KASCO Group based in Dubai announced on Thursday a new subdivision called KASCO Developments, under real estate, that bears three residential projects worth 1.2 billion UAE Dirhams ($ 327 million) officially launching KASCO Developments in the market.
What comes next in the expansion of parent company activity in Dubai is the portfolio of Waves Tower by KASCO, KASCO Residence, KASCO Tower & Gulf Oasis.
KASCO Developments aims to develop and sell 1 million square feet of residential projects by 2025, ensuring that new exciting real estate concepts lateral and modern design practices, and technologies in the concerned field.
They stated that the business will expand to Business Bay and Al Jaddaf ‘in due course.’
“We want to design such sites which are motivational and enhance the way one lives. It is not just about luxury alone, but about building spaces where design, energy, and quality of life come together to create a delightful experience. We are transferring the principles of professionalism, reliability, and premium quality, which have always ruled the KASCO Group, to new opportunities, including real estate.” Commented Issa Abdul Rahman, CEO of KASCO Developments.
The company is aspirational to create and sell 1 million square feet of residential space by 2025, hence such more advanced forward-looking concepts of real estate would be adopted which would realize the modern interior designs as well as use technologically advanced methods to create new curves within the industry.