Dubai Investments appoints new GM of PI

Dubai Investments, a major diversified investment company listed on the Dubai Financial Market, has announced the appointment of Rashid Abdulla Al-Haji as GM of Properties Investment LLC (PI), owned 70 percent by DIC and 30 percent by Union Properties, and engaged in investments and development of real estate projects across the UAE. 
Al-Haji, a UAE national, is responsible for overseeing the management of all high-value assets of PI as also sales, leasing, acquisition, facilities management, property management and valuation functions.
Khalid bin Kalban, MD and CEO of Dubai Investments, said: “Real estate forms a major chunk of Dubai Investments’ portfolio.
In view of the promising long-term growth trends in the sector, the company increased its stake in Dubai Investments to 70 percent last March, to support its business and upcoming projects.
With Rashid Al-Haji’s proven expertise in the real estate business landscape, Dubai Investments is confident of PI’s continued success amid the emerging opportunities.”
An industry expert with 24 years’ experience in property management, sales, and marketing and investment management, Al-Haji has earlier held senior management positions, including EVP-property and asset management at Deyaar Development PJSC, and sales and marketing manager at Dubai Investments Real Estate Company DIRC, a subsidiary of Dubai Investments, among others. 
A PhD in property and investment management from Lahaye Global University, Holland, Al-Haji has also successfully completed a number of training courses in sales and marketing and property management at leading educational institutions worldwide. 
Properties Investment’s portfolio includes the Green Community and Courtyard by Marriott at Dubai Investments Park. The company is currently developing the Green Community West Phase 3, offering a mix of residences encompassing 210 townhouses as well as 16 duplex apartments, as also retail and recreational areas.

Source: Arab News