MIDDLE EAST

Related is pursuing mixed-use and destination developments in the Middle East and Northern Africa (MENA) region. Through a partnership with Gulf Capital, one of the region’s leading alternative asset management firms, Gulf Related, an Abu Dhabi based venture, will identify and execute on large-scale, marquee mixed-use development opportunities with an initial focus in Abu Dhabi and the Kingdom of Saudi Arabia. Gulf Related’s initial capitalization is AED 180 million ($50 million) and is expected to rise to over AED 1 billion by 2012.

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 unparalleled 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.