Brazil’s real estate industry has developed in recent years. Over the past few months, there has been an increase in viable investments in infrastructure including the expansion of ports, energy projects, as well as roads. Following the mentioned investments, parceling land projects have increased. The city of Sao Paulo, in particular, has undergone a major real estate boom following the retail opportunities. Different projects have attracted investors such as Hussain Sajwani who is prominent for establishing DAMAC Properties.
When Sajwani the DAMAC owner founded DAMAC Properties, his goal was revolutionizing the industry by providing luxurious properties. It’s an objective he’s achieved. Not only has Sajwani transformed the real estate sector but also ensured that the firm which caters for thousands of clients has a strong footprint across the world. Under his guidance, Hussain Sajwani the DAMAC owner has developed unmatched glamorous properties in various states including the United Kingdom, and the Middle East.
Since delving into the real estate development, Hussain Sajwani, the DAMAC owner, has committed to developing some of the world’s most iconic residential and commercial properties including London’s AYKON London One through two principal subsidiaries including Nine Elms and DAMAC Properties. The firm also partnered with the government of Omani to establish the state’s tourist port thereby adding to its trademark.
Early Life and Career
Although successful, Hussain Sajwani was raised in a humble background. He grew up in the Middle East and worked in his father’s shop. He learned how to manage the business at a tender age. Sajwani, the DAMAC owner, aspired to own a business. But, he joined a medical school in his town before quitting to pursue economics from Washington University. Sajwani would later find a job at an oil and gas company called GASCO. He served as the contracts manager. Being visionary, Sajwani quit starting a business that provided food catering services to about 10,000 clients per month. His business flourished thereby allowing him to venture into various businesses. He built DAMAC Properties in 2002. Today, he has strong entrepreneurial networks with President Donald Trump and Tiger Woods among other billionaires.