UAE - Mubasher: Dubai-based Ayana Holding has formed a joint venture with Florida’s Marsan Real Estate Group to set up a new project worth $1.6 billion in the US.
This partnership will enable Ayana to establish its presence in North America and Marsan to expand in other markets, according to a recent press release.
Located in Leesburg in Florida, BellaViva at Whispering Hills will include 5,500 luxury homes across 1,800 acres of pristine land, restaurants, shopping malls, a medical clinic, and a commercial space.
The Founder of Marsan Real Estate Group, Jean Marsan, said: "Although we are not aware of the sole reason for a continuing strong momentum in Florida’s housing market, we believe that a combination of factors including the Hispanic population boom, pro-economic government, and the reputation of being one of the top five tax-friendly states are at play as well."