Q Properties awards a AED 61.96 million contract to NSCC International Ltd. for the design and construction of the piles foundation for six apartment buildings of Reem Hills

Abu Dhabi, UAE – 02 January 2024

Q Properties, the leading UAE real estate developer and subsidiary of Q Holding (ADX: QHOLDING), has announced today the award of a AED 61.96 million design and construction contract of circa 5,000 piles foundation of the six apartment buildings of Reem Hills to NSCC International Ltd.

Situated at the heart of the capital, Reem Hills stands as the only gated community on Abu Dhabi’s prestigious Al Reem Island, focusing on exclusivity and well-being.

“We are delighted to announce the selection of NSCC International Ltd. for this crucial piling work across six apartment buildings of our prestigious Reem Hills project. Their proven expertise and commitment to excellence align seamlessly with our vision. Together, we will build a foundation that elevates Reem Hills to new heights of success and innovation.” said Majed Odeh, Group CEO of Q Holding.

The buildings NSCC International Ltd. will work on consist of spacious 1-, 2- and 3-bedroom apartments and 3-bedroom townhouses, all of which are designed with absolute comfort and ease of use in mind.

Commenting on the contract win, Khalil Khouri, Group CEO of NSCC International Ltd., said: “We’re honoured and excited to have been chosen to partner with Q Properties for laying the foundations of this spectacular development in the heart of Abu Dhabi and to bringing it to life.”

The Reem Hills community further delivers on Q Properties’ commitment to contribute to the economic development of Abu Dhabi and supporting the global ambitions of the UAE.