Danaplaza Real Estate

Initially established as a division charged with meeting the real estate needs of Foodco LLC, the Real Estate Investment and Business Development section recognized further business opportunities in the market. Capitalizing on expertise gained in the field of property management, the division expanded its operation developing into a fully fledged subsidiary company with the purpose of providing services for third party commercial and residential investors. By 2011, and despite the economic downturn in the real estate sector, net profit from property investments reached a staggering AED 8.4 million, compared to AED 1.7 million profit achieved in 2002.