MIDDLE EASTERN PRE-LAUNCH PORTAL GOES LIVE

Date Added: Oct 21, 2008

Author: Manager Real Estates Directory

A new portal called Prelaunch.me has gone live, which will market developments across the GCC that are still in the early stages of planning and development.

Established initially to attract the large expat non-resident Indian (NRI) population around the world, the founders of Prelaunch.me believe that their offering will free developers from having to market their properties via roadshows and exhibitions as its name becomes synonymous with off-plan projects.

“Until now there has not been a single common online platform offering real estate investment opportunities, purely at the prelaunch phase,” said founder and CEO Karl Haddad. “This is a different category of investor, a niche in itself, and needs a different and targeted approach with a different financial lingo. Pre-launch is when all serious investors are looking to purchase to achieve the maximum return on equity (ROE). To emphasize, there are no re-sales, rentals, or post-launch sales that will be presented to investors. Pre-launch, nothing more, nothing less.”

Haddad said that only projects that his company believes will offer the highest ROE will be selected and is expecting a high-level of enquiries from NRI Gulf-investors that make up a reported 20% of all foreign buyers in the region.

Source: www.opp.org.uk