Latest news with #ICDBrookfieldPlace
New Straits Times
20-05-2025
- Business
- New Straits Times
Abu Dhabi's Lunate, Brookfield start US$1bil residential property venture
DUBAI: Abu Dhabi alternative investment manager Lunate is setting up a US$1 billion Middle East residential real estate joint venture with Brookfield, according to a statement on Tuesday. The venture will focus on "developing high-quality build-to-sell and opportunistic buy-to-sell residential assets" across the UAE, Saudi Arabia, and other markets in the Middle East, the statement said. It will also establish its own dedicated team to develop and manage these assets. Lunate, which has US$110 billion in assets under management, will commit a "significant" cornerstone investment to the venture, it said. The Abu Dhabi firm will also leverage its regional network and capabilities to help drive the venture's commercialization and fundraising efforts, it added. The deal follows Lunate's acquisition of a 24.5 per cent equity interest in ICD Brookfield Place, a flagship commercial tower in Dubai's financial center, in March 2024. The Gulf's business and tourism hub, Dubai has experienced a post-pandemic property boom, fuelled by foreign investment and government-led residency reforms. Residential real estate values in the emirate surged almost 70 per cent in the four years to December 2024, according to Knight Frank. Neighbouring Abu Dhabi has also seen demand from foreign buyers on the back of business activity from hedge funds, family offices and cryptocurrency firms.
Zawya
20-05-2025
- Business
- Zawya
Abu Dhabi's Lunate, Brookfield start $1bln residential property venture
DUBAI - Abu Dhabi alternative investment manager Lunate is setting up a $1 billion Middle East residential real estate joint venture with Brookfield, according to a statement on Tuesday. The venture will focus on "developing high-quality build-to-sell and opportunistic buy-to-sell residential assets" across the UAE, Saudi Arabia, and other markets in the Middle East, the statement said. It will also establish its own dedicated team to develop and manage these assets. Lunate, which has $110 billion in assets under management, will commit a "significant" cornerstone investment to the venture, it said. The Abu Dhabi firm will also leverage its regional network and capabilities to help drive the venture's commercialization and fundraising efforts, it added. The deal follows Lunate's acquisition of a 24.5% equity interest in ICD Brookfield Place, a flagship commercial tower in Dubai's financial center, in March 2024. The Gulf's business and tourism hub, Dubai has experienced a post-pandemic property boom, fuelled by foreign investment and government-led residency reforms. Residential real estate values in the emirate surged almost 70% in the four years to December 2024, according to Knight Frank. Neighbouring Abu Dhabi has also seen demand from foreign buyers on the back of business activity from hedge funds, family offices and cryptocurrency firms. In Saudi Arabia's capital, Riyadh, apartment values have climbed 75% in the last four years, according to Knight Frank research.
Emirates Woman
10-04-2025
- Entertainment
- Emirates Woman
Director of ICD Brookfield Place Arts Programme on decentralising art spaces
Malak Abu Qaoud, Director of ICD Brookfield Place Arts Programme, discuss the lifestyle property's pathway to decentralising spaces, her passion for the arts, and fostering education with culture and community at its heart. Malak Abu Qaoud, Director of ICD Brookfield Place Arts Programme. Photography: Omar Sha3 What do the first 30 minutes of your day look like, your morning routine? I wake up around 7am every day. I really try not to check my notifications first thing; otherwise, I'll feel anxious about the day ahead. Sometimes, I wake up earlier and go for a walk along the beach boardwalk, or I fit in a workout at one of the gyms at ICD Brookfield Place. The facilities are great, so it's easy to make exercise part of my routine. Then, I start my day with a coffee and a catch-up call with my long-distance friend and colleague to discuss work updates and brainstorm future ideas. Tell us about your career journey. I've been working since I was a kid. My first job was narrating children's educational computer games when I was nine, and I did that for about seven years while I was in school. When I was living in Montreal, I was always ambitious about finding side projects, internships, and extracurricular activities. I joined a student-run Palestinian human rights association at university, which allowed me to work with artists to raise money for different causes. This led me to join an art consulting and production agency, where I was eventually hired full-time. During my time there, I learned how to work closely with artists, produce exhibitions, and create