About Project

In 2008, Mubadala decided to develop the Abu Dhabi Global Market Square (ADGM).

LOCATION : Abu Dhabi, UAE

VALUE : USD 256 Million

SIZE : (2 T x 30 F + 2 T x 36 F) + 2 B + 1 M

CLIENT : Union Properties [Thermo]

Overview

Mubadala is a sovereign investor managing a diverse portfolio of assets in the UAE and abroad. Currently ADGM Square is a growing business and hospitality hub, boasting 450,000 sqm of office, retail, and hotel offerings. Mubadala signed the main contract on 30 July 2008 to build four grade “A” commercial office towers (which will be called later Al Sila, Al Sarab, Al Maqam, and Al Khatem); two luxury business hotels, (will be operational later by Rosewood Abu Dhabi and Four Seasons Hotel Abu Dhabi); the area also features an architecturally striking, glass-encased waterfront commercial building a 5.4 kilometer waterfront promenade, and provides a lavish retail selection.

To achieve that, the main contractor awarded Thermo on that same day 30 July 2008 with a subcontract agreement to carry out the electromechanical scope of works, according to the international standards, and are the first in the UAE to achieve LEED Core and Shell Gold precertification by the US Green Building Council. The buildings have a ventilated double-skin façade, PV panels, external shades, occupancy-sensed lighting, and more.

Thermo completed its subcontract works by 29 April 2012. Upon the final account submission, a dispute arose between the main contractor and Thermo.

In 2019, Kingston was awarded a case management consultancy contract by Union Properties / Thermo for the ADGM to compile a claim against the main contractor of multimillion USD. Later on, in 2021, Kingston achieved 100% claim full and final judgment against the main contractor and moved on to enforce that said order inside the UAE and outside.