Maguire & Co have successfully advised Penta Emirates Contracting LLC and Wynn Resorts & Casinos on mobilisation of Wynn logistics hub in Ras Al Khaimah.
Maguire & Co. have successfully advised Penta Emirates Contracting LLC and Wynn Resorts Las Vegas (Wynn Design and Development) on the successful mobilization of their logistics warehousing and hotel FF&E centre in Ras Al Khaimah, a key mechanism of their ambitious Casino and Hotel Development project on Al Marjan Island.
The hotel and casino project, which is set to transform Ras Al Khaimah into a major tourism and hospitality hub, adds to the growing importance of high quality logistics real estate in the GCC. By establishing a strategic logistics centre that supports the operational requirements of this large-scale development, this venture will significantly impact the region's infrastructure, driving growth in Ras Al Khaimah's logistics real estate sector.
As the GCC continues to witness increasing investment activity in logistics real estate, projects like this highlight a broader trend. The region is seeing growing demand for modern warehousing and distribution hubs, driven by strong economic diversification and trade initiatives. Governments across the GCC are prioritizing infrastructure development to boost efficiency, positioning logistics real estate as a key growth area in the region’s evolving economy.
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