a community. When I joined ICD Brookfield Place, I applied a lot of what I had learned over the years to my role here. I now run the Arts & Events programme in the building, where my team and I curate public exhibitions and oversee cultural placemaking initiatives within ICD Brookfield Place. Under your directorship, how has the arts programme evolved at ICD Brookfield Place since its inception and how do you aim to steer its future direction? I joined ICD Brookfield Place when the building had just opened, so the identity of the arts programme was mine to shape, without a pre-existing reputation to change or uphold. We started small but were very careful with curation. Our main strategy has always been to support the regional creative community, platform their work in a public setting, and create an ecosystem that connects artists, tenants, and the public. We've been very consistent in curating exhibitions that are accessible to everyone, and now we're pushing the boundaries and messaging with our shows. We strive to articulate progressive social issues and pave the way for change. In the future, I'd love to expand our arts programme beyond the building and collaborate with regional institutions to fund artist residencies and grants. Photography: Seeing Things What sets it apart from the rest of the art spaces in the UAE? How do you strategise the offerings in order to create a strong regional identity? To begin with, ICD Brookfield Place is a commercial office building located in a financial district. Our arts programme operates very differently from a traditional white-cube gallery because we are based in a highly public setting. We bring people from all walks of life together in one space, making us an important part of the ecosystem. We offer something collaborative, communal, and non-traditional, resulting in a true interdisciplinary melding of interests and specialties with exciting outcomes. We don't fit into a specific category of art institutions, which allows us to continuously innovate and evolve based on the needs of the public. To you, what role does the ICD Brookfield Place Arts Programme play in the wider cultural landscape? ICD Brookfield Place is a space for people – we're open to the public and inclusive. We aim to curate shows that are culturally accessible, allowing everyone to truly enjoy and take part in the conversation. We are setting a new benchmark for what non-institutional forms of public art can achieve in the city. Placing art within shared spaces creates engaging environments that allow the public to build and foster organic connections with their surroundings. Through this, people find value in their environment. Public art is not meant to be intimidating; rather, it is engaging because it exists in communal areas enjoyed by people from all walks of life. There is so much joy in witnessing people's reactions to the space – it's the best kind of adrenaline. How do you think your early experiences of art have shaped your vision as the Director? My older sisters studied fine arts in college, and growing up, I was always inspired by them. My dad also used to paint when he was younger, so I grew up in a creative environment. My parents always encouraged me to explore my creativity, whether at home or at school. I think that's what gave me the confidence to trust my instincts when programming the next show. It's something I just feel, and I go for it – which is a blessing because it allows me to explore and take risks. Most of the time, it works out great, but other times, we learn – and that's the best way to grow. What are some of the biggest shifts in the art space throughout the past five years – have any of those changed the way you approach when working on the programmes? I sometimes feel that exhibitions can become repetitive and not very exciting; it's rare that I leave wanting more. Usually, the shows that have that effect are the more experimental ones. At ICD Brookfield Place, I always strive to explore different mediums of art – whether through scenography and design, musical programming, utilising unexpected areas of the building, or even the messaging of the show. It's important to keep things fresh and keep people excited for what's next. What are you looking forward to this year – any highlight that you're personally excited to see? Absolutely! Our current show with Miles Greenberg, titled 'Le Miroir,' is a multi-channel film (ACT I & ACT II). The first act was a durational performance filmed at a historical heritage site in Marrakech as part of the 1-54 Art Fair, while ACT II was filmed in the UAE desert shortly after. The result is beautiful – the film explores human duality and emotional transformation. How do you remain open-minded and interested in discovering new creatives? Are there any specific people or events that have influenced your