Tameer Holding, the region's leading real estate company, have contracted Gensler to design its leading project "Tameer Towers" in Shams Abu Dhabi, with a deal that values at AED 100 million. Located on Reem Island, "Shams Abu Dhabi" is one of the most magnificent real estate development projects in the nation's capital.The signing comes after the strategic alliance between Sorouh Real Estate and Tameer Holding was formed to develop the Abu Dhabi Towers and the Gate District at SHAMS Abu Dhabi. The agreement between the two firms is unprecedented to Abu Dhabi's real estate sector and is the biggest one in the country to date.The total cost of the entire project is expected to reach AED 13 billion (US$ 3.5 million)."Gensler is a highly reputable firm and is currently the biggest architectural firm in the world - thus their contribution is sure to add value to this ambitious development and fulfill our strict expectations. Their vast experience will contribute to our expanding portfolio right across the region, including those based here in the UAE." said Omar Ayesh, President of Tameer Holding. "Today, the country has seen investment flow for its properties come from a large number of international sources.This has fueled the huge realty boom in this region, making it the most attractive location for investments from all over the world," he said. Continue to the full story from Source.
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