News tagged "Dubai industrial park"

Dubai Industrial Park, Lootah Real Estate Development Embark on Strategic Partnership to Establish Senaeyat

Dubai Industrial Park, Lootah Real Estate Development Embark on Strategic Partnership to Establish Senaeyat

20th February 2019

  • Entities sign agreement to construct 3 million sq ft purpose-built development in Dubai Industrial Park
  • Dubai Industrial Park continues to make strides in industrial sector development in line with Dubai Industrial Strategy 2030

Dubai-UAE: 20 February, 2019 – Dubai Industrial Park, one of the largest industrial hubs in the region and a member of TECOM Group, has signed a long-term agreement with Lootah Real Estate Development to establish Senaeyat, a state-of-the-art pre-built industrial manufacturing development, on its premises. The partnership includes a 49-year lease of land spanning one million square feet for the first phase of the project.[..]

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