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FINANCIAL NEWS
Dubai Union Properties plans USD544.5m projects
23 Jul 2015
(MENAFN) Dubai’s Union Properties, one of UAE’s leading property investment developers, said it plans to develop three new projects worth USD544.5 million, Arabian Business reported.
The developer provided no further details. In April, the firm said construction work on phase three of its Green Community expansion will start earnest in July of this year.
Union Properties broke ground on the project in January with Wade Adams awarded the contract to enable the work. Dewan Architects and Engineers are the lead consultants on the project.
In September last year, Union Properties announced it is planning to focus its efforts on developing the Motor City area as appetite returns for properties in more remote locations.
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