Damac awards major contract to MAN

20 December 2011: Damac Properties has awarded its $67 million (approx Rs.353 crore) contract to MAN Enterprise for the construction of the first Versace-branded residential development, Damac Tower in Beirut. The award of the main contract follows the completion of the enabling works by ZETAS Apex Foundation Technologies.

MAN Enterprise is an international leader in the construction industry, with forty years experience in the Mena region and the Levant. The 28-storey tower overlooking the exclusive Solidere Marina is a stunning blend of exquisite Versace interiors, unique architectural design, in an enviable location on the shores of the Mediterranean. Damac Tower was last year recognised with the highest global property accolade, receiving an International Property Award for ‘Best High Rise Architecture.’

Source: Trade Arabia