Tilal Properties allots 55,742m2 land plots to Sharjah school
The land allotment was announced on the sidelines of the seventh Real Estate Investment Exhibition (ACRES 2020)
Sharjah-based property developer Tilal Properties, which is a joint venture between the government's investment arm Sharjah Asset Management and Eskan Real Estate Development, has granted Victoria International School — in the emirate — two plots of land at Tilal City.
The land allotment was announced on the sidelines of the seventh Real Estate Investment Exhibition (ACRES 2020), which was held on 5-7 March at the Expo Centre in Sharjah, as reported by state-run news agency Wam.
The agreement is part of Tilal Properties’ plans and strategies to strengthen corporate social responsibility by accelerating educational development within the emirate in line with the directives of Supreme Council Member and Ruler of Sharjah, HH Dr Sheikh Sultan bin Muhammad Al Qasimi.
The signing ceremony was attended by the chairman of Tilal Properties, Sheikh Sultan bin Ahmed Al Qasimi; head of the Sharjah ruler's office, who represented the government of Sharjah and Victoria International School in the emirate, Sheikh Salem bin Abdul Rahman Al Qasimi; chairperson of Sharjah Private Education Authority, Dr Muhadditha Yahya Al Hashimi; director of the Sharjah Research Academy, Dr Amr Abdel Hamid; and the director-general of Tilal Properties, Khalifa Al Shaibani.
Speaking about the land allotment, Al Shaibani said: "Tilal Properties is offering two plots of land spanning 600,000 sq ft (55,742m2) as part of its corporate social programme. The two plots are strategically located at the heart of the city, adjacent to its exit and entry points so that construction can start at any time as part of the development work of Tilal City.”
Tilal City, which is touted as the ‘New Sharjah’ is estimated to accommodate about 65,000 persons, and spans over 2.32km2, with greenery accounting for 48% of the total land area.
The project represents a multi-purpose mixed-use real estate development and is located on Emirates Road.