Arab sheikhs want to buy farms in Extremadura

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Abu Dhabi and Dubai make million-dollar investment in the purchase of farms and even a slaughterhouse in this community.

They were first bullfighters, as the Litri (together with his wife Carolina Herrera), Fran Rivera, Juli, Manzanares, César Rincón or Ortega Cano. Then, famous people, as Alejandro Sanz, Shakira, Ana Rosa Quintana, Anne Igartiburu, Marta Sanchez, Eugenia Silva, Miguel Bosé, Jesus Vazquez, Maria Jimenez, Isabel Ordaz or Pepe Viyuela. Posh entrepreneurs, as Javier Aguirre (former President of Telefónica Chile), Barroso Pepe (Don cotton) or Javier Monzon (former President of Indra).And until politicians, Felipe González and Ruiz Gallardon family.

Celebrities and millionaires found in the Dehesa de Extremadura for years a perfect refuge to spend not only the end of week but much of the year and even to develop business, far from the madding crowd in a community that, wide spread, small population and rich sites, It offers a perfect hard to find anywhere else discretion.

However, the arrival of the crisis our country makes some years has changed the trend and the claim of the natural paradise of Extremadura already not only encourages national investors. In addition to promptly keep fondness for hunting princesses like Caroline of Monaco or the British Princes William and Henry - among many others-, the last million-dollar bet comes from the sheikhs and Arab entrepreneurs, that you have put your eyes in Extremadura farms. A total of 4.163.450 hectares offers this community and that have become a paradise real estate. Extremadura is in fashion and the investment of petrodollars in it is already a reality.

The last to arrive was the Arab Sheikh Mansour Al Nahyan (of 45 years and owner of the powerful English Manchester City football club, brother of the emir of Abu Dhabi and son-in-law of the Dubai), who bought at the end of last year the estate the fifths of San Martin. Are 8.000 hectares that have cost him 55 million euros (included 15 million of debts that had). The Sheikh is Chairman of the Fund Ipic, that controls the 100% of the Spanish oil company Cepsa.

The grounds are located in the local businessman of Valencia de las Torres (650 inhabitants). Even, its intention is to build a runway and takeoff of 2,3 kilometers in length to facilitate access with private aircraft.

In addition, It intends to raise on his new farm in Spain 20.000 Heads of sheep. And a stud. The farm is the most prestigious of the province by its great hunting potential and proof of this is that it been hunting from King Juan Carlos I to the loot. The estate has belonged for more than three decades to Cadiz family of the Mora-Figueroa, that missing it by economic problems to keep it. Their former owners were the former owners of the Domecq Winery (sold to the British Allied) and the bottler of Coca-Cola to Andalusia and Extremadura.

The Rusal feed factory is located within the macrofinca, name that is popularly known property in the area south of Badajoz. One of the objectives of the Sheikh is to begin to exploit the rearing of lambs to later sell the meat for the Arab world.

This section is where comes in connection with another Arab investment in Extremadura. In particular in 2014. This is Ahmad Khatib Aiesh, an entrepreneur of 58 born in Jordan years and lives between Barcelona and Olivenza (Badajoz). It was who acquired - as sole administrator of the company Golden Worldwide Trade, based in Molins de Rei (Barcelona) and now also in Olivenza and Badajoz- the slaughterhouse of Olivenza (former property of the Ruiz Mateos), for which paid 6,7 million euros 16 months. There animals could sacrifice for their subsequent sale and transfer to Middle East.

An equestrian center

But it is not the only investment that you want to perform in the area. The Kathib himself proposed a few weeks ago to the City Council of Badajoz invest between 2 and 3 million euros into the sandy city farm equestrian centre. They are a land 40 hectare disused, located eight kilometers from Badajoz on the road of Olivenza.

The own entrepreneur in person is that is leading the negotiations with the City Council on behalf of the emir of Dubai, Mohamed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates, and his firstborn, the Crown Prince Hamdam bin Mohamed bin Rashid Al Maktoum. This family has already acquired - for horse breeding- two farms in the province, an of 1.000 hectares in Llerena and another of 400 acres close to Albuquerque. The Crown Prince of Dubai - a winning Jockey- It recognizes on its website his passion for horse riding: “I come from a family that loves horses. There is a very strong spiritual connection between server and horseback riding. I ride a horse whenever there is opportunity because it gives me a sense of absolute freedom”. In Extremadura they already rubbing their hands with this…

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http://www.expansion.com/sociedad/2016/04/01/56fe2fd1ca4741d7778b45ab.html

 

 

 

 

 

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