As per information provided in a press release, KASCO Developments has commenced operations in the UAE real estate market with plans to invest AED 1.20 billion. The KASCO Group has been active and engaged in the construction sector since 2008, boasting delivered projects in its portfolio like Waves Tower by KASCO, KASCO Residence, KASCO Tower and the Gulf Oasis.
By 2025 the development company plans to sell 1 million square feet of residential projects in line with its aim of embracing modern technology alongside design ideas. In the immediate term, the company wants to market and finalize sales of their first three projects. Of these locations, the new undertaking has keen interest in Business Bay and Al Jaddaf in Dubai.
As an extension of this new venture, the KASCO Group has more than 30 years in project implementation and financial and operational strategizing.
According to Mustafa Al Kaissi, Chairman of KASCO Developments, “The unique feature that KASCO Developments will take to the fast-charging Dubai market is the element of superior customer care and an inspiring living experience.”
In the words of KASCO Developments’ CEO - Issa Abdul Rahman, “The principles of professionalism, trustworthiness, and high standards of service, which have always characterized KASCO Group, are what we are taking to our new real estate developments.”
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