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MillerKnoll Unveils New Sustainability Strategy and Issues 2024 Better World Report

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MillerKnoll

MillerKnoll has unveiled a new sustainability strategy and published its 2024 Better World Report, detailing the company’s efforts to design a better future for MillerKnoll associates, communities around the globe and the planet we share.

Climate change is an urgent, global challenge, and at MillerKnoll, we are taking bold steps to drive change,” said Andi Owen, CEO of MillerKnoll. “Our associates are working with our partners, suppliers and customers to further improve the sustainability of our processes, products and the spaces we design. These new goals build upon our history of environmental stewardship and represent an ongoing commitment to design for the good of humankind.”

Driven by the mission to design and create the world’s best products in the most sustainable way, MillerKnoll’s sustainability strategy focuses on three key areas:

  • Carbon: Design the lowest carbon footprint products and commit to achieving net-zero carbon emissions by 2050.1
  • Materials: Use sustainable, 100% bio-based or recycled materials by 2050.
  • Circularity: Create timeless, durable products with zero waste by 2050.

“We aim to transform how we design, manufacture, deliver and maintain furnishings. It starts the moment a design is conceived and continues even after a product has reached the end of its life,” said Sean McDowell, SVP of Innovation and Sustainability at MillerKnoll. “Our refined sustainability strategy establishes clear short- and long-term goals to drive meaningful improvements in carbon, materials and circularity across every stage of our product journey, creating lasting change.”

Commitment to Net-Zero by 2050

MillerKnoll recognises every decision has an impact on the planet – from the materials selected to the energy consumed to the logistics that bring products to market. Every step in the process contributes to the company’s carbon footprint. That’s why MillerKnoll is committed to reducing carbon emissions and focused on achieving net-zero by 2050. Through innovation, dedication and data-driven decisions, its teams are continuously improving the product creation process.

Key Initiatives to Achieve Net-Zero

  • Sustainable Materials and Safe Chemistry: Prioritise natural, low-carbon and recycled materials and ensure that its products are safe for people and the environment.
  • Energy and Waste Reduction: Commit to using renewable energy and minimising waste and water use across manufacturing processes.
  • Smart Packaging and Logistics: Continue to reduce usage of single-use plastic packaging, including polystyrene and bubble wrap. Leverage artificial intelligence (AI) to optimise routing and load efficiency and transition fleet to use more biofuel and electric energy, further reducing emissions from transportation.
  • Supply Chain Collaboration: Engage Tier 1 and Tier 2 suppliers to reduce waste and drive efficiency.
  • Global Take-Back Programme: Reclaim and responsibly resell, restore, refurbish or recycle its furniture, no matter its condition.

To demonstrate tangible progress against this new strategy, the company has set the following short-term goals:

  • Eliminate added per- and poly- fluoroalkyl substances (“PFAS”) in North America by FY2025 and globally by FY2027.
  • Transition to 100% renewable electricity by FY2026.
  • Develop specific action plans for the top five commodities to increase material utilisation and efficiency by FY2026.
  • Establish logistics carbon baselines and set reduction goals by FY2026.
  • Increase furniture waste diverted from landfills to 10 million pounds (approximately 4.5 million kg) by FY2027.
  • Establish carbon baselines and set reduction goals for its top 25 suppliers by FY2027.
  • Publish the carbon footprint for the company’s top 100 products each year and new products by FY2028.
  • Achieve a 25% reduction in the carbon footprint of top 100 products by FY2030.
  • Exceed 75% recycled content in top 100 textiles by FY2030.
  • Achieve 90% sustainably harvested, ethically sourced natural materials by FY2030.
  • Achieve zero landfill for the top five manufacturing sites by FY2030.
  • Eliminate single-use plastic packaging for MillerKnoll manufacturing sites by FY2030.

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WHY DEVELOPERS SHOULD ADOPT AN INVESTOR MINDSET IN EVOLVING REAL ESTATE MARKET

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Professional portrait of Francis Alfred, Managing Director of Sobha Realty, wearing traditional white kandura and ghutra in formal business setting

By Eng. Amer Khansaheb, Chief Executive Officer and Board Member of Union Properties PJSC

In today’s buoyant UAE Real Estate landscape, conventional metrics like unit sales volumes are becoming obsolete. Instead, genuine success increasingly lies in value measured through long-term rental income, growth, asset quality, and capital appreciation. Developers who adopt an investor-led mindset, prioritising yield, durability, and premium standards, are effectively shaping the future of the sector in the UAE.

