Dubai: The Al Habtoor Group said on Tuesday it has appointed Asteco as the sole leasing agent for the three ‘Al Habtoor City’ residential towers. Mohammad Al Habtoor, Vice-Chairman and CEO, Al Habtoor Group, signed the official agreement with John Stevens, Managing Director, Asteco.
A multi-use development, Al Habtoor City will incorporate three five-star hotels (Westin, W Hotel and St. Regis), and three residential towers. The residential blocks will incorporate up to 1,500 luxury apartments, including 11 penthouses. The development is set to open in 2016.