It has been a year of significant progress for the UAE capital. Large-scale plans by master developer Tourism Development and Investment Company and the state-backed Urban Planning Council in particular showed Abu Dhabi’s ambition across sectors and terrains. Throughout the steady stream of news, and as the emirate’s 2030 Economic Plan unfolds, the emphasis has…
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Towers at Capital Centre move into high gear
Unique sand dune-themed commercial & residential towers are key elements of exhibition & lifestyle micro-city. Work on the two SinoGulf Investments towers within ADNEC's AED 8 billion Capital Centre master development is picking up speed, with the construction of the commercial-use "International Tower" progressing at a rate of one floor every 11 days. The residential…
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Group3 to build SinoGulf’s Capital Centre
Abu Dhabi: SinoGulf Real Estate Investments LLC (“SinoGulf”) announced today that it has awarded the main AED 336 million building contract for their mixed use tower within the Capital Centre Master plan to Group 3 Engineers Contractors LLC (“Group 3”). The tower’s total built-up area of 89,700 sqm, provides 41,000 sqm of international grade “A”…
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SinoGulf Commercial Tower finance arranged
Abu Dhabi National Islamic Finance (ADNIF), the Islamic banking division of National Bank of Abu Dhabi (NBAD), recently arranged an AED334 million facility for SinoGulf Investments’ commercial tower project in Capital Centre. C.18 is the largest plot within the Capital Centre development designated for commercial and retail use. The project commenced in Q1-2008 and shall…
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