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ACW Holdings Begins Construction at Jumeirah Village

DUBAI — ACW Holdings began construction of their Jumeirah Village developments with fencing and shoring planned to commence before the end of 2008.

Jumeirah Village represents a significant part of the developer’s portfolio with three developments in the district, Hanover Square, Kensington Manor and Knightsbridge Court.

ACW Holdings’ General Manager Ian Pask said, “The first property developments that we took to the market were in Jumeirah Village and it is an area that we expect to play an important role in Dubai. The scale and location of Jumeirah Village will make it one of the most vibrant residential and business communities specifically designed for people who live and work in Dubai. For these reasons and on behalf of our investors, we are very excited to begin construction of these developments and to be part of Jumeirah Village.”

ACW Holdings entered the UAE property market in 2005 with the launches of Knightsbridge Court and Kensington Manor in the UK market. The success of these developments influenced ACW Holdings’ investment-led approach to property and this strategy has resulted in a diverse property portfolio.