Construction Business News reports:
“Dubai-based developer, Emaar Properties’ board, has approved the initial public offering (IPO) of its real estate development subsidiary, Emaar Development, to happen as soon as next month, the company said on the Dubai Financial Market (DFM).
Emaar Properties expects to sell 20% of the company in the offering, consistent with its stated strategy of bringing subsidiary companies to market once they have reached sufficient maturity.”
To see the full article click here:
You have successfully subscribed for the updates. Thanks.