With initial investments of $600 million

An International real estate alliance launches their first projects from Dubai

(Abu Dhabi) October 02,2024

RMS Capital Investment, the real estate developing alliance of three partners including an Emirati, Azerbaijani and Turkish companies, announced the launch of their first project from Dubai, which is a new phase of the Verdana project that Reportage Properties is developing in Dubai.

The alliance, which includes Reportage Properties from the UAE, the Turkish Mesa Holding and the Azerbaijani Sabah Investment Group, plans to pump initial investments estimated at $600 million in the three markets.

Andrea Nucera, Managing Director of Reportage Properties

The new move was disclosed at an international press conference held in Dubai this week to announce the future plans of RMS Capital Investment Real Estate, as the new company intends to launch their second project on the shores of the Caspian Sea in Baku, within the Arabian Ranches Sea Breeze project in Azerbaijan.

Promising opportunities

Addressing the press conference, Andrea Nucera, Managing Director of Reportage Properties, confirmed that the alliance is committed to develop innovative and sustainable projects in the real estate sector, and  provide distinguished real estate products with added value to customers.