It recorded a growth of 122% in the occupancy rate
Dubai South attracts 650 new companies in 2020
Dubai South was able to lease 945.4 thousand square feet last year.
From the source
Dubai South, the largest urban project focusing on the aviation, logistics and real estate sectors, announced that its business complex has attracted 650 new companies, in addition to leasing an area of 945,488 square feet during the past year, despite the difficult challenges faced by the companies.
Dubai South indicated that, given the impact of the Covid-19 pandemic on business sectors, it has launched a set of incentive packages to support the growing business community and help its customers in the business complex and center, with the aim of facing the challenges resulting from the outbreak of the pandemic. In the province of the complex, 90% of the companies operating in it, and recorded a growth of 122% in the occupancy rate during the year 2020.
"The past year was exceptional for everyone, and the challenges of the pandemic affected most industries and sectors around the world," said Khalifa Al Zafin, CEO of Dubai Aviation City and Dubai South Corporation. The business park in (Dubai South) supports the aspirations of our potential customers.
He stressed continuing to serve customers, push innovation mechanisms, and support Dubai's efforts aimed at strengthening the national economy after the pandemic.
"We are currently developing an additional floor for the business center, to meet the increasing demand, and it will be ready by the end of the first quarter of this year," Al Zafin said.
It is noteworthy that the business complex in "Dubai South" provides advanced office spaces in an ideal environment that ensures companies can easily carry out their operations.
The complex attracts a diverse base of customers in various sectors, including information technology, insurance, education and electronic games.
The complex is designed to help companies achieve growth, from startups to small and medium enterprises.
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