curatorial lens? It's hard to always be switched on and stay up to date with current trends or upcoming shows, but most of the time I come across new creatives on social media, through other artists, or by spending time in different cities. I find a lot of talent in Jordan and Palestine – it's incredible. When I discover a creative, I try to fit them into the programme or introduce them to other institutions or galleries in the UAE to help grow their careers. There have been some key players in the growth of the programme since its early stages – they have been incredibly supportive, and we have regular catchups and collaborations. What's been key for you in building that authentic community around these projects you've worked on? Honestly, it's about staying true to myself and the programme. I'm very passionate about what I do because I genuinely enjoy it, and I think that comes across naturally. People can always tell when something feels forced or inauthentic. It takes patience, but eventually, the community builds organically, and people start to recognise and appreciate the hard work. Five years in, I couldn't have imagined the programme would grow this much, this fast! This is The Design Issue – what is the first design that has left an impression on you? I studied interior architecture, so I grew up highly attuned to my surroundings. This is probably why I'm so interested in how humans interact with space and how space interacts with art. My earliest impression of design when I was younger was probably my grandparents' home in Jerusalem, their house is so historic, and I loved learning about the cultural preservation of architecture. I'm very interested in conservation of cultural identity and the way architectural elements tell stories of time and place. – For more on luxury lifestyle, news, fashion and beauty follow Emirates Woman on Facebook and Instagram Images: Supplied
What's On
17-02-2025
- Entertainment
- What's On
Fun things to do in Dubai this week: February 17 to 20
Looking for some fun things to do in Dubai this week? Enjoy cocktails at DIFC for a great price, tuck into slices of pizza, or flex your knowledge with a Quiz Night. Here are 8 fun things to do in Dubai this week Monday, February 17 Food, glorious food… Gulfood returns to Dubai this week running from February 17 to 20. We can expect renowned international and celebrated local chefs to unite for live cooking demonstrations and masterclasses. For food lovers, it's a true culinary haven with seven exclusive dinners by star chefs who have come together with a once-in-a-lifetime menu fusing global flavours with local innovation. Besides this, 30 top restaurants across Dubai are offering set menus, discounts and more. If you haven't yet, you can finally book your seats to dine at spots like Filia, Luigia, Mama Shelter, Carna, and Citronelle Club. This is your gentle reminder to wear those stretchy pants. Read more here. Dubai World Cuisine dinners, prices vary, Gulfood After Hours, offers available at select restaurants, Feb 17 to 20, 10am to 6pm, Feb 21, 10am to 5pm, Dubai World Trade Centre, @gulfood Last chance: Sip your way through DIFC If you didn't know, ICD Brookfield Place is hosting Cocktail Week and tonight is your last chance to try out some of their signature cocktails, creative mocktails, and perfectly paired for a special price. A stellar lineup of spots are on the list including Bar Des Prés, Il Gattopardo, Josette, La Niña, Lulu & the Beanstalk, The Guild, and 1920. Each spot is offering exclusive menus from 7pm onwards. Whether you're after a classic cocktail, a bold new creation, or a well-crafted mocktail, there's something for every taste. And at Dhs35 for drinks or Dhs60 for a drink-and-nibble pairing, it's the perfect excuse to explore multiple venues throughout the week. ICD Brookfield Place, Dubai International Financial Centre, from 7pm, priced at Dhs35 for drinks, Dhs60 for a drink-and-nibble pairing. @icdbrookfieldplace Tuesday, February 18 Sparkling nights, sparkling wines Ladies, round up your girlfriends and head to Tapasake on Tuesday for a glamorous night out at Ladies on 27. For three hours, you will enjoy free-flowing bubbles and house wines while catching up and soaking in the ambiance. The experience costs Dhs150, but if you want to add on two signature tapas dishes which blend Japanese and Mediterranean flavours, add on Dhs100. For entertainment, there will be a live DJ and a saxophonist so you unwind and dance the night away. Tapasake, Za'abeel The Link, 27 floor – Dubai, every Tues 7pm to 10pm, Dhs150 three-hour drink package (add Dhs100 for two bites), Tel: (0)4 666 1617. Have a slice day Pizza is one of our favourite comfort food, and on February 18 and 19, there's one spot for fans of the slice to head to: Acquasale. The popular West Palm pizzeria is hosting a special Six