Surrounding the museum on Saadiyat Island, new commercial and residential zones are being developed, creating “a city within a city.”

The proposal is organized into two major zones, each with a distinct character and purpose.

The £280 million agreement was executed through the subsidiary company Copthorne Hotel Holdings.

The project design was assigned to Tsolakis Architects following an extensive competitive selection process.

The issuance will have a minimum size of €90 million and a maturity of five years.