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Al Futtaim Real Estate Plans Expansion - Zameen News

Al Futtaim Real Estate Plans Expansion

October 7, 2008 • news

Dubai- Showcasing its flagship project, the Dubai Festival city at the Cityscape 2008, the Al-Futtaim Group Real Estate (AFGRE) the emerging real estate giant of the UAE, is more confident than ever as the group the expanding its horizon towards the other Middle Eastern countries starting with Cairo Festival City after the smash hit of Dubai festival city. Al-Futtaim Group Real Estate (AFGRE) is the real estate development and operations arm of Al-Futtaim group. AFGRE is responsible for the origination, conception, development, procurement and construction of mega projects and the leasing and operation of these projects after completion.

Brett Schafer, Senior managing director of AFGRE, said: “At the moment we are not launching any new projects, we here to promote Dubai Festival city our flagship project. AFGRE develops and operates an extensive multimillion dollar portfolio of individual corporate real estate and investment assets across the MENA region. The two current flagship mixed use urban communities under the Festival City brand are Dubai Festival City (5.2 million square metres) and Cairo Festival City (3 million square metres). Brett added: “In addition, AFGRE develops and operates an extensive multimillion dollar portfolio of individual corporate real estate and investment assets across the MENA region.

[Khaleej Times News]