In the presence of Mr. Tawfiq Fakhouri, Executive Chairman of Al Eqbal Real Estate Development and Ms. Elaine Jones, Co-founder of Asteco Property Management, a collaboration agreement has been signed between the two parties for the sales of "Ritz-Carlton Residences" in Amman. Under this agreement, Asteco will be managing the sales of the Residences. 

The agreement has been signed by Mr. Emad Kilani, CEO of Al Eqbal Real Estate Development, developer of The Ritz-Carlton Hotel and Residencesin Amman, and Mr. Hussein Safadi, General Manager of "Asteco" Property Management in Jordan. 

Overlooking the incomparable and magnificent views of Amman from its 20-storey tower, The Ritz-Carlton Residences in Amman have a built-up area of approximately 51,000 sqm, ensuring the utmost satisfaction, catered to varied lifestyles and expectations. The property offers 90 private residences for purchase, each of which consists exclusively of master bedrooms. Ranging in size from one to four bedrooms and featuring two exclusive penthouses, The Residences offer full access to countless exceptional amenities and recreational facilities, such as an indoor swimming pool, fitness center, Owner’s lounge and boardroom. The Residences will also present unique destinations for entertainment, including a cinema and gaming room for children. Meanwhile, ensuring to offer the comforts that all homeowners crave, The Residences will also feature a convenience store, mailroom and ATM in the lobby, as well as electric car charging stations and designated visitors’ parking.

In this regard, Mr. Tawfiq Fakhouri has expressed his appreciation of signing this exclusive agreement, commending Asteco's regional and local expertise in real estate management and sales, and its outstanding performance and strong reputation in the sales management of major real estate projects in Jordan and the Arab Gulf region. He also noted that Al Eqbal is looking forward to achieving exceptional outcomes through this strategic partnership.  

On the other hand, Mr. Safadi has noted the importance of this strategic cooperationwith one of the most important real estate development companies in Jordan, and the significance of TheRitz-Carlton Residences in Amman. Safadi perceives this project to be one of the most important boosters of the national economy, as it presents a luxurious property crafted to the highest standards. Safadi has also noted that Asteco's branch in Jordan will be receiving full technical and logistic support from the branch of the parent company in Dubai, in order to provide the best real estate services for the Sales of the residences in Amman.