Dubai, September 2014 – VERTICA Properties, one of the rising real estate companies in the Middle East, announced recently its partnership with Empire Communities Canada and its local office –Empire Prestige Dubai.
The strategic alliance comes in line with VERTICA Properties objectives to offer the most competitive, innovative and outstanding services in personal and professional real estate.
After its success serving the Lebanese market and the Middle East, VERTICA Properties chose Canada and in specific the city of Toronto as the new destination of choice. The selection of the Canadian market was based on its economic stability and continued immigration having fueled the Canadian real estate sector for many years.
An award winning developer of homes in Canada for two decades, Empire Communities is a leading builder-developer of some of the most successful master planned communities in Toronto, the nation’s financial center.
This Partnership was announced during Cityscape Global event, the annual meeting point for real estate professionals, which was held in Dubai World Trade Center, Dubai UAE, on the 22nd of September 2014.
During the announcement, Mohamad Sinno, Managing Director of VERTICA Properties said: “This partnership proves our confidence in the Canadian Real Estate market that has continued to thrive during the global economic crisis. VERTICA Properties & Empire Prestige will offer the Middle East investors access to the best investment opportunities in Toronto”.
He concluded: “This move comes as part of our international strategic expansion, where we believe based on our market research that the appetite for such investments in the Middle East region is so big.” And he added: “As part of our core values we will focus on transparency and professionalism in dealing with our investors. Those bold moves come to reiterate the company’s vision to be the leading real estate company in the Middle East region.”
Naiem Malik, Vice President – Sales & Marketing at Empire Prestige Properties said:
“There is a tremendous opportunity for investors from the MENA Region to explore stable and mature real estate investments in Toronto to diversify their portfolio. We are excited about partnering up with “VERTICA Properties” Lebanon; and with their help, we look forward to expand our global reach.”