Wed, Sep 17, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Finance, M&A more

Emaar downplays debt burden of Dubai property merger

Posted on 29 June 2009

From Theage.com.au: Dubai real estate giant Emaar Properties said on Sunday that the debt of the entity to be created through its merger with three other property developers will not exceed 3.64 billion US dollars, seven percent of combined assets.

The listed company, which is mostly controlled by the government, and the government-owned Dubai Holding had said on Friday that they were in advanced talks to merge Emaar and three Dubai Holding property units — Dubai Properties, Sama Dubai and Tatweer……..Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
September 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
2930