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EllisDon in Canada Business Centre deal

Dubai, March 10, 2008

Aakar Developers, a leading Canadian real estate developer, has appointed EllisDon Project Management as the client representative for its Canada Business Centre (CBC) Tower in Dubai Business Bay.

The announcement is in line with the developer’s strategy to leverage partnerships with top Canadian companies to ensure that the highest quality standards will be maintained in the construction of its initial project in Dubai, a statement said.

The Dh200 million ($54.4 million) tower is expected to be among the first developments to be completed in Business Bay.

EllisDon Project Management’s role will revolve around monitoring the progress of the project in conjunction with other consultants appointed by the developer, and ensuring that the project adheres to its predetermined delivery schedule, budget, quality and performance, it said.

As the client representative, the company will provide professional advice to the developer on issues relating to the tower’s commercial and technical aspects, while keeping a close watch on the building systems to make sure that they suit the needs of the end user.

“Our primary goal of bringing Canadian businesses to the highly dynamic Dubai market is being further reinforced by this partnership with EllisDon Project Management,” said Yadvinder Singh, CEO/president, Aakar Developers. “Having carefully examined their competencies and outstanding track record both in Dubai and Canada, our trust in them is not merely based on their country of origin but on the level of expertise, which they will be able to contribute for the successful completion of the Canada Business Centre Tower. Forming strategic alliances with highly competent partners is among our key strategies in ensuring the outstanding value of this project for our customers.”

With a strong background in construction and project management in Canada, EllisDon Project Management has garnered several prestigious awards such as the ‘Best Employer in Canada’ award in 2006 and ‘Canada's Best Managed Company’ Award 2007.

The company has also successfully built a strong reputation in the UAE due to its vast global management experience, which benefited a number of high profile developments in Jumeirah Village South, Jebel Ali Madinat Al Arab and Golden Mile 1, 2 and 3.

Set to accommodate the regional headquarters of leading and most rapidly growing Canadian businesses in the Middle East and other Dubai-based companies, the CBC Tower will comprise three basement levels, four podium levels including ground floor and 16 floors of modern offices and 7,500 sq ft of retail space at the ground level.

Strategically located and with a scenic view of the renowned Burj Dubai, the business tower will include high-tech conference rooms, business facilities, and offices, which allow panoramic lake views through the floor-to-ceiling windows. The commercial tower will also house rest and relaxation facilities such as a fully equipped gymnasium, steam room, rooftop pool, Jacuzzi, food courts and a shopping boulevard, in addition to a six-level indoor parking. – TradeArabia News Service




Tags: Canada | EllisDon | Aakar |

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