Officials at the signing ceremony held in Dubai.
Oriental Pearls seals strategic deal with Lamborghini
DUBAI, May 6, 2018
Oriental Pearls, a leading real estate developer of upscale urban living spaces, has signed an iconic, multi-million-dollar agreement with Tonino Lamborghini, the Italian company dedicated to lifestyle accessories and lavish design hospitality projects, to customise upcoming Royal Pearls real estate project.
As per the deal, the Italian firm will apply the Tonino Lamborghini branding, philosophy and values across Oriental Pearls' real estate developments in Dubai.
Tonino Lamborghini is the sole owner of the internationally registered “Tonino Lamborghini” trademark of the Italy-based company founded by the heir of the Lamborghini family.
By staying true to the tradition and heritage of his family, in 1981 Tonino Lamborghini created a lifestyle experience brand with a wide range of luxury design products to promote a distinctive Italian style and taste.
Through this partnership, Tonino Lamborghini has granted Oriental Pearls exclusive rights to use the luxury brand in Dubai in the real estate sector for a minimum period of 10 years, said the statement from the developer.
The exclusive agreement will bring Tonino Lamborghini's legendary and unsurpassed standards of luxury, exclusivity and customization to the Royal Pearls master-planned community that is currently taking shape in Dubai's Meydan One district, it stated.
Oriental Pearls CEO Ma Guolong said: "It gives us great pleasure to be able to partner with Tonino Lamborghini for our upcoming projects in Dubai, beginning with Royal Pearls. Oriental Pearls specializes in developing iconic, upscale living spaces and themed communities designed for the modern and discerning urbanite."
"Joining hands with Tonino Lamborghini enables us to offer our customers the ultimate bespoke living spaces, customized and fitted to designer premium standards that haven't been seen yet in Dubai," he added.
Through the deal, Oriental Pearls said it has also decided to be associated with other Tonino Lamborghini lifestyle accessories in order to deliver a luxury and premium quality real estate concept across their developments.
The agreement also grants Oriental Pearls the right to develop and operate, within the Royal Pearls Project, Tonino Lamborghini branded clubs, lounges, restaurants, cafés, gyms, spas as well as Tonino Lamborghini flagship or mono-brand stores in the community, said the statement from the developer.
These Tonino Lamborghini units can both be designed and furnished with the Tonino Lamborghini Casa design concept and furnishings as per the customer’s requirements, it stated.
Lamborghini said: "After four 5-star hotels and the recent launch of a luxury Tonino Lamborghini Real Estate project in China, I am delighted to start a new partnership in this highly developing sector in Dubai with the Oriental Pearls developer."
"For the next years to come, our combined efforts will be focused on bringing a new upscale concept of total living to this extraordinary city and country," stated the top official.
"This real estate project is especially dedicated to Italian art, design and lifestyle lovers. A clientele that shares our same passions and our same vision. Here they will find spaces and places that will perfectly reflect their personality and make them feel unique and special," he added.
Offering a range of smart, networked living spaces, set in carefully contoured lawns and meticulously manicured swathes of greenery, Royal Pearls, the upscale master-planned development coming up near the commercial heart of Dubai, that offers those in search of a modern, connected yet restful living environment, with a winning combination.
The unique and innovative 4.6 million sq ft development will see over 7,500 premium freehold apartments being offered to residents, with the first phase of development being delivered by 2020.
Located in the premium Meydan Development, the project is designed precisely to offer superior lifestyle choices set in calm and serene oasis-like surroundings, but within easy reach of the city's hotspots, Royal Pearls is an upscale urban dweller's dream come true.-TradeArabia News Service