Saturday 23 September 2017
 
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Union Properties

Union Properties opens mall, hotel management units

Dubai-based Union Properties has announced plans to diversify its operations and revenue sources by opening two new fully-owned subsidiary companies: Union Malls and Al Etihad Hotel Management. Union Malls will provide retail and

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Properties Investment to hand over 134 townhouses

Properties Investment, a joint venture of Dubai Investments and Union Properties, has announced plans to hand over 134 townhouses and 16 duplex apartments in stage 2 and 3 of its Green Community Dubai Investments Park – West Phase III proj

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Union Properties takes $762m provisions

Union Properties (UP), one of the leading property investment developers in the UAE, has taken provisions of Dh2.8 billion ($762 million), resulting in a second quarter net loss of Dh2.3 billion ($626.19 million). Following a thor

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Union Properties names new CEO

Union Properties, one of the leading property investment developers in the UAE, has appointed Ahmed Yousef Abdulla Hussain Khouri as its new chief executive officer. A key player in the region, Union Properties has developed a div

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Emicool wins top honours at US show

UAE-based Emirates District Cooling (Emicool) said it has won top industry awards in two categories at the 107th International District Energy Association (Idea) annual conference and trade show held recently in Minnesota, US. The

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Emicool wins top honours at US show

UAE-based Emirates District Cooling (Emicool) said it has won top industry awards in two categories at the 107th International District Energy Association (Idea) annual conference and trade show held recently in Minnesota, US. The

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UAE developer inks finance deal with Amlak

Properties Investment, a joint venture between Dubai Investments and leading UAE developer Union Properties, has signed a strategic deal with top real estate financier Amlak Finance, for its Green Community project in Dubai. As pe

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Union Properties awards $122m residence project deal

Union Properties has awarded the main construction contract for its Dh450 million ($122 million) Oia Residences at MotorCity in Dubai, UAE, to China State Construction Engineering Corporation Middle East (CSCEC). The lead consulta

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Dubai Investments boosts stake in UAE property JV

Dubai Investments, a leading, diversified investments conglomerate listed on the Dubai Financial Market, has acquired an additional 20 per cent stake in Properties Investment, a major investor and developer of real estate properties in UAE, for

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Union Properties eyes $202m loan to fund key projects

Dubai's Union Properties is in talks with banks to borrow about Dh740 million ($202 million) to help fund some of its projects, the developer said in a bourse statement on Tuesday. The company hopes to borrow Dh300 million ($8

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