Eagle Hills Inks AED 300 mn Facility for Fujairah Hotel 

Eagle Hills Inks AED 300 mn Facility for Fujairah Hotel 

UAE-based real estate investment and development company Eagle Hills signs a financing facility with a bank for a hotel project, Invest-Gate reports.

Under the facility worth AED 300 mn, the National Bank of Fujairah (NBF) will finance the ongoing construction of the Address Fujairah Resort + Spa in Fujairah.

The development boasts the five-star Address Hotel comprising four residential buildings that include 170 branded apartments, five beach villas, and five garden villas.

The project also features a 500-metre promenade, beach access, and a unique plaza.

The construction work at the project is well underway and completion is on track for 2019.

Menna A. Farouk 368 Posts

Menna A. Farouk is a Cairo-based reporter. She has contributed to several international news organizations, including Deutsche Welle, Al-Monitor and Global Voices.

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