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ALDAR Builds Bridges To The Big Apple

Abu Dhabi Property Developer Showcases Flagship Developments At Cityscape USA In New York

ALDAR Properties, PJSC Abu Dhabi’s leading integrated property development, management, and investment company, heads to the “Big Apple” New York City, New York, bridging ties between the US property investment market and the emerging market in Abu Dhabi. Representing itself as a new gateway to the Middle East, ALDAR is bringing to Cityscape USA 2008 two of its world-class sustainable integrated developments: Al Raha Beach and Yas Island. Visitors to ALDAR stand will also catch a glimpse of other major developments that are part of the company’s diverse portfolio. This conference and exhibition has the specific purpose of introducing the emerging markets to the western world, the United States in particular. Investment opportunities in markets such as India, China, Asia, Russia, Latin America, and the Middle East are being brought to the forefront of Cityscape USA 2008 creating a platform for the US real estate industry to network with some of the most significant real estate investors and developers from the emerging world. Just the fact that ALDAR owns over 35 million square meters of land in strategic locations throughout Abu Dhabi should make keeping a close watch on the company’s future developments a likely game-plan for many who attend this year’s exhibition. While ALDAR will be showcasing two developments, Yas Island and Al Raha Beach, the company’s portfolio is expansive, with projects being undertaken throughout the Emirate of Abu Dhabi and with several of them serving a unique purpose for the emirate and country. With assignments worth more than $72 billion USD, and some of the most highly anticipated developments in the world over, ALDAR Properties will be more than a quiet presence at this exhibition. Comments Ronald Stephen Barrott, CEO, ALDAR Properties: “Our participation in Cityscape New York gives us access to a very important market. The two projects showcased at this international event- Yas Island and Al Raha Beach- have already made headlines for their originality. Both embrace award-winning developments, and both are living examples of the integrated development philosophy upheld by ALDAR. Through our physical presence and the projects we are showcasing, we hope to present ALDAR as a world-class developer deeply bent on building sustainable long-term investment for its clients and shareholders,” . A major attraction for sports, shopping and entertainment enthusiasts, the 6,000 acre hectare Yas Island project encompasses outstanding leisure attractions including the world’s first Ferrari theme park, a Warner Bros. theme park, and the Royal Yas Marina Circuit which will host the Abu Dhabi Formula One Grand Prix in 2009. Yas Island will also be home to a water park, golf courses, major retail podiums, hotels, restaurants, and several other unique and exciting venues that are destined to redefine leisure and entertainment. Al Raha Beach, the Ultimate Waterfront City, is 11 kilometres of natural waterfront with luxury, convenience, entertainment where cosmopolitan life is made compatible with community and family oriented relaxation. Comprised of eleven precincts, each distinct with its own character and appeal, Al Raha Beach will house the World Trade Centre in Abu Dhabi, as well as several other landmark buildings designed by some of the world’s finest architectural companies.

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