Dubai’s Union Propertiesby Forbes Middle East Forbes Middle East - Business News
Union Properties acquired the stake through its fully-owned investment arm UPP Capital Investment. Recommended Features
- Union Properties
- Palm Hills Development
- Egyptian Developer
Review on Dubai’s Union PropertiesDubais Union Properties has acquired a strategic stake of 5.68% in Egypts Palm Hills Development, a move that comes as part of the real estate developers plans to diversify its revenue streams and expand its business into new markets.
Established in 2005, Palm Hills Development develops residential and integrated commercial developments, small cities, urban communities, hotels and luxury resorts. The company is listed on both the Egyptian Stock Exchange and the London Stock Exchange, and currently has a portfolio of 26 projects in various stages of development.
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Created on Jan 13th 2018 05:32. Viewed 408 times.
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