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FINANCIAL NEWS
Reem Investments to build 42 villas in Abu Dhabi
11 Apr 2011
(MENAFN) Abu Dhabi-based Reem Investments’ Chief Executive Officer, Bambang Sugeng Bin Kajairi, said that the company intends to invest in developing 42 luxury-villa project under the Najmat real estate project, reported Arabian Business.
Kajairi said that the villas would be called Nalaya Villas, and would be towards the south of the USD8 billion Najmat project.
Kajairi said that the company is interested in residential developments that could be marketed in Abu Dhabi as sanctuaries from fast-paced city life.
It is worth noting that the villas in subject would offer a variety of 3, 4 and 5 bedroom spaces with several pricing models.
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