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29 May 2012

Relocation of the French Embassy in the United Arab Emirates

BNP Paribas Real Estate has provided consultancy services for the relocation of the French Embassy in the United Arab Emirates, in Abu Dhabi.

abuDhabiA 10-year lease was signed for a 2,070 sq. m rental space between the French Ambassador to the United Arab Emirates, Alain Azouaou and the owner of Etihad Towers, H. H. Sheikh Suroor Bin Mohammed Al Nahyan.

Once development work on their new premises is completed at the end of 2012, all of the embassy’s departments, totalling 70 staff, will be moving to the 27th and 28th of the 54 floors in this prestigious real-estate complex’s 46,000 sq. m central office tower.

The Etihad Towers are located in the most sought-after district of Abu Dhabi, the capital of the United Arab Emirates and the largest of the seven Emirates, by the sea on the Ras Al Akhdar peninsula and close to the new presidential palace currently under construction.

abudhabi2The complex was designed by Australian architecture firm DBI. It has been open to the public since November 2011 and represents a total investment of $2 billion.

The half-a-million square metre real-estate complex comprises five towers of between 54 and 75 floors. It includes the 5* Jumeirah at Etihad Towers hotel with 581 rooms, suites and furnished apartments, 884 apartments divided between the three residential towers, a 46,000 sq. m office tower and a 7,000 sq. m luxury shopping mall in the Etihad Towers Podium, offering around 40 prestigious brands.

The project was finalised in close collaboration between BNP Paribas Real Estate, the staff of the French Embassy and the teams of AMS (Aswaq Management and Services), the Etihad Towers Consultancy, Marketing and management Company.

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