From Selling Today to Earning Tomorrow

To achieve this shift, developers must transcend the traditional focus on one-time sales. Developers must embrace business models that generate sustainable rental income, ensuring a predictable stream of cash flow even during market fluctuations. Future-focused project planning must integrate rental viability, anchoring developments in steady long-term returns rather than immediate, speculative gains. This investor-first approach positions developers for long-term growth.

Rental Market Momentum: Major Growth Engine

The UAE’s residential leases market is projected to reach USD 27.98 billion in 2025 and USD 33.10 billion by 2029 at a compound annual growth rate (CAGR) of 4.3 per cent. Developers who prioritise rental-ready, high-quality units will be best placed to capture this expanding market, appealing both to residents seeking premium housing and to investors seeking reliable returns. This demonstrates the enormous potential that rental-centric development strategies hold.

Supply Growth and Still Solid Returns

Despite expectations of 180,000 new residential units by 2026, rental yields remain strong at 7.4 per cent. This reveals persistent demand, indicating prime opportunities for value-added investments. Developers can capitalise this by offering thoughtfully designed projects with integrated amenities and sustainability features on strategic locations, elements that elevate rental income and investor appeal.

Attracting Global Capital through Investment-First Mindset

The UAE’s progressive policies such as long-term visas, free zones for Real Estate, and investor-friendly reforms, continue to magnetise international and institutional capital. By adopting an investor-first mindset, developers can meet this evolving demand by offering investment-grade opportunities and high-quality, income-generating assets that appeal to discerning global investors.

Differentiating Through Quality

To differentiate in this present market increasingly defined by long-term value rather than rapid turnover, excellence in design, exceptional finishes and long-term value are keys. Developers who invest in durability, sustainability, and strategic positioning, beyond sheer scale, will attract tenant loyalty and investor confidence. This differentiation fosters both brand equity and financial resilience.

Aligning with Future: Investor Mindset as Strategy

As the UAE Real Estate landscape evolves, we can safely state that those developers that think like investors will certainly emerge as leaders. By aligning projects with long-term income generation, adhering to global investment standards, and offering quality-driven, sustainable developments, they lay the groundwork for enduring success.

This dynamic Real Estate environment is not merely a passing trend but a blueprint for sustainable, value-based growth in the UAE market. Developers who embrace this investor-led vision, integrating rental yield, design excellence, and global standards, will not only thrive but also redefine the future of the sector.

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OMNIYAT LUMENA ALTA Celebrates 20 Years of Design Excellence

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Architectural rendering of Object 1 premium high-rise residential development featuring distinctive curved metallic facade and sky terraces with Burj Khalifa visible in background during blue hour in Dubai

Dubai’s tallest commercial tower honors’ two decades of architectural innovation

OMNIYAT, Dubai’s visionary ultra-luxury developer, has officially launched LUMENA ALTA, a 380-metre landmark redefining the city’s skyline. Upon completion in 2030, it will become Business Bay’s tallest commercial tower.

The launch also celebrates OMNIYAT’s 20th anniversary, symbolizing two decades of design, craftsmanship, and creativity. Moreover, with a Gross Development Value above AED 5 billion, LUMENA ALTA continues the success of LUMENA and ENARA, reaffirming OMNIYAT’s position as a leader in luxury real estate.


A Vision Elevated

From its name, LUMENA ALTA captures light and ambition. “Lumena,” derived from the Latin lumen, evokes brilliance and creativity, while “Alta,” meaning elevated, conveys height and aspiration. Together, they express OMNIYAT’s guiding principle – The Art of Elevation.

Furthermore, the tower’s spiraling glass façade reflects sunlight by day and glows softly by night. Its fluid design embodies motion and progress, mirroring Dubai’s rise as a global capital of innovation.


Workspaces That Inspire

Designed for global visionaries, LUMENA ALTA blends performance, wellbeing, and prestige in one vertical destination. Triple-height sky lobbies, panoramic terraces, and bright atria bring openness and balance to every floor. In addition, landscaped sky gardens and private terraces connect work with nature, creating calm within energy.

Strategically located on Sheikh Zayed Road, the tower provides direct access to Downtown Dubai, DIFC, and the future Dubai Metro Gold Line. Together with its twin, LUMENA, it forms a luminous gateway to Business Bay – a landmark of connectivity, commerce, and culture.


