Dubai International Financial Center (DIFC) has selected American Turner Construction company and financial center developer DTZ Middle East as lead property advisors, to launch and manage the initial development phase of Dubai's multi-billion dollar financial district project.
The Dubai Financial District project is envisioned to become a world-class financial district, in line with New York, London, Singapore and Hong Kong. Turner, whose current portfolio of management projects totals $6.6 billion, was entrusted with establishing and managing a strategic selection process, which will result in the appointment of a Master Planner. The pre-qualification process is already well underway.
DTZ Middle East, part of a UK-based global property advisory firm, operates 125 offices in 34 countries. DTZ has been charged with developing a market analysis study and to advise on the optimum development mix, volume and specification. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
