MAG Group Holding, a multinational conglomerate with a diversified portfolio across a number of sectors, has announced that the real estate subsidiaries have a pipeline of under development and future projects now worth AED 43.7 billion. The group has witnessed a notable milestone in its business, demonstrating how it is a firm and continuous force to be reckoned with in the UAE’s real estate sector.
High Real Estate Subsidiaries
Thus, real estate operations of MAG Group Holding involve a number of subsidiaries that aim to prop up the ambitious portfolio of the conglomerate. Subsidiaries include MAG Lifestyle Development, Keturah, Invest Group Overseas (IGO), MBL, Shoumous, Art of Living Mall, and MAG Leasing for warehouses. In total, they represent the entire scope of real estate development, serving residential as well as commercial needs.
Strategy Anchored by Vision for Sales
Moafaq Al Gaddah, Founder and Chairman of MAG Group Holding, told the Gulf Real Estate Show, Dubai that the demand in the real estate market in the UAE is exceptional. According to him, the strategic vision and efforts have been part of the success of leadership in the UAE, which has helped streamline the country’s booming real estate sector. In his view, government efforts at all times to create a positive investment climate have transformed the UAE into an excellent place for global investors.
Al Gaddah, speaking about the portfolio of MAG Group Holding, said it had come to serve so many audiences, and each time added value to the growth of this growing sector. For the group, the developments both for the residents and investors recognize the ever-changing needs in the UAE that match more prominently with the overall strategies for economic growth and development.
Commitment to Innovation and Growth
MAG Group Holding implements its real estate projects to contribute towards the growing trend of the UAE, through innovative developments. With the expanding footprint in the market, the company is more committed towards the dynamic economy of the country and contributing in the fulfilling growing demands for modern living and business spaces. With different diversified real estate initiatives, MAG Group Holding plays a very significant role in the UAE’s future urban landscape.
Concluding, the company stands tall as one of the most prominent groups in the entire UAE real estate sector with its portfolio of projects amounting to AED 43.7 billion. MAG Group Holding is driven by a passion for innovation, growth, and the satisfaction of both residents and investors.
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