A World Above Expectation

Crowning the structure, a five-star lifestyle hotel merges hospitality with architectural artistry. Its Sky Pool, suspended 335 metres above the city, will be the world’s highest infinity pool.

At the summit, the Sky Restaurant will deliver panoramic 360° views of Dubai’s skyline and coastline. Each evening will blend gastronomy, design, and spectacle – a sensory experience above the clouds.

Moreover, wellbeing defines the tower’s rhythm. Private fitness suites, hydrotherapy zones, vitality pools, and spa sanctuaries offer renewal throughout the day. A 25-metre indoor lap pool completes a lifestyle that balances achievement and serenity.


Service Beyond Space

As with all OMNIYAT masterpieces, LUMENA ALTA offers service that matches its design. A dedicated concierge team manages reception, meetings, and lifestyle coordination. Furthermore, residents and guests can access tailored experiences – from wellness scheduling and luxury travel to event planning and personal shopping.

Drawing inspiration from The Opus, One at Palm Jumeirah, and The Lana, OMNIYAT turns architecture into living art, ensuring every interaction feels seamless and refined.


Smart, Sustainable and Future-Ready

LUMENA ALTA is engineered to achieve LEED Platinum, Platinum WELL, Platinum WiredScore, and SmartScore Certifications. These standards emphasise sustainability, technology, and human wellbeing. Consequently, the tower establishes a new benchmark for intelligent, future-focused commercial spaces.


A Legacy of Ambition and Artistry

Reflecting on the milestone, Mahdi Amjad, Founder and Executive Chairman of OMNIYAT, said:

“Dubai attracts global enterprises that value excellence and creativity. As demand for premium space grows, OMNIYAT will keep reshaping the skyline with bold, intelligent designs that inspire progress.”

Over the past two decades, OMNIYAT has evolved from a developer into a curator of architectural art. With LUMENA ALTA, the company begins a new chapter – one where art, architecture, and ambition converge to define Dubai’s next horizon.

check this out Sobha Realty Sells 50% Downtown UAQ Within First Week

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Downtown UAQ | Sobha Realty Sells Over 50% of Launch Inventory Within First Week

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Downtown UAQ Sobha Realty waterfront master development rendering showing residential towers and circular landmark building at sunset

Sobha Realty has announced strong initial sales at its flagship Downtown UAQ | Sobha Realty master development, reinforcing rising investor confidence in Umm Al Quwain as the UAE’s next coastal growth hub.

Within just one week of its launch, the developer confirmed that over 50% of units in the first three residential towers were sold, setting a new benchmark for sales velocity in the northern emirates.

The 25-million-square-foot master development, located along Umm Al Quwain’s natural waterfront, is envisioned as the Coastal Skyline of the Future. The project integrates premium residences, commercial hubs, hospitality offerings, and lifestyle amenities to create an exceptional living experience. It is designed to balance modern living with environmental stewardship, with more than half of the total land area dedicated to open and green spaces.

The master plan spans 11 kilometers of pristine waterfront and includes over 7 kilometers of uninterrupted natural beach, two marinas, landscaped boulevards, and future-ready mobility solutions such as water taxis. It will also feature the UAQ Trade Centre, premium office space, and leisure attractions to strengthen its position as a mixed-use destination.

The first residential cluster, Sobha Aquamont, was unveiled earlier this year and comprises three towers of one-, two-, and three-bedroom waterfront apartments. The towers are designed to maximize natural light and coastal views, in line with Sobha Realty’s emphasis on luxury, craftsmanship, and sustainability.

“Umm Al Quwain is emerging as a highly attractive destination for residents and investors seeking world-class coastal living in a natural environment,” said Francis Alfred, Managing Director of Sobha Realty. “The strong sales response at Downtown UAQ reflects both the confidence in Sobha Realty’s vision and the growing appeal of Umm Al Quwain as a market poised for long-term growth.”

Adding to Sobha Realty’s expanding UAE portfolio of luxury communities, Downtown UAQ | Sobha Realty reinforces the company’s reputation for engineering excellence and sustainable urban design. It also highlights the growing momentum of mixed-use coastal projects in the UAE, which are attracting increasing interest from both domestic buyers and international investors.

By setting a new sales benchmark in its opening week, Downtown UAQ | Sobha Realty has established itself as one of the region’s most ambitious and promising waterfront destinations.

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