Latest news with #SkyhillsAstra
Arabian Business
23-04-2025
- Business
- Arabian Business
HRE Development, Econetix join forces on Earth Day to transform UAE real estate sustainability
HRE Development has announced a partnership with global carbon asset manager Econetix to launch net-zero initiatives in the real estate sector. To address unavoidable emissions, HRE will invest in high-quality carbon projects capable of removing 1 million tons of CO 2 from the atmosphere. HRE Development's net-zero push These projects are also aimed at uplifting local communities and supporting educational opportunities for children in need, reinforcing HRE's holistic approach to sustainability, the company said. Central to this initiative is HRE's recently launched Skyhills Astra project, unveiled as a symbol of HRE's dedication to eco-conscious construction. The company claimed that the project is one of the UAE's first net-zero building developments, and will combine innovative design, sustainable materials, and real climate impact. View this post on Instagram A post shared by HRE Development – اتش ار اي للتطوير (@hredevelopment) 'This Earth Day represents a milestone for HRE Development as we embark on our most ambitious journey yet,' said Wissam Breidy, CEO of HRE Development. 'Our partnership with Econetix reflects our deep commitment to going beyond construction and building with purpose. We are constructing a legacy for future generations, blending innovation, responsibility, and measurable climate impact,' he said. Econetix, with its expertise in guiding governments and multinational corporations toward net-zero goals, viewed this collaboration as a game-changer for one of the most carbon-intensive industries globally. 'HRE's decisive actions challenge existing norms and set a new example for real estate companies everywhere,' said Jakob Zenz, Founder of Econetix.
Khaleej Times
23-04-2025
- Business
- Khaleej Times
HRE Development, Econetix unveil UAE's first net-zero real estate initiative on Earth Day
HRE Development has announced a groundbreaking partnership with global carbon asset manager Econetix to take sustainable development in the UAE to the next level - just in time for Earth Day. This collaboration positions HRE as the nation's first green real estate company, setting a new net-zero standard and demonstrating a commitment to environmental and social impact. Central to this initiative is the recently launched Skyhills Astra project, unveiled as a symbol of HRE's dedication to eco-conscious construction. Combining innovative design, sustainable materials, and real climate impact, the project is one of the UAE's first net-zero building developments. To address unavoidable emissions, HRE will invest in high-quality carbon projects capable of removing one million tons of CO 2 from the atmosphere. These projects also uplift local communities and support educational opportunities for children in need, reinforcing HRE's holistic approach to sustainability. "This Earth Day represents a milestone for HRE Development as we embark on our most ambitious journey yet," said Wissam Breidy, CEO of HRE Development. "Our partnership with Econetix reflects our deep commitment to going beyond construction and building with purpose. We are constructing a legacy for future generations, blending innovation, responsibility, and measurable climate impact." Econetix, with its expertise in guiding governments and multinational corporations toward net-zero goals, views this collaboration as a game changer for one of the most carbon-intensive industries globally. "HRE's decisive actions challenge existing norms and set a new example for real estate companies everywhere," said Jakob Zenz, founder of Econetix. "By integrating high-quality carbon solutions into property development, they're proving that impactful climate action and economic progress can go hand in hand. This partnership sets a precedent for the industry, and we hope to see more of these initiatives in the coming years as we move towards a more sustainable future," he added.
