News dalla rete ITA

10 Marzo 2019

Cisgiordania/Striscia di Gaza

THE REAL ESTATE ARM OF THE PALESTINE INVESTMENT FUND

Amaar, the real estate arm of the Palestine Investment Fund is engaged in a wide variety of horizontal land development projects which seek to provide affordable land around urban centers, fully-equipped with modern infrastructure and amenities. Amaar maintains a two-track focus on residential and commercial real estate.  1.      The Al-Reehan Neighborhood is located just 10 kilometers north of Ramallah and is connected to the Ramallah governate’s main highway network. The neighborhood includes seventeen high-rise apartment buildings, 42 villas, two prestigious executive towers, and a state-of-the-art commercial center. 95% of the first phase of Al-Reehan was sold, with close to 200 families actively living in the neighborhood. The next phase of Al-Reehan includes the construction of an amusement park, a postgraduate campus for the Arab American University of Jenin, and more residential dwellings.   2.      Jinan Neighborhood is a residential neighborhood located near the Arab American University of Jenin. It is the first planned development in Jenin which is equipped with modern road and electricity infrastructure. The neighborhood covers an area of 77 dunums, and includes 54 semi-independent residential units and 28 residential units. More neighborhood development projects like Al-Jinan planed in Birzeit, Jericho, and Surda.   3.      The Ersal Business Center is quickly becoming Palestine’s leading business and commercial hub. Located in the heart of the twin cities of Ramallah and Al-Bireh, the Ersal Business Center is home to a host of leading local and international companies. Upon completion, the Ersal Business Center will feature eleven multipurpose business towers, equipped with modern infrastructure in an accessible and convenient location. Two towers have already been completed: the Amaar Tower, a thirteen-floor building which is home to PIF, Amaar, Sanad, and PWC, among others; and the CCC (Consolidated Contractors Company) Building, which serves as the company’s corporate office. The Bank of Palestine and Al-Quds Bank, two other leading Palestinian companies, have completed the design and licensing of their own corporate offices in the Ersal Center.   4.      Amaar is the lead investor in the Jerusalem Commercial Center (JCC), a planned first mixed-use commercial center located in the heart of East Jerusalem. Located just steps away from the old city and the Jerusalem monorail, the JCC is an unparalleled commercial center in East Jerusalem. The JCC will serve as a hub for business and commerce in Jerusalem, providing Palestinians with new retail options near the center of town. Upon completion, the JCC will house a six-storey hotel, multiple floors of retail space, a parking garage, and storage space.  (ICE AMMAN)


Fonte notizia: Palestine Economic Portal