Dubai - Mubasher: Dubai International Financial Centre (DIFC) announced that it has completed the development of “The Exchange” project at a total cost of AED 180 million.
Located in DIFC’s gate village, the project comprises mixed-use office and retail project that will provide a new home for the Nasdaq Dubai exchange, according to DIFC’s statement on Saturday.
The development offers an overall leasable area of 147,000 square feet, of which 33,000 square feet is reserved for retail use, with more than 80% of the new project has already been leased, the MENA's top international financial centre noted.
“Unveiling of The Exchange reflects the impressive pace DIFC has maintained towards achieving our 2024 strategy,” chief executive of DIFC Authority Arif Amiri said.
The new project “enables us to attract major players in the financial services industry as we meet their current demands and address future occupier trends,” he added.
The Nasdaq Dubai exchange eyes expanding its presence and moving from DIFC Precinct Building 5 to the eighth floor of the new development.
