Who are the buyers? Where is the capital coming from? Hotspots for attractive returns?
Amr El Nady Executive Vice President, Global Hotels Desk & Head of Hotels & Hospitality MEA – JLL
Amr El Nady
Executive Vice President, Global Hotels Desk & Head of Hotels & Hospitality MEA – JLL
As Head of Hotels & Hospitality, Amr has overall responsibility for the strategic direction and growth of JLL’s hotel business in the Middle East and North Africa. Amr is also an integral part of the Global Hotel Desk Team and is currently involved in a wide range of hotel advisory and hotel investment sale instructions for single assets and portfolio transactions, with a focus on cross-border investment activities primarily from the Middle East. In addition, Amr also provides hotel investment services to private and institutional investors across the Middle East region.
Amr has 12 years’ experience within the hospitality industry. He has been involved in numerous assignments including Market and Financial Feasibility Studies, Operator Search and Selection, Strategic Development Advice and Investment Sale Instructions.
Amr also worked in JLL’s Hotels and Hospitality Team and Northern European Investment Sales Team based in London, UK, where he was heavily involved in sale mandates for a number of single, trophy and portfolio assets across the United Kingdom and Northern Europe.
Sanjeev Agarwala Group Chief Operating Officer – AL HABTOOR GROUP LLC
Group Chief Operating Officer – AL HABTOOR GROUP LLC
Sanjeev Agarwala is the Group Chief Operating Officer of Al Habtoor Group (AHG).
He is a member of the Group Executive Committee and board member of AHG’s Hospitality, Real Estate, Education, Car leasing and Audit divisions.
Managing a multibillion-dollar real estate portfolio comprising 2,000 luxury lifestyle residential units in the UAE — and over 700,000 sq ft of commercial and retail space in the emirates and abroad — Mr Agarwala is responsible for structuring Al Habtoor Real Estate and all its operational aspects including sales, leasing and facility management. He also oversees AHG’s investment and acquisitions in real estate and hospitality.
Among his key achievements is the record-breaking transition of four hotels under the Habtoor Hospitality portfolio, from Marriott International management to Hilton, devised and guided by him.
In 2016, Mr Agarwala was Chief Strategy Officer at Meraas Holding. Joining Meraas as Vice-President of Funding and Investments in 2014, he looked after funding for mega projects such as Dubai Parks, Blue Waters, La Mer, Al Seef, and Bvlgari Hotel. He was instrumental in leading the IPO and Rights Issue of Dubai Parks, and in various other syndicated loans and raising of private equity.
Prior to that, Mr Agarwala held executive positions such as Group CFO, and Director of Strategy & Business Development for 17 years at Al Habtoor Group, besides key positions in Habtoor Hospitality. He started his career at ITC Limited in India and later worked for Sarova Hotels in Kenya.
An industry veteran with over 30 years of experience, Mr Agarwala’s core strengths include fund raising in equity and debt capital markets, private equity, investments, derivatives, as well as mergers and acquisitions. He has a proven track record of leveraging his financial and accounting skills to develop and implement business strategies successfully.
His excellent relationships with local, regional and international commercial and investment banks provide a value-add.
Mr Agarwala holds a bachelor’s degree in Commerce from St. Xavier’s College in Mumbai, India. He is a Fellow Chartered Accountant in India, Certified Public Accountant in the United States, a public speaker and erstwhile faculty member at Becker CPA in Dubai Knowledge Village.
Fardan Al Fardan Principal – Al Fardan Investments Ltd.
Fardan Al Fardan
Principal – Al Fardan Investments Ltd.
Ali Hossain Director Strategic Investments – Select Group
Director Strategic Investments – Select Group
Ali is Director of Strategic Investments at Select Group, a multi-disciplinary development and investment company headquartered out of Dubai. Established in 2002 and with a portfolio spanning 20 million ft² and 10,500 homes (over 7,000 of which have been delivered), it is one of the leading privately-owned real estate developers in the region.
His focus is to identify and negotiate opportunities that capitalize on the core competencies and execution capabilities of the Group and provide the potential to obtain superior risk-adjusted returns.
Through this approach, the Group has deployed substantial proprietary capital via on and off market transactions in the UK, Germany, and the UAE into strategies ranging from forward purchases and forward funding to ground-up development and complex multi-stage joint ventures across the residential, commercial and hospitality sectors.