Abu Dhabi-based investment firm looking for development opportunities in Miami

Posted on 10 Mar 2015 in Miami What's New | 1 comment

Abu Dhabi Financial Group, a multi-billion dollar developer and investment firm, is studying a residential development opportunity in Miami.

Jassim Alseddiqi, the CEO of the firm, told Bloomberg that he was looking at opportunities in London, Miami, Los Angeles and New York, but Miami was ‘most attractive’ of the cities that the company is studying.

Miami ‘has a lot of room to grow and it’s coming up as a lifestyle city,’ he said.

The company made headlines last year when it beat out 10 other bidders to buy New Scotland Yard in London for 370 million pounds. It also recently paid 310 million pounds for a development site overlooking Buckingham Palace.

In Abu Dhabi, the company is partnering with the Seminole Tribe of Florida to bring a Hard Rock hotel to Marina 101, a 1,417-foot tower called set to open later this year. The high-rise will be the tallest residential tower in the world.

One comment

  1. Sam Farhad Sami / December 4th, 2015 22:10

    Dear Sir, or Mam
    We have and hold 3 high end Luxury medium size residential projects in Bay Harbor Islans, Florida
    Bay Harbor is located one block west of world famous Bal Harbor shops and just north of Indian Creek Islad that contains th most expensive homes and properties in MIAMI area. I will be happy to present this projects to your attention.
    Please contact me at above email or below for complete approved project package and proforma.
    With regards,
    Sam F. Sami-President
    AARYA Construction & Des. Inc.
    7657 NW. 50th Street
    Miami, Fl. 33166
    P 305-592-2526
    F 305-592-7887
    C 786-306-4353

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