redv Information

REDV is one of the leading public shareholding companies in the real estate development industry in Jordan. It is registered at the Ministry of Industry and Trade under No. (287) dated June 24, 1995. The company started its work in the Jordanian capital market with (4) million Jordanian dinars. Its capital rose in 2007 to (100) million Jordanian dinars and the company has become one of the largest companies working in the real estate development industry in Jordan. For the last few years, it has been building the infrastructure necessary to compete in the local and regional market, which has been witnessing solid growth in various sectors, especially in property and real estate. Iwan Housing merged with REDV as a subsidiary creating enduring strategies utilizing the development and construction expertise it is renowned for. REDV’s main mission is to contribute to the growth of both the local Jordanian and regional markets (i.e. Dubai) through delivering an assorted mix of profitable developments to both its investors and local communities. REDV has a solid shareholder structure with the ability to sustain and improve the stock liquidity and price level. REDV’s projects will be built according to the highest standards, with large returns to its shareholders, as well as cater to the needs of the local communities, in addition to tourists and businessmen. REDV seeks to expand its projects regionally in order to become a leading Jordanian player in the regional real estate sector. Through its commitment to develop opportunities for viable and premium projects, it will draw on the expertise and professionalism of its management to evaluate all investment opportunities in potential markets. REDV will also draw on the support, skills and expertise of Global Investment House and Arab East Investment Company, its strategic partners and main shareholders.