DAMAC Owner Hussain Sajwani’s Reflects on Dubai’s Stability in the Middle East

In case you are not familiar with Hussain Sajwani, he is the 5th richest Arabian person in the world. He hails from Sharjah, United Arab Emirates. Sajwani is the CEO of DAMAC Properties in the United Arab Emirates. This company is located in the city of Dubai which is another United Arab Emirates metropolitan area. This is a premier property developer for the nation. DAMAC Properties is also known around the world for the real properties they have in Dubai and in other countries.

If you are aware of Dubai’s location, you will quickly discover that this city is situated in the Middle East. Iran and Iraq are located to the north of the nation. Saudi Arabia can be found to the west. Oman lies east of the UAE and Yemen can found south of the nation. This region of the world is fairly unstable. However, the UAE and its premiere city of Dubai, typically remains safe from the instability.

Hussain Sajwani explains that the UAE (and Dubai in particular) are safe from the impact of terrorism and political instability because of its role in the Arab world. In an article from Saudi Projects, Sajwani knows that certain policies and practices are in place that protect the nation from various problems. The country has terrorism initiatives that they utilize to keep extremism in check and they also strongly protect their borders.

DAMAC Owner Sajwani also informs us that the UAE has a powerful economy. Dubai’s economy is critical to the Middle East because of its ability to manage money related to oil and its ability to support high finance and investments in the Middle Eastern region. In other words, Dubai’s wealth and massive finance and economic resources has made this nation a fairly safe from the effects of terrorism and any other type of problem that could disrupt the safety of the area.

The UAE has too much at stake to allow outside forces to disrupt the area. Sajwani knows that outside instability helps Dubai to thrive. When things go wrong in other countries situated near Dubai, many people from this disrupted areas tend to relocate to Dubai. Once they do, they often help to contribute to the stability and safety of the economy. Dubai is a city that remains strong because of the commitment from their people and their economic strength.

Discover more here: https://www.albayan.ae/economy/local-market/2018-02-12-1.3184075

JHSF is Still Overseen by José Auriemo Neto

JHSF is known for being the leading Brazilian high revenue real estate company. JHSF has gained recognition due to its results in the commercial incorporation market as well as the residential incorporation markets, development and management of shopping centers, development of luxury hotels and even an executive international airport.

JHSF was established in 1972 and had gained increased visibility due to its capacity of identifying new business possibilities and opportunities in a number of varied markets. Since JHSF is the first company in their area, possessing the innovation, courage, quality as well as the capacity to come up with sustainable solutions in their business as well as projects, it can be affirmed that these features are now part of the DNA of JHFS.

JHSF has developed strong business in São Paulo, Salvador, and Manaus, which are important and strategic Brazilian cities. Four business units make up JHSF:

  1. Malls
  2. Incorporations
  3. Fasano Hotels & Restaurants
  4. Executive Airport.

Since there are several other mature real estate markets on a global level, JHSF clearly anticipated market changes and was able to make changes in their business focus transitioning to the recurring revenue market. In more recent years, JHSF focused on prioritizing the implementation of projects for the development and management of shopping centers, luxury hotels. Another specific project is the Catarina Integrated Urban Development (Empreendimento Urbanístico Integrado Catarina) which involves the first phase of the Catarina Executive Airport (Aeroporto Executivo Catarina) and also, the Catarina Fashion Outlet. The recurring revenue market has provided great revenue results to JHSF.

José Auriemo Neto led JHSF as executive president from 2003 to 2014. He was replaced by Eduardo Camara in a two-year transition program that lasted 2 years. José Auriemo Neto is still the president of the administrative council. He has been leading the administrative council since 2011.

José Auriemo Neto is now looking after the brand’s interests pertaining to office buildings, hotels, as well as public developments. He takes care of JHSF’s complete portfolio, which included the Cidade Jardim shopping complex, Metrô Tucuruvi in São Paulo, the Bela Vista in Salvador, as well as the Ponta Negra shopping mall in Manaus. JHSF has two more ongoing developments in São Paulo.

Samuel Strauch: Real Estate Expert in Miami Beach

The real estate market in the United States has been moving towards the right direction. However, South Florida Economy is telling a different story. A chronic shortage of affordable houses in Miami Beach is getting worse, and residents are moving out.

In a report released in early April by National Low Income Housing Coalition, the Miami/ Fort Lauderdale market in short supply of the affordable income. The low-income residents in Miami who form the backbone of the economy can’t find homes near their jobs.

The real estate market is about to get worse considering that President Donald Trump wants to cut 13% or about $ 6 Billion from the U.S Department of Housing and Urban Development of Housing and Urban Development budget.

You would hope that the lawmakers in the region would provide solutions, but instead, they are following the same path. With the crisis in the area worsening day after day, one can only hope that a solution will be found.

The housing crisis in Miami Beach may be getting worse for some of the residents, but real estate agents like Samuel Strauch are benefiting greatly. Samuel has built a robust career in selling high-end apartments and condominium.

Samuel Strauch has been in the real estate industry for 15 years. 78% of the time Samuel represents the buyer. However, he has managed to sell a couple of properties at a profit.

More About Samuel

Samuel Strauch is a principal at the Metrik Real Estate. He joined the Company in 2002. Metrik is a progressive firm that provides services in three distinct areas: Capital, Real Estate, and Management.

Samuel Strauch holds a Bachelor Degree in Business Administration, International Business from Hofstra University. He also attended the Erasmus University Rotterdam to pursue studies in International Finance and International Marketing. Samuel studied Executive Education in Real Estate and Capital Markets from Harvard University.

Samuel is also an active investor in Internet and restaurant businesses.

Click here to learn more about Samuel Strauch.