| From Propertywire.com: Dubai developer Damac properties is closing four offices in the UK and Ireland and unveiling a new corporate identity as the firm repositions itself within the world property market.The developer's offices in Dublin, Glasgow, Southampton and Birmingham will all be closed and their workload consolidated into expanded showrooms in Manchester, Leicester, and Chiswick and Canary Wharf in London, the company confirmed.It is planning to continue growing its presence in Europe and expects to boost its UK sales staff by 40% to meet additional demand. It is also looking for new headquarters in London as it is growing out of its existing Canary Wharf headquarters, CEO Peter Riddoch said.
'This new structure will create more opportunities and better career progression within the organisation and will allow us to align ourselves to Damac's global business model. Our new offices will have 30 to 40 sales staff to cater for the growing number of investors,' he added.Along with the re-positioning comes a new brand which will be unveiled on the company's website next week. It focuses on luxury and quality.'We are expanding aggressively into new markets and are growing at a very fast pace. We are associated with luxurious high quality construction and unique properties. Our new corporate identity is a significant step forward and the beginning of a new journey which will lead us to the top,' said Riddoch..... Full Article: Source
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