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Deyaar breaks ground on South Bank Place

Qatar - May 8, 2016
southbank place

Qatar-based real estate Deyaar has started construction works on South Bank Place that lies in the heart of London and is known worldwide as Shell Tower.
The project will be developed by a joint venture between Canary Wharf and Deyaar Real Estate. It includes exceptional houses, office spaces, and retail outlets. The project features a unique location near The Eye of London.
Khaled Mohammed Al Sayed, the executive chairman of Deyaar, said that the project launch marks a significant moment in the company’s timeline as it is one of the largest projects for the company in London.
South Bank Place will include 800 apartments on five buildings, it will include also two new buildings of 53 thousand square meters for commercial use. Shell Tower is still a major hub for the project as it includes a number of retail outlets and restaurants on 48 thousand square meters.
It’s worth mentioning that September 2015 marks launching sales of South Bank Place when 80% of the project units were sales. March 2016 marks launching the second phase of sales.

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