Tamouh Initiatives Set to Boost End-User Confidence
ABU DHABI, Apr. 24 /PRNewswire-AsiaNet/ --
Tamouh Investments, a leading Abu Dhabi based master developer, announced the creation of a new
subsidiary, as it moves to reach end-users. ThreeSixty Estates Management has been launched to provide
sales, marketing, property and facilities management. Furthermore, to instill confidence in the Abu Dhabi real
estate market, Tamouh is embarking on a new end-user focused sales strategy, which is tailored to address
the needs of prospective home owners.
Tamouh's main project in Abu Dhabi is the development of 1,250 acres of land on Reem Island, located
within the new Central Business District of the UAE Capital. The first phase of this 12 million square meters
built-up area project is Marina Square. The 15 towers of Marina Square are scheduled for completion in
December 2009. Commenting on the progress of its projects on the Reem Island, Mr Joe Ong, CEO of
Tamouh said: "We are committed to deliver our projects on time and our workforce has been mobilized to
achieve this objective."
The Reem Island development incorporates features like enabled 'Smart Home Technology', roof-top
gardens, central district cooling, centralized laundry and a host of other environment friendly facilities. It
will also provide community facilities that will cater to the residential, commercial, medical, and leisure needs
with fully equipped clinics, mosques, parks, day-care centres and convenient outlet supermarkets.
Commenting on the Abu Dhabi Real Estate market, Dr Daniele Seraphim, General Manager of ThreeSixty
said: "The Abu Dhabi real estate market is fundamentally different from almost any other place in the world.
We still have a growing economy, jobs continue to be created and people are moving here each day. This is
coupled with an existing shortage of housing in the Capital."
In response to the changing market dynamics, Tamouh, through its subsidiary ThreeSixty, will offer
attractive buying options to help regain the confidence of the Abu Dhabi real estate market. Dr Seraphim
stated: "ThreeSixty will be offering packages that best suit the needs and affordability of end-users. This
approach combines quality with multiple advantages including direct purchase from a renowned master
developer, a payment plan linked to construction milestones achievement and convenient monthly installments
after handing over."
ThreeSixty will represent Tamouh's diverse project portfolio that includes prestigious projects like Marina
Square, City of Lights and Central Business District on Reem Island, as well as other projects such as
Meena Plaza in the Meena Zayed Port area.
Dr Daniele Seraphim
Chief Operating Officer - Corporate
Abu Dhabi Trade Centre (Abu Dhabi Mall)
6th Floor EastWing Tower
POBox 105507 Abu Dhabi UAE
Tel +971-2-644-218 Ext213
daniele@tamouh.com
SOURCE: Tamouh
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