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i-Rise commercial real estate project in Dubai to maintain 2010 deadline |
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 Realty Capital Middle East FZ LLZ has promised to cooperate with Al Naboodah, main contractors for its Dh1 billion ‘i-Rise' project currently under construction in TECOM Site C in Dubai to improve the resources and to ensure on-time delivery of the commercial real estate development despite global shortage of building materials. Marwan Mansour, CEO, Realty Capital, said, "We have impressive growth plans which do not leave room for delays to i-Rise. The recent resources augmentation keeps our construction on track and reduces the impact of restricted construction material supplies". Realty Capital Middle East FZ LLC is a strategic real estate partnership between Rasmala Investments, Dubai-based investment bank and Khayyat Investments, UAE-based group with a wide range of national and regional activities.
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