Monday, December 21, 2009

Balli Real Estate Pursues Ambitious Expansion in the Middle East

Balli Real Estate is the acreage investment and development analysis of Balli Holdings and has a portfolio of over $3bn beneath management. This is comprised of over 900,000 sq ft of acreage beneath development with a gross development amount (GDV) of some $800 million, and an added 2 actor sq ft and a GDV of about $2.5 billion in the pipeline.

In accession to its absolute acreage operations, Balli's operations extend to steel trading, bolt trading, logistics, activity and barter finance solutions.

Balli Real Estate has already invested in four above residential and alloyed use projects in the UAE, beneath the Peacock Ventures brand, with a absolute of over 1,000 affluence residences. These cover backdrop in the approved afterwards Culture Village commune and the celebrated Waterfront precinct.

As allotment of the drive to aggrandize its portfolio of projects, Balli is now gluttonous added absolute acreage investment opportunities in the arena provided by developers, agents and landowners. As allotment of this, Balli Real Estate is sending a chief aggregation to Cityscape Dubai 2008 (6th-9th October) to analyze and analysis investment and development opportunities in the region. Balli's assembly are analytic advanced to discussing its accepted and advancing affairs with its absolute ally and to developing new relationships with added arch players in the absolute acreage industry.

Vahid Alaghband, Group Chairman of Balli Group commented: "Balli Real Estate is a business that is growing rapidly and absolute acreage represents a axial colonnade of Balli Group's amplification and about-face strategy. We accept begin Dubai to be awful assisting and, as allotment of the Group's charge to anecdotic and capitalising on advantageous opportunities above a array of industries and markets, we will abide to aggrandize Balli Real Estate's and Peacock Ventures' operations in the Middle East and above in 2009."

Hassan Alaghband, Director at Balli commented: "CityScape affords us the befalling to acquaint and amend the industry on Balli Real Estate's advancing and advanced analytic activities. In ablaze of the cogent allotment the Group has enjoyed from our absolute portfolio of investments in the Middle East and the approaching enactment of our Dubai-based acreage fund, we are analytic advanced to application CityScape as a area to accommodated with absolute and new collective adventure partners, developers, agents and contacts as able-bodied as abeyant investors adulatory to crop advantage of the bazaar opportunities that the arena assuredly presents."

About Balli Real Estate
Balli Real Estate is the UK-based, internationally-focused absolute acreage investment and development accessory of Balli Holdings - and leverages Balli's all-around attendance and bounded ability to affirm its growing Global absolute acreage activities.

About Balli Holdings
Balli Holdings, accustomed in 1982 and headquartered in London, is one of the UK's better abreast captivated multi-national corporations. Its accessory companies bear bazaar arch solutions in industries that cover activity and barter finance, commodities trading, logistics, accident management, aviation, accomplishment and absolute estate. Balli operates through a all-around arrangement of offices in key bread-and-butter and business hubs in over 20 countries.

For added advice contact
Alex Lawrie
PR Contact
Balli c/o
7 Hertford Street
Mayfair
London
W1J 7RH
020 7886 0304
www.balli.co.uk

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