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Gulf Press > Business > New company offering cutting-edge services in construction and real estate development – Announcement
Business

New company offering cutting-edge services in construction and real estate development – Announcement

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Last updated: 2024/05/26 at 10:00 PM
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Reportage Properties, a prominent real estate developer in the UAE, recently announced a partnership with Mobica Furniture, a leading furniture manufacturing company, to establish a new entity called IPS Reportage Construction and Development. This collaboration aims to provide cutting-edge services in construction and real estate development. The agreement was finalized by Andrea Nucera, Managing Director of Reportage Properties, and Mohamed Farouk, Chairman and CEO of Mobica, in a bid to enhance cooperation and offer innovative solutions to enhance the overall customer experience and create optimal work environments.

By strengthening partnerships with renowned companies like Mobica, Reportage Properties is focused on achieving sustainable growth and success. They view this partnership as a strategic move towards reaching their goals and fostering innovation. Reportage Properties boasts an extensive portfolio consisting of 35 projects spread across various locations including the Emirates, Egypt, Turkey, Morocco, and Saudi Arabia. The company’s commitment to excellence and innovation has been recognized by Forbes Middle East, which recently ranked them among the top real estate companies in the region for the year 2024.

In recent developments, Reportage Properties has embarked on the completion and handover phase of several projects, such as Oasis 2 in Masdar City that comprises 304 residential units. Additionally, they have successfully delivered projects like Oasis Residence 1 in Masdar City and Al Raha Lofts in Abu Dhabi’s Al Raha Beach area. Furthermore, the company has completed the first phase of the Rukan Lofts project in the Dubailand area in collaboration with the Continental Investment Company.

This strategic collaboration between Reportage Properties and Mobica Furniture signifies a significant milestone for both companies. The establishment of IPS Reportage Construction and Development reflects a shared commitment to excellence and innovation in the real estate and construction sectors. By joining forces, the companies aim to leverage their respective strengths and expertise to provide top-notch services and solutions to their customers. The signing of the agreement between the two entities paves the way for a fruitful partnership that is poised to drive success and growth in the industry.

Reportage Properties’ dedication to forging strategic partnerships with industry leaders underscores their commitment to achieving excellence and delivering exceptional projects. As they continue to expand their presence and portfolio, the collaboration with Mobica Furniture marks a pivotal moment in their journey towards innovation and sustainable growth. With a strong focus on customer satisfaction and creating ideal living environments, the partnership with Mobica is set to bring about significant advancements and enhancements in the real estate and construction sectors.

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News Room May 26, 2024
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