Danube buys premium plot in heart of Business Bay ...United Arab Emirates

Shuaa Capital, the asset management and investment banking platform, has announced that it has arranged, on behalf of its subsidiaries and other investors, the sale of a prime plot of land in Business Bay for AED190m ($51m) to Dubai-based developer Danube Properties. This transaction is part of Shuaa Capital’s ongoing strategy to consolidate its asset portfolio, driving value for its shareholders and supporting the growth of Dubai’s real estate market. Shuaa Capital Group CEO, Fawad Tariq Khan said: “We are delighted to reveal this transaction with Danube Properties, with whom we have a growing relationship. This agreement underscores our dedication to generating shareholder value and partic

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Last updated : 06 July 2023 clock 08:16 AM

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Danube buys premium plot in heart of Business Bay ...United Arab Emirates

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