UAE-Founded DAMAC Properties Announces Aggressive APAC Expansion Plan with Latest Office Openings in Singapore and Beijing [Yahoo! Finance]
JARDINE MATHESON UNSP/ADR (JMHLY)
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Source: Yahoo! Finance
DAMAC Properties previously announced its Shanghai office opening in December 2023 in APAC DUBAI , UAE, May 7, 2024 /PRNewswire/ -- UAE-founded real estate developer with global aspirations, DAMAC Properties, has announced brand-new office openings in Beijing and Singapore . With its sights firmly set on global expansion, the office openings signal the brand's push and significant investment and commitment to APAC. As UAE's largest private real estate developer with headquarters in Dubai since 1982, DAMAC has grown exponentially to an impressive diverse portfolio, including luxury real estate developments, hospitality experiences, data centres, retail, fashion, and capital markets. In December 2023 , DAMAC announced plans to enter the Chinese market with its entry into Shanghai , capitalising on the growing demand for the UAE and DAMAC's portfolio from Chinese HNWI and UHNWI investors. The official ribbon cutting and event in Singapore was conducted by H.E. Jamal Abdulla AlSuwaid
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