

Pearl Develop-ment and Real Estate Company (PDREC), a consortium of GCC investors, has announced the topping off of the structural work at the BD95 million ($250 million) Abraj Al Lulu project in Bahrain.
The cladding works on the project is scheduled for completion this month.
The project which is Bahrain’s largest private sector freehold residential development has concluded 68 per cent of the finishing work with the completion of 10.36 million man-hours, says Pranay Thacker, director, Dadabhai Construction.
Work on the project is progressing rapidly with the landscaping of the podium – which includes key facilities and amenities – being already under way.
“We are very much on track to conclude the entire construction work by the third quarter of 2008 as per our original schedule,” he added.
Situated on a 184,700 sq ft plot, the project houses 903 apartments in one complex in three towers along with 1,200 parking spaces and will offer a total built up area of 2.25 million sq ft.