On schedule ... the International Tower.
Tower topped out at Capital Centre
01 March 2011
THE International Tower at the Abu Dhabi National Exhibition Company’s (Adnec) Capital Centre master development topped out last month, following completion of the final concrete pour.
The 41,000-sq-m tower, developed by SinoGulf, will be completed in July this year, as scheduled. SinoGulf has appointed CB Richard Ellis as the exclusive letting agent, who is currently in discussions with a number of interested parties.
Richard Foulds, head of landlord services at CB Richard Ellis, said: “We are negotiating with a number of blue-chip tenants. International Tower is one of the highest quality buildings in Abu Dhabi and will be the first office project to be completed in Capital Centre.
“International Tower affords tenants the opportunity to occupy internationally specified Grade A office accommodation previously unavailable in this market. It offers the most efficient floorplates in the market, making it the most cost-effective Grade A building available to occupiers,” he added.
David Cockerton, senior executive at SinoGulf, said: “We are very excited about this project and expect strong take-up over the next 12 months. We see Capital Centre, in line with Adnec’s vision, as a new economic engine for Abu Dhabi.”
Other developments progressing rapidly at Capital Centre include SinoGulf’s adjacent residential tower and seven new hotels.
High-profile occupiers who will be relocating to Capital Centre include Finance House, The National Investor, InvestAD and National Holding and their subsidiaries.
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