Gem­stone Real Es­tate De­vel­op­ment

Ah­mad Ziad Alam Ed­dine, De­sign / De­vel­op­ment Man­ager

HOTEC Middle East 2017 - - BUYER -

Al Saada Street, Re­gal Tower, 15th Floor, Dubai, 114817, United Arab Emi­rates T: +971554473431 E: ziad.alamed­dine@gem­stone-group.com Web: www.gem­stone-group.com Com­pany Pro­file: Gem­stone Real Es­tate De­vel­op­ment is a com­pany based in Dubai that de­vel­ops res­i­den­tial build­ings/ prop­er­ties, branded ser­viced apart­ments and ho­tel projects. Our projects in­clude Kempin­ski ser­viced apart­ments in Busi­ness Bay Dubai (802 apart­ments) and Aqua Raf­fles ho­tel in Jed­dah -KSA (181 ho­tel rooms + 188 branded ser­viced apart­ments). Both these projects are cur­rently in ten­der stage and should be awarded with 4 to 6 weeks’ time. Both projects tar­get de­liv­ery date is end of 2019. Other projects in­clude Princess Tower (tallest res­i­den­tial tower in the world) and Elite res­i­den­tial tower in Ma­rina area Dubai. An­other 12 Res­i­den­tial tow­ers 22 floors height are be­ing de­vel­oped in The Pearl - Qatar (8 of which are com­plete). Num­ber of ho­tels in port­fo­lio: 2 To­tal num­ber of rooms in group: 1189

How many new con­struc­tion projects do you have planned within the next 3 years?

3 How many new man­age­ment con­tracts are es­ti­mated for next three years? Man­age­ment con­tracts al­ready signed with 2 op­er­a­tors for 2 ho­tels (Raf­fles & Kempin­ski)

How many ren­o­va­tion projects do you have planned within the next 3 years?

None

Where are your ren­o­va­tion and new con­struc­tion projects and planned man­aged con­tracts lo­cated?

Kempin­ski in Dubai/UAE - Raf­fles in Jed­dah/KSA Types of sup­plier com­pa­nies that you are most in­ter­ested in meet­ing: FF&E and OS&E sup­pli­ers Pro­jected spend­ing bud­get for 2017/2018: 100 Mil­lion AED

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.