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Pakistan property news: Abu Dhabi group to build £850m project

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4 September 2009

Abu Dhabi group, Pal Group, will reportedly break new ground in December to start work on a $1.4bn (£856m) mixed-use property project in Lahore, Pakistan.

The Pal Group of Abu Dhabi has committed to build the upmarket Time Square project, which will include 17 office and apartment towers, a five-star hotel and a shopping centre.

Pal will work in conjunction with joint-venture partner, Pakistan’s Defence Housing Authority on the project, which features 48 acres of land for the development.

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