ALARGAN TOWELL showcases its projects at MIPIM

    With the aim of contributing towards promoting Oman as one of the most attractive foreign investment destinations, and in order to market its future projects, ALARGAN TOWELL Investment Company recently participated in the MIPIM international real estate exhibition. The event which took place in Cannes, France, during March 14-17 saw a great turnout of over 25,000 participants. Additionally, more than 3,100 projects from leading real estate companies were showcased at the exhibition. Commenting on the importance of its participation, Eng. Hisham Moussa, Chief Executive Officer at ALARGAN TOWELL Investment noted, “International exhibitions and conferences of such importance are key to highlighting real-estate projects and investment prospects in Oman. At MIPIM we showcased promising investment opportunities in Oman’s real estate sector. We also introduced some of our future projects, namely the ‘Nakheel’ project; an ITC project located in Barka.” ALARGAN TOWELL INVESTMENT’s participation in MIPIM, at the FIABCI (Federation Internationale des Administrateurs de Bien-Conselis Immobiliers; the International Real Estate Federation) corner, embodies the strong relations the company shares with the federation. Eng. Hisham Moussa is an active member of the FIABCI, which focuses on the development and regulation of real estate sector in a number of member countries. It pays great attention to housing projects targeting those within the middle income range, similar to current ALARGAN TOWELL projects. ALARGAN TOWELL’s participation in this exhibition, is in line with the company’s keenness to keep itself updated with recent happenings in the real estate development and investment sector. Its participation also allowed the company to obtain in-depth insight into current projects and investment opportunities globally. Apart from the exhibition, ALARGAN TOWELL also participated in a gala dinner organised by the FIABCI; which also saw the attendance of a number of French and international officials and officials from UN-HABITAT. ALARGAN TOWELL INVESTMENT COMPANY was founded in 2003 in the Sultanate of Oman as a result of the strategic alliance between ALARGAN International Real Estate Company and the reputed WJ Towell. ALARGAN TOWELL activities focus on the creation of quality yet affordable housing opportunities for Omanis in the middle-income bracket. This innovative partnership led to the construction of a number of successful and integrated projects, such as Beyout Al Faye, the Al Waha project, the Al Mawalih Villa’s project, the Al Hail homes project, and the Al Qurum Gardens project. Additionally, the Company is currently in the preparation stages for the AlNakheel mega development project, which is expected to be the first Integrated Tourism Complex (ITC) project in the Wilayat of Barka. As a direct result of their many successes, ALARGAN TOWELL has received numerous international, regional and local awards. Most recently, they received ‘The Affordable Housing Project of the year 2016’, from Oman Real Estate Association. The award was given to ALARGAN for Al-Waha project in Barka. The company also had received the Best Developer Award for Residential Neighbourhoods at the Oman Real Estate Awards, 2015. Additionally, the AlNakheel project was Highly Commended at the prominent regional real estate development awards, the Arabian Property Awards, in Dubai, 2015.