The Fifth Intel Capital company has won the bid to manage a 30-unit short-let apartment at the Dubai Expo 2020.
According to McKelvin Jude Oseh, the managing partner at Fifth Intel Capital “, this is a testament of resilience, sacrifice, and hard work”.
The bid has been on for over 3years, while some of the properties were still under development but scheduled for completion in 2020, to accommodate exhibitors and tourists during and post-Dubai Expo 2020 now 2021, due to Covid-19 pandemic; it was projected to increase access to affordable accommodation and presents new rental options to housing needs within the region, a project led by most of the foremost Real Estate developers in the UAE.
While Fifth Intel Capital’s consideration came as a surprise, they had to prove their competence by going through with the process, knowing the controversial narratives displayed towards Nigerians; biding for an International portfolio and asset management was quite challenging.
Fifth Intel Capital emergence was influenced by their deployment of new technology to unify multiple property management, in-depth marketing and communications skill, multicultural orientation, and employment model, one of which is ‘absorbing 90% of local workforce’ an approach Jude said to be “sustainable in strengthening business relations between both countries, contributing to creating jobs will increase opportunities for everyone”, a strategy the UAE government is amplifying efforts and investing towards with over $6.5billion plan to get more Emiratis into the private sector; a critical intervention more than ever, as the UAE host the world’s greatest show with 25million expected visits over the course of six months and up to 200 Nations bringing innovations to address global challenges and ultimately create a better world with the finest examples of human abilities.
Choosing Dubai as a destination to lead 75% of Fifth Intel Capital’s Real Estate investment, has presented the company with huge opportunities that everyone can benefit from, either by acquiring residential and commercial properties, or investing in assets that guarantee returns, as the company now have access to all the options and will continue to lead interested investors to make the right decision in a new territory.
While Fifth Intel appreciates everyone, who has helped thus far and to their partners in whom they are grateful for their support, this is proof of more businesses and opportunities ahead to broadening the horizon for a new generation to thrive; the world is indeed a global village and technology has brought us closer to achieve more together.
