Zafir Rashid prepares Teramir Group for vertical construction as pre-permitting milestones near completion

April 25, 2025 02:46 PM AEST | By EIN Presswire

Google News:

Zafir Rashid prepares Teramir Group for vertical construction as pre-permitting milestones near completion — Image source: EIN Presswire

Recent News

Rocket Lab Successfully Launches Second Mission for iQPS in Rapid 25 D...

UBS refreshes its silver prices outlook for 2025

Aragon Research Positions SnapLogic as a Leader in the 2025 Globe™ for...

US Treasury sells $39B 10-year notes at lower-than-expected yield

ORLANDO, FL, UNITED STATES, April 25, 2025 /EINPresswire.com/ -- Zafir Rashid, Head of Development at Teramir Group of Companies, announced today that several of the firm's major hospitality and mixed-use projects are entering the final pre-construction phase, with permitting decisions expected within the next 30 days.

The developments, which span key markets in North America and the Middle East, include wellness-integrated hospitality assets, branded residences, and advanced infrastructure frameworks. Teramir Group has completed the horizontal infrastructure work and is now poised to begin vertical construction pending final approvals.

“This stage is a critical inflection point,” said Rashid. “We’ve spent years building a foundation — both physically and financially — and our next steps will set the pace for multi-phase growth across regions.”

With regulatory coordination nearing completion, the projects represent over $1.5 billion in planned development value. The firm’s land assembly and capital structuring work has included institutional investors and global partners, positioning Teramir Group as a key player in next-generation real estate.

About Zafir Rashid

Zafir Rashid is an internationally active developer and capital strategist with more than 25 years of experience in real estate. He currently leads Teramir Group of Companies, overseeing all global development, partner relations, and asset strategy.

About Teramir Group of Companies

Teramir Group is a privately held real estate development firm specializing in master-planned, hospitality-forward, and sustainable infrastructure projects. The company drives development across the Middle East and North America, with a focus on high-impact, cross-border initiatives.

Zafir Rashid
Teramir Group
email us here
Visit us on social media:
LinkedIn

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.
This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.