Saturday 20 October 2018
 
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Union Properties

Union Properties to unveil $680m lifestyle destination

Union Properties, a leading UAE real estate developer, will be launching its mixed-use urban lifestyle destination, Avenue District, at the Cityscape Global 2018 expo which opens in Dubai tomorrow. Being developed as part of Dubai

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Union Properties hands over $123m Dubai Motor City project

Union Properties, a leading property developer in the UAE, has announced the delivery of all the residential units at its OIA Residences project, developed at the cost of Dh450 million (Dh123 million), within Dubai Motor City. A m

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Union Properties swings to Q2 net profit

Dubai-based developer Union Properties has reported a profit of Dh24.7 million ($6.7 million) attributable to shareholders for the second quarter compared to a loss of Dh2.29 billion for the same period last year.  

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Union Properties launches mixed-use project in Dubai

Union Properties, one of the largest real estate developers in the UAE, has announced the launch of ‘Zawaya’, a new mixed-use development in Motor City, and also the commencement of its excavation work. China State Con

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Union Properties swings to 2017 net loss

Union Properties, a leading real estate developer in the UAE, has reported a net loss of Dh2.3 billion ($626 million) for the 12 months ending December 31, 2017 (equivalent to Dh0.55 loss per share) compared to a net profit of Dh211 million in t

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Dubai Investments acquires entire stake in Emicool

Dubai Investments, a leading, diversified investment company listed on the Dubai Financial Market (DFM), has acquired additional 50 per cent stake in Emirates District Cooling (Emicool) from Union Properties for Dh500 million ($136 million).

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Union Properties buys key stake in Egyptian developer

Union Properties, a leading real estate developer in the UAE, said one of its units has acquired a strategic 5.68 per cent stake in top Egyptian real estate developer Palm Hills Developments as part of its regional expansion plan.

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Union Properties to sell full stake in Emicool

Union Properties, one of the leading real estate developers in the UAE, announced that it is in its final stage of selling its entire stake in Emirates District Cooling (Emicool), a leading district cooling service provider in the region.

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Union Properties unit plans Dubai listing in H2

Union Properties, one of the leading real estate developers in the UAE, has announced plans to raise capital through an initial public offering (IPO) of the shares of ServeU, its facilities management subsidiary, in the second half of 2018.

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Union Properties posts $12m net loss in Q3

Union Properties, a leading developer in the UAE, has reported a net loss of Dh45 million ($12.2 million) for the third quarter compared with a net profit of Dh32 million ($8.7 million) in the same period last year.   Announcing the

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