Tilal Properties: Real-Estate Investments in Sharjah Proving a Key Player for FDI Growth

Wednesday 20 September 2017
Sharjah - MENA Herald:

Tilal Properties, a leading Sharjah-based real estate developer and the first to develop freehold and leasehold properties in the emirate, was one of the most significant presences at the Sharjah FDI 2017 Forum which concluded yesterday (Wednesday), once again illustrating its role as a primary source of foreign and domestic investment through its ever-increasing portfolio of multi-million dollar projects.

Tilal City, Tilal Properties’ flagship mixed-use property project, is projected to be one of the major driving forces behind Sharjah’s large-scale commercial and residential sector, and a major contributor to Sharjah’s burgeoning real estate, a pillar of the emirate’s expanding economy.

Tilal, a Gold Sponsor of the emirate’s most influential investment event is widely acknowledged as one of the most ambitious and resourceful developers in the region, and last week at Cityscape Global – Dubai, added to its credentials with the official unveiling of the DoubleTree by Hilton, Sharjah Tilal Mall, news of Tilal Mall's massive expansion plans and the signing of an official agreement with global real estate giant Colliers International.

With such a substantial presence at the third edition of the Sharjah FDI Forum, Tilal has maintained its high profile, aggressive, front-of-mind strategy.

Khalifa Al Shaibani, Director of Tilal Properties, said: “To be the most attractive proposition to any investor in a competitive market, you not only need to have the best product, or the best potential for long-term returns, you must ensure that your potential clients are aware of those qualities.”

Al Shaibani added: “Sharjah FDI Forum 2017 has been an excellent platform for Tilal to attract our perfect target market and the responses and interest we encountered are a testament to both the event’s success and our own capabilities.”

He continued: “Without doubt, Tilal has some of the most lucrative investments in the region and we have seen the support and confidence from investors who have committed fully to the projects we are completing and to those which lay ahead. The real estate sector in Sharjah is consistently proving to be one of the strongest sources of investment and as one of the key players in the industry we are ensuring that growth continues in terms of our contribution to GDP, the expansion of our projects and the quality of life for the residents of our developments.”

The Director of Tilal Properties noted: “Tilal City and Tilal Mall not only provide the opportunity for direct property investment, there are untold possibilities for entrepreneurs, small to medium sized businesses, start-ups, employers and employees who have the perfect environment to supply the residential demands of the projects’ outstanding facilities.

Strategically located on Emirates Road (E611), Tilal Mall will comprise 220 stores, 61 restaurants and cafés serving a variety of food and beverages, a hypermarket extending across 8,200 square metres, a cinema complex, a 3,200-square metre multi-section store, six small stores and three family leisure centres.

Once completed, Tilal Mall will become the most important and largest shopping destination in Sharjah where it will offer the necessary services to keep up with the exponential growth of Sharjah city and its nearby areas.

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