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Wednesday, September 19, 2007 - Abu Dhabi

Empire International Investments Appoints LLJ Property as Exclusive Sales Agent for Empire Tower, Shams Abu Dhabi

Arabian Gulf and Park View Apartments in the heart of the UAE Capital

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Empire International Investments, the real estate division of the multidisciplinary Empire Group, announced today the appointment of LLJ Property LLC, Abu Dhabi’s leading real estate agency, as the exclusive sales and coordinating agency for their prestigious ‘Empire Tower’ development.

The appointment comes eight months after the iconic AED800 million, 57 storey residential tower was first showcased at Cityscape Dubai and marks a new phase in the marketing of the property. The striking building, originally named Waterfront Residence, is designed by world renowned architects AEDAS and is located within Shams Abu Dhabi adjacent to Central Park and the future landmark Quad Building.

The agreement was signed by LLJ Property’s Director of Business Development, Jane Woods and Chairman of Empire International Investments, Haytham Al-Tajir who said: “We are delighted to be working with LLJ Property. Their impressive track record of sales within the Abu Dhabi market over the past 22 months makes them the ideal partner to refine and take the marketing and sales strategy for ‘Empire Tower’ to the next level.”

“Jointly with LLJ Property, we plan to make some subtle changes which will enhance some of the floor-plan layouts of the individual units within the building. This will ensure that the project meets the current demands of investors and end users seeking residential property within Abu Dhabi.”

LLJ Property specializes in Abu Dhabi property sales and marketing, leasing, and property management. A recent exclusive project within Shams Abu Dhabi achieved over 30 percent sales at pre-launch and the company’s extensive Abu Dhabi and international market knowledge will be used to achieve similar results for ‘Empire Tower’.

Director of Business Development Jane Woods commented: “Empire Tower is an eye-catching building offering something architecturally different to a typical residential tower. The apartments, which are available for sale, are well proportioned and finished with stunning panoramic views due to the prime location. With a retail mortgage and contracts already in place this project fulfils a number of the current market demands so will have a broad appeal. LLJ Property is confident that sales will meet expectations.”

The building’s mix of 1, 2, 3 and 4 bedroom apartments offer spectacular sea and Central Park views, all with floor to ceiling windows and many with balconies. The building also features a wealth of community facilities including: swimming pool, spa, sundeck, landscaped garden, gym, under cover secure parking and rooftop helipad. It is scheduled for completion in the first quarter of 2010 and is conveniently located for easy access to shopping malls and sports facilities, as well as the one million square foot green leisure space of Central Park – a focal point for the Shams development.

Empire International Investments is the newest subsidiary established under the Empire Holdings umbrella. Empire Holdings is a leading investment group based in Dubai focused on delivering world class strategic and financial products and services. The company bridges inbound and outbound investments and targets only long term investments with high potential value for its shareholders, partners and the community within which it operates.


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