MAG Group Holding’s Real Estate Portfolio Surpasses USD 11.9 Billion
MAG Group Holding, a multinational conglomerate with a diverse portfolio across multiple sectors, has announced that its real estate portfolio has reached an impressive value of USD 11.9 billion. This includes both current and under-development projects across various real estate subsidiaries.
MAG Group Holding’s real estate subsidiaries include MAG Lifestyle Development, Keturah, Invest Group Overseas (IGO), MBL, Shoumous, Art of Living Mall, and MAG Leasing for warehouses. The conglomerate's portfolio spans a wide range of developments, catering to both residential and commercial sectors.
Commenting on the achievement, Moafaq Al Gaddah, Founder and Chairman of MAG Group Holding, said, "The UAE's real estate sector is witnessing unprecedented demand, driven by the strategic vision and initiatives of our wise leadership. The government’s ongoing efforts to foster a favorable investment climate have made the UAE a preferred investment destination for global investors. We take pride in our extensive portfolio of developments that cater to diverse audiences, adding value to the already thriving sector. At MAG Group Holding, our mandate is to support the UAE's growth by creating innovative developments and meeting the evolving needs of both residents and investors."
This milestone highlights MAG Group Holding's continued growth and commitment to enhancing the UAE’s real estate market, contributing to the nation’s position as a global hub for investment.
