IFA Hotels & Resorts opens London office

Published March 19th, 2007 - 01:04 GMT

IFA Hotels & Resorts (IFA HR), as part of its ongoing global expansion, will launch its London office. Already a leader in the development of premier integrated and mixed-use hotel and tourism resort projects around the world, IFA HR is now bringing its global portfolio to the doorstep of the UK investor, with a dedicated office in the heart of London.

 

Talal Jassim Al-Bahar, Chairman and Managing Director of IFA HR, stated: “We are pleased to be bringing this exciting and dynamic investment opportunity to the UK market. Many of our current customers reside in the UK and a number of our future projects will be designed to match the international UK investor’s needs.  The office will also lead and manage our existing European projects and investments and will explore future investment opportunities.”

 

Al-Bahar added: “Our first step into Europe was in the mid 80s when we started investing in Portugal through United Investments Portugal, part of the IFA Consortium.  Since then, we have expanded across the Middle East and into South Africa, Africa, the Indian Ocean region and most recently the Far East.”

 

Werner Burger, President and COO of IFA HR, stated: “With the European launch of IFA Hotels & Resorts, the UK investor will now have access to investment opportunities in luxury mixed-use resorts in prestigious locations around the globe. We offer investors and tourists world-class facilities through a network of hotels, residential resorts, vacation and fractional ownership products.”

 

Globally, IFA HR has entered into strategic alliances and joint venture partnerships with leading companies such as Kingdom Hotel Investments (Saudi Arabia), Nakheel (UAE), Istithmar (UAE), United Investments Portugal(Portugal), a strategic alliance with RCI (part of the Cendant’s Group), Moreland Developments (Pty) Ltd (South Africa), Boschendal Ltd. (South Africa) and most recently Raimon Land (Thailand).

 

Al-Bahar concluded: “Our unique product range enables us to cater to our clients and meet their varying property investment and leisure requirements across the globe. The opening of our European office is another step towards providing superior service to the global market place.  Being at the centre of this market ensures superior investment opportunities for our clients worldwide.”


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