INTERNATIONAL ACTIVITIES

Related maintains a strategic and disciplined approach to the markets in which we operate and the product types we deliver. We are currently pursuing select ground-up development opportunities as well as providing advisory services to partner entities in the Middle East, China and Brazil. To capitalize on these rapidly growing markets, we are leveraging our real estate development expertise, our track record of creating value in some of the most financially successful developments in the United States and our relationships with some of the most active and successful hotel, retail and restaurant brands.

In the Middle East region, Related is pursuing destination real estate developments through a partnership with Gulf Capital, one of the region’s leading alternative asset management firms. Gulf Related, our Abu Dhabi based joint venture, is identifying and executing on marquis large scale mixed-use real estate development opportunities with an initial focus in Abu Dhabi and the Kingdom of Saudi Arabia. Gulf Related is focused on multi-phase master-planned mixed-use development opportunities in urban centers as well as larger scale community developments organized around new town centers. These projects will capitalize on Related’s track record in creating unique urban experiences that combine the energy and vitality of an urban destination with local lifestyle and culture. Residential projects will offer both affordable and luxury villas as well as high-rise buildings. Related has extensive expertise in mixed-use projects that seamlessly integrate indigenous architecture with exciting retail, restaurant, entertainment, hotel, office and residential uses.

Gulf Related, in partnership with Mubadala Real Estate & Hospitality (MREH), is currently developing and leasing the retail and dining component at Sowwah Square. This 355,000 square foot signature destination is located on Sowwah Island at the heart of Abu Dhabi’s new Central Business District. Sowwah Square will be a vibrant new shopping and dining destination with a full range of luxury to mid-market international retail offerings and internationally branded food and beverage outlets.

In China, we are capitalizing on our decades of diversified real estate experience to create a multi-platform real estate business in collaboration with local partners. With its urbanization imperative and emerging capital markets, China presents a unique opportunity to bring industry-leading capabilities from all of Related’s business platforms to a robust economy. Headquartered in Shanghai and operating in joint venture with complementary local partners, Related China is initially focused on both new construction and the acquisition of residential, retail and mixed-use developments targeting locations on state-of-the-art transportation infrastructure, and building to the burgeoning demand of the rapidly expanding middle class. Future projects will include moderate and luxury residential high-rise buildings and retail shopping centers, as well as large scale mixed-use projects that seamlessly integrate multiple uses including residential, retail, restaurant, entertainment, hotel and office.