DAMAC Owner Hussain Sajwani Talks About Possible Ownership Share Liquidation

DAMAC Properties holds a big empire in downtown Dubai in the UAE, and that’s a long way from the small holdings and catering company it was originally. Hussain Sajwani, the chairman and CEO of the company has amassed billions in revenue over the years, and with the size the company has grown to he told a group of CNBC reporters at the World Economic Forum that he was likely to sell a small percentage of the ownership shares for the right price. DAMAC has also seen its stock retain steady growth on the various exchanges, and Sajwani also told the reporters he’s become excited about the opening of the Trump International Golf Club and how it’s performed.

The Hussain Sajwani family legacy began with a trade shop in Deira where young Sajwani first learned business as a child. His professional career started after he finished his bachelor’s degree and then worked in contracts management for an oil company for a few years. His catering business was started in 1982 and it served many wealthy hotel and business owners and even government agencies. Even as Sajwani sought to grow his business into more, he continued to keep the catering company rolling and considers it to be one of the most important services at his hotel properties. But in the mid 1990s he realized Dubai’s hospitality and real estate market was about to explode, so he started buying up properties as mentioned in a post from akhbarak.net.

DAMAC Properties was officially founded in 2002 though some of its subsidiaries like Al Anwar Ceramic Tiles had already been purchased by Hussain Sajwani, the DAMAC owner, several years earlier. The first properties to hit the market were condos at Marina Terrace and a group of high rise buildings at Park Towers in the Dubai financial district. The returns Sajwani gained on these properties allowed him to have funds set aside in escrow that he used to help pull through the 2008 crisis. Coming out of that crisis has been one of DAMAC’s strongest expansion periods with projects completed like AKOYA Oxygen and resorts in partnership with the Trump Organization. Hussain Sajwani also established DICO Investments, a private equity firm, and his philanthropy contributions include supporting the One Million Arab Coders initiative and the Red Crescent organization.

The original source: http://www.aleqt.com/2013/07/24/article_772729.html

Jose AuriemoNeto and JHSF, Movers and Shakers in Brazil’s Real Estate Industry

JHSF operates with much success in Brazil. The company, under the leadership of Jose Neto, has undertaken successful expansion plans that have made it more competitive. The company, which begun its operations in 1972, develops residential property in Brazil. Indeed, there are commercial projects also undertaken by JHSF. International airports hotel business and Shopping malls are developments undertaken by JHSF.

JHSF

JHSF has its headquarters in Salvador. It operates in other cities such as Manaus and Sao Paulo. Jose Auriemo Neto’s plan of expansion has seen the company venture into the hotel business. The company also has a piece of the shopping mall business. Neto, in 2006, secured partnership with CPIC, Santa Cruz, SAES and Vista as a growth strategy. The acquisition of Hotel Fasano was a diversification strategy for the company. It started with the acquisition of the company’s majority shares before it was bought in its entirety. JHSF also went on to acquire all of Hotel Fasano’s chains. This maneuver, which cost ’53 million reais’, put JHSF in contention for the hotel industry business.

Jose AuriemoNeto

Jose Neto is JHSF’s chief executive. In this position he is responsible for strategic planning and oversight of development projects. Neto also sits in the board where he has successfully defended his plans and particularly his diversification agenda. There has been growth under Jose Neto’s leadership as is evidenced by Sao Paulo’s CidadaJardim and other complexes like the Metro Tucuruv. The Ponta Negra complex is also another highlight of his leadership. Another Manaus based complex he is responsible for overseeing is the Bel Vista complex. Through these property developments, the company’s portfolio has grown tremendously.

Education

The ‘Fundacao Armando AlvaresPanteado (FAAP) University’ is notorious for educating many Brazilian achievers and Neto is no exception. In 1993, Neto started working for JHSF and rose to the position of board member in 1999. In this position he advocated for diversification of the company’s business and soon launched his parkbem project. Upon the success of this project, the board sanctioned the diversification plan which has so far catapulted the company to success in other industries other than real estate.

 

Arthur Becker; An Exceptional Entrepreneurial Mind

Arthur Becker currently serves as the manager at Madison Partners LLC. The firm primarily majors on ventures in the property development sectors as well as nurturing biotechnology start-ups into fully-fledged corporate institutions. Arthur has several prominent organizations in his work portfolio. For here years, he was the boss at an internationally acclaimed news outlet, ZINIO. Before joining ZINIO, Becker was in charge of the NaviSite Corporation, an establishment that is listed on NASDAQ. Under his leadership, NaviSite spread widely across the globe, becoming one of the leaders in the fiercely competitive cloud computing niche.

The idea of Madison Partners was incepted when Arthur was working at ZINIO. Following the sale of NaviSite late in 2011, Becker decided to reinvest the funds raised in housing projects. He developed estates in New York and Miami. Also, he intermingled with biotech companies and became fascinated with how the industry combined entrepreneurial exploits with assisting people in a seamless manner.

The typical day of Arthur Becker is rather peculiar, as he does not maintain a strict schedule like other top executives. Therefore, his days are quite flexible. As of the moment, Arthur is working on a project in the Sullivan suburb of New York as well as luxurious villas in Tribeca.

Arthur is comfortable when working with people he respects. The various stages of property development amaze Arthur considerably. He revealed that he is most effective while overseeing top professionals. The evolving trends in the cancer research world also fascinate Arthur, though he does not possess in-depth knowledge on the subject.

In his career as an entrepreneur, the biggest dilemma Arthur has faced is balancing passion and critical thinking. Most people are often blinded by passion to the point that they forget about critical thinking. For this reason, Arthur recommends considering both sides of the coin before proceeding. Additionally, Becker has noted that successful businesses are often built on close relationships between executive and lower tier employees. More details can be found on Crunchbase.com.

As a successful businessperson, Arthur maintains flexibility and strives to remain informed by hearing out relevant parties. Another key to prosperity is identifying exceptional individuals, then honing their talent and finally leaving the ability to express itself.

You can visit his website arthurbeckerstudio.com

Click here: http://www.huffingtonpost.com/2012/07/11/vera-wang-arthur-becker-separate-_n_1664277.html