DUBAI — Memon Investments recently held a groundbreaking ceremony to mark the construction of its Dh80 million Cambridge Business Centre at Dubai Silicon Oasis (DSO).
Launched earlier this year, Cambridge Business Centre is the developer's first commercial venture, in a bid to leverage the market boom and demand for commercial space, which at present boasts of more than 24 million square feet of built corporate units under construction.
Memon Investments also announced that it has awarded the shoring and excavation contract for Cambridge Business Centre to Stromek Emirates Foundation (SEF), a subsidiary of Msharie, the private equity arm of Dubai Investments.