MZ Investments

International Hotel Investment p.l.c. – New Corinthia Hotel & Residences in Dubai
21 February, 2025

On 20 February 2025, International Hotel Investments p.l.c. announced that two of its subsidiaries, namely Corinthia Hotels Limited (“CHL”) and QP Limited (“QP”), have respectively signed contracts relating to a landmark mixed-use 102-storey project to be developed on Dubai’s main thoroughfare.

The project will comprise two linked towers occupying some 320,000 sqm of floor area. QP will provide project and cost management services, as well as design peer review of the structural engineering, building services engineering, and interior design. On the other hand, CHL will provide management and expertise to operate a luxury Corinthia Hotel having approximately 120 rooms. CHL will also provide branding and servicing to luxury residences being developed in the towers.

The development is owned by Dubai General Properties LLC which specialises in real estate projects in the United Arab Emirates. The project is at an advanced design stage.

 

Important Information:

 This news article is intended for the general public and is for information purposes only. The contents of the article should not be construed as investment advice or an offer or agreement to buy or sell investments.

M.Z. Investment Services Limited of 63, MZ House, St Rita Street, Rabat RBT 1523, Malta, is regulated by the Malta Financial Services Authority and licensed to conduct investment services business in terms of the Investment Services Act (Cap. 370 of the Laws of Malta).

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