Friday, October 19, 2007

KM Properties to launch Dh.1.3bn Tamani Arts Offices in Business Bay

The real-estate development branch of Dubai-based KM Holding, KM Properties, has unveiled a Dh.1.3billion tower at Dubai's Business Bay, the prime commercial district in the emirate.

The tower named 'Tamani Arts Offices', will include a twenty storey glass and steel building in the Artisan cluster of Business Bay.

The Chairman and CEO of KM Holding, Mohammad Haddad, is quoted as having said that the Tamani Arts Offices will be the most significant address for business in New Dubai.

The Artisan Cluster that covers a built-up area of two million square feet comprises numerous commercial, residential and hotel towers.

Another development of KM Properties is the Tamani Arts hotel, which is located adjacent to Tamani Arts Offices.

KM Holding is the owner of numerous properties in the UAE, and is planning to enter the Indian and Saudi Arabian markets, scheduling a six-year growth plan.

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