Page 114 - RED HAT PR REPORT - OCTOBER 2024

10/22/24, 11:54 AM TECOM Group Acquires Office Park for AED 720 Million

TECOM Group Acquires Office

Park for AED 720 Million

By Shahba Mayyeri October 21, 2024 1 min read

TECOM Group PJSC (DFM: TECOM), a leader in specialized business districts and

vibrant communities, has successfully acquired Office Park from Emirates REIT for AED

720 million.

This strategic acquisition bolsters TECOM’s portfolio of premium commercial assets and

reinforces its prominent position in Dubai’s commercial real estate sector.

Situated in Dubai Internet City, the region's foremost tech hub, Office Park reflects TECOM

Group’s commitment to sustainable growth and robust financial performance. With this

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