Ayana Holding announces strategic partnership with Admares
Ayana Holding announced an important agreement this month between themselves and Admares ensuring that the offering to their clients and the premium quality service they provide is further reinforced. As per their strategic plan, Ayana Holding companies join forces with cutting edge-proven partners to offer an extensive scope of quality services and expertise across various sectors focusing mainly on the real estate industry.
Admares is the latest partner and world leader in alternative real estate with pioneering construction methods that combine cutting-edge marine, offshore, land, and modular construction techniques. Admares’ turnkey solutions guarantee greater returns for developers, shorter project timelines and minimal environmental impact.
At the signing ceremony the meeting was attended by the Chairman of Ayana Holding Mr. Abdulla Lahej, CEO Hamid Kerayechian and the COO of Admares Mr. Mikko Lahtonen and Vice President Middle East Mr. Christian Wilhelmsson.
An example of what the industry can expect from this partnership is the first project that Admares have executed in the region, the prestigious Burj Al Arab Terrace which sets a new standard for recreational luxury. Dubai can now boast another global first with the construction of a remarkable, one-of-a-kind restaurant, pool, beach and cabana space uniquely stretching out to the sea.
Palma Holding launches high-quality and affordable Olivara Residences & Park
Palma Holding has announced the release of its AED365mn Olivara Residences & Park — the first integrated community in Dubai Studio City. This new project marks the third collaboration between Palma and Hazel Wong, the renowned architect of Emirates Towers, Silverene Towers, and Serenia Residences among others. Leasing for the ready-to-move-in project has commenced offering residents a contemporary and distinct lifestyle.
In his comments on the new project, Kareem Derbas, founder and CEO of Palma Holding, said: “Following our successful beachfront projects, Olivara Residences represents our first urban community. We saw a gap in the market for contemporary and trendy residences that cater to the young, working population who are looking for quality, urban living, with great facilities and competitive leasing options.”
Phase 1 of Olivara Residences is ready for move-in and open for viewings, with a number of unit types available for showcase. The second phase of the project is under construction and will be ready by summer 2020.