Al Marjan Island (AMI) company, a leading waterfront development company in the UAE, took part in the Global Real Estate Institute (GRI) forum held in London, UK.

It is the developer of Al Marjan Island, a man-made island located in Ras Al Khaimah extending 4.5 km into the sea. The island, which covers an area of 2.7 million sq m, is set against the picturesque backdrop of the Arabian Peninsula.

A global club of senior level investors, developers and lenders in real estate, the GRI - London forum attracted the world’s leading real estate players.

AMI was the only Arab participant at the event that gathered 144 participants. The event enabled senior industry leaders to share and learn in as natural, spontaneous and collegial a setting as possible.

Architect Abdullah Rashed Al Abdouli, the managing director of AMI company, took part in a discussion session entitled “Co- Investing – When does it make sense?”.

Addressing the gathering, Al Abdouli said the investment trend in Ras Al Khaimah was an efficient alternative to direct investment in equities or bonds, offering diversification opportunities at a moderate cost and with a relatively low level of risk.

“GRI – London is unique because it offers ideal engaging opportunity with peers in the industry. The concept of the event allowed all participants at one session to exchange opinions and experiences. AMI tends to continue explore diverse collaboration opportunities where possible,” noted Al Abdouli.

The event offered the participants to develop valuable relationships, find new business partners, and strengthen their global networks.

“We recently concluded a very successful week in the Arabian Hotel Investment Conference (AHIC) in Dubai. We aim to meet investors who share the same vision and present the unique investments benefits available in Ras Al Khaimah,” noted Al Abdouli.

AMI recently made strategic partnerships, one with Mövenpick Hotels & Resorts to launch its first resort in Ras Al Khaimah, and another with SuperCasa to develop a five-star hotel on a 75,000 sq ft plot on the island.

Al Abdouli said there are various investment plans to be announced in the short-term period that will further enhance Ras Al Khaimah’s position on the regional and international map.

"At the London event, we shared insights with global leaders in the industry and presented the exceptional investment opportunities available in Ras Al Khaimah," he added.-TradeArabia News Service