Al Hamra invests $270mn in real estate amid 5y growth plan – Construction Week Online

Al Hamra invests $270mn in real estate amid 5y growth plan – Construction Week Online

Al Hamra, a real estate development and investment company in Ras Al Khaimah, unveiled its five-year roadmap, from 2023-2027, to drive sustained growth through strategic developments.

This is aligned with the vision of Ras Al Khaimah’s leadership to establish the Emirate as one of the leading investment, business, residential, and tourism destinations.

Having earmarked an estimated $270mn (AED1bn) to achieve these aspirations, Al Hamra will be embarking on a development campaign underpinned by significant additions to its existing real estate and hospitality portfolio and optimisation of existing assets, ensuring strategies are in place for a systematic technology upgrade and enhancing customer experience in retail that will further strengthen the brand equity.