Abu Dhabi - Arab Today
Aldar Properties PJSC (Aldar), Abu Dhabi's leading listed property development, investment and management company, has appointed Construction Group Contracting House, CGCH, as the main contractor and early works package provider for an AED745 million contract at The Bridges, its mid-market residential development on Reem Island.
The contract, which begins immediately, includes the construction of six apartment towers following shoring, piling and earthworks on the site. The towers consist of 1,272 apartments that range from studios to three bedrooms and feature a wide range of amenities, including two indoor gymnasiums, a private courtyard with swimming pools, and an outdoor fitness area. The apartments will be ready for handover during the first quarter of 2020.
Talal Al Dhiyebi, Chief Development Officer at Aldar, commented, "The Bridges has been extremely well received, which clearly demonstrates the demand that exists for mid-market developments in desirable locations. We are pleased to award the main contract for The Bridges to support our continued focus on quality and timely completion for our customers. This brings us a step closer to meeting the growing demand for this type of development and further expanding the appeal of real estate in Abu Dhabi."