Image via Financial Post
Last updated
Modon Holding: Partnership
Modon Holding (Abu Dhabi-based) partnered with Montage Hotels & Resorts to develop Montage Ras El Hekma, the first Montage resort in Egypt. This marks Montage's entry into Egypt and the beginning of a broader partnership with potential for further collaboration across Modon's destinations.
Source: Financial Post
The leadership read
Alliances like this can broaden the sector commercial leadership bench strength.
“This response reflects a broader shift in how people choose where to live. Buyers increasingly seek communities that combine quality homes with lifestyle, wellbeing and connectivity. At Modon, our focus is on creating integrated destinations that bring these elements together in a way that delivers enduring value for residents, investors and the wider city.”
“This strong demand reflects the growing global confidence in Abu Dhabi and the UAE, underpinned by the leadership's long-term vision, economic strength and commitment to sustainable development. It reinforces the emirate's position as one of the world's most attractive destinations for investment, talent and quality of life.”
Market context: Backdrop: a 111.1 (Hot) Talent Market Index (up 5.2 on the month) with EMEA activity easing (-4.4pts).
Modon Holding: 1 signal in the last 90 days; 0.1% of MitchelLake's EMEA signal flow.
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