Zawya
22-04-2025
- Business
- Zawya
Dubai's HRE Development to offset 1mln tonnes of CO2 from Skyhills Astra Project
UAE-based HRE Development announced on Tuesday that it has entered into a strategic partnership with global carbon asset manager Econetix to support its goal of delivering environmentally responsible real estate. The collaboration, announced on Earth Day, centres around the developer's latest project—Skyhills Astra—located in Dubai Science Park, Al Barsha South. Launched in February 2025, the Skyhills Astra development incorporates sustainable building materials, energy-efficient design, and climate mitigation measures. To address unavoidable emissions, the developer has committed to investing in certified carbon removal projects targeting the elimination of one million tonnes of CO₂ from the atmosphere, the press statement said. In addition to environmental goals, the carbon removal initiatives will deliver social benefits, including educational support for children, aligning with HRE's broader sustainability framework. 'This Earth Day represents a milestone for HRE Development as we embark on our most ambitious journey yet,' said Wissam Breidy, CEO of HRE Development. 'Our partnership with Econetix reflects our deep commitment to going beyond construction and building with purpose.' 'By integrating high-quality carbon solutions into property development, they're proving that impactful climate action and economic progress can go hand in hand," added Jakob Zenz, Founder of Econetix. According to the Dubai Land Department (DLD), the Skyhills Astra project will comprise 1,614 residential units and 86 commercial units, with completion targeted for the second quarter of 2028. (Writing by Deva Palanisamy; Editing by Anoop Menon)
Mid East Info
22-04-2025
- Business
- Mid East Info
HRE Development partners with Econetix to launch UAE's first Net-Zero real estate initiative on Earth Day - Middle East Business News and Information
This collaboration positions HRE as the nation ' s first green real estate company Dubai, UAE: HRE Development has announced a groundbreaking partnership with global carbon asset manager Econetix to take sustainable development in the UAE to the next level – just in time for Earth Day. This collaboration positions HRE as the nation ' s first green real estate company, setting a new net-zero standard and demonstrating a commitment to environmental and social impact. Central to this initiative is the recently launched Skyhills Astra project, unveiled as a symbol of HRE ' s dedication to eco-conscious construction. Combining innovative design, sustainable materials, and real climate impact, the project is one of the UAE ' s first net-zero building developments. To address unavoidable emissions, HRE will invest in high-quality carbon projects capable of removing 1 million tons of CO2 from the atmosphere. These projects also uplift local communities and support educational opportunities for children in need, reinforcing HRE's holistic approach to sustainability. ' This Earth Day represents a milestone for HRE Development as we embark on our most ambitious journey yet,' said Wissam Breidy, CEO of HRE Development. ' Our partnership with Econetix reflects our deep commitment to going beyond construction and building with purpose. We are constructing a legacy for future generations, blending innovation, responsibility, and measurable climate impact.' Econetix, with its expertise in guiding governments and multinational corporations toward net-zero goals, views this collaboration as a game changer for one of the most carbon-intensive industries globally. ' HRE's decisive actions challenge existing norms and set a new example for real estate companies integrating high-quality carbon solutions into property development, they ' re proving that impactful climate action and economic progress can go hand in hand. This partnership sets a precedent for the industry, and we hope to see more of these initiatives in the coming years as we move towards a more sustainable future.' said Jakob Zenz, Founder of Econetix. About HRE Development: Founded in 2021 with the backing of a prominent construction group, HRE Development L.L.C., has rapidly established itself as one of the UAE's most dynamic property developers. The company is known for creating vibrant, high-quality residential communities that combine aesthetic appeal with functionality and sustainability. Driven by innovation and a keen eye for detail, HRE's projects reflect a deep commitment to social responsibility, underscored by its long-term partnership with Dubai Cares to support educational empowerment worldwide.
Zawya
22-04-2025
- Business
- Zawya
HRE Development partners with Econetix to launch UAE's first Net-Zero real estate initiative on Earth Day
Dubai, UAE: HRE Development has announced a groundbreaking partnership with global carbon asset manager Econetix to take sustainable development in the UAE to the next level – just in time for Earth Day. This collaboration positions HRE as the nation's first green real estate company, setting a new net-zero standard and demonstrating a commitment to environmental and social impact. Central to this initiative is the recently launched Skyhills Astra project, unveiled as a symbol of HRE's dedication to eco-conscious construction. Combining innovative design, sustainable materials, and real climate impact, the project is one of the UAE's first net-zero building developments. To address unavoidable emissions, HRE will invest in high-quality carbon projects capable of removing 1 million tons of CO2 from the atmosphere. These projects also uplift local communities and support educational opportunities for children in need, reinforcing HRE's holistic approach to sustainability. 'This Earth Day represents a milestone for HRE Development as we embark on our most ambitious journey yet,' said Wissam Breidy, CEO of HRE Development. 'Our partnership with Econetix reflects our deep commitment to going beyond construction and building with purpose. We are constructing a legacy for future generations, blending innovation, responsibility, and measurable climate impact.' Econetix, with its expertise in guiding governments and multinational corporations toward net-zero goals, views this collaboration as a game changer for one of the most carbon-intensive industries globally. 'HRE's decisive actions challenge existing norms and set a new example for real estate companies everywhere,' said Jakob Zenz, Founder of Econetix. 'By integrating high-quality carbon solutions into property development, they're proving that impactful climate action and economic progress can go hand in hand. This partnership sets a precedent for the industry, and we hope to see more of these initiatives in the coming years as we move towards a more sustainable future,' he added.
