April 16, 2018 / 8:28 AM / 6 months ago

BRIEF-Aldar Properties Launches AED 10 Billion Masterplan Alghadeer

April 16 (Reuters) - ALDAR PROPERTIES:

* LAUNCHES NEW AED 10 BILLION MASTERPLAN ALGHADEER

* ALGHADEER MASTERPLAN CONSISTS OF 14,408 UNITS, INCLUDING VILLAS, TOWNHOUSES, AND MAISONETTES

* TOTAL RESIDENTIAL GFA IS SET TO EXCEED 1.3 MILLION SQM AND WILL BE COMPLEMENTED BY OFFICE SPACE, RETAIL SPACE, HOSPITALITY, EDUCATION AND COMMUNITY AMENITIES

* CONSTRUCTION OF THIS FIRST NEIGHBOURHOOD IS SCHEDULED TO COMMENCE IN 2018 AND BE COMPLETED DURING 2021 Further company coverage:

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