ENBD REIT pursues WELL Health Safety Rating on Al Thuraya Tower 1 project – MEP MiddleEast

ENBD REIT pursues WELL Health Safety Rating on Al Thuraya Tower 1 project – MEP MiddleEast

Shari’a compliant real estate investment trust ENBD REIT (CEIC) PLC (ENBD REIT), which is managed by Emirates NBD Asset Management Limited, is pursuing the WELL Health Safety Rating for the Al Thuraya Tower 1.

ENBD REIT has appointed Savills to manage the certification process as part of a series of strategic upgrades to Al Thuraya Tower 1, located in Dubai Media City, a cornerstone asset in its portfolio.

The WELL Health Safety seal is part of the International WELL Building Institute (IWBI) WELL Building Standard (WELL), a roadmap for creating and certifying spaces that advance human health and well-being.

The WELL Health Safety seal is awarded after an annual review of a building’s health and safety policies and protocols.

The rating and ongoing construction works at Al Thuraya Tower 1 are due to be completed in late 2021, ensuring that tenants benefit from the highest quality facilities.

Al Thuraya Tower 1 will offer revamped communal meeting spaces, a level 1 garden area and refurbished common areas along with an improved working environment that adheres to the specifications of the globally recognised certification.

Al Thuraya Tower 1 is the largest asset in the REIT’s portfolio by value at $69mn, with the current investment for