Dubai Aviation City Corporation, Dubai World Central (DWC), the region’s first aerotropolis, announced today that it has appointed CB Richard Ellis (CBRE), the world’s largest real estate consultancy, as its global marketing and leasing agent for the DWC Office Park.
The DWC Office Park, which consists of 10 office buildings in two clusters, offers a total of 2.3 million square feet of leasable area, available in a range of occupancy levels, starting at 1,000 square feet.
Under the terms of this agreement, which was signed today by Rashed Buqara’a, Chief Operating Officer, Dubai Aviation City Corporation, and Nicholas Maclean, Managing Director, CB Richard Ellis Middle East, the real estate consultancy has been provided an international mandate to identify, attract and sign potential tenants seeking to benefit from integrated commercial space at DWC Office Park.
“We are very pleased to announce the appointment of CB Richard Ellis as our global marketing and leasing agent, which we believe will support the ongoing growth of Dubai World Central as a rapidly growing fast-cycle logistics hub,” said Buqara’a.
“The DWC project offers the seamless linking of an integrated network of road, air, sea and eventually rail, enabling a fluid transit of goods throughout the cargo chain. This network is transparent and visible and a customer can track their shipments throughout the entire shipment cycle. Today, more than 120 local, regional and international firms have already commenced operations at Dubai World Central – and another 40 have signed commitments to establish a presence here. With the support of CB Richard Ellis, we are confident that our current growth trajectory will accelerate even further.”
Among the benefits of operating from Dubai World Central are world-class commercial office space; immediate access to Al Maktoum International Airport, which commenced operations in 2010; close proximity to Jebel Ali Sea Port, the sixth-largest container terminal in the world; and links to all the main motorways in the UAE.
Commenting on the appointment Nicholas Maclean, Managing Director, CB Richard Ellis Middle East, said: “The Al Maktoum International Airport development by DWC is further enhancing Dubai’s credentials as one of the leading logistics and transportation hubs in the world, and we are proud to have been selected to manage the leasing of the office space and additional land.
“All types of companies will benefit from the Office Business Park development, as it is in the easily accessible Jebel Ali area and can be offered on a free-zone basis or not, depending on the client’s specific needs. We have already seen strong interest from a variety of companies, attracted by the high level of facilities offered – and not all of them are in the logistics sector.”
The DWC Office Business Park will offer a one stop shop for companies looking for licensing / registration of their business and financial support is also offered under certain circumstances. Companies with future expansion plans can also benefit from the abundant land surrounding the existing infrastructure.
In addition to marketing the Office Park, CBRE will also promote other business components of DWC, such logistics plots and aviation facilities.