- The built-in improvement is attracting varied tenants starting from authorities and world manufacturers to asset administration, funding corporations and legislation corporations.
- Flexibility, comfort and affordability are key components within the improvement’s profitable leasing technique.
Central Park Towers, the biggest single-owned workplace improvement inside DIFC Free Zone has introduced the signing of 21 new lease agreements in 2020. It has signed greater than 110,450 sq. ft in accumulative lease transactions. The combined improvement property continues to develop 12 months after 12 months as Dubai Worldwide Monetary Centre’s (DIFC) most fascinating location for companies on account of its engaging lease phrases, unmatched facilities and providers.
Central Park Towers is probably the most sought-after workplace vacation spot inside DIFC on account of its dynamic and strong ecosystem and prime location. Regardless of the worldwide financial headwinds, Central Park Towers witnessed optimistic leasing outcomes final 12 months, and continued attracting new tenants in search of a mixture of premium workplace area, a handy location providing worth for cash, and versatile and engaging lease phrases inside Dubai’s enterprise neighborhood.
The rising demand for mixed-use design is more and more being embraced within the metropolis centres and suburbs alike. The most important single-owned workplace improvement has witnessed a optimistic development and rising demand for built-in developments that provide a various mixture of facilities for his or her inhabitants, which blends residential, business, cultural, and institutional makes use of into one area. It allows tenants to seamlessly combine their work, residence, and social lives to advertise steadiness throughout unpredictable instances.
In 2020, Central Park Towers was residence to 26 % authorities entities and 74 % personal corporations, demonstrating the event’s unmatched proposition on account of its central location, unparalleled providers, higher parking ratio for workers and guests with a myriad of retail choices. Central Park Towers is a booming workplace vacation spot chosen by many authorities organisations, monetary establishments and worldwide establishments. It homes two key authorities departments: the UAE Federal Tax Authority and the UAE Ministry of Economic system.
Commenting on the profitable leasing technique for the event, Nemo Stojanovik, Head of Leasing at Central Park Towers, mentioned: “We’ve had implausible leasing success at Central Park Towers and delighted so as to add 21 new lease agreements. These partnerships are a testomony to our dedication to present an perfect mixture of comfort and worth, together with the best well being and security requirements. We’re happy to welcome such a prestigious roster of workplace and retail tenants to Central Park Towers and can proceed working to create a improvement that’s inclusive and open to all inside DIFC.”
“We have now seen a rising curiosity amongst tenants for a flexible area, which caters to wants whereas creating alternatives. At Central Park Towers, work, life, and leisure occur concurrently, interwoven with probably the most vibrant monetary neighbourhood in Dubai – DIFC,” he added.
The bespoke workplace advanced is residence to greater than 90 corporations and is among the largest in DIFC with 855,682 sq. ft. of workplace area. With a powerful record of latest tenants, Central Park Towers is among the most vibrant communities in a recent city setting with easy accessibility to service retailers, eating choices, cafes and premium life-style facilities, all of which offer the right work-life steadiness.