ENBD REIT hedges $108.9mn facility with Mashreq Bank

ENBD REIT, the Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management Limited, has executed a Shari’a-compliant profit rate...

Property

Union Properties reaches agreement with Emirates NBD over restructure of $258mn debt

Union Properties, the Dubai-based developer, has said it has successfully reached an agreement with Emirates NBD for the full restructuring of its...

Consultant

Union Properties announces final stages of comprehensive debt restructuring process

Union Properties, a Dubai-based real estate development company, has announced that it is in the final stages of a comprehensive debt restructuring...

Consultant

Limitless looking to appoint legal and financial advisers for financial restructuring plan

Limitless, the Dubai-based property developer, has told creditors that it is looking to appoint legal and financial advisers to work on a...

Construction

Al Jaber calls for debt extension

[caption id="attachment_11527" align="aligncenter" width="505"] Al Jaber Group is looking to extend its debt repayments to creditors by five years.[/caption] RELATED ARTICLES: DREC takes...

Construction

Al Jaber calls for debt extension

[caption id="attachment_3233" align="aligncenter" width="300"] Al Jaber Group is looking to extend its debt repayments to creditors by five years.[/caption] Al Jaber Group,...

Construction

DREC takes over management of Zabeel

[caption id="attachment_11414" align="aligncenter" width="590"] Jumeirah Zabeel Saray is one of Zabeel Investment's flagship properties.[/caption] RELATED ARTICLES: Aldar, Sorouh merger likely within a month...