08.09.2011 - Emaar's bond outperforms Aldar's on strong revenue
Emaar Properties’s Islamic bond generated returns this year that were more than double those of Abu Dhabi’s Aldar Properties as revenue from hotels and malls supported Dubai’s biggest real-estate developer. Emaar’s 8.5 percent Islamic bond, or sukuk, due 2016 returned 8.2 percent since it first traded January 27, according to data compiled by Bloomberg..............................................Full Article: Source
Print