Cleveland Clinic seals big lease deal with Aldar
Abu Dhabi, August 24, 2014
Cleveland Clinic Abu Dhabi said it has reached an agreement with top UAE developer Aldar Properties to take 607 apartments on lease for its employees.
The leased units are at the Gate Towers development on Al Reem Island and the Al Rayyana development in Khalifa City.
Commenting on the deal, Aldar CEO Mohammed Khalifa Al Mubarak, said: "Abu Dhabi’s strategy of economic diversification and well planned development is creating significant demand for high-quality, modern residential property."
"Major employers are seeking bulk housing solutions in communities that offer excellent amenities and facilities, and Aldar is responding to these needs. Leasing activity has been very strong this year, helping to strengthen our recurring income portfolio," he added.
Cleveland Clinic Abu Dhabi CEO Dr Marc Harrison said: “Being able to attract and retain the most qualified caregivers is essential to our medical care offering. One of our goals is to provide our staff with high quality accommodation in Abu Dhabi and this agreement allows us to do just that.”
Al Rayyana comprises 1,537 apartments across 33 low-rise residential buildings and enjoys close proximity to a broad variety of leisure, sporting, retail and educational amenities.
The Gate Towers, located at the heart of Shams Abu Dhabi on Al Reem Island, is made up of 3,533 units and offers a range of amenities for residents including a leisure podium with swimming pools, tennis and squash courts, children’s play areas, day care centre, prayer rooms, recreational rooms, and much more.-TradeArabia News Service