Jumeirah Central Makes International Debut at MIPIM 2017, Worlds Leading Property Show

Real Estate Press Releases Monday March 13, 2017 16:49
DUBAI, UAE--13 Mar--PRNewswire/InfoQuest
  • Showcases array of investment opportunities across asset classes
  • COO Morgan Parker highlights Dubai's role as a leader in shaping modern cityscapes and enhancing urban experiences

Jumeirah Central, Dubai's new urban mixed-use district, will make its international debut at MIPIM 2017, the annual gathering of the world's most influential international property players. Master planned by Dubai Holding, the global investment holding company, Jumeirah Central is already attracting significant interest from international institutional investors looking to access Dubai's fast growing market.

(Photo: http://mma.prnewswire.com/media/477660/Dubai_Holding_Jumeirah_Central.jpg )

At MIPIM, Jumeirah Central will be showcasing its complete masterplan at Stand C16.A and presenting investment opportunities in a bouquet of products including premium, Grade A international-style office buildings.

Comprising 4.4 million sq. m of gross floor area (GFA), Jumeirah Central will become the most accessible, functional and valuable real estate in Dubai, and introduce innovative urban planning and quality of life concepts to the region. The landmark development includes 278 individual buildings, and is planned as a vibrant network of 75 walkable city blocks that have been designed to a human scale to create a permeable and intuitive urban fabric.

Morgan Parker, Chief Operating Officer, Jumeirah Central, said: "By benchmarking against the most successful cities globally, we combine proven fundamentals with the latest innovations to create high-value real estate that will stimulate inbound, international institutional investment into the region. Dubai Holding has worked closely with government entities so that Jumeirah Central can serve as a blueprint for how cities can improve the quality of life for residents.   As the industry's most influential platform to access these players, MIPIM is an ideal location to connect with forward-looking investors who share this priority."

Jumeirah Central's primary consideration is the strategic, operational, financial and legal requirements of global institutional investors. Its key value proposition is the site's strategic location in the heart of Dubai, its multi-modal connectivity and the economic resiliency it will enjoy being a vibrant blend of mixed uses coupled with an extensive network of parks and public spaces. Jumeirah Central offers institutional investors an opportunity to create geographic diversification, especially in growing regions like the Middle East and is creating assets at an ideal deal size to suits their requirements.

Jumeirah Central is promoting a greater understanding of the requirements of institutional capital among local banking and finance sector and collaborating with available legal infrastructure in Dubai to create an environment that is most conducive to attracting inbound institutional investment.

Morgan Parker will speak at a panel discussion, "How can Real Estate investment strategies foster a better life for people?" In this discussion, Mr Parker will highlight Dubai's role as a leader in shaping modern cityscapes and enhancing urban experiences:

Commenting on this important theme, Mr Parker said: "Today, cities in the Gulf region are relatively small and young, and are thus ideally positioned to meet the changing social needs of rising urbanisation. The opportunity exists for cities like Dubai, to take a leadership role in responding to increasing urbanisation and to promote urban cohesion. Real estate developers in these cities are shaping the way communities evolve by introducing more mixed-use development, greater access to multi-modal transportation networks, encouraging more walking and increasing social interaction. In order to maximise the opportunities of urbanisation, Gulf cities will focus on the public over the private, and the shared over the individually owned."

The first phase of Jumeirah Central, located opposite Mall of the Emirates on Sheikh Zayed Road, the main artery of the UAE, will comprise 67 mixed-use projects and 1,488,800 sq. m, including 2,500 residential units, 16 hotels, 13 office buildings and a mall development, along with community facilities such as parks, hospital and school.

Source: Dubai Holding

Latest Press Release

Bangkok to count down to 2018 at its first high-rise 3D projection mapping show, screening on new landmark Magnolias Ratchadamri Boulevard

Magnolias Ratchadamri Boulevard is announcing its arrival as a city landmark and a leader in the super-luxury mixed-use market by enriching Bangkok's festive season with 'Beautiful Bangkok by Magnolias @Ratchaprasong', Thailand's first world-class...

DDproperty Forecasts Thai Real Estate Market Rebound in 2018, With Condominium Demand to Drive Growth

Thailand's real estate market is forecast to rebound in 2018 as the local economy continues to recover, with condominiums to remain the top pick for consumers attracted to an urbanized lifestyle, the inaugural DDproperty Property Market Outlook report...

BANGKOK MEGA-PROJECTS TAKE CENTRE STAGE AT THAILAND TOURISM FORUM 2018, AS TOP DEVELOPERS REVEAL PLANS TO CHANGE CITYSCAPE

Running under the theme 'MEGACITY BANGKOK– A Tourism and Hotel Futurescape', the seventh annual TTF will focus on the redevelopment of the thriving Thai capital The Thailand Tourism Forum (TTF) will return for its seventh annual edition on January...

PropertyGuru Group deepens technology leadership with hire of eCommerce veteran as Chief Technology Officer

PropertyGuru Group, ("PropertyGuru" or the "Group"),Asia's leading online property company, is pleased to announce the appointment of Manav Kamboj as Chief Technology Officer (CTO). Manav brings to PropertyGuru extensive experience in the eCommerce,...

Gyproc awarded Best Model Operation Corporation 2017 Award in the category of National Class Occupational Safety, Health and Environment for 3 consecutive years

Thai Gypsum Products Public Company Limited, the first gypsum manufacturer in Thailand and innovator of the leading brand "Gyproc", has been awarded "The Best Model Operation Corporation 2017 Award" for 3 consecutive years. In the category of National...

Related Topics