Tuesday, August 5, 2008

Dh400m contract

Property developer Plus Properties has signed a Dh400 million contract with Taahud General Contracting for the construction of its SkyGardens project in Reem Island, Abu Dhabi.

The agreement was recently signed by Georges Chehwane, chief executive of Plus Properties, and Adel Noueis, general director of Taahud General Contracting. The agreement paves the way for commencement of construction of SkyGardens, which is expected to become the prestigious waterfront tower in Abu Dhabi.

Abu Dhabi-based Taahud has secured a string of prestigious projects.

The SkyGardens is a residential waterfront property designed by renowned architect James Law, and comprises a selection of one-, two- and three-bedroom deluxe apartments, exclusive garden apartments and sky garden duplex villas. The project will come up near the Reem Island.