Latest news with #MaherSweid
ME Construction
10-07-2025
- Business
- ME Construction
Sweid & Sweid expands in Austin, Texas
Property Sweid & Sweid expands in Austin, Texas By With a presence in both the United Arab Emirates and the United States, Sweid & Sweid continues to serve as a bridge between regional development expertise and investment capital in the US Dubai-based Sweid & Sweid has completed its first phase of apartments at The Nelson, a 370-unit multifamily development nestled in the Austin, Texas submarket. With a presence in both the United Arab Emirates and the United States, Sweid & Sweid continues to serve as a bridge between regional development expertise and investment capital in the US, the firm said. 'Our activity in the US is a long-term strategic diversification play. We currently see great opportunities in both markets, albeit driven by different forces. In the US, the tight supply pipeline driven by high interest rates and low construction starts is predicted to create an acute shortage in the coming years,' said Maher Sweid, Managing Partner of Sweid & Sweid. 'In contrast, Dubai is witnessing a significant amount of oncoming supply, but the demand growth has been impressive and unprecedented.' For Sweid & Sweid, The Nelson represents the latest chapter in a growing portfolio of UAE and U.S. projects. With a track record of identifying opportunities in high-growth, economically diverse markets, the firm continues to expand its footprint across both countries. 'Ultimately, we believe that disciplined capital, applied at the right moments in the cycle to the right product, will continue to generate outsized returns,' added Sweid. Austin's real estate market is at a critical juncture. After years of rapid development, new construction in the city has slowed down considerably, while demand remains strong. According to CoStar, the first quarter saw the strongest absorption rate ever recorded, with 5,470 units sold. However, new construction starts have dropped to their lowest level since 2011, indicating a significant tightening in the supply pipeline.
Zawya
10-07-2025
- Business
- Zawya
Sweid & Sweid boosts US presence with 370-unit Texas project
Sweid & Sweid, the Dubai-based international real estate development and investment group, has announced completion of its first phase of apartments at The Nelson, a 370-unit multifamily development located in the thriving Austin, Texas submarket. The milestone comes at a pivotal time in Austin's real estate landscape, said the key developer. Following several years of elevated development activity, new construction in the city has slowed significantly, while demand remains resilient, it stated. According to CoStar, first-quarter absorption reached 5,470 units—the strongest first-quarter performance on record—while new construction starts dropped to their lowest level since 2011, signalling a substantial tightening in the supply pipeline. With a presence in both the UAE and US markets, Sweid & Sweid continues to serve as a conduit for delivering regional development expertise and investment capital to the US, which has historically been counter-cyclical to the UAE's market. "Our activity in the US is a long-term strategic diversification play. We currently see great opportunities in both markets, albeit driven by different forces. In the US, the tight supply pipeline driven by high interest rates and low construction starts is predicted to create an acute shortage in the coming years," said Maher Sweid, the Managing Partner of Sweid & Sweid. "In contrast, Dubai is witnessing a significant amount of oncoming supply, but the demand growth has been impressive and unprecedented," he added. For Sweid & Sweid, The Nelson represents the latest chapter in a growing portfolio of UAE and US projects. With a track record of identifying opportunities in high-growth, economically diverse markets, the firm continues to expand its footprint across both countries. "Ultimately, we believe that disciplined capital, applied at the right moments in the cycle to the right product, will continue to generate outsized returns," he added.- TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Zawya
08-07-2025
- Business
- Zawya
Sweid & Sweid expands U.S. presence with development in Austin, Texas
Dubai, United Arab Emirates: Sweid & Sweid, the Dubai-based international real estate development and investment group, has announced completion of its first phase of apartments at The Nelson, a 370-unit multifamily development located in the thriving Austin, Texas submarket. With a presence in both the UAE and U.S. markets, Sweid & Sweid continues to serve as a conduit for delivering regional development expertise and investment capital to the U.S., which has historically been counter-cyclical to the UAE's market. 'Our activity in the U.S. is a long-term strategic diversification play. We currently see great opportunities in both markets, albeit driven by different forces. In the U.S., the tight supply pipeline driven by high interest rates and low construction starts is predicted to create an acute shortage in the coming years,' said Maher Sweid, Managing Partner of Sweid & Sweid. 'In contrast, Dubai is witnessing a significant amount of oncoming supply, but the demand growth has been impressive and unprecedented.' The milestone comes at a pivotal time in Austin's real estate landscape. Following several years of elevated development activity, new construction in the city has slowed significantly, while demand remains resilient. According to CoStar, first-quarter absorption reached 5,470 units—the strongest first-quarter performance on record—while new construction starts dropped to their lowest level since 2011, signalling a substantial tightening in the supply pipeline. For Sweid & Sweid, The Nelson represents the latest chapter in a growing portfolio of UAE and U.S. projects. With a track record of identifying opportunities in high-growth, economically diverse markets, the firm continues to expand its footprint across both countries. 'Ultimately, we believe that disciplined capital, applied at the right moments in the cycle to the right product, will continue to generate outsized returns,' added Sweid.
