Limitless Signs China National Petroleum Company In 30,000 Sq Ft Office Lease
The Galleries Is New Middle East Hub For Oil And Gas Giant
The Galleries at Downtown Jebel Ali, Limitless’ flagship project in Dubai, is the new Middle Eastern hub for China National Petroleum Company (CNPC), China’s biggest oil and gas supplier.
CNPC has taken 30,000 sq ft – two entire floors – of A-grade office space at The Galleries, one of Dubai’s fastest-growing business communities. More than 140 CNPC staff are based there.
CNPC is the latest in a string of global and local companies to move to The Galleries, where Siemens, Arup, L’Oreal, Ericsson, Kraft Food, SPX Corporation and dozens of other firms are already operating or in the final stages of fit-out. Nearly 380,000 sq ft of the available office space is now taken.
Tenant benefits at The Galleries include the option of a Jafza licence; an onsite Metro station, convenient location for Dubai and Abu Dhabi; and an ever-expanding selection of retailers and restaurants.
Bahaa Abouhatab, Project Director at The Galleries, said: “With CNPC’s arrival, we now proudly represent a diverse range of companies from all corners of the globe including China, Japan, USA, UK, Sweden, France, Italy, India, Lebanon and Saudi Arabia as well as many others from here in the UAE, underlining The Galleries’ position as one of the region’s sought-after business locations.
Wang Baoji, Vice President of China National Petroleum Corporation (Oilfield Services, Middle East), said: “The Galleries provides a unique platform for our business, and we are enjoying the benefits of the convenient facilities and services provided by Limitless and Jafza. We look forward to building on this relationship and to a prosperous future for our business here at The Galleries.”
The Galleries is on Sheikh Zayed Road, 45 minutes by car from Abu Dhabi and 200 metres from a Dubai Metro station. The development’s four commercial towers have a total 780,000 sq ft of office space, with a further 68,000 sq ft of retail space, where several restaurants, retailers and international banks including HSBC, Standard Chartered, Citibank and ADCB are open or being fitted out. There’s also a landscaped outdoor plaza spanning 215,000 sq ft.
The Galleries’ modern, tailor-made accommodation comes with Jafza licensing options, onsite facilities management and tenant relations teams. Areas for lease range from 3,500 sq ft to 15,000 sq ft per floor, and multiple floors can be taken.
To find out more about leasing at The Galleries, call 800 8500 or email info@limitless.com
Emirate: Dubai
Date: May 24, 2011
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