Dubai, UAE – ICD Brookfield, a 50/50 joint venture between the Investment Corporation of Dubai and Brookfield Properties, has signed a pre-let agreement with global professional services firm Ernst & Young (EY), for 120,000 square feet at ICD Brookfield Place in Dubai.
EY will occupy 4 floors of the 53-storey tower including three podium levels, with a private terrace and dedicated reception on Al Sa’ada Street. EY plans to occupy the building from Q3 2019.
Designed by world-renowned architects Foster & Partners, the 1.1 million-square-foot development, which topped out this month, comprises 990,000 square feet of Grade A office space and 140,000 square feet of retail space.
ICD Brookfield Place is centrally located in the Dubai International Financial Centre and directly connected to the Gate Avenue. The building will become one of the most prominent office towers in Dubai and will establish a new benchmark in commercial development for the region.
Khalid Al Bakhit, Chairman of ICD Brookfield said, We are delighted that ICD Brookfield Place has attracted such a large pre-lease commitment. With efficient and flexible workspace alongside a fantastic selection of casual and fine dining, curated retail experiences and amenities, ICD Brookfield Place is an attractive address for an array of companies.
For more information about ICD Brookfield Place, please visit: www.icdbrookfieldplace.com
About ICD Brookfield
ICD Brookfield is a Joint Venture partnership between Investment Corporation of Dubai (ICD), the Principal investment arm of the Government of Dubai, and Brookfield Properties, a premier real estate operating company.
ICD was established in May 2006 under a mandate to consolidate and manage the Government of Dubai’s portfolio of commercial companies and investments; and provide strategic oversight to the portfolio. ICD’s portfolio includes Dubai’s most recognised companies, from a cross-section of sectors including financial services, transportation, energy, hospitality, and others that the Government of Dubai has deemed to be strategic for the continued development of the Emirate. For more information on ICD please visit www.icd.gov.ae
Brookfield Properties is a fully-integrated, global real estate services company, providing industry-leading portfolio management capabilities across the real estate investment strategies of Brookfield Asset Management — a global alternative asset manager with over $330 billion in AUM.
Brookfield Properties develops and manages premier real estate with a focus on maximizing the tenant experience in addition to the investment and operational performance of the asset. We also focus on integrating leading-edge real estate technologies which enables us to be at the forefront of innovation and sustainability – benefiting not only our tenants and business partners, but also the communities in which we operate.
For more information about our approach to operating and developing best-in-class real estate, please visit www.brookfieldproperties.com.
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© Press Release 2019