Tourism Development & Investment Company (TDIC) will be showcasing its latest residential offerings and unique investment opportunities at Cityscape Global 2014.
The annual event, which will take place from September 21st – 23rd at the Dubai World Trade Centre, will be an opportunity for investors to learn more about the newly launched Mamsha Al Saadiyat, in addition to other opportunities available on Saadiyat and within its Cultural District.
Saadiyat is today home to a number of anchor projects which have attracted to the Emirate of Abu Dhabi internationally-renowned brands such as St Regis, Park Hyatt, New York University, Cranleigh, an elite UK-based boarding school, in addition to three world-class museums within the Cultural District, including Zayed National Museum, Guggenheim Abu Dhabi, and Louvre Abu Dhabi which is set to open doors in the last quarter of 2015.
Ahmed Al Fahim, Executive Director of Marketing, Communications, Sales and Leasing at TDIC, said, “We are pleased to once again be a part of Cityscape Global as it provides us with a vital platform to showcase our ever growing portfolio and more importantly to communicate with interested investors about our unique developments. As we continue developing Saadiyat, we welcome developers interested in establishing their own projects on the island which contributes to the existing projects, and that includes land plots for mixed-use developments, such as for hospitality, residential, education, commercial, etc.” The continuous interest and successful completion and release of various developments were among the factors that contributed to the recent upgrade in TDIC’s long-term issuer ratings from A1 to Aa2 by Moody’s Investment Services, a leading provider of credit ratings, research, and risk analysis. This upgraded rating reflects TIDC’s commitment to delivering high quality products.
“We are proud of our rating upgrade as it signals our sustained success in delivering and launching unique products that appeal to discerning niches across various markets. We look forward to continuing meeting and surpassing expectations while we diversify our portfolio of projects,” added Al Fahim.
Source : WAM News Agency for United Arab Emirates
