• Strategic Collaboration: Dar Global, a Dubai-based luxury property developer listed on the London Stock Exchange, has partnered The Trump Organization to bring the Trump Tower to Jeddah.
• Market Expansion: The Saudi project signifies Dar Global’s entry into Jeddah’s real estate market, having previously focused on international operations as the global arm of Saudi Arabia’s leading developer, Dar Al Arkan.
• Robust Portfolio: Since its listing on the London Stock Exchange in February, Dar Global has a portfolio pipeline valued at $5.9 billion, with almost half of this investment earmarked for projects in the GCC.
Dar Global, a Dubai-based luxury property developer listed on the London Stock Exchange, has joined with The Trump Organization to introduce the Trump Tower to Jeddah’s skyline.
This project is the second collaboration with Trump, following last week’s announcement of the International Oman project within the $500 million AIDA mixed-use real estate development.
The Saudi project represents Dar Global‘s debut in Jeddah, as the company has primarily operated internationally as the global extension of Saudi Arabia’s leading developer, Dar Al Arkan. According to Dar Global, the Trump development aims to attract the luxury Saudi market as well as international investors.
Following its listing on the London Stock Exchange (LSE) this past February, Dar Global boasts a portfolio pipeline valued at $5.9 billion, with nearly half dedicated to projects in the GCC, as stated by CEO Ziad El Chaar.
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