Tuesday, 10 October 2017

Greek Marble Initiative | Meeting with DAMAC

Left to right: Mr. Stavros Muronidis, Founder and CEO of Myro Antiques House
and Group shaking hands with Mr. Mohamed Elmenshawy, Relationship Manager
of DAMAC Properties, and, Mr. Athanasios Iordanidis, Managing Director at Cyclos LTD
Last week Mr . Stavros Muronidis, Founder and CEO of Myró Antiques House and the Greek Marble Initiative had the opportunity to present the projects of the Initiative to Mr. Mohamed Elmenshawy, Relationship Manager of DAMAC Properties, one of the most prominent property development companies of Dubai, in the United Arab Emirates, with a significant presence all over the world. The two men engaged in talks on possible scenarios the Greek Marble Initiative Investments and Business section could serve under the insightful questions Mr. Elmenshawy in a business meeting which took place in Thessaloniki, Greece.  Present in the meeting was Mr. Athanasios Iordanidis, Managing Director at Cyclos LTD, the representative respectively of Greek Marble Initiative in UAE and the Middle East.

DAMAC Properties has completed a number of residential, commercial and mixed-use projects across Dubai, Abu Dhabi, Qatar and the Kingdom of Saudi Arabia, with more in progress in those regions as well as Jordan, Lebanon and the United Kingdom.  The Company has also released two master developments in Dubai, totaling nearly 100 million square feet between them. DAMAC Hills (formerly AKOYA by DAMAC) centres around Beverly Hills-style living on The Drive, and the championship-standard Trump International Golf Club Dubai with a mix of horizontal and vertical community living. Trump International Golf Club Dubai was opened in February 2017 by guests of honour Donald Trump Jr and Eric Trump. The second development, AKOYA Oxygen, boasts another world-class course by Tiger Woods Design, the Trump World Golf Club Dubai.It is also home to The Dubai Rainforest and Vista Lux, a retail, dining and entertainment destination. DAMAC Properties was established in 2002, and is part of the DAMAC Group, formed in 1992, by Hussain Sajwani, the owner and chairman.  In January 2015, DAMAC Properties listed on the Dubai Financial Market (DFM), its home market exchange, after in December 2013, DAMAC was the first real estate company from the Middle East to list on the London Stock Exchange through a global depository receipts programme, which raised US$379 million in the form of an IPO.

Partial view of the Greek Marble Initiative sculpture part in Thessaloniki, Greece, on the grounds the international
symposium of contemporary art in marble takes place. Within the Initiative's premises more than
400 sculptures have been created within the last 4 years.
Greek Marble Initiative, a platform connecting Greek and worldwide renowned marble sculptors,  organizes one of the biggest symposiums in marble sculpture in the world, and many smaller events. Here we present the potential of smaller organizations and related events in terms of outcome, as an investment and/or a business proposal delivering multiple benefits. Our presentation is focusing on Modules which deliver a different outcome to serve your requirements in the best way. However, some of these modules can be combined, many of them can be materialized in a linear manner as stages of the same project. Furthermore, some of the stages can be implemented in parallel, in the same time. Greek Marble Initiative associated sculptors deliver high quality original sculpture, no matter how senior they are; the overall cost of each module, however, is affected by signature, and dimensions of the sculptures. Greek Marble Initiative is the offspring of elective affinities with the Arts industry and markets established the last 15 years with Arts and Antiques markets worldwide by Myró Antiques House. In 2013 Stavros Muronidis with the support of his associates and the contribution of collectors and benefactors, set forth to materialize the reviving of international interest on the Greek marble and the marble sculpture. An innovative approach, based not only on the organization of Symposiums internationally renowned marble and bronze sculptors of today, but more on a function of a worldwide platform of co-operation leads to the fulfillment of a greater vision. This is the vision of uniting different cultures in the base of Arts and to provide ways through Arts and Culture to communicate and extent relief efforts through various activities. The Initiative, apart of organizing International Symposiums, is a platform generating exhibitions, events and other activities to promote its vision, to provide and to promote its unique content. Now, four years later 400 sculptures have been created, within two international Symposiums organizations, while we sport 36 associate sculptors and more than a hundred affiliates.

Since the founding of Myró Antiques House Stavros Muronidis has set an ecosystem sporting several different lines of business, focusing in antiques and arts,  propounding creativity and development in times of crisis.  The group serves consistently with top quality the antiques & arts market since 1996, initially through antique shops in the center of Thessaloniki (the second largest city of Greece) and from May 2009 and on, at its current facilities on a mountainous plateau gifted with a clear view of Mount Olympus. The company building, a 1100 square meters mansion, functions a cultural center, arts gallery and auctions house, while its premises are the field of creation and the repository of the sculptures created by the Symposiums of the Greek Marble Initiative platform which it accommodates and has founded. Myró Antiques House is an established preferred Auctions institution in Greece, which, apart from his own international events, organizes auction events for other significant parties, such as the Macedonian Museum of Contemporary Arts.  Within the operations of Myrό Group fall the establishment of Myrό Gallery of Contemporary Art (2010),  the organization of “Arts & Antiques Fair” (2012) , the Greek Marble Initiative (2013), and Management of Greek Islands for sale / Real Estate services (2013). Please note that Myrό Group is the first Greek company specialized in auctioning and selling Greek islands available for sale. Several Greek islands are currently available, while our company creates a “safety net” and solves every matter/procedure affects drastically both parties -the seller and the investor, lifting any bureaucratic or other barrier with a team of extensive law & property expertise. The economic crisis may lead to the sale of important pieces of Greek land, but to ensure the performance of the value of the property and the profit that can be delivered, are prerequisites for auspicious future citizens of our country.

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