Landlord Case Study: Khalidiya Office Tower, Abu Dhabi

Khalidiya, Abu Dhabi: This Class A office tower in Khalidiya, Abu Dhabi was completed in 2012. Haibu Space entered into an agreement with the landlord to manage the transformation of a full 13,000 square foot floor which had been vacant since completion into a Haibu Space location. We managed the entire design and build process over a 4 month period and delivered a turn-key Haibu Space branded project which commenced operations in September 2019.

Within 6 months of commercial operations, the partnership generated revenues for the landlord in excess of 550% above market rents for the building. Within 12 months the project was operating at 95% occupancy.

If you are landlord seeking to diversify your real estate portfolio revenue streams and reposition underperforming or vacant commercial space, Haibu Space has a proven track record of creating highly profitable solutions for UAE landlords since 2015.

 


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Landlord Case Study: Abu Dhabi Mall