Masood Naseeb credited as the 24th Most Influential Person in Property by CEO Middle East magazine

 

April 14^th 2010, Dubai – elysian Group was today honoured with the announcement that their CEO Masood Naseeb was selected as one of CEO Middle East’s most influential CEO’s in their annual ratings. Naseeb is the youngest person ever to be included in the influential list which comprises of CEO’s from some of the largest Fortune 500 companies in the world.  

 

As one of the leading regional business titles, CEO Middle East unveils an eagerly anticipated list of the region's best performing executives each year. Chosen from companies headquartered in the region, the criteria used finds the business leaders who have displayed outstanding qualities from a variety of fields. Factors such as growth, brand impact, diversification and expansion were included in the criteria for this years judging. 

 

“It’s truly an honor to be recognized amongst these highly successful CEO’s in this year’s top 25 list,” commented Naseeb. “It’s encouraging to see that although our company is relatively new compared to some mentioned in the list, our impact on the market has not gone unnoticed. We are proud to be representing the UAE and to be recognized for our efforts in establishing the regions real estate market as one of the most credible and prominent markets in the world,” Naseeb concluded. 

 

A Canadian national born in Afghanistan, Naseeb moved with his family to Canada in his youth where he remained until completing his higher education. After graduating with honors from the University of Windsor in Canada with a bachelors degree in Business and Economics, Naseeb went on to obtain his Canadian Property Management Certification from the Real Estate Institute of Canada.  

 

After working in Canada specializing in acquisitions in Dubai, Naseeb saw the potential and growth of the UAE market and moved to reside in Dubai permanently. In 2006 Naseeb founded elysian Real Estate with its head office located in Dubai’s prominent Emaar Gold & Diamond Park on Sheikh Zayed Road. Beginning with a small team of brokers, Naseeb paid particular attention to detail in the property selected for their portfolio and his team’s management of client relations. After expanding the real estate team exponentially over the first year of operation to meet the demands of the market, Naseeb began to look overseas for lucrative investments to offer their clients.  

 

Focusing on emerging markets, Naseeb found the demand for these offshore investments was high. In 2008 he opened elysian International, a division of the company specifically responsible for managing overseas real estate investments. With the introduction of a new division, Naseeb renamed the mother company to elysian Group with elysian Real Estate and elysian International as subsidiaries each with their own experienced director, bringing the number of directors reporting directly to him up to 5. Naseebs ability to diversify and experience with the global market saw his company remain profitable throughout Dubai’s economic instability. By the end of 2009, Naseeb was responsible for 200 staff throughout 3 different countries, 100 of them in the UAE alone. 

 

Over the years elysian has established itself as the trusted partner of choice for real estate investment. With offices and affiliations in the UAE, Spain, Afghanistan, Brazil, UK and China, elysian offers an extensive portfolio of properties across the globe to a diverse clientele of local and international individuals, investors, corporations, developers and agencies. With a 900 million AED annual global turnover and an ever increasing portfolio and team of professionals committed to delivering excellence, elysian is growing from strength to strength. For further information, please contact elysian at +971 4 323 4545 or visit www.elysian-group.com .   

 

elysian Group - a group of companies headquartered in Dubai in the United Arab Emirates (UAE) which provide property and finance-related services - has confirmed encouraging results since introducing new international properties into the company’s property portfolio.

The group, which has traditionally specialised in the UAE property market, decided to expand into other property markets around the world in response to increasing client demand for geographical diversification. The decision to branch out into new global markets was also influenced by the decline in investment potential in the UAE late last year and to cover losses suffered in the UAE at the time and the declining value of the United States dollar.

The revenue generated by the elysian Group’s portfolio of properties outside the UAE now makes up 25% of the company’s income. The group is now receiving more property enquiries than ever before and has found the Brazilian property market to be the most popular location among potential investors.

"We strive to identify new markets around the globe on an ongoing basis so that our clients may benefit from the world’s emerging property hotspots," explains Mr. Masood Naseeb, the CEO of the elysian Group.

"We’ve found that Brazil is by far the most popular destination among property investors at the moment, and after careful research and due diligence, we’ve hand-picked what we believe to be one of the best investment opportunities in Brazil - the five star Lago Doce Beach Resort in Ceara which has been conceived with the holiday home, retirement and permanent home markets in mind.

"The Lago Doce Beach Resort is the first self-contained luxury resort of its kind in this area of Brazil’s north east coastline. It is ideally positioned to take advantage of the Brazilian property market, which is certain to grow in demand, not least due to the estimation by Reuters that 27 million new homes will be required in Brazil over the forthcoming years. This is largely due to the fact that financing has just become available, which means that millions more Brazilians can afford to buy property. Couple this with low unemployment levels and huge economic growth, and it becomes clear that this is one project which cannot be omitted from a healthy property investment portfolio."

As part of the company’s business growth strategy, the elysian Group now also includes commercial properties within its property portfolio and has set up a commercial department – developments which have accounted for a 10% increase in revenue. The group has also built upon the financial services which it offers to clients, including currency exchange services and overseas mortgages. Furthermore, the company has established a partnership with a leading provider of interior services – Indigo, and set up a department to handle marketing activities for property developers.

"As a result of our expansion, company profits are up, we have 30% more staff, new offices and further market opportunities available, including a property fund which is to be launched shortly to take advantage of great property prices," adds Mr. Naseeb.

"We’ve also been marketing to an international audience which has allowed us to generate enquiries from people who would previously never have contacted us. We remain in the top three real estate companies in Dubai and have substantially strengthened our position this year. We have just launched ‘elysian News’ so that people can stay up to date with the market we cover and have just registered our 120,000 the newsletter registrant. It’s obvious that there’s still huge interest in the world’s property markets and we’re here to help investors track down the best deals."

Masood Naseeb moved to Dubai after completing a BA (Honours) in Business and Economics and Business Administration at Canada’s prestigious University of Windsor in Ontario. He has a solid experience in international business and has held a directorship with a leading international company which has won over 29 American government contracts since Masood Naseeb joined the business.

Masood Naseeb moved into real estate after identifying a niche market, and is an investor himself, with a considerable property portfolio including villas throughout the Palm Jumeirah, and international property as far away as Brazil.

Within the space of less than three years, the elysian Group had already become the third largest real estate company in Dubai and the United Arab Emirates. Today Masood Naseeb’s goal is to turn the elysian Group into the most successful property business in the world based on investor returns and real estate transactions.

For those interested in finding out more, elysian Group have released a new interactive website where property buyers and investors can identify international, local, Dubai and Abu Dhabi properties. For more information, visit www.elysian-group.com

Last updated: 12 October 2009

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Images:

View over Lago Doce, the lake at the rear of the Lago Doce Beach Resort



Prism style residence at the Lago Doce Beach Resort



Grand Contemporary style residence at the Lago Doce Beach Resort



Grand Deco style residence at the Lago Doce Beach Resort



Two-storey villas at the Lago Doce Beach Resort