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FINANCIAL NEWS
Nakheel awards USD9.52m contract for Pavilion project
09 Oct 2014
(MENAFN) Nakheel, the property firm, announced it has awarded Dubai-based Convrgnt Value Engineering a USD9.52 million contract to build a community mall in its new Badrah development in Dubai, Gulf Business reported.
Badrah Pavilion, which is Nakheel’s sixth neighborhood retail center, will be built over an area of 72.000 square feet, featuring 25 outlets including a supermarket, shops, services, cafes and restaurants and a gymnasium.
Badrah will also contain almost 600 townhouses and apartments spread across eight low-rise buildings and the facility is expected to serve nearly 800 homes at Nakheel’s Badrah and Veneto communities.
“Nakheel Pavilions enhance our communities by providing convenient shopping facilities and a place to meet, dine and socialise. There has been a great response to our first two, and we look forward to opening more ” including the one at Badrah in the future,” Nakheel said in a statement.
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