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Press Article

Capital Centre reveals landmark towers

Abu Dhabi National Exhibitions Company (ADNEC) has revealed two distinctive commercial and residential towers by SinoGulf Investments that architecturally mimic the movement of sand dunes.

The towers will be key features of the Dhs8bn Capital Centre development underway surrounding Abu Dhabi National Exhibition Centre. Designed by world-renowned architects, Woods Bagot, the towers represent the abstraction of dune sand lines when the desert breeze blows. The concept design has been based on simplicity of form that is responsive and respectful of its environment and orientation, setting an aesthetic benchmark for the Capital Centre development.

Upon completion in the last quarter of 2010, the commercial and residential developments will offer a high quality finish, extensive amenities, ample parking, high-speed lifts and retail outlets. Also featured within the residential tower will be a gym, sauna, spa and pool, making the apartments hard to resist for tenants and investors. The towers are situated in a prime location on the corner of Al Karama Street and adjacent to the exhibition centre, with non-obstructing north facing views. The towers are strategically placed with easy access to other commercial, hospitality, entertainment, transport and residential facilities.

Andrew Clout, Managing Director of SinoGulf Investments, commented:
"Capital Centre is a master development, in a prime location, with winning features such as accessibility, traffic flow, a captive audience from the exhibition centre, and an environment conducive to business. These elements create the perfect environment for SinoGulf's investment needs. Our development and Capital Centre will act as catalysts for each other, with both enriching the living experience of the tenants - upon completion this will be the place everyone will want to be."

Sanjay Tanna, ADNEC Business Development Director, added:
"The prestigious Capital Centre development adjacent to the Exhibition Centre will no doubt aid some of the demand for both residential and commercial accommodation currently evident within the Emirate of Abu Dhabi. On completion of the second phase of the exhibition facilities at ADNEC this year, this demand for quality accommodation will become even more unprecedented. Rental properties and serviced apartments in Abu Dhabi are achieving strong rates and occupancy levels - a clear shortage of accommodation exists for executives. SinoGulf has recognised the demand for high-end living and has created an A grade investment opportunity."

Established in 2003, SinoGulf Investments manage an excess of $1bn (Dhs3.6bn) in investments, with development projects based in Abu Dhabi, Jordan and Dubai. SinoGulf Investments are currently taking expressions of interest for their residential apartments. The launch date will be announced shortly for sales enquiries.

The commercial tower will be G+1+25, with four basements; the residential tower G+1+20 with two basements. The total project cost for both towers is in excess of Dhs1bn.

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