SABBAN PROPERTY INVESTMENTS ACTIVELY INCREASES THEIR INTERNATIONAL EXPOSURE

Published January 2nd, 2006 - 07:15 GMT
Al Bawaba
Al Bawaba

After the successful participation at the Qatar International Real Estate and Investment Exhibition and Dubai Cityscape show this year, Sabban Property Investments (SPI), a Gulf-based family-owned real estate property development company, announced its recent participation in three different international exhibitions from Russia to the Middle East.

The first event participation for Sabban Property Investments was “The Worldwide Property Show”, held in the Grand Hyatt Dubai. It had already been brought successfully showcased to all major Middle Eastern Cities and Gulf States, Hong Kong, Shanghai, Singapore, USA, Switzerland, Russia and South Africa. The exhibition encompassed every aspect of modern real estate, from construction to home ownership. Speakers and exhibitors were invited from around the world, bringing professional and inspirational advice to all those seeking to increase their knowledge in this unique market place.

The second exhibition to present Sabban Property Investments’ three luxury Sabban Towers was “The 5th Moscow International Property Show”, the leading market event for the expanding industry of international retail real estate in Russia. It took place in central Moscow in T-Modul exhibition hall. The Show attracted a select number of speciality principals, government and industrial leaders, researched portfolio managers, senior management from the region and specially targeted market segments.


The third exhibition on SPI’s agenda during these six days took place in Saudi Arabia. The ESTATEX, which attracted over 40,000 visitors, was a unique event that brought in real estate companies and related firms. It also aims to introduce real estate projects of all types to serve interested attendants of the exhibition, and to reveal investment capabilities in the KSA and GCC countries. ESTATEX is an event that combines the phenomenal vision of the big investment firms and their projects. The exhibition was accompanied by seminars with carefully chosen themes and workshops attended by enthusiasts from all over the Gulf Region.

John A. Browne MBE, Managing Director of SPI, commented, “These three international exhibitions are an established platform from which we shared the vision of ‘Sabban Towers’ as a community within a community among potential investors from the Middle East and from further a field. We're confident that the valuable relationships we built with major global investors throughout the show will bring lasting benefits”.

About Sabban Property Investments (SPI)
Built on solid values that exemplify stability, social orientation, dynamism, personnel relations and commitment to ideals, Sabban Property Investments (SPI) is a Gulf-based family-owned real estate property development company. It is an integral part of one of Saudi Arabia’s leading family businesses – Sabban Group of Companies. SPI was

established with a vision to lead the field by creating opportunities for people to own their part of the region’s prosperity. By building strong bonds with people, SPI aims to claim its share of the promising future of the Gulf region and to contribute to it in a significant and meaningful manner.
SPI is rapidly progressing to become a leading player in the real estate development industry. SPI enriches people’s lives by creatively converting land into thoughtfully designed communities. This is achieved through a sincere commitment to its people, choosing only quality partners to work with, and with a basic belief that honest hard work and creative intelligence is the best way forward in the endeavour to craft a better life.
More than 50 years ago, Sheikh Abdulrahman Alsabban founded the Sabban Group of Companies comprising of diverse industries – property investment, hotels, hospitality, construction, furniture, tourism and car parking management. His foresight helped lay the solid foundation on which the Group prospers today. The sky is the limit for the Sabban Group of Companies which continues to invest in new business opportunities.
In May 2005, Sabban Property Investments (SPI), announced its plan to build three residential towers (the Sabban Towers) on Porto Arabia, the main marina of The Pearl-Qatar, a US $2.5 billion island being reclaimed offshore from the Qatari capital of Doha. This makes SPI one of the first companies to build on the unique development, Qatar’s first international freehold real estate venture.
About alshamel Properties Investment & Development (PID)
The marketing of the Sabban Towers is carried out by the UAE based alshamel Properties Investment & Development (PID) and their Doha branch; LifeStyle Homes & Properties, established in 2004 to serve properties developers in the region.  As a fully integrated property development company they offer the ability to develop a project from start to finish.
alshamel PID consists of an enthusiastic team of dedicated professionals with experience in all the various disciplines involved in real estate development and project management. They are supported by a network of independent specialists such as architects, engineers, and property managers, who can be called upon for project specific tasks, as well as subcontractors in the construction trade. The company takes pride in its superior ability to bring a project from concept to reality.
alshamel PID is unique in targeting projects that focus on ‘quality lifestyle’ and ‘community living’. The company has a reputation for unique customer service and consistently works towards sustainable development, as a key principle.


In 2005 alshamel established Lifestyle Homes & Properties for the management of property sales in Doha, Qatar. Their inaugural project is the complete sales management of the residences within the Sabban Towers on The Pearl-Qatar. Sales of the one, two, three and four bedroom apartments and the penthouses, officially launch on 6th September 2005 prior to the Qatar Real Estate Exhibition.

 

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