Al Nasr Club Investment Company has signed a partnership agreement with Harbor Real Estate Company, whereby the latter will manage the real estate projects of Al Nasr Club, which are about eleven residential buildings inside the club’s headquarters in the heart of the Oud Metha area, including 500 apartments in addition to more than sixty-eight commercial shops.
This came during a press conference held this evening, Thursday, at the club’s headquarters, and was attended by His Excellency Mansour Al Falasi, member of the club’s board of directors, Chairman of the Board of Directors of Al Nasr Club Investment Company, His Excellency Jamal Lootah, member of the Board of Directors of the club, members of the Board of Directors of Al Nasr Club Investment Company, and Mr. Muhannad Alwadia, CEO of Harbor Real Estate.
It is worth to mention that Harbor is one of the most important leading companies in the field of real estate management and is part of a global group of real estate companies in Australia.
Due to its excellence and its great potential, the company has received many awards, most notably the Gold Rating Award by the Dubai Land Department for five consecutive years ,and has been ranked among the top 5 real estate companies by Forbes magazine, and as the best real estate management company in the United Arab Emirates from by Property Times Magazine.
In his speech today, His Excellency Mansour Al Falasi expressed his happiness at signing the agreement with Harbor, and said, "We are proud of the approach on which Al Nasr Club was founded as a pioneer in the field of investment in sports clubs, and we strive to achieve sustainability and self-sufficiency for the club."
He added, "We are pleased to announce our partnership with Harbor Real Estate, a highly rated and globally known company, which is not only a partnership for real estate management, but to add a new icon to the Emirate of Dubai."
He continued, "I would like to extend my sincere thanks and appreciation to Sheikh Rashid bin Hamdan bin Rashid Al Maktoum, President of the Al Nasr Cultural and Sports Club, for his unlimited support and permanent directives, which constitute an approach and a path towards progress and prosperity for our club. I also thank His Excellency the President and members of the Club's Board of Directors for their constant support, I thank the board of directors of Al Nasr Club for Investment and we are proud of this addition, which will be a milestone, and God willing, there will be upcoming projects in the future, and we wish this partnership success and continuity.”
Form his part, Muhannad Al-Wadiya, Executive Director of Harbor Real Estate, said: “I thank the board of directors of Al Nasr Investment Company for their trust. This is an honor for us and a great responsibility. Our goal is to activate all strategies in serving Al Nasr Investment Club’s portfolio and contribute to developing its income and preserving the reputation of Al Nasr Club, which is One of the most prominent establishments in UAE, and I hope that we will meet your expectations."