Houlihan Lokey secures funding for SPIPD’s Imperial Avenue project in Downtown Dubai ...United Arab Emirates

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Houlihan Lokey secures funding for SPIPD’s Imperial Avenue project in Downtown Dubai
source : ME CONSTRUCTION NEWS ( United Arab Emirates ) () 23
Global investment bank Houlihan Lokey has announced it has secured funding for Shapoorji Pallonji International Property Developers (SPIPD) to finance the completion of its Imperial Avenue residential development in Downtown Dubai. SPIPD is the development arm of Shapoorji Pallonji, one of India’s largest business conglomerates, with a presence in the engineering and construction, infrastructure, real estate, water, energy and financial services sectors. The conglomerate has more than 70,000 employees across 70 countries. Arun Reddy, Managing Director and Head of Middle East and Africa at Houlihan Lokey, commented, “This transaction marks an important milestone for the development of the Imp

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