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ICD Brookfield Place seals 11 lease deals with blue-chip companies

DUBAI, January 19, 2021

UAE-based ICD Brookfield has announced the signing of 11 new leases at ICD Brookfield Place totalling 72,000 sq ft by blue-chip companies including UBS, the world’s largest wealth manager with focused investment bank and asset management divisions, and Dubai Aerospace Enterprise (DAE), one of the world’s largest aircraft leasing companies and a leading regional MRO provider. 
 
Located in the Dubai International Financial Centre (DIFC), ICD Brookfield Place is a 1.1-million-sq-ft office and retail complex, designed by renowned architects Foster & Partners. 
 
The recent leasing activity at Dubai’s most sustainable and forward-thinking building signals economic confidence and a desire for companies to return to innovative workplaces.
 
ICD Brookfield said the Leed Platinum ICD Brookfield Place - the largest and tallest Platinum-certified office tower in EMEA - has seen an increasing demand for space and it expects this to continue throughout the year as more businesses return to the workplace and seek healthier buildings for their employees. 
 
Tenants’ commitment to lease at ICD Brookfield Place for the long term is not only a strong endorsement of Dubai as a global city that attracts international organisations as a place to do business, but also of the wider region, it added.
 
On the successful leasing, CEO Rob Devereux said: "We’ve had fantastic leasing success at ICD Brookfield Place, endorsing the property as a vibrant place for people to work and visit. UBS are well regarded as leading pioneers for change and sustainable investing, whilst Dubai Aerospace Enterprise (DAE) is committed to sustainability and energy efficiency."
 
"We have seen a growing interest amongst tenants for healthier buildings that enable them to maintain a competitive edge through their workplace environment, and operate in line with the highest environmental, health and safety standards," stated Devereux.
 
"With its innovative design, efficient workspace, as well as being one of the greenest and smartest tech enabled buildings in Dubai, ICD Brookfield Place is making a name for itself and giving businesses a reason to return to the office," he added.
 
Firoz Tarapore, Chief Executive Officer of DAE, said: "We are very much looking forward to moving our company headquarters to ICD Brookfield Place in the coming months. As a global aerospace corporation engaged in aircraft leasing and engineering, energy efficiency and sustainability are always a key focus and priority for us, and to move our headquarters into one of the world’s most innovative buildings in this field underpins and contributes to our commitment to the environment."
 
"Furthermore, we believe ICD Brookfield’s thought and design towards ensuring the health and wellbeing of its tenants ensures that our staff will welcome and enjoy the move to this remarkable building. We congratulate ICD Brookfield with the completion of the building and look forward to making ICD Brookfield Place our corporate home for years to come," he added.
 
The other major tenants at ICD Brookfield Place include Nomura, Elie Khoury Art Foundation, Binghatti Holding Limited, The Arts Club corporate office, Montfort Investments Limited, Houlihan Lokey, Tilad Investment Company, R.J. O’Brien (MENA) Capital Limited and V Group Managing Service.-TradeArabia News Service



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