TDIC entices real estate investors at Cityscape

Abu Dhabi-developer Tourism Development & Investment Company (TDIC) is showcasing its diverse portfolio of commercial plots and high-end residential communities at this year’s Cityscape Global exhibition.

Potential investors will be presented with offers for both lease and sale at the expo including a limited number of land plots at tourism hotspot Saadiyat Beach, which says TDIC will appeal to the hospitality and leisure sector including the luxury hotel market.

The developer will also highlight fresh opportunities for investment at university neighbourhood, which it says has already received high levels of interest following the release of commercial plots at Saadiiyat Marina District, destined to become home to New York University Abu Dhabi (NYUAD) by 2014. It is also offering a limited collection of residential plots for sale at Saadiyat Beach Golf Views alongside its retail portfolio including 168,000 sq m of leasable space at ‘The District’, scheduled for completion by 2017.

Ahmed Al Fahim, executive director of marketing, communications, sales and seasing at TDIC, said: “We are excited about our participation at Cityscape Abu Dhabi this year. We have witnessed significant growth recently in the real estate market in Abu Dhabi and in the UAE in general, which is evidence to the return of confidence in the investment sector, supported by the availability of liquidity in the market and the bank’s offering of various financing options.”

Tourism Development & Investment Company (TDIC) is located at the Atrium, Cityscape Abu Dhabi, 16-18 April 2013 at the Abu Dhabi National Exhibition Centre (ADNEC).