Sobha Realty To Open Mayfair HQ & Studio

Sobha Realty is to open its new London HQ and Sobha Global Studio on Park Lane, Mayfair, on April 30.

The new base is being established to enable Sobha Realty to enter the UK property market, undertake joint ventures with real estate partners and drive UK sales for the group’s international projects. The company also has plans to list on the London Stock Exchange.

Sobha Realty, whose founder and Chairman is Omani billionaire PNC Menon, is a multinational premium real estate developer with current developments and investments in UAE, Oman, Bahrain, Brunei and India. Projects include the £3bn GDV flagship development Sobha Hartland in the centre of Dubai.

Tirthankar Ganguly, Chief Marketing Officer at Sobha Realty, says: “Other international developers visit London and hold temporary exhibitions but the locations, quality of presentation and customer journey can be hard to control. We are a luxury brand therefore we chose to acquire and construct a global studio on Mayfair’s world-renowned Park Lane, providing us with a prestigious and permanent brand and product presence in the heart of luxury London.”

While Sobha will undoubtedly benefit from a London presence from a sales point of view it will perhaps be even more interesting to see what development projects they might have in mind for the UK market.

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Source Sobha Realty
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