Reign Holdings – Building a Business Empire

Source: Forbes

Reign Holdings has major plans to expand its presence in the region. Chairman Samir Salya talks of the group’s future strategy in the region.

With Reign Holdings being a multi-billion-pound corporation, what would you say has been your biggest accomplishment?

Building an empire was never easy. It is a decade now since Reign Holdings, a multi-billion-pound conglomerate started operations in the U.A.E. & U.K. After a successful launch of the group’s projects in the UK, it was time for Reign Holdings to enter this region. After many challenges in
various business verticals, I decided to invest in real-estate. It worked well and over the years our growth has been steady.

What are some of your new projects in the pipeline for upcoming years?
We are very optimistic regarding the future of the Dubai market, so we will be focusing on the hospitality sector as we believe there is great potential within this sector. We have found that Jumeriah Village Circle (JVC) is an upcoming neighborhood with a lot of potential due to its ideal location. It is
very close to the Jebel Ali Freezone, Dubai Parks, the Expo 2020 site and other attractions.

Dubai being the tourism hub is expected to see a boom in the next few years. In order to cater to the growing demand, our plan is to deliver 1,000 hotel apartment units in JVC over the next couple of years. We expect the market to continue growing even after the Expo 2020 is over, as it is a growing economy and there is a significant population growth. Moreover, the demand for small and medium-sized residential and commercial spaces are also on the rise and we are confident of meeting the demand in time through our projects.

Being a self-made man in business, what are some of the principles that have guided your organization since its inception? Being involved in the group’s charity arm, what are some of your contributions towards charitable institutions?

Our guiding principles have been hard work, perseverance and commitment to serve the need of our target segment. Being real time and ahead of the curve are the key factors. We are also involved in charitable institutions in India for the needy people and have contributed to the African Housing Project and relief fund, in addition to many other activities in the U.K. & Africa.

With technology evolving the way it does, and disruption being the buzzword, how do you think it will impact the industry in the next 10 years? And, how is your organization equipped to deal with this change?

Cost, time and efficiencies need to be balanced and here technological developments play a key role as a significant influencing factor. What is new t0day, is outdated a month down the line. Constant innovation is the key to keep up with the change. Engineering and construction are going to benefit massively from recent and future technological developments. Our multiskilled engineering workforce is constantly updating and educating them-
selves to be on par with the industry standards and meet user expectations.

With our plans to invest a billion US dollars in real-estate, we will be ensuring that state-of-the-art intelligence techniques will contribute valuably to our projects and people for inclusive progress.