TECOM Group to Invest AED 340 Million in Dubai Internet City’s Innovation Hub Phase 3

TECOM Group, the UAE’s pioneer business park operator, announces the major additional investment of AED 340 million (USD 93 million).

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This was in line with TECOM Group’s strategic approach of diversifying and expanding its commercial real estate interests in response to the growing demand for premium office facilities in the Emirate.

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With the launch of Innovation Hub’s third phase, TECOM Group has hit yet another milestone in its portfolio expansion journey.

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This launch coincides with those important milestones of TECOM Group being placed on the lists of important players in the real estate and business ecosystems of Dubai.

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In a bid to respond to this growing demand, Grade A spaces in Phase 3 shall be delivered to tenants.

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The investment of the TECOM Group is not only confined to the Innovation Hub but also extends to growing its land portfolio.

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