Thursday, January 31, 2008

Major construction contract of The Pad awarded to Al Rostamani Pegel

The PadOne of Dubai's leading real estate developer, Omniyat Properties, has awarded the main construction contract of its 'The Pad' development to a UAE-German joint-venture, Al Rostamani Pegel.

The Pad, is an iconic 24-storey futuristic tech-savvy residential real estate development in Dubai, and is also the recipient of the prestigious 'Best International Apartment' award at the CNBC International Property Awards in Las Vegas, which is one of the largest industry accolades of its kind, in the world.

The President and CEO of Omniyat Properties, Mehdi Amjad, said "The Pad has earned various awards and distinctions from international development community for its advanced technological design and functionality."

The works have already commenced, and will be complete by December 2009.

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