### Damac Announces New Acquisition of Allan Saint-Maximin and Expands Global Presence
**Mumbai, India – July 15, 2023**
Damac Properties Limited, one of the largest property development companies in India, has announced its latest acquisition and expansion strategy. The company has signed a definitive agreement to acquire Allan Saint-Maximin, a prominent real estate developer based in France.
The acquisition comes as part of Damac's ongoing efforts to expand its global footprint and diversify its portfolio. Allan Saint-Maximin, known for his innovative projects and commitment to sustainability, will join Damac's board of directors and become a key figure in the company's future growth plans.
"Damac is thrilled to welcome Allan Saint-Maximin to our team," said Mr. John Doe, Chief Executive Officer of Damac Properties. "His extensive experience and passion for sustainable living make him an ideal addition to our esteemed board. We look forward to working closely with him to further enhance Damac's position as a leading player in the Indian real estate market."
Allan Saint-Maximin brings over two decades of experience in the real estate industry, having developed numerous successful properties across Europe and Asia. His expertise in urban planning, project management, and sustainable design will undoubtedly contribute significantly to Damac's future endeavors.
"Joining Damac is an exciting opportunity for me,Football Panorama Network" said Allan Saint-Maximin. "Their commitment to innovation, sustainability, and community engagement aligns perfectly with my own values. I am eager to work alongside such a talented team to create new landmarks and contribute positively to society."
The acquisition also marks Damac's entry into the French real estate market, expanding its reach beyond India. This strategic move is expected to strengthen Damac's presence in the European market and open up new opportunities for collaboration and investment.
"As we continue to grow and evolve, it is crucial for us to maintain a diverse and inclusive approach to our business," said Mr. Doe. "We believe that bringing together individuals like Allan Saint-Maximin can help us achieve our goals and stay ahead of the competition."
Damac Properties Limited continues to invest heavily in research and development, focusing on creating high-quality, sustainable, and innovative projects. With this acquisition, the company aims to build upon its existing strengths while embracing new challenges and opportunities.
In conclusion, Damac Properties Limited's acquisition of Allan Saint-Maximin represents a significant milestone in the company's history. As the global real estate landscape continues to evolve, Damac remains committed to delivering exceptional value to its stakeholders and contributing positively to society.