Anand Narayanan Joins Damac as International Managing Director

Sponsored news September 11, 2019 No Comments admin

Anand Narayanan K.B Joins Damac Properties as International managing Director, Prior to this he was with Bangalore based Purvankara Group for close to 7 years as its President in Sales and Marketing

Mr Anand Narayan is an Management graduate with about 19 years experience across Real Estate & Banking in India as well as Overseas. Held leadership roles in Sales, Marketing, PR, Product Management & Business Strategy in functional domains of Residential & Commercial Real Estate, International Consumer Banking (NRIs), Mid-Corporate Banking (SME) and in Institutional resource raising & syndications

He has also Worked with Knight Frank India as its National Director ( Residential ) prior to that he was with ICICI Bank ( NEW York Branch ) in the capacity of Assistant General Manager ( Anand Narayanan )

About Damac Properties :

DAMAC Properties has been at the forefront of the Middle East’s luxury real estate market since 2002, delivering residential, commercial and leisure properties across the region, including the UAE, Saudi Arabia, Qatar, Jordan, Lebanon, Oman and the United Kingdom.

Making its mark at the highest end of stylish living, DAMAC Properties has cemented its place as the leading luxury developer in the region, having delivered over 26,000 homes, with a development portfolio of more than 40,000 units at various stages of progress. This includes 10,000 hotel rooms, serviced hotel apartments and hotel villas that will be managed by its wholly-owned DAMAC Hotels & Resorts.

DAMAC Properties intends for investors to benefit from attractive returns, driven by strong financial results and enhanced margins resulting from the Company’s full development phase business model.

The Company aims to maintain a progressive dividend policy, but reserves the flexibility to amend the policy going forward, depending on market conditions.

Geographic expansion, across key target markets that are customer led, alongside product innovation, such as co-branded developments with premium brands, ensure that the Company is well positioned for future growth.

Investment highlights at Damac Properties
Internationally recognised brand
Leading growth of the premium Dubai property market and beyond
Proven business model with strong margins and attractive returns
Advanced in-house design, sales and project execution as well as service and hospitality capabilities
Future growth secured by existing development pipeline and ability to source new opportunities
Highly experienced management team and a committed founding shareholder