Union Properties ... unveils big development plans.
Union Properties to develop $544m projects
DUBAI, July 22, 2015
Union Properties, a Dubai-based real estate developer, plans to develop three new projects worth $2 billion ($544.5 million), it said in a bourse filing on Wednesday.
The developer provided no other details.
Shares of Union Properties declined 1.6 per cent to Dh1.23 ($0.33) at the close on Wednesday, prior to the release of the filing.-Reuters