Trident Grand Mall sold for $20m ...United Arab Emirates

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Trident Grand Mall sold for $20m
Emirates REIT, a key business unit of Equitativa – the largest real estate investment trust manager in the GCC – has announced the sale of Trident Grand Mall. The mall is a two-floor retail component of Trident Grand Residence in Jumeirah Beach Residence, Dubai Marina. Emirates REIT has investments principally in income-producing real estate in line with shari’a principles. It currently owns a portfolio of nine assets in the commercial, education and retail sector. First opened in 2014, Trident Grand Mall features 22 retail units over two floors and 164 basement parking spaces. It has undergone significant repositioning of its retail offer in the last 10 years, including renovations and enha

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