Farglory set to develop $1bn Abu Dhabi hotel and residential project
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Farglory set to develop $1bn Abu Dhabi hotel and residential project

Farglory set to develop $1bn Abu Dhabi hotel and residential project

Abu Dhabi's Mubadala and Taiwan's Farglory Group are set to develop an estimated $1bn hotel and residential project in the emirate's new financial district, Reuters has reported, citing a source close to the project. The project includes high-end residences, office buildings, luxury hotels and shopping malls and construction is set to begin in the third quarter of next year, with completion due in 2016, the source said.

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