We are pleased to announced that Bashir Ahmad is appointed on the board of Marshall Eaton Holdings U.K. (ME holdings) as non executive Chairman of the group.
Bashir Ahmad, Non-Executive Chairman, commented,
"ME Developments is a tremendously exciting company. They have the skills and drive to become leaders in their field, and I am delighted to be part of the team to deliver much-needed housing across London and the Home Counties. I will be working with ME management team to take the company to the next level and create value for its clients, investors, staff and shareholders. I am very excited to be part of such an enthusiastic group of people!"
ME Developments has plans to expand across the Home Counties and outskirts of London, benefitting from a buoyant residential property market. This market activity has increased the availability of innovative funding available from institutions and international investors who recognise the opportunity in the UK's residential property sector.
The company has plans to build over 1,000 houses and apartments over the next three years.
ME Developments is a vertically integrated developer with in-house construction, planning and design teams and its chain of estate agencies, all of whom will facilitate the expansion plans.
As part of the company's plans, it has formed a separate division, 'ME City', seeking to embark on a series of 200+ unit urban regeneration schemes working in tandem with landowners, shopping centre operators and local authorities. ME City will embark on a plan to revive and bring life back to high streets by combining commercial, residential, and leisure uses.
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