Hands Experience with hree Italian master pizzaiolos – Chef Marco Deriu, Manuel Maiorano and Emanuele Riemma. The trio have crafted an exclusive, limited-edition pizza menu that celebrates authentic Italian flavours. PS. You can still also savour Acquasale's classics. It's available on a first-come first-serve format, so don't be late, dude. Acquasale by Cucina, Marriott Resort Palm Jumeirah, Palm Jumeirah – West Beach, Dubai, six-hands dinner Feb 18 and 19, Tel: (0)4 666 1408. @acquasalebycucina Wednesday, February 19 Flex your knowledge On Wednesday, it's Quiz Night at The Underground Pub at Al Habtoor Grand Resort, Autograph Collection, JBR. Head on over with your smart mates and show off how much random knowledge you have. It's free to enter, but you stand a chance to win a redeemable voucher worth Dhs500 to avail at the pub. To stay fueled during the game, tuck into flavours of England-style pub cuisine. Quiz Night, Al Habtoor Grand Resort, Autograph Collection, JBR, every Wed, 7.30pm to 11pm. Tel: (0)50 7806342. @alhabtoorgrandresort Go on a dino quest Love OliOli? The popular children's play museum in Dubai is now offering a chance for young explorers to step into the shoes of paleontologists and go hunt for dino bones. The hands-on activity will offer little explorers to excavate incredible life-sized dinosaur bones and learn awesome facts about these ancient creatures. Not only is it a fun experience, but little ones will also develop skills like problem-solving, teamwork, and critical thinking. The activity is included with a PLUS ticket, so you will pay just Dhs169 for one child and one adult. The fun is available only for a limited time. OliOli Building, Al Quoz, Dubai, Dhs169 for one child and one adult, Tel:(0)4 702 7300. @olioliuae Thursday, February 20 Sweet indulgence Need something sweet to perk up your day/week? Head to La Serre in C2 City Walk and indulge in their latest treat: hot chocolate croissant. It's a cross between a croissant and rich cup of hot chocolate –yes, all in one bite. The New York roll is buttery and flakey filled with hot chocolate. This piece of heaven is just Dhs38, and yours to try from 8am to 4pm. La Serre, C2 City Walk, Dubai. avail daily 8am to 4pm, Dhs38, Tel: (0)52 337 3100/(0)4 320 2201. @ Brighten up View this post on Instagram A post shared by Lucia Clinic (@luciaclinic) Led by celebrity dermatologist Dr Radmila Lukian, Lucia Clinic is a go-to for A-listers and skincare enthusiasts alike. Short on time but need a refresh? Dr. Lukian's clinic offers the HydraFacial Express – perfect for those looking for a quick but effective glow-up. This treatment deeply cleanses, exfoliates, and hydrates the skin using advanced serums and vortex technology, leaving your skin plump, hydrated, and instantly brighter for Dhs630 – with zero downtime. For more glow-ups under Dhs800, visit this link here. Lucia Clinic, Villa 323 Jumeirah Beach Rd, Jumeirah, Jumeirah 2. Tel: (0)4 385 4525. @luciaclinic
What's On
10-02-2025
- Entertainment
- What's On
Sip your way through Cocktail Week at ICD Brookfield Place
Cocktail lovers, this one's for you – ICD Brookfield Place is bringing back Cocktail Week for a week-long celebration of all things shaken, stirred, and expertly poured. From Tuesday, February 11 to Monday, February 17, some of Dubai's most sought-after venues will be serving up signature cocktails, creative mocktails, and perfectly paired bites at special prices. Ready to raise a glass? Cocktail Week at ICD Brookfield Place is calling. The hot spots Expect a stellar lineup of spots, including Bar Des Prés, Il Gattopardo, Josette, La Niña, Lulu & the Beanstalk, The Guild, and 1920, each offering exclusive menus from 7pm onwards. Whether you're after a classic cocktail, a bold new creation, or a well-crafted mocktail, there's something for every taste. And at Dhs35 for drinks or Dhs60 for a drink-and-nibble pairing, it's the perfect excuse to explore multiple venues throughout the week. Mixology meets music Beyond the drinks, expect a lively atmosphere, live entertainment, and a front-row seat to some serious mixology magic. With a lively atmosphere and a focus on quality, Cocktail Week at ICD Brookfield Place invites guests to immerse themselves in the art of mixology while vibing to upbeat tunes and sampling curated bites. It's a week where exceptional drinks meet great company, making it the ideal social outing for cocktail lovers. Pre-booking is highly recommended to secure your spot – these experiences are set to be in high demand. ICD Brookfield Place, Dubai International Financial Centre, 312 Al Mustaqbal st, Trade Centre, DIFC, From Tuesday, February 11 to Monday, February 17, priced at Dhs35 for drinks, Dhs60 for a drink-and-nibble pairing. @icdbrookfieldplace Images: Supplied > Sign up for FREE to get exclusive updates that you are interested in
