International Hotel Investments plc - Mixed use project in Dubai
On 20 February 2025, International Hotel Investments plc announced that its hotel operating arm Corinthia Hotels Limited and project management firm QP Limited have respectively signed contracts relating to a landmark mixed use 102-storey project to be developed on Dubai’s main thoroughfare. The project is at an advanced design stage and comprises two linked towers occupying some 320,000m2 of floor area rising 500 meters on Sheikh Zayed Road. The development is owned by Dubai General Properties LLC which specializes in real estate projects in the UAE.
IHI explained that QP Limited will provide project and cost management services, as well as design peer review of the structural engineering, building services engineering and interior design, while Corinthia Hotels Limited will provide management and expertise to operate the luxury Corinthia Hotel having approximately 120 rooms and will provide branding and servicing to luxury residences being developed in the towers.