Dolmen Group
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Dolmen Group owns 80% of the venture, titled International Complex Project, while the remaining 20% is owned by the Arif Habib Group. The venture itself owns Dolmen City and Dolmen Malls.[1] Dolmen Group is engaged in the development, construction and management of shopping malls, office towers and residential apartment blocks including Grooves Residency across Karachi.[2][3]
Dolmen Group was established in 1984.[4]
Dolmen City[edit]
Dolmen City is a mixed-use complex,[5] situated on the waterfront of Clifton, in Karachi, Pakistan.[6] The covered area of the Dolmen City complex will be 3,441,340 sq ft (319,711 m2).[7]
Dolmen City's site was designated as the site of a casino development,[8][9] The site was purchased for 100 million rupees by Dolmen Group.[8] in June 2015, the venture have listed on the Pakistan Stock Exchange as Dolmen City REIT .[10]
The Towers of Dolmen City were designed by architect Arshad Shahid Abdulla.[11] Both includes corporate offices.[12] Executive Tower is a 17 storey office building,[13] and is leased by the co-working space organization Regus.[14] Harbour Front is rented out to Mitsubishi and Procter & Gamble.[15]
Dolmen Malls[edit]
Dolmen Group owned and operate Dolmen Malls, which is a chain of shopping malls in Karachi, Pakistan .[16] Dolmen Group was established in 1984 as a real estate investor.[17]
The group owns and operates three malls.[18] Dolmen Mall Tariq Road was opened in 2000. Dolmen Mall Hyderi was built in 2008 and Dolmen Mall Clifton was opened in 2011.[19][20][21]
Dolmen City REIT[edit]
The occupancy rate for Dolmen Mall stood at 98.3 percent in 2020, while those of the Harbour Front Building stood at 92 percent in 2020.[22]
Grove Residency[edit]
The project comprises of three high rise buildings. located adjacent to KPT interchange at the entrance of DHA Phase 7 Ext.[4][23]
External links[edit]
References[edit]
- ↑ Tribune.com.pk (2015-06-09). "Foot in the boom: Small-time investors look to own Dolmen City". The Express Tribune. Retrieved 2020-04-18.
- ↑ "Dolmen City REIT". Business Recorder. 16 January 2018. Retrieved 26 September 2019.
- ↑ "Grove Residency, Karachi—A Project by Dolmen Group". A blog about real estate, lifestyle and tourism in Pakistan | Zameen Blog. Retrieved 2020-09-25.
- ↑ 4.0 4.1 "Grove Residency, Karachi—A Project by Dolmen Group". A blog about real estate, lifestyle and tourism in Pakistan | Zameen Blog. Retrieved 2020-09-26.
- ↑ "Dolmen City | Buildings". www.emporis.com. Retrieved 2020-04-18.
- ↑ "Dolmen Mall Clifton | Dolmen Group". www.dolmengroup.com. Retrieved 2020-04-18.
- ↑ "Dolmen City | ASA". asa.com.pk. Retrieved 2020-04-18.
- ↑ 8.0 8.1 Alam, Kazim (2019-10-21). "A seller of optimism". dawn.com. Retrieved 2020-04-18.
Similarly, the old casino complex in Clifton on which Dolmen Mall and Harbour Front now exist was originally purchased for only Rs100m. Today, the value of the listed portion of that property is in excess of Rs50bn.
Unknown parameter|url-status=ignored (help) - ↑ Qutubuddin; Issue date April 28, 1978; Updated March 15, 2015. "General Zia-ul-Haq closes down Pakistan's first-ever casino". India Today. Retrieved 2020-04-18.
- ↑ Tribune.com.pk (2016-05-17). "Real Estate Investment Trust: Arif Habib Group holding back new schemes". The Express Tribune. Retrieved 2020-04-18.
- ↑ "Dolmen City Tower A - The Skyscraper Center". www.skyscrapercenter.com. Retrieved 2020-04-18.
- ↑ "Hotel & Sky Tower | Dolmen Group". www.dolmengroup.com. Retrieved 2020-04-18.
- ↑ "The Executive Tower, Karachi". www.emporis.com. Retrieved 2020-04-18.
- ↑ "Regus Pakistan". Regus Pakistan. Unknown parameter
|url-status=ignored (help) - ↑ "Dolmen City REIT – Arif Habib Dolmen REIT". Retrieved 2020-04-18.
- ↑ Arshad, Aisha (November 28, 2016). "Out with the old, in with the new".
- ↑ Baig, Mariam Ali (18 May 2017). "Creating the Dolmen experience". Aurora Magazine. Retrieved 26 September 2019.
- ↑ Baig, Mariam Ali (2017-05-18). "Creating the Dolmen experience". Aurora Magazine. Retrieved 2018-06-09.
- ↑ "Dolmen Shopping Festival set to mark silver jubilee with 17 day grand celebrations". The Express Tribune. December 18, 2013. Retrieved May 14, 2018.
- ↑ "Dolmen Mall brings 5 days of Independence Day celebrations to Karachi". Dawn. 2018-08-07.
- ↑ "Directory". Dolmen Mall. Unknown parameter
|url-status=ignored (help) - ↑ Research, B. R. (2020-01-21). "Dolmen City REIT- slowing consumerism?". Brecorder. Retrieved 2020-09-27.
- ↑ "Grove Residency | Dolmen Group". www.dolmengroup.com. Retrieved 2020-09-26.
Dolmen Group[edit]
Chateau Louis XIV (talk) 19:55, 25 September 2020 (UTC)
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