Page 176 - SOBHA REALTY QUARTERLY PR REPORT - JANUARY-MARCH 2024 (ENGLISH )
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3/4/24, 1:14 PM            Sobha Realty achieves all-time high sales in 2023 with record bookings of AED 15.5 Billion | UAE News 24/7
                   Furthermore, PNC Investments, the group’s holding company,
                   garnered credit ratings of ‘BB-‘from S&P Global Ratings and ‘Ba3’
                   from Moody’s in 2023, underscoring its substantial financial
                   strength. The developer’s historic USD 300 million Sukuk issuance
                   last year also demonstrated its capability to attract a wide range of
                   investors from across the globe. Another notable achievement was
                   the Guiness World Record for creating the ‘largest helmet mosaic
                   formed by people’ depicting the UAE flag.



                   During 2023, Sobha Realty witnessed a remarkable journey
                   marked by surging customer demand, fruitful collaborations, and
                   substantial sales, all of which helped the company attain
                   significant end-of-year milestones. The success not only reflects
                   the unwavering commitment of the developer towards excellence,
                   but also sets the stage for a promising future in the burgeoning
                   realm of luxury real estate in Dubai.



                   -ends-
























































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