FINANCIAL NEWS

60% of Abu Dhabi’s Capital Gate leased: Knight Franks

13 Jun 2012

(MENAFN) International property consultancy Knight Frank said that Abu Dhabi’s famous leaning glass tower Capital Gate is more than 60 percent leased and will host Etihad Rail as an anchor tenant, Arabian Business reported.

Etihad Rail has leased more than 4,000 sq ft at the iconic building which is located next to Abu Dhabi National Exhibition Centre (ADNEC) and leans more than four times that of Italy’s famous Leaning Tower of Pisa.

The transport firm is the master developer and operator of the rail infrastructure network in the UAE, and connecting with the wider GCC rail network.

The Iconic tower also houses a luxury five-star hotel, the Hyatt Capital Gate, located just above the offices.

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