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Developer |
Royal Montenegro Grand Resort is being
developed with strong partnership between Joud Real Estate
Funds and Monte-Mena. Joud Funds have an impressive track
record with USD 450 million in capital commitments and
highly lucrative investments in a number of projects that
span the MENA region and Montenegro. Since 2006, the Joud
Funds have invested in over 35 development and construction
projects encompassing a land bank of over 14 million/m2.
These projects are developed with a number of the region's
top developers including Orascom Hotels and Development
(OHD), Bayti of Morocco, Sukouk in Jordan, Rooya in Egypt
and Monte-Mena in Montenegro. Joud Funds are managed by
Osoul Fund Management, which has a vast experience in
sourcing, structuring, negotiating and closing deals successfully
by capitalizing on solid partnerships with internationally
renowned financial, legal and auditing firms including:
HSBC, KPMG and Ernst and Young.
Osoul Group (OG) was established in 2005 and has grown
into one of the most successful residential, leisure and
commercial developers in the Middle East and North Africa
region.
The company's portfolio includes properties spread across
five counties. By partnering with world renowned contractors,
architects and designers, OG aims to develop properties
that are located in the most desirable and exclusive locations.
Monte-Mena started operations in 2007 as part of the Osoul
Group family of companies, it focuses on high-end tourist
resorts and residential complexes concentrated along coastal
areas of Montenegro. Monte-Mena projects include Villas,
condominiums, hotels, and restaurants. The most prominent
project is Skocidjevojka, a historical site which will
become a landmark in Montenegro.
Rooya Rooya is established by the Arch. Hisham Shoukry
who has a distinguished track record in Egypt focusing
on high-end tourist resorts and residential complexes
concentrated along coastal areas of Red and Mediterranean
seas and lately a high-end recognized compound in Cairo.
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