Gulf Hotels Group in deal with Olympic
Gulf Hotels Group has announced the commencement of a new project, the Gulf Residence Juffair, for which Olympic Contracting Co has been selected as the contractor.
The signing ceremony took place at the Gulf Hotels Group’s executive offices and the agreement was signed by Aqeel Raees, Chief Executive Officer & Board Member of Gulf Hotels Group and Mubarak Al Noaimi Deputy General Manager Olympic Contracting Company.
Construction work has already commenced, and the project is set to be complete in about 22 months, a statement by Gulf Hotel Group said.
The Gulf Residence Juffair will feature 108 deluxe serviced apartments of 1, 2 and 3 bedroom apartments together with food and beverage options and health and recreation facilities, which will be the third addition to the Gulf Residence chain of luxury serviced apartments and will complement the growing residential demand in the area.
Chief Executive Officer and Board Member of the Gulf Hotels Group, Aqeel Raees said, “Gulf Residence Juffair is another milestone in Gulf Hotels Group’s portfolio and it comes in line with the Group’s growth and expansion strategy adding to the properties owned by the Group.”
Also present at the signing ceremony from Olympic Contracting Company were Salah Salem, Engineering Dept. & Projects Director, from architects Ansari Engineering Services Jim Knox, Head of Architectural Services and K L Bhaskaran, Manager – Projects, from quantity surveyors Baker Wilkins & Smith, Martin Philips, General Manager and Ian Ferguson, Senior Managing Surveyor and from Gulf Hotels Group: Garfield Jones - Deputy Chief Executive Officer, Suresh Surana - Chief Financial Officer, Lloyd Fernandez – Technical Services Director and Bakhsi Shuvendu – Director of Projects.
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