Web Release
08-07-2025
- Business
- Web Release
Sweid & Sweid Expands U.S. Presence with Development in Austin, Texas.
Sweid & Sweid, the Dubai-based international real estate development and investment group, has announced completion of its first phase of apartments at The Nelson, a 370-unit multifamily development located in the thriving Austin, Texas submarket. With a presence in both the UAE and U.S. markets, Sweid & Sweid continues to serve as a conduit for delivering regional development expertise and investment capital to the U.S., which has historically been counter-cyclical to the UAE's market. 'Our activity in the U.S. is a long-term strategic diversification play. We currently see great opportunities in both markets, albeit driven by different forces. In the U.S., the tight supply pipeline driven by high interest rates and low construction starts is predicted to create an acute shortage in the coming years,' said Maher Sweid, Managing Partner of Sweid & Sweid. 'In contrast, Dubai is witnessing a significant amount of oncoming supply, but the demand growth has been impressive and unprecedented.' The milestone comes at a pivotal time in Austin's real estate landscape. Following several years of elevated development activity, new construction in the city has slowed significantly, while demand remains resilient. According to CoStar, first-quarter absorption reached 5,470 units—the strongest first-quarter performance on record—while new construction starts dropped to their lowest level since 2011, signalling a substantial tightening in the supply pipeline. For Sweid & Sweid, The Nelson represents the latest chapter in a growing portfolio of UAE and U.S. projects. With a track record of identifying opportunities in high-growth, economically diverse markets, the firm continues to expand its footprint across both countries. 'Ultimately, we believe that disciplined capital, applied at the right moments in the cycle to the right product, will continue to generate outsized returns,' added Sweid.
ME Construction
16-06-2025
- Business
- ME Construction
Dutco and Sweid & Sweid launch Terralogix logistics park
Infrastructure Dutco and Sweid & Sweid launch Terralogix logistics park By The project will serve as a pivotal node in Dubai's comprehensive supply chain infrastructure Dutco and Sweid & Sweid have announced the launch of Terralogix, said to be the emirate's largest privately-owned logistics park. The development, located in Warsan, Northern Dubai, aims to serve as a crucial node in Dubai's supply chain infrastructure. The 3.3mn sqft Terralogix reinforces Dubai's aspirations to become one of the top five Grade-A logistics hubs. Maher Sweid, Founder and Managing Partner of Sweid & Sweid commented, 'Terralogix will be developed by Dutco and Sweid & Sweid two UAE-based firms with strong heritage and established track records. The Dutco Group brings decades of expertise across many sectors including construction, hospitality, real estate, and oil and gas, while Sweid & Sweid is known for developing high quality, institutional-grade real estate assets. Together, we will be delivering Terralogix as a landmark project to spearhead the evolution of Dubai's industrial sector.' Nelson Gibb, CEO of Dutco Group added, 'As the Dubai Economic Agenda D33 accelerates toward its target of doubling the city's economy by 2033, logistics and trade sit at the heart of that vision. The project brings meaningful new capacity to a sector under pressure from surging demand and limited supply. With direct connectivity to major highways and immediate access to airports and seaports, Terralogix is well positioned to support businesses operating across the UAE and the wider region.' Terralogix stands out for its location and adaptability. As one of the few large scale logistics developments in Northern Dubai, it offers access to areas underserved by other logistics facilities primarily concentrated in Southern Dubai. The park's modular design and flexible leasing model empower tenants to scale, expand, or customise their facilities to precisely meet their needs. Phase One is currently underway and is expected to be completed in the third quarter of 2026, the statement concluded.
