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Sun 27 Sep 2015 05:35 PM

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Abu Dhabi investors launch Montenegro’s largest mixed-use development

Prime Minister and dignitaries attended the opening of The Capital Plaza

Abu Dhabi investors launch Montenegro’s largest mixed-use development
(C) Milo Djukanovic Prime Minister of Montenegro and UAE Ambassador to Montenegro attends ribbon cutting ceremony.

Abu Dhabi investors in The Capital Plaza, the largest mixed-use real estate development in Montenegro, were celebrating the official launch of the project on Sunday.

Capital Investment (CI) in collaboration with Abu Dhabi Financial Group (ADFG), have officially opened the development, which is located in the heart of Podgorica, Montenegro’s capital city.

The Capital Plaza (below) is over one million square feet of prime retail, business, hospitality and residential space and was opened by His Excellency Milo Djukanovic, Prime Minister of Montenegro.

Also present at the ribbon cutting event were a large number of prominent officials, dignitaries and diplomats, including Her Excellency Hafsa Al Ulama, UAE Ambassador to Montenegro, His Excellency AbdulHamid Saeed, Chairman of Capital Investment, and Jassim Alseddiqi, CEO of Abu Dhabi Financial Group.

The investors also used the event to announce it has selected luxury hoteliers H Hotel to operate the 139-room hotel located within the project.

Jassim Alseddiqi, CEO of ADFG, said: “Located in the heart of dynamic Podgorica, The Capital Plaza, with its striking architecture, cutting-edge technology and quality fit-out, is a key destination for businesses, residents and tourists from all over the world. Furthermore, the H Hotel will provide the ideal hotel operator brand to augment the building’s status as an iconic landmark for Montenegro.”

 

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