Mr. Biele Joins DPG's Dedicated Development Company with Nearly 30 years of Real Estate Experience in the Middle East and the US
Dubai - Dubai Properties Group (DPG), the property development arm of Dubai Holding, has announced the appointment of Charles Biele as CEO of Dubai Properties (DP). A veteran of the real estate industry, Mr. Biele has nearly 30 years of experience in all aspects of real estate development and operations in the US and the MENA region, including 8 years living and working in Dubai, Qatar, Libya, and Saudi Arabia. He will oversee all aspects of the company with particular focus on the company's strategy and business development in order to deliver an integrated, end-to-end real estate development solution for the group.
Mr. Biele's real estate experience covers a broad spectrum of developments from mixed-use master planned communities to iconic destination projects with end-to-end experience in all stages of development from project conceptualization to financial underwriting, design, construction, sales and marketing, operations, asset management and divestiture.
The news follows the recent restructure which saw DPG transition into a holding company overseeing three dedicated companies responsible for project development, portfolio management and asset management. Under its new remit, DP is responsible for the design, development, sales and handover of DPG's retail, commercial, residential and mixed-use projects to meet the needs of Dubai's growing population.
Commenting on the appointment, Khalid Al Malik, Group CEO of DPG said: "Mr. Biele joins DP at a very important time, following strong sales successes from recent projects including Remraam, Bay Square, Mudon and Manazal AlKhor. With his extensive real estate and management experience here in the region and globally, I have no doubt that Charles will be instrumental in spearheading DP's growth and vision to support Dubai's growing real estate industry by launching new projects that provide strong investment opportunities across every sector."
New CEO Charles Biele added: "I am very pleased to be joining one of Dubai's leading real estate developers at this crucial point in the company's growth and development phase. DP's mandate is to create world class lifestyle communities and destinations that enrich the lives of our customers and residents, and my aim will be to ensure we continue delivering on this strategy to create a sustainable business which contributes to the long-term vision of Dubai."
Mr Biele holds a Bachelor of Science in Civil Engineering and a Masters of Business Administration in Finance from Virginia Tech in the United States. He has also developed a limited proficiency in reading, writing and speaking Arabic.
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About Dubai Properties Group
Dubai Properties Group (DPG) is a member of Dubai Holding and master developer of world class destinations that support the long-term development of Dubai including Business Bay, DUBAILAND, The Walk at JBR and Culture Village.
DPG develops and manages properties, communities and destinations, whilst offering end-to-end property related services including project development, portfolio management and asset management through its business units DP, Masat and Ejadah.
Dubai Properties (DP) is responsible for developing DPG's BTS (built to sell) portfolio including project development, sales and customer service and handover management. Masat handles BTL (built to lease) portfolio management across DPG's destinations and districts, including land leases and retail and mall management. Leading asset management company Ejadah provides facilities management, property management and security solutions for the public and private sector.
DPG invests in its communities to improve the lives of Dubai's residents and visitors, focusing on the creation of a broad range of quality properties in which to live, work, play and shop. DPG aspires to become the best partner in providing a reliable service through the creation of quality, value for money lifestyles, and by creating a world class organization that offers a wealth of industry knowledge and expertise. Please visit http://dpg.ae for additional information.
About Dubai Properties (DP)
Dubai Properties (DP), a member of Dubai Properties Group (DPG), is the Development Company responsible for delivering an integrated, end-to-end project development solution for the Group including project development, sales and customer service and handover management.
Dubai Properties (DP) oversees the development of several projects including DUBAILAND's Mudon, and Maram Residences in the Burj Khalifa District, in addition to Manazal Al Khor, the city's first creek-side residence located in Culture Village. The DP company structure includes dedicated departments responsible for sales, marketing, engineering and business development.
For further information please contact:
DPG PR Team
Angelina Hedra at Weber Shandwick
Tel: +971 4 445 4222
E-mail: dpg.pr@webershandwick.com
Or
Lina Zain Al Din
Senior Manager, PR and Media Relations
Dubai Properties Group
Tel: +971 4 4352042
E-mail: Lina.ZainAldin@dubaipropertiesgroup.ae
© Press Release 2014
