Modon Holding And Candy Capital Launch Joint Venture To Transform Ultra-Luxury Real Estate Landscape

Modon Holding and Candy Capital have announced a significant joint venture to enhance the ultra-luxury real estate sector in the UAE, Middle East, and beyond. This partnership aims to establish new standards in design, quality, and luxury living by developing world-class projects for a discerning global clientele.

The joint venture will focus on creating exceptional real estate developments, including upscale residential, commercial, and hospitality projects. These will be strategically positioned in key Middle Eastern markets with plans for future expansion into other major cities worldwide.

This collaboration merges Candy Capital’s creative vision and expertise in ultra-luxury real estate with Modon’s strong development capabilities and financial strength. Together, they aim to create landmark developments that represent the future of luxury real estate, reinforcing their leadership in the global property market.

Jassim Mohammed Buataba Al Zaabi, Chairman of Modon Holding, expressed enthusiasm about the partnership with Candy Capital. He stated, "We are excited to announce our strategic partnership with Candy Capital. This collaboration marks another milestone for Modon, as we join forces with a leader in luxury real estate."

Nick Candy, CEO of Candy Capital, highlighted the importance of this partnership for both companies. He remarked, "This partnership marks a significant milestone for both Modon and Candy Capital, reflecting a shared long-term vision for growth, innovation, and excellence in the ultra-luxury sector. We look forward to creating iconic developments with Modon that will redefine luxury living on a global scale."

Bill O’Regan, Group CEO of Modon, emphasized their commitment to creating unique living experiences that integrate innovation, sustainability, and elegance. He added that this partnership would not only enhance their portfolio but also set new standards in the luxury real estate market.

The collaboration between Modon Holding and Candy Capital is poised to transform the landscape of luxury real estate. By combining their strengths and expertise, they aim to deliver unparalleled projects that cater to an elite clientele while setting new benchmarks in the industry.

With inputs from WAM