Emaar joins hands with Beijing New Aerotropolis Holdings

Emaar signed a MoU with Beijing New Aerotropolis Holdings (BNA) recently to jointly develop a Business and Tourism Complex, integrating retail, entertainment, office, hotel hospitality, convention, sport, art and lifestyle functions in a one-stop solution. Emaar and BNA will share resources in order to establish the Aero-Economic Area. This collaboration signals that Emaar is very seriously eyeing entering into the mega development of China and leveraging its long experience in building key projects and attractions. This MoU also opens up a new spectrum of opportunity to bring Emaar’s iconic projects and premium lifestyles to China.

Emaar is a leading global property developer and provider of premium lifestyles based in Dubai, UAE, and present in 13 countries. The group has a land bank of 1.6 billion square feet in the UAE and key international markets including Downtown Dubai, Dubai Marina, and Dubai Creek Harbour. Emaar has built landmark projects in the Middle East, North Africa, the United States, Europe and South Asia, which deliver ideal lifestyles. The group also plays an important role in the China-UAE strategic partnership, and is actively exploring the Chinese market in response to The Belt and Road policy.