Kuwait’s National Real Estate Company (NREC) has shortlisted two companies for the contract to build its AED1.2bn ($327m) Carina Views residential development in Abu Dhabi.

The local Seidco General Contracting and China-based Beijing Construction Engineering have been shortlisted by NREC for the main construction package for the development, which will be located on Reem Island.

The project will include four 22-storey towers. The towers will contain 684 residential apartments, community rooms, swimming pools and parking facilities.

The development will have a total built up area of 156,800 square metres. The project is scheduled for completion in 2012. Germany’s Bauer has been awarded a contract for the enabling works.

The local office of KEO International Consultants is the main architect for the project.

NREC is also carrying out the final stages of the design work on their proposed AED3.2bn Reem Mall. Tender documents are expected to be issued in early 2011, according to a source involved with the project.

The mall development, which will also be located on Reem Island, will include retail units, office units, a 500-room four star hotel, 170 residential apartments and car parking facilities.

The gross floor area of the shopping area will be 260,000 sq m and the office units will occupy an area 35,000 sq m. With the inclusion of the car parking facilities, the total development will cover an area of 960,000 sq m.

Germany’s Bauer has started piling work. The local office of KEO International Consultants is the main architect for the project.

The mall development is set for completion in early 2013.