DWTC begins global promotion of central business district

Under the terms of the agreement - one of Dubai's largest-ever high-end office leasing assignments - Jones Lang LaSalle will be responsible for leasing the office component of the District.

Set at the heart of Dubai, at the intersection of the Emirates Towers and Dubai International Financial Centre (DIFC), Dubai Trade Centre District represents one of the UAE's most ambitious redevelopment projects, creating a new business quarter at the epicentre of the region's most dynamic city.

'Dubai Trade Centre District will offer an international calibre business quarter, providing a fitting setting for the world's most important companies to build on their position in Dubai - the region's commercial hub,'

said Helal Saeed Al Marri, Director General, Dubai World Trade Centre.

The first phase of the district will incorporate offices, retail space, hotels and apartments in a prime location in Dubai.

'Over 2.5m sq ft of Grade A1 office space will be available across a range of floor plate sizes in the first phase, offering state-of-the-art technology, an adaptive communication infrastructure and first class facilities management. The business environment at Dubai Trade Centre District will be second-to-none and will inspire high levels of productivity in a world-class working atmosphere,' continued Al Marri.

'We have selected Jones Lang LaSalle both because of their market understanding and also because of their experience in forging strong relationships with international tenants, founded upon model terms and conditions. We will provide tenants with the highest quality experience from the moment they decide to make Dubai Trade Centre District their base of operations,' he concluded.

Built to the world's highest standards of design by internationally-renowned group Hopkins Architects, the grade A1 corporate offices within Dubai Trade Centre District are designed to the highest international specifications and incorporate LEED sustainability standards.

Khalid Yousif Al Fahim, Manager - Development, Dubai World Trade Centre, said: 'This is a distinct project, which takes its inspiration from such major global commercial districts as London's Canary Wharf, Tokyo's Marunouchi District, Manhattan's Fifth Avenue and Hong Kong's Central District.'

'Developed with business in mind, every workplace will be equipped with the latest infrastructure and technological facilities, complemented by unrivalled car parking availability and augmented by occupational tenures and terms that have been designed to suit all types of businesses, to make Dubai Trade Centre District the right location for any organisation,' he added.

Jones Lang LaSalle will utilise its extensive worldwide network to offer the property to major blue chip firms.

Blair Hagkull, Jones Lang LaSalle Middle East and North Africa Managing Director, said: 'We are delighted to partner with Dubai World Trade Centre on the Dubai Trade Centre District project, which we feel will become one of the most sought-after commercial developments in the region. The District will offer an excellent opportunity for international occupiers to take prime office space in the centre of the world's most exciting market.'

Phase one of the Dubai Trade Centre District is due to be completed in 2010.