Trafalgar Trading Estate comprises 11 units totalling over 79,000 sq ft of industrial space.
While Waldorf Astoria is represented in other emirates, including Dubai and Ras Al Khaimah, this will be the first one in Abu Dhabi.
JLL: what changes are necessary to deliver business value.
Located in prime office building owned by CapitaLand venture.
The most important factor in selecting an area for residential projects is the location of the property-plot according to CSE-listed company Wealth Avenue PLC.
The project is part of Club Med's wider global strategy to shift towards more luxurious accommodation experiences.
Residential properties recorded a 4.7% surge in a year.
The hotel will continue to operate under the Hyatt franchise and be managed by a Yiannis and Tina Daskalantonakis' interests firm.
The properties comprise a total lettable area of over 127,000sqm.
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The Tripoli Courthouse, a two-story structure with a basement, was originally constructed around 1930.
