European Business Center
Bigger, taller, more luxurious – Dubai is the city of extremes. A city full of architecture that catches the eye. SOINI ASSET developed a mixed-use property of superlatives in this vibrant metropolis. The project represents the first European real estate transaction at institutional level.
“The European Business Center (EBC) is located at the heart of it all in an ideal strategic location near the port of Jebel Ali, the Jebel Ali Free Zone and the world’s largest airport, Al Maktoum International Airport,” explains Oliver Soini, SOINI ASSET, about the project. The 25,000 sqm multifunctional building at Dubai Investment Park was completed in 2008. “I remember the project very well,” says the expert. “The trend towards mixed-use properties was new at the time, but it was already more widespread internationally than in Germany. The building’s design targets a wide range of uses, creating a perfect working environment for up to 150 companies from the retail, engineering and alternative energy sectors. The ultra-modern office space spans three floors encompassing 18,000 sqm in total. The integrated retail space is situated on the ground floor and features 7,000 sqm of exclusive retail space for rent. Mixed-use concepts are gaining significance and are creating important hubs in cityscapes. They have become a standard feature in modern urban development, bringing together trends from different areas of life under one roof. Key advantages in this attractive asset class include short distances, new inspiration and more compact cities.”
Oliver Soini, SOINI ASSET
Office/mixed-use
European Business Center Dubai
Dubai
25,000 sqm (office: 18,000 sqm, retail: 7,000 sqm)
Property developer, financial investor
28. March 2023