Modon, Candy Capital announce JV partnership in ultra-luxury real estate

emirates7 - Modon Holding and Candy Capital have announced a landmark joint venture aimed at elevating the ultra-luxury real estate sector in the UAE, the Middle East, and beyond.

United by a shared vision of excellence, the partnership intends to establish new standards in design, quality, and luxury living through the creation of world-class developments tailored for a global clientele with discerning tastes.

The joint venture will focus on a portfolio of exceptional real estate projects, including high-end residential, commercial, and hospitality developments. These will be strategically located in key Middle Eastern markets, with plans for further expansion into major cities around the world.

This collaboration combines Candy Capital’s creative vision and unmatched expertise in ultra-luxury real estate with Modon’s robust development and operational capabilities, as well as financial strength. Together, they aim to iconic projects that redefine the future of luxury real estate, solidifying their leadership in the global property market.

Jassim Mohammed Buataba Al Zaabi, Chairman of Modon Holding, expressed excitement about the partnership, stating, “We are thrilled to announce our strategic collaboration with Candy Capital. This marks another significant milestone for Modon as we join forces with a leader in luxury real estate.”

Nick Candy, CEO of Candy Capital, added, “This partnership is a significant step for both Modon and Candy Capital, aligning with our shared 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 globally.”

Bill O’Regan, Group CEO of Modon, emphasized, “We are committed to creating exceptional living experiences that integrate innovation, sustainability, and elegance. This collaboration will enhance our portfolio and set new benchmarks in the luxury real estate market.”