properties has been at the forefront of the Middle East’s luxury real
                                                                    estate market since 2002, delivering award-winning residential, commercial
                                                                    and leisure properties across the region, including the UAE, Saudi Arabia,
                                                                    Qatar, Jordan, Lebanon, Iraq, Maldives, Canada, the United States, as well as
                                                                    the United Kingdom. Since then, the company has delivered approximately
                                                                    42,000 homes, with a development portfolio of more than 28,000 at
                                                                    various stages of planning and progress. Joining forces with some of the
                                                                    world’s most eminent fashion and lifestyle brands, DAMAC has brought
                                                                    new and exciting living concepts to the market in collaborations that include
                                                                    a golf course managed by The Trump Organization and luxury homes in
                                                                    association with Versace, Cavalli, Just Cavalli, de GRISOGONO, Paramount
                                                                    Hotels & Resorts, Rotana and the Radisson Hotel Group. With a consistent
                                                                    vision and strong momentum, DAMAC Properties is building the next
                                                                    generation of Middle Eastern luxury living.


                                                                                       RoshN


                                                                    Established in 2018 and recognised as a Giga-Project supporting Vision
                                                                    2030, ROSHN is own by the Public Investment Fund and the purpose of
                                                                    its creation is to enhance the citizens of Saudi Arabia’s lifestyle. ROSHN
                                                                    as a Giga-Project is unprecedented in scale and is set to deliver a
                                                                    significant impact with retail offerings. The business wants to be the most
                                                                    disruptive and valuable real estate developer in the region and the most
                                                                    trusted national developer in the Kingdom. ROSHN will become the
                                                                    region’s first factory-based and most efficient developer, the developer
                                                                    of choice for integrated, highly livable mixed-use communities, become
                                                                    the new standard for sustainability in mainstream development  and
                                                                    become the catalyst for private sector enablement, localization and
                                                                    talent development.





                                                                    zhuhaI huafa pRopeRtIes Co., LtD

                                                                    Zhuhai Huafa Properties Co., Ltd. (abbreviated name as Huafa
                                                                    Properties) was established in 1992. It is a platform company that
                                                                    undertakes the real estate and retail development sector of Huafa Group.
                                                                    Huafa Properties obtained national first-class real estate development
                                                                    qualification and became a listed real estate company on the Shanghai
                                                                    Stock Exchange in 2004. Since 2017, it has been included in the list of
                                                                    “Top 500 Enterprises of China” in Fortune magazine for five consecutive
                                                                    years and ranked the 183th in the end of 2022. In 1994, it obtained the
                                                                    national first-class real estate development qualification. Over the last 40
                                                                    years, Huafa Properties has maintained a leading position in the industry
                                                                    of Zhuhai, which has made various important contributions including
                                                                    the improvement of the city’s livable environment, the optimization of
                                                                    urban functions and the enhancement of brand image.

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