UAE: Gemstone Real Estate Development has selected Kempinski to manage and operate serviced apartments a project in Dubai’s Business Bay.
The 65-storey Kempinski Residences Business Bay will feature 800 serviced apartments, a chef’s kitchen for privately catered functions and cooking classes, and a leisure deck with four pools and a sunset terrace. It is scheduled for completion in Q4 2019.
“The partnership with Kempinski is the start of a long-term relationship, as we entrust them with the management and operation of our 5-star luxury serviced residences in Business Bay. We firmly believe the Kempinski brand stands for unrivalled quality, proven reliability and undisputed value-added services gained from decades of experience,” said Gemstone CEO Federico Tauber.
Gemstone is the property development arm of Saudi Arabia’s Al Rajhi Holding Group,
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