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United Group inks deal with Australian firm
ABU DHABI—Abu Dhabi-based business conglomerate- United Group Holding has formed an alliance with Australia's construction company L.J.Hooker to provide a whole range of construction, real estate sales, leasing, property management services for residential and commercial properties in the UAE and Middle East.
" We have signed an agreement to establish an international real estate franchise business through out the GCC and Middle East and we already have two big projects in pipeline in Dubai and Doha", Saeed M. Al Meqbali, general manager of United Group Holdings while speaking at a press conference.
Meqbali said that the L.J.Hooker's international network in the property industry, would help introduce various skills in building construction, infrastructure development, and joint venture partnerships to those UAE companies involved in the development of the Emirates." , he said that objective behind the alliance is to transfer L.J.Hooker's intellectual property into the business and enhance the skills of local people to build the largest and most successful real estate and property group in the UAE.
John Elvy director L. J. Hooker Australia Director said that it is our intention to set up training and educational facilities that will provide internationally recognised certification for those Emiratis who would like to pursue a career in real estate.
He said: "The UAE seems to have the highest profile of the growth countries in the Middle East and we specifically selected Abu Dhabi as our headquarters because it is the capital. It is the largest Emirate and we believe it has significant growth potential yet to be realised over the next five to ten years."
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