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Prominent hotel & resort developer floats real estate subsidiary in Dubai
 

IFA Hotels & Resorts (IFA HR), a pioneer in the development of integrated and mixed-use hotel and tourism resort projects throughout Europe, the Middle East, the Indian Ocean region and Africa, has launched its property subsidiary, IFA Properties that will focus on property sales, property consulting and property investment management to both commercial developers and individual buyers.

At a corporate level, IFA Properties will provide turn-key solutions by offering external sales and marketing services for developers seeking international exposure and strategic positioning. The new affiliate will also offer a one-stop-shop to individuals trying to invest and buy properties around the world, in addition to selling properties on behalf of other developments outside of the existing portfolio.Werner Burger, President & COO of IFA HR, said: “With over AED1 billion of international sales in 2005, it is a natural progression to diversify our company based on client needs and the growing property market. Locally, IFA Properties will primarily focus on individual investors where we have seen demand from our clients to purchase other upmarket homes beyond our existing portfolio.”

Wayne Holder, Sales Director IFA Properties, stated: “We offer a ‘boutique style’ exclusive service to clients and partners providing quality, service and value. We know that international investors and buyers require premium services and we intend to be a class apart in this highly competitive arena.” Globally, IFA HR has entered into strategic alliances and collaborations with leading companies such as Kingdom Hotel Investment Group, Nakheel, United Investments Portugal, Savills. IFA HR projects and investments in Dubai include The Fairmont Palm Hotel & Resort, the Fairmont Palm Residence, the Crescent Resort on the Palm Island, The Palm Residence, the Palm Golden Mile and the Movenpick Hotel & Residence Laguna Tower Dubai. IFA HR is aiming to offer investors and tourists access world-class facilities through a network of hotels, resorts, vacation and residence club destinations.

   
 
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