Green Valley Real Estate partners with UAE group
ABU DHABI, December 18, 2017
Green Valley Real Estate Group, a leading real estate development and investment company, said it has signed a partnership agreement with UAE-based Central Hotel Management Group.
As per the deal, Central will be managing Green Valley’s hotel project, in a move that represents a new, unique cooperation model among national Emirati companies.
This cooperation will kick off shortly by managing a number of Green Valley’s projects in Turkey, followed by projects in Morocco, Georgia and Bosnia, said Ali Al Salami, the director general of Green Valley Real Estate Group, after signing the agreement with Ahmad Al Abdullah Al Ansari, the chairman of Central Hotel Management.
Established in 2004, the Green Valley Real Estate Group owns a total of 42 real estate development projects across the globe.
The partnership will guarantee an additional source of investment returns for Green Valley’s customers and investors, as they will provide them with rewarding returns on their real estate investments in locations that attract tourists throughout the year.
Central’s long experience and outstanding success in managing hotel properties will be a major differentiator in this aspect.
“We are pleased to sign this partnership agreement with Central Hotels Management group to manage our projects in Turkey,” remarked Al Salami.
“This agreement comes to fulfill our promises to esteemed customers who bought their units in Turkey on a hotel system basis, which offers them good investment returns in attractive tourist destinations,” he stated.
The company surprised its customers by including all its projects in Turkey under the hotel property management system, although most of its projects were not previously part of such arrangement, he added.
The new brand will be named “Green Valley Central” and will manage all projects in Bursa, Yaluva, Trabzon and Sapanca.
Wiaam Rabah, the chairman of Green Valley Real Estate Group, expressed delight at the tieup with Central Hotel Management, whose focus is to provide excellent hotel services in all its four-star properties in Dubai.
"We will transfer this outstanding experience and services to Turkey and offer them to our esteemed customers who deserve the best," observed Rabbah.
Green Valley Central also plans to expand in Morocco, Georgia and Bosnia at a later stage. Agreements related to those countries will be announced in due course, he added.-TradeArabia News Service
