Abu Dhabi – Mubasher: Abu Dhabi National Exhibitions Co. (ADNEC) formed a venture with UK developer Mount Anvil Group to build apartment towers next to the ExCel London conference venue, Bloomberg quoted two people with knowledge of the plan.
The companies could develop about 1,000 homes on land next to the exhibition center, the people said.
The venture has not yet applied for approval to build on the land, which is currently used for parked vehicles.