HMG Group eyes ‘safer property markets’

Wednesday 06 April 2016

Dubai - MENA Herald: HMG Properties Group, a leading developer of international premium residential and investment luxury properties, has further consolidated its leadership position in the global real estate sector by introducing investment opportunities in markets that enjoy greater political and economic stability.
As real estate investors play safe with their money, HMG is eyeing new markets that will allow its clients to invest their funds in properties that guarantee strong returns on their investment. The move comes as part of the company’s ambitious expansion strategy to expand its network both regionally and globally.
Mohammed Al-Aradi, HMG’s Deputy Chairman and Board Member, said that the company had witnessed rapid growth in just a few years and had expanded its presence in more than 10 countries. However, major global developments had impacted the real estate sector around the world and investors were becoming more cautious on where to put their money, he added.
“The real estate market is showing good signs of steadying in 2016,” Al-Aradi pointed out. “Perhaps more than ever before, we are witnessing investors’ preference for destinations that enjoy maximum political and economic stability. As a result, home-buyers are continuously seeking safer investment destinations in countries such as the United Kingdom, Spain, GCC, Egypt and the United States.”
Last year, HMG delivered 1,743 title deeds to properties for its projects in the USA, UAE, UK and Spain, capping a successful period of growth in the region. Al-Aradi added that the year 2015 HMG achieving a series of milestones that "enhanced the group’s leadership in property brokerage in major markets.”
The group achieved 60% growth at local operations, while being ranked as one of the top five real estate companies for number of brokerage sales at the RERA Index Dubai, UAE.
Al-Aradi said that the company will continue to maintain that growth momentum this year. "In the coming months, we will concentrate on building our presence in high-growth markets and focus on enhancing customer service. The real estate segment has grown exponentially and we believe in offering the optimum services to our valuable customers.
Raed Bourjass, CEO for HMG Developments, added: "During the past year, HMG set an ambitious strategic plan for extending its operations through launching a variety of projects in different international markets and offering its clients a diversified portfolio of residential, buy-to-let, commercial and turnkey ready homes. HMG Developments has launch 43 projects in 2015 distributed with USA, UK, Spain, Dubai, Lebanon and Egypt markets offering buyers a wide range of Investment and Residential properties taking into consideration the location, quality and delivery.
HMG Properties is a leading real estate group locally, regionally and internationally. It offers residential, investment and development Properties in the United States, United Kingdom, Spain, UAE, Lebanon and Egypt. The group provides a full range of services for property registration, delivery of the ownership documents and legal papers professionally and safely at the office of the country where the purchase and sale process is accomplished.

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