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Nakheel invites tenders, expands in hospitality sector

Nakheel invites tenders, expands in hospitality sector
Dubai’s giant property developer Nakheel announced inviting tenders for the construction of a 50-floor mixed-use hotel project, reported Construction Week Online, adding that the closing date for bid submission for the Palm Jumeirah Tower project is November 2.

The tower comprises a five-star, 290-room hotel and 502 furnished services apartments, Nakheel said in a statement, adding that The Palm Tower would have panoramic views of Palm Jumeirah, the Gulf and Dubai’s skyline.

The project is expected to be completed in 2016, Nakheel said, highlighting that The Palm Tower will be its flagship as it is part of the firm’s expansion in the hospitality and leisure sector.