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IHC's unit completes development of AED 260m Viceroy Hotel in Serbia

IHC's unit completes development of AED 260m Viceroy Hotel in Serbia
ESG has completed the development of Viceroy Hotel in Serbia
ESG
ESG
-2.11% 3.71 -0.08
IHC
ASMAK
0.08% 128.10 0.10

Abu Dhabi – Mubasher: Emirates Stallions Group (ESG), a subsidiary of International Holdings Company (IHC), has completed the development of AED 260 million Viceroy Hotel in Kopaonik in Serbia.

Emirates Stallions Group, dedicated to construction, development, and management of real estate, has offered the project development consulting services through its development arm, Royal Development Company (RDC), according to a press release on Wednesday.

Present in 20 markets, the company had assets of AED 537 million as of the end of the first quarter (Q1) of 2021.

The Chairman of ESG, Matar Suhail Al Yabhouni Al Dhaheri, said: "We have brought the company’s outstanding real estate development skills to the beautiful Viceroy Kopaonik in Serbia, and we look forward to more luxury development projects in the near future."