Limitless, the global integrated real estate arm of Dubai World, is underpinning its commitment to the Far East by participating in the first Cityscape China property show.
The Dubai-based developer is eyeing China as a strategic future market, and will showcase its current projects – including its flagship development, Downtown Jebel Ali – at the exhibition, which takes place at INTEX Shanghai, 24-26 May.
Limitless, which master plans, designs and develops distinctive, sustainable urban communities will use Cityscape to create brand awareness and generate new business opportunities in China.
Mark Jared, Business Development Manager for Limitless in China, said: “Taking a stand at Cityscape reinforces our intention to form a strategic relationship between Dubai and China. We are already negotiating a major project in Qingdao, and are considering others in Tianjin and Shanghai. Cityscape will give us the chance to tell the Limitless story to more potential partners and investors in the region.
“Our unique ability to create large scale, mixed-use urban developments means that we are ideally placed to help China to fulfil its long term plans for growth. What Limitless is able to offer fits naturally with what China requires as it progresses towards greater urbanisation.”
Research shows that China has seen a 20 per cent annual growth in real estate for the last decade. More than 750 cities will be built there over the next 15 years, and there are currently more than 2,500 projects – including waterfront developments, industrial free zones, techo cities and tourism projects – underway or in the pipeline.
Current projects for Limitless in Dubai include Downtown Jebel Ali, a 200 hectare, 11 kilometre long, mixed-use urban development, with an estimated value of USD 13 billion. The company is also master developing Jumeirah Village, a residential and commercial development spread over 811 hectares.
Visit Limitless (stand number A222) at Cityscape China, 24-26 May 2007.
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Media interviews with Mark Jared, who speaks Mandarin, can be arranged during the exhibition.
Media enquiries: Rebecca Rees, Limitless PR on +971 4 375 9733 or email Rebecca.email@example.com