Sunday, 15 February 2015

Bluewaters project in Dubai has name challenged by UK shopping centre | The National

Bluewaters project in Dubai has name challenged by UK shopping centre | The National:



"Land Securities Group, the owner of the UK’s Bluewater shopping centre in Kent, is seeking to block a Dubai company from naming one of its developments Bluewaters, according to a person with knowledge of the matter.



The UK’s largest real estate investment trust filed a challenge to stop Meraas Holding using the name for a planned project that will include a Ferris wheel to rival the London Eye, said the person, who asked not to be identified because the information is private.



The filing was made at the Industrial Property Office, which handles trademark disputes, the person said. Meraas plans to build shops, homes and the 210-metre Ferris wheel, according to its website, and is seeking to raise a loan of about US$500 million for the project. The company is also building the Middle East’s first Legoland theme park in Dubai."



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