Arabian Construction Company, the UAE-based contractor, has said that its joint venture with Joannou & Paraskevaides Group has won a contract to build a 170m tall luxury residential tower in Cyprus.

Known as ‘One’, the development will be the tallest residential seafront tower in Europe once it is complete in 2019. It is the first project in Cyprus for the UAE company.

Located on 28th October Avenue in Limassol, the project will be a landmark on Cyprus’ skyline, and a representation of the island’s progress, the contractor said in a statement. The 37-storey building will contain 83 apartments, with a mix of two-, three- and four bedrooms. A three-floor penthouse will also be part of the tower.

Read more...