Gulf Today

Reportage rated one of the most influentia­l realty firms


ABU DHABI: Forbes Middle East rated Reportage Properties as one of the 2024 “Leaders of the Most Influentia­l Real Estate Companies in the Middle East”, in their latest analysis which highlights 100 real estate developers in the region that adopt innovation to set the future of the sector.

Andrea nu ce ra, managing director of report age Properties, is the 57th on the list, which Mohamed Al Abbar, founder and managing director of Emaar Properties, took the first place together with Talal Al Dhiyebi, CEO of Aldar Properties, while Nazmi Al Nasr, CEO of “NEOM” Saudi Arabia, was in third place.

Forbes analysis noted that Andrea Nucera held his current position since Reportage Properties, one of the largest UAE private real estate developers, was founded in 2014. The company’s porfolio includes 35 projects in the UAE, Egypt, Saudi Arabia, Turkey, Morocco, Russia, and Uganda. Total sales value during 2023 exceeded one billion dollars. In October 2022, they made partnershi­p with (ENTERTAINE­R) to launch a loyalty applicatio­n for their customers.

Forbes criteria in qualifying entrants for the year 2024, included several factors such as financial fiscal discipline in total assets, market value, revenues, the value of projects completed, and projects under constructi­on, as well as the company’s profile in handing properties off, land porfolio, and the number of units owned by the eligible company.

It is worth noting that the 2024 list included companies from nine regional countries, led by the UAE with 33 companies, followed by Saudi Arabia with 23 companies and Egypt with 20 companies.

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