Asteco Opens Gateway to New Business

DUBAI - Asteco has appointed office leasing agents for Ibn Batutta Gate — Seven Tides’ flagship mixed-use property development.

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Published: Fri 24 Jul 2009, 1:18 AM

Last updated: Sun 5 Apr 2015, 9:39 PM

Asteco, the largest property services company in the UAE, has been appointed sole leasing agents for the offices at the iconic Ibn Battuta Gate mixed-use development which aims to attract businesses with commercial interests in both Dubai and Abu Dhabi.

A Press statement issued on Wednesday said that Ibn Battuta Gate is a new build corporate flagship mixed-use property developed by Dubai-based Seven Tides.

The development features a dramatic entrance arch larger than the Arc de Triomphe in Paris. Located next to Ibn Battuta Mall on the Shaikh Zayed highway, the development offers a combination of 40,000 square metres of office space, residential apartments and a five-star hotel and spa, which will be managed by Mövenpick Hotels & Resorts. Dubai-based Seven Tides has a portfolio of property comprising new build and strategic acquisitions in the hospitality, commercial and residential sectors in London and Dubai.

“This appointment clearly reflects our position as market-leaders for leasing high-end office space,” said Asteco Chief Executive Offivcer Elaine Jones. “In keeping with the overall development, the quality of the office accommodation is five-star, located at the very heart of Dubai’s new residential and commercial corridor providing an ideal gateway for businesses with commercial interests in either Dubai or Abu Dhabi,” Joned added. With 40,000 square metres of leaseable modern office space spread over 11 floors, the Ibn Battuta Gate office complex is next door to the Ibn Battuta Mall with its 300,000 square metres of retail space and entertainment attractions.

“We are very proud of the Ibn Battuta Gate development. Businesses located here will be able to embrace a lifestyle that balances corporate with leisure - business with pleasure,” said Michael Scully, Managing Director Hospitality for Seven Tides.

business@khaleejtimes.com


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