New offices added to popular SOLO Business Center

« Back SHARE:
21/01/2016 - Our Portfolio Updates

The number of offices at SOLO Business Center in Dubai Sports City (DSC) has been expanded from 56 to 72 in response to burgeoning demand from small businesses keen to take advantage of this unique facility.

Occupancy rates at the SOLO topped 90 percent in 2015 and a number of tenants paid their deposits in advance to secure their office in the building.

The business center is the only facility of its kind in DSC and is therefore able to command premium rates from its SME tenants.

The expansion in office space in Dubai Sports City SOLO Business Center combined with strong demand will therefore generate increased revenue in 2016, according to Head of TFG Asset Management Mariano Faz.

“The new offices will positively impact top-line and cater to current market need, helping SMEs to establish a presence in the sought-after Dubai Sports City district,” he said.

“Following this strategic decision to expand, we look forward to another robust